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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]
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.
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 ...
According to the Business Research Company, the global defense market grew from $475 billion in 2021 to $514 billion in 2022, at a CAGR of 8.2%, aided by the Russia Ukraine war, and is expected to ...
The company was formed on 30 November 1999 by the purchase and merger of Marconi Electronic Systems (MES), the defense electronics and naval shipbuilding subsidiary of the General Electric Company ...
In December 2024, the company won a $100 million contract with the Department of Defense. The deal runs until 2031 to develop small UAVs, provide support services, and conduct further research and ...
Former defense companies of the United States (58 P) G. General Dynamics (4 C, 46 P) L. L3Harris Technologies (1 C, 17 P) Lockheed Corporation (6 C, 36 P)
The defense industry is an extremely lucrative sector that is thriving as countries ramp up their military spending […] In this article, we will take a look at the top defense contractors in ...