Oppose Corporate Welfare to Lockheed Martin
The Examiner's Rachel Baye reports that Montgomery County Executive Ike Leggett is proposing a $900,000 taxpayer subsidy for defense contractor Lockheed Martin. Notably, the successful multinational company had four back-to-back profitable quarters in 2011, during the recession. Their revenue every quarter last year ranged from $548 million to $698 million. Meanwhile, the County Executive is slashing services for the needy, struggling to find money to revitalize Wheaton, and undermining the county's commitment to smart growth and transit funding. Are they really now proposing taxpayer-funded corporate welfare for Lockheed Martin?