Here Are the Members of Congress Invested in War
At least 50 members of Congress or other members of their households hold stock in defense contractors, companies that receive hundreds of billions of dollars annually from congressionally-crafted Pentagon appropriations legislation.
The total value of the federal lawmakers’ defense contractors stock holdings could be as much as $10.9 million, according to a Sludge analysis of 2023 financial disclosures and stock trades disclosed in subsequent periodic transaction reports.
The most widely held defense contractor stock among senators and representatives is Honeywell, an American company that makes sensors and guiding devices that are being used by the Israeli military in its airstrikes in Gaza. The second most commonly held defense stock by Congress is RTX, formerly known as Raytheon, the company that makes missiles for Israel’s Iron Dome, among other weapons systems.
