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corporate welfare


  • Originally published 03/22/2013

    Lockheed Martin at the Trough

    What do hungry children and the world’s largest military contractor have in common? Not much, it seems  At the very time when (thanks to sequestration) state governments are cutting back aid to low income women and their children, the government of the State of Maryland seems en route to providing the Lockheed Martin Corporation with a handout worth millions of dollars.Lockheed Martin, which did $47 billion in business during 2012 -- mostly weapons sales to the U.S. government -- owns a very large, luxurious hotel and conference center in Montgomery County, Maryland.  In 2010, the corporation succeeded in getting the state to exempt it from paying the state lodging tax that all other Maryland hotels paid. 

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