One of the largest defense contractors in the nation just donated hundreds of thousands of dollars to federal lawmakers through its PAC.
Lockheed Martin contributed to the campaigns of nearly 150 lawmakers in April.
The donations came at a time when members of Congress were debating a new defense package to send to Ukraine.
Last month, one of the country’s largest defense contractors donated to the campaigns of nearly 150 lawmakers as they debated sending arms and defense supplies to Ukraine. , according to a new folder with the Federal Election Commission.
The contractor, Lockheed Martin, spent a total of $256,500 in April donating to congressional campaigns, a gubernatorial campaign, and Republican and Democratic political action committees.
Of Lockheed Martin’s 147 PAC donations to federal lawmakers’ campaigns, five went to members of the Senate Armed Services Committee: Republican Sen. Dan Sullivan of Alaska and Democratic Sens. Richard Blumenthal of Connecticut, Joe Manchin of Virginia -Occidentale, Tammy Duckworth of Illinois, and Mark Kelly of Arizona.
The company‘s PAC also donated to the campaigns of 27 members of the House Armed Services Committee, including Democratic member and chairman of Rep. Adam Smith of Washington, whose campaign received $2,500 from the PAC.
A representative for Smith’s campaign did not respond to Insider’s request for comment.
Lockheed Martin’s PAC spending in April represents one of its busiest months in recent years, both in terms of recipient numbers and dollars donated.
In a statement Monday to Insider, Lockheed Martin said its PAC “continues to observe longstanding principles of nonpartisan political engagement in support of our business interests.”
As Lockheed Martin gave its money to lawmakers throughout April, lawmakers were discussing more than 10 Ukraine-related bills.
Lockheed Martin co-produces the Javelin anti-tank missile systems, which Ukrainian defenses used against Russian forces – the United States has sent Ukraine at least 5,500 Javelin systems since Biden took office, with the majority coming after the invasion of Russia, according to Severance Defense. The company also produces fighter aircraft and a wide variety of other military and defense systems.
Lockheed Martin and Raytheon Technologies announced in mid-May that the two companies’ Javelin joint venture had won two contracts worth $309 million by the US military to produce more missiles.
In addition to its PAC contributions, Lockheed Martin also spends millions each year to lobby the federal government directly, including Congress.
In the first quarter of 2022 alone, Lockheed Martin spent $3.3 million on federal lobbying efforts, according to data compiled by a nonpartisan research organization. OpenSecrets.
A recent Insider analysis found that 20 members of Congress themselves invested in shares of Lockheed Martin or Raytheon Technologies, including Republican Representative Marjorie Taylor Greene of Georgia and Democratic Representative Lois Frankel of Florida.
Read the original article at Business Intern