Tag: Lockheed Martin

Progressive versus President over jobs and Pentagon spending

A member of the House Progressive Caucus staked his reputation on restoring funding for a canceled Pentagon program and managed to secure $100 million for Lockheed Martin to keep the defunct and unwanted VH-71 presidential helicopter program alive.

President Obama said in Feburary that the project was “an example of the procurement process gone amok and we are going to have to fix it.”

However this Friday, The Hill reported Rep. Maurice Hinchley secured the $100 million commitment to the defunct program. Hinchley, a Democrat representing the 22nd congressional district of New York, said in a statement:

Although I was not able to achieve my complete objective, which was to fully continue all aspects of Lockheed Martin’s Increment 1 presidential helicopter, this funding will save about 250 jobs in Owego that would have been lost without it.