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Infographic: Defense CEOs vs. Workers
TweetAugust 24, 2012
If you listen to the CEOs of the top aerospace and defense contractors, the planned Pentagon spending cuts are going to be devastating to defense industry workers. Don't believe everything you hear.
Not only is the correlation between federal contracts and defense industry jobs suspect, but CEOs should take a look at their own compensation packages before they start threatening the jobs of their employees.
An analysis by POGO investigator Ben Freeman showed that a CEO of a top five aerospace and defense contractor makes on average $21.5 million per year in compensation, which is 268 times what the average defense industry worker makes. When you compare defense CEO compensation to salaries for soldiers with 10 years of experience, the gap is even greater.
Help get the word out by sharing the graphic above to your friends on Twitter and Facebook.
Andre Francisco is the Online Producer for the Project On Government Oversight.
Topics: Contract Oversight, National Security
Related Content: Wasteful Defense Spending
Authors: Andre Francisco
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Podcast: How The Intelligence World Came to Rely on Contractors
POGO's Scott Amey talks about the growing private intelligence industry that includes major federal contractor Booz Allen Hamilton, the former employer of Edward Snowden. Podcast with Joe Newman, Aimee Thomson, Jana Persky and Andre Francisco.
