Category: defense contractors

Bipartisan Senators Seek Pentagon Investigation Into Arms Makers Over Price Gouging Claims

May 26, 2023
BoeingBusiness & MarketsCompaniescongressdefense contractorsDepartment of DefenseLockheed MartinPoliticsprice-gougingraytheonUSUS News
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Five U.S. senators, including two Democrats, two Republicans, and independent Sen. Bernie Sanders, are seeking a Department of Defense (DoD) investigation into allegations of price gouging by U.S. arms manufacturers. A CBS News “60 Minutes” report this week claimed systemic price gouging practices were used by major arms manufacturers such as Lockheed Martin, Boeing, and…

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American Defense Contractors Keep Making Billions From Russia–Ukraine War

January 20, 2023
Business & MarketsCompaniesdefense contractorsEuropeHIMARSLockheed MartinRaytheon Technologies CorpRussia ukraine conflictRussia-Ukraine WarUSUS NewsWorld
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Major American defense companies such as Raytheon and Lockheed Martin have benefited from Russia’s ongoing war in Ukraine, raking in billions of dollars’ worth of contracts to supply weapons as the United States continues to spend money in Ukraine and replenish its army. Lockheed manufactures high-tech defense systems that have played a major role in…

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San Diego Defense Contractor Sentenced for Providing Info to Chinese Government

November 7, 2022
defense contractorsLocal NewsRegional NewsRegional-Local NewsSouthern CaliforniaUS
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SAN DIEGO—A San Diego civilian defense contractor who pleaded guilty to accepting money from Chinese government representatives in exchange for providing aviation-related information from his American defense contractor employers was sentenced Nov. 7 to 20 months in prison. Shapour Moinian, 67, handed over information “related to multiple types of aircraft designed and manufactured in the…

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Wright-Patterson Air Force Base Continuous to Deny COVID-19 Vaccine Exemptions

January 7, 2022
AMERICACCP VirusCOVID-19DAYTONdefense contractorsKentuckyOhioOhio Attorney General Dave YostRegional NewsRegional-Local NewsTennesseeUSUS Newsvaccine mandatesWright State UniversityWright-Patterson Air Force Base
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The reins of authority over COVID-19 vaccination mandates seem as if they are continuing to tighten from at least two major institutions in Dayton, Ohio. Wright-Patterson Air Force Base, which is a key player in national security and employs about 32,000 people, is continuing to deny vaccine exemptions for many military members and defense contractors….

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Wright-Patterson Air Force Base Continues to Deny COVID-19 Vaccine Exemptions

January 7, 2022
AMERICACCP VirusCOVID-19DAYTONdefense contractorsKentuckyOhioOhio Attorney General Dave YostRegional NewsRegional-Local NewsTennesseeUSUS Newsvaccine mandatesWright State UniversityWright-Patterson Air Force Base
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The reins of authority over COVID-19 vaccination mandates seem as if they are continuing to tighten from at least two major institutions in Dayton, Ohio. Wright-Patterson Air Force Base, which is a key player in national security and employs about 32,000 people, is continuing to deny vaccine exemptions for many military members and defense contractors….

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