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Texas, Arizona, and Maryland Top Three in State Defense Funding Increases in Fiscal 2020

Frank Wolfe Frank Wolfe
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Texas, Arizona, and Maryland Top Three in State Defense Funding Increases in Fiscal 2020
A weapons load crew from the 58th Aircraft Maintenance Unit prepare to load an AIM-9X missile on to a 33rd Fighter Wing F-35A Lightning II at Eglin AFB, Fla. on Sept. 17, 2019 (U.S. Air Force Photo)

The states with the highest Pentagon spending increases in fiscal 2020 were Texas, Arizona and Maryland and contracts for the Lockheed Martin [LMT] F-35 and Raytheon [RTX] missiles were significant contributors, according to DoD's annual defense spending by state report issued last week. "Texas, Arizona and Maryland had the largest increases in DoD spending from Fiscal Year 2019 to 2020," per a report summary. "This was driven by large contracts to Lockheed Martin in Texas, Raytheon in Arizona, and Lockheed…

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