Tag "Lockheed Martin"

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Brown signs defense industry tax break with hidden Tesla perk

Governor Jerry Brown  signed into law Thursday a special $420 million corporate tax break for defense contractor Lockheed Martin. If that wasn’t controversial enough, now word has surfaced that the bill also included a hidden perk for electric auto maker Tesla

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Legislature picks aerospace winner

  An Air Force request for proposal (RFP) for the next generation stealth bomber is about to hit the street. The contract is worth an estimated $55 billion. Aerospace giants Lockheed Martin Corp. and Northrop Grumman – both of which

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