The U.S. secretary of defense makes roughly $200,000 a year, while the CEOs of Lockheed Martin and Raytheon make more than $20 million. There is an element of absurdity to that.
And then you consider that Lockheed’s Marillyn Hewson and Raytheon’s Tom Kennedy are not an anomaly. Their counterparts at General Dynamics, Northrop Grumman, Boeing — all top-tier defense companies — pay their CEOs total compensation that falls in that ballpark, albeit a bit less. READ MORE