Top 10 Defense Contractors

Posted June 26, 2020

Bloomberg Government has launched the ninth annual BGOV200, a ranking of the top federal contractors. See the list and download the report →

Defense contract spending was $404 billion in fiscal 2019, a $30 billion increase from the prior year. In total, spending at the Pentagon surged by $122 billion between fiscal 2015 and 2019.

In fiscal 2019, DOD’s largest bureaus experienced spending increases of about 10%. The Navy added $12.4 billion and accounts for $127.4 billion. The Army increased by $9.7 billion and totaled $106.7 billion. The Air Force gained $6.6 billion and totaled $83.7 billion.

The BGOV200 ranks government contractors based on prime, unclassified government contracts in fiscal 2019.

These are the top 10 defense contractors on this year’s BGOV200:

  • 1. Lockheed Martin Corp.

  • 2. Boeing Co.

  • 3. General Dynamics Corp.

  • 4. Raytheon Co.

  • 5. Northrop Grumman Corp

  • 6. United Technologies Corp.

  • 7. Huntington Ingalls Industries Inc.

  • 8. Humana Inc.

  • 9. Harris Corp.

  • 10. BAE Systems Plc

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