The federal government is one of the world’s largest marketplaces, and while competition is fierce among its key vendors, the top 10 dominate—receiving roughly three of every 10 dollars the federal government awarded in 2015.
“The top five have been pretty steady for the last decade or so,” said Bloomberg Government analyst Duncan Amos, who recently authored “The BGOV200,” a ranking of the top 200 federal contractors by prime unclassified contracts awarded by federal agencies in fiscal 2015. This year, as in year’s past, Lockheed Martin (No. 1) , Boeing (No. 2) and General Dynamics (No. 3) round out the top three contractors.
“No surprise in the top five—but we did see that Lockheed Martin Corp. did increase its obligations by almost $4 billion from last year,” Amos said. “And that doesn’t include its acquisition of Sikorsky—which was completed in FY16, so it’s still reflected in United Technologies Corp (No. 7).”
Altogether, of the $440.8 billion in prime contracts awarded in FY15, the top 10 government contractors received $121.1 billion.
Here are the top 10:
1. Lockheed Martin Corp.
2. Boeing Co.
3. General Dynamics Corp.
5. Northrop Grumman
6. McKesson Corp.
7. United Technologies Corp.
8. L-3 Communications Holdings Inc.
9. Bechtel Group Inc.
10. BAE Systems Plc