Lockheed Martin and the Military-Industrial Complex

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January 17th marks the 50th anniversary of President Dwight Eisenhower’s famous speech on the military-industrial complex. William Hartung, director of the New America Foundation’s Arms and Security Initiative, discusses the history of Lockheed Martin—the nation's largest weapons contractor. His book Prophets of War traces the company's rise from military aircraft manufacturer in WWI, to a major supplier of fighters and bombers for the Allies in WWII, to corporate behemoth with a major role in setting American foreign policy.