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With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
('DoD 9700' worksheet). [1] The Department of Defense announces contracts valued at $7 million or more each business day at 5 pm. [2] All defense contractors maintain CAGE (Commercial and Government Entity) Codes and are profiled in the System for Award Management (SAM). [3]
A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government.Products typically include military or civilian aircraft, ships, vehicles, weaponry, and electronic systems, while services can include logistics, technical support and training, communications support, and engineering support in cooperation ...
The Top 100 Contractors Report for Fiscal Year 2022 [8] published by the General Services Administration lists contracts with a combined total of $398.8 billion. The top five are aerospace, defense and medical contractors: Lockheed Martin ($47.7 bn) Raytheon ($26.9 bn) General Dynamics ($24.7 bn) Pfizer ($18.0 bn) Boeing ($16.5 bn)
As of 2019, it was the fifth-largest defense contractor in the United States, and the sixth largest in the world, by sales. The company is headquartered in Reston, Fairfax County, Virginia.
Authorize a $886 billion spending budget for national defense programs including: [20] [21] A 5.2% pay increase for service members of the armed forces. [20] [21] Procurement of up to 13 Virginia-class submarines. [22] [23] Authorize the sale and transfer of defense articles and services relating to the implementation of the AUKUS partnership ...
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As a wholly-owned subsidiary of the Ball Corporation, Ball Aerospace was cited in 2023 [3] as the 54th largest defense contractor in the world. [4] Both parent and subsidiary headquarters are co-located in Broomfield, Colorado. In August 2023, Ball Corporation agreed to divest Ball Aerospace to BAE Systems Inc. for $5.6 billion in cash. [5]
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