Published on January 7, 2013 at 11:49 PM
Bloomberg/The Washington Post: Weapons Makers Try Health Care Amid Defense Cuts
Top weapons makers Lockheed Martin and General Dynamics are pursuing and winning health-care projects as the Pentagon weighs hundreds of billions of dollars in cuts. Lockheed Martin, the top federal contractor, won $472 million in awards from the Department of Veterans Affairs and the Department of Health and Human Services in the fiscal year ended Sept. 30, about five times more than in 2002. General Dynamics, the No. 3 U.S. vendor, won almost nine times as much work, or $398 million, from the two health-focused agencies last year compared with fiscal 2002 (Miller, 1/6).
This article was reprinted from kaiserhealthnews.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.