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Money in politics

Lockheed Martin Corporation's PAC funded 21 members of Congress. 10 of them are connected to the company in two more ways.

Lockheed Martin Corporation — money, a committee seat, and the stock

First, the money: Lockheed's PAC spread $225K across 21 members' campaigns.

Then the access: 10 of those funded members — Wittman, Courtney, Franklin and 7 others — sit on committees including Armed Services and Science, Space, and Technology, with jurisdiction over industrials.

Industrials is Lockheed's industry — and that committee is where its rules, funding, and oversight get written.

And the market: those same 10 members also traded LMT — the stock of the company funding their campaigns.

The 10 members

MemberPAC $GiftsCommitteeTrades
Robert WittmanR-VA$40k25Armed Services2
Joe CourtneyD-CT$33k23Armed Services2
C. FranklinR-FL$12k11Science, Space, and Technology6
Deb FischerR-NE$10k10Armed Services1
George WhitesidesD-CA$10k5Armed Services1
John CurtisR-UT$6k5Commerce, Science, and Transportation2
Gilbert CisnerosD-CA$6k6Armed Services5
Robert BresnahanR-PA$6k8Transportation and Infrastructure1
Valerie HoyleD-OR$5k5Transportation and Infrastructure2
Tommy TubervilleR-AL$4k4Armed Services2

The other 11 also took PAC money and disclosed LMT trades — but hold no current seat on a committee overseeing industrials.

PAC contributions are legal and disclosed. This surfaces co-occurrence of corporate donations, lobbying, and personal stock trades — not evidence of coordination or quid pro quo.

Correlative observation from public records — not evidence of coordination or wrongdoing, and not financial advice.
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SOURCE: FEC PAC-TO-CANDIDATE CONTRIBUTIONS · HOUSE / SENATE COMMITTEE ASSIGNMENTS