Exhibit 339

Profits of War: Corporate Beneficiaries of the Post-9/11 Pentagon Spending Surge

Exhibit 339 · Research paper

Profits of War: Corporate Beneficiaries of the Post-9/11 Pentagon Spending Surge

Pentagon spending has totaled over $14 trillion, one-third to one-half of which went to defense contractors.

Estimates one-third to one-half of more than $14 trillion in Pentagon spending since 2001 went to contractors, derived from the DoD Green Book and CRS; five firms received one-quarter to one-third of contracts; cites $2.5 billion lobbying (Center for Responsive Politics).

Source: William D. Hartung, Costs of War Project, Watson Institute, Brown University
Date: 13 September 2021
Quoted from: p. 2, Introduction
Grade: Reported
Document: https://costsofwar.watson.brown.edu/sites/default/files/papers/Profits-of-War_Hartung_Costs-of-War.pdf
Accessed: 2026-11-09
Cited by: Findings citing this exhibit
Note: Project paper by a think-tank fellow, not peer reviewed. Footnote 2 derives the range from DoD's National Defense Budget Estimates for FY 2021 and CRS IF10600; this project did not re-derive it. The $2.5 billion lobbying figure cites the Center for Responsive Politics and was not re-derived.

Cited by

Finding DEF-1.3: Primary record The Congressional Research Service reported that five companies received 30 percent of Department of Defense contract obligations in fiscal year 2024, out of $445 billion: Lockheed Martin, RTX, Boeing, Northrop Grumman and General Dynamics.
Finding DEF-1.10: Reported The original Lobbying Disclosure Act quarterly reports for 2019 to 2025, summed, show Lockheed Martin, RTX, Boeing, General Dynamics and Northrop Grumman together reporting $519.7 million in lobbying, between $68.9 million and $81.2 million a year, in company-wide figures for all issues.