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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.
The Top 100 Contractors Report on the Federal Procurement Data System lists the top 100 defense contractors by sales to the United States Armed Forces and Department of Defense. ('DoD 9700' worksheet). [ 1 ]
In this farewell address, President Dwight D. Eisenhoweroutlined the dangers of what he coined as the 'military industrial complex.'
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 Raytheon Company was a major U.S. defense contractor and industrial corporation with manufacturing concentrations in weapons and military and commercial electronics. Founded in 1922, it merged in 2020 with United Technologies Corporation to form Raytheon Technologies, [ 3 ] which changed its name to RTX Corporation in July 2023.
With a revenue of $8.94 billion in 2019, Dassault Aviation is 17th on the list of top 20 defense contractors in the world. 16. Huntington Ingalls Industries, Inc. ( NYSE: HII )
The world's largest defense contractor, Lockheed Martin, had a bumpy ride in 2011. After beating earnings estimates in its first and second quarter, things seemed to be going well for the defense ...
In 1997, the defense computer contractor Logicon was added, which had acquired Geodynamics Corporation in March 1996 and Syscon Corporation in February 1995. [43] [44] Northrop was the prime contractor on the radical YF-23 which was one of two candidates for the Advanced Tactical Fighter but would eventually lose to the F-22 Raptor. [45]