Robert Gates, Secretary of Defense, flies to China to discuss China’s growing military size with the Chinese. Is he likely to convince them that they should not build an ever larger military organization? Obviously the answer is no. As he travels there he warns America by way of releases to the press of China’s growing military strength. Those releases telling all of us that the Chinese could become a threat to America.
The six largest military contractors earned $222 Billion in 2009. Those companies employ lots of people and are spread throughout the country. What’s the likelihood we will reduce defense spending? Not likely given the income and jobs that are at stake.
| Billions of Dollar Revenue in 2009 | ||||
| Lockheed Martin | 45 | |||
| Boeing | 34 | |||
| Northrop Grumman | 34 | |||
| Raytheon | 24 | |||
| General Dynamics | 32 | |||
| United Technologies | 53 | |||
| TOTAL REVENUE | 222 | |||
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