FX168财经报社讯 美国大型科技公司与军工承包商在华盛顿的游说投入，二季度出现明显分化。CNBC对五家“美股七巨头”科技公司以及八家大型美国上市军工承包商的分析显示，前者二季度联邦游说支出基本持平，后者则较一季度有所回落。随着贸易、对华政策、税收和出口管制等议题持续成为国会山焦点，相关企业正通过加大游说力度争取政策影响力。

科技巨头支出基本持平

数据显示，Meta、亚马逊（Amazon）、谷歌（Google）、微软（Microsoft）、苹果（Apple）、英伟达（Nvidia）和特斯拉（Tesla）这七家科技巨头中的五家公司，二季度合计联邦游说支出为2125万美元，几乎与一季度的2127万美元持平。

其中，Meta仍是这组公司中支出最高的企业，二季度游说支出为599万美元，但较一季度下降15%。亚马逊支出几乎没有变化，为436万美元。谷歌则逆势增加25%，升至357万美元；微软支出也上升近13%，达到269万美元。

整体来看，这些公司二季度的游说支出较2025年二季度增长7.7%。在国会山对科技行业的关注持续升温之际，这些企业在最近一个季度申报的游说议题包括贸易、中国、税收以及出口管制。

军工行业支出回落

与科技行业相比，美国大型军工承包商二季度的游说开支有所下降。按美国总务管理局SAM.gov最新Top 100 Contractors报告中、依据2024财年国防部合同义务排名的八家最大美国上市军工承包商计算，这些公司二季度联邦游说支出合计为1968万美元，较一季度的2036万美元下降3.3%。

洛克希德·马丁（Lockheed Martin）仍是该组中支出最高的公司，二季度投入418万美元；RTX以386万美元位居第二，通用动力（General Dynamics）以342万美元排名第三。

在个股变化方面，RTX二季度支出减少60万美元，是该组公司中环比降幅最大的绝对金额；L3Harris降幅最为明显，支出几乎减少45%，至53万美元。亨廷顿英格尔斯工业（Huntington Ingalls）、诺斯罗普·格鲁曼（Northrop Grumman）和Leidos也都录得两位数百分比下滑。

波音支出逆势增加

在八家军工公司中，波音（Boeing）是支出增幅最大的企业，二季度游说支出增加13%，达到277万美元。尽管整体军工板块开支回落，但波音的上升显示，部分企业仍在围绕国防采购、监管和政策环境积极争取话语权。

从市场影响看，科技与军工企业的游说支出变化，更多反映的是行业对政策环境的预判和应对节奏，而非短期经营基本面的直接变化。对于投资者而言，相关支出动向可作为观察美国科技监管、对华政策、国防预算和出口管制走向的辅助信号。

FX168点评

科技巨头与军工承包商的游说支出分化，折射出美国政策议程正在同时牵动两大板块：一边是围绕贸易、税收、对华限制和出口管制的科技监管压力，另一边则是国防采购与预算分配的持续博弈。此类支出通常更偏向中短期政策预期管理，未必立即转化为股价表现，但往往能提前透露企业对监管风险和政策机会的判断。后续若国会山在AI、出口管制或国防预算上推进新议程，相关行业的游说投入仍可能继续变化。

备选标题

科技巨头二季度游说支出持平 军工承包商整体回落

Meta仍居首、谷歌微软加码 美国科技与军工游说投入分化

华盛顿政策博弈升温 科技公司与军工巨头游说开支出现分歧

英文原文

A CNBC analysis of five “Magnificent 7” tech companies — Meta, Amazon, Google, Microsoft, Apple, Nvidia and Tesla — found they spent a combined $21.25 million on federal lobbying during the second quarter, essentially unchanged from $21.27 million in the first quarter.

Meta remained the largest spender in the bunch in the second quarter at $5.99 million, though its lobbying expenditures fell 15% from the first quarter this year. Amazon’s spending was nearly unchanged at $4.36 million.

Google and Microsoft moved in the opposite direction. Google increased its spending 25% from last quarter to $3.57 million, while Microsoft raised its total nearly 13% to $2.69 million.

Those companies collectively boosted their lobbying spending 7.7 percent compared with the second quarter of 2025 as tech has been in the spotlight on Capitol Hill. They reported lobbying in the most recent quarter on issues including trade, China, taxes and export controls.

Major defense contractors, another sector that like tech is a habitual big spender, reduced their combined spending compared with the previous quarter.

The eight largest U.S.-based publicly traded defense contractors, ranked by fiscal 2024 Defense Department contract obligations in the latest General Services Administration’s SAM.gov Top 100 Contractors report, spent $19.68 million on federal lobbying in the second quarter, down 3.3% from $20.36 million in the first quarter.

Lockheed Martin led the group at $4.18 million, followed by RTX at $3.86 million and General Dynamics at $3.42 million.

RTX cut its spending by $600,000, the largest decline in dollar terms from the first quarter to second quarter among the defense companies reviewed by CNBC. L3Harris reported the steepest percentage drop, reducing its spending nearly 45% to $530,000. Huntington Ingalls, Northrop Grumman and Leidos also posted double-digit declines.

Boeing was had the biggest spending increase among the eight companies, increasing spending 13% to $2.77 million.