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DOE Contracting Woes Continue
May 20, 2013 -
Camp Lejeune Finally Cleaning Up Its Act
May 20, 2013 -
White House Brings Back Bill to Shield Journalists
May 16, 2013 -
DOE Error Causes Contracting Redo
May 16, 2013 -
Ten Questions That USASpending.Gov Can’t Answer
May 15, 2013 -
AP Case Throws More Doubt on Obama’s Whistleblower Policies
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USASpending.gov: NOT Your One-Stop Shop for Following Taxpayer Dollars
May 15, 2013 -
The Whistleblower Who Wouldn't Go Away
May 14, 2013 -
The Ugly End to the Largest Service Contract in U.S History
May 13, 2013
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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In March 2011, AllGov reported that DARPA, the Pentagon's premier research arm, had awarded a contract to a company founded by the agency's director. Wired's Spencer Ackerman joined POGO staffers to discuss how it all went down.
