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 2018.
“The top five have been pretty steady for the last decade or so,” said Bloomberg Government analyst Daniel Snyder, who recently authored “The BGOV200,” a ranking of the top 200 federal contractors by prime unclassified contracts awarded by federal agencies in fiscal 2018. 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 United Technologies (No. 7) increased its obligations by almost $4.9 billion from last year,” Snyder said. “And Bechtel Group Inc. (No. 16) had its obligations decrease by $1.7 billion in fiscal year 2018 – which pushed them out of the top ten in this year’s report.”
Altogether, of the $559 billion in prime contracts awarded in FY18, the top 10 government contractors received $164.4 billion.
1. Lockheed Martin Corp.
2. Boeing Co.
3. General Dynamics Corp.
5. Northrop Grumman
6. McKesson Corp.
7. United Technologies Corp.
9. Huntington Ingalls Industries
10. BAE Systems Plc