Tuesday, November 21, 2017

Top 8 Domestic Publicly-Held US Government Contractors Paid Total US Federal Income Tax Rate of 20.7% in the Most Recent Five Years, 14.3% Below the Statutory US Federal Income Tax Rate on Large Corporations of 35.0% ...................................................................................... The Free-Spending Trump Administration Reacts By Irrationally Trying To Force the US Senate To Lower US Federal Income Taxes on These Large Corporations By Another 43% By Reducing the Statutory US Federal Income Tax Rate From 35.0% to 20.0% ...................................................................................... That's Taking the Immense Financial Largesse Already Bestowed By The US Government on US Government Contractors to a Completely Different Level

Based on a review of their audited annual financial statements and income tax footnotes filed with the SEC, below is the US Federal Income Tax Paid along with the related US Pretax Income for each of the most recent five years of each of the Top 8 Domestic US Government Contracting Companies:















Total Total
















5 Years 5 Years 5 Years

2016 2016
2015 2015
2014 2014
2013 2013
2012 2012
2012-16 2012-16 2012-16

US US
US US
US US
US US
US US
US US Effective

Tax Pretax
Tax Pretax
Tax Pretax
Tax Pretax
Tax Pretax
Tax Pretax US Tax
Top 8 US Govt Contractors Paid Income
Paid Income
Paid Income
Paid Income
Paid Income
Paid Income Rate Paid
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s



















United Technologies          30     2,534
       328     2,782
       319     4,165
       616     3,658
       403     2,595
    1,696     15,734 10.8%
Boeing     1,193     5,175
    2,102     6,828
       676     6,829
       (82)     5,946
       657     5,647
    4,546     30,425 14.9%
McKesson        524     5,772
       658     2,319
       453     1,893
       484     1,554
       (84)     1,562
    2,035     13,100 15.5%
L3 Technologies          88        654
         60        192
         78        707
       181        858
       198        892
       605       3,303 18.3%
Northrop Grumman        661     2,923
       310     2,790
       701     2,937
       803     2,863
       912     2,965
    3,387     14,478 23.4%
Raytheon        713     3,030
       757     2,787
       837     2,983
       723     2,757
       753     2,779
    3,783     14,336 26.4%
Lockheed Martin     1,327     4,886
    1,573     4,299
    1,770     4,677
    1,204     4,155
       387     4,072
    6,261     22,089 28.3%
General Dynamics        698     3,638
       841     3,529
       856     3,295
       850     3,250
       876        688
    4,121     14,400 28.6%



















Total all 8     5,234   28,612
    6,629   25,526
    5,690   27,486
    4,779   25,041
    4,102   21,200
  26,434   127,865 20.7%