Reality Check on Aerospace Spending

Lockheed Martin got $35.2 billion from taxpayers last year. That's more than many federal agencies., Washington Post

"Of Lockheed Martin's $51 billion in sales last year, nearly 70 percent, or $35.2 billion, came from sales to the U.S. government. It's a colossal figure, hard to comprehend. So think of it this way: Lockheed's government sales are nearly what the Trump administration proposed for the State Department next year in its recently released spending plan. Or $15 billion more than all of NASA. Or about the gross domestic product of Bolivia. With a White House proposal to spend a massive amount on defense next year in what one consultant called an "eye-watering" budget for the defense industry, Lockheed, the world's largest defense contractor, could get even more. ... Boeing is in second place with annual sales of $26.5 billion in 2016, a year in which the top five defense contractors -- including General Dynamics, Raytheon and Northrop Grumman -- had total sales of nearly $110 billion to the U.S. government, according to federal procurement data. The five biggest defense contractors took in more money from the U.S. government than the next 30 companies combined."

Vice President Pence Announces National Space Council Users Advisory Group

Keith's note: 29 names. 11 from big aerospace, new/old space, and/or its trade organizations.

Tory Bruno, President and CEO of United Launch Alliance
Wes Bush, CEO of Northrop Grumman
Mary Lynne Dittmar, President and CEO of The Coalition for Deep Space Exploration
Adm. Jim Ellis, member of the Space Foundation Board of Directors
Marillyn Hewson, CEO of Lockheed Martin Corporation
Dennis Muilenberg, CEO of the Boeing Company
Faith Ozmen, CEO of the Sierra Nevada Corporation
Gwynne Shotwell, President and COO of SpaceX
Bob Smith, CEO of Blue Origin
David Thompson, Founder and CEO of Orbital ATK
Eric Stallmer, President of the Commercial Spaceflight Federation

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