When Big Aerospace Funds Its Own Outside Sources

The Air Force's $10000 toilet cover, Washington Post

"Loren Thompson, a defense consultant who works for the Lexington Institute, a think tank that gets funding from defense contractors, said he is worried the military will be unable to buy next-generation weapons systems if it spends too much on overpriced spare parts."

Northrop Grumman CEO will step down, Washington Post

"Loren Thompson, a defense consultant, said that when Warden was elevated to the COO position last year, "it was a signal that succession had begun." .. Thompson called Bush "a godsend for Northrop Grumman shareholders. Nobody in the industry believed when he became CEO that the share price would have get as high as it is today. In fact, the company was in such bad shape when Wes took over that his predecessor had to fight to get him the job."

Playing defense - but at a price?, Politico

"The 501(c)(3) Lexington Institute doesn't disclose its donors. But Thompson said it receives contributions from defense giants Lockheed Martin, Boeing, Northrop Grumman and others, which pay Lexington to "comment on defense."

Keith's note: It is rather odd that the Washington Post does not bother to tell its readers that Loren Thompson's employer, the Lexington Institute, gets significant funding from Boeing, Lockheed Martin, Northrop Grumman and other defense companies - especially when he is being quoted in articles about those companies. Yet the post goes out of its way (quite properly) to tell people that Jeff Bezos owns the Washington Post every time Amazon, Whole Foods, or Blue Origin are mentioned in a story.

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This page contains a single entry by Keith Cowing published on July 16, 2018 10:26 AM.

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