Top 10 Defense Contractors

Going Above and Beyond the Call of Duty

Government contractors doing work with the Department of Defense were able to leverage an increase of $40.5 billion in DOD spending from fiscal 2017 to 2018.

Consistent with recent years, most of the market-moving companies in fiscal 2018 relied on spending in certain categories, such as weapons and ammunition – which increased by 39.5% in fiscal 2018 to $28.8 billion from $20 billion in fiscal 2017 – to either improve or retain their rankings. These top 10 defense contractors have held their ranks over the years by winning large defense contracts.

* These numbers are based on prime, unclassified government contracts in fiscal 2018.

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Rank
Change
Company
Obligations
1
Lockheed Martin
$38.4B
2
Lockheed Martin
$27.4B
3

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1

Raytheon Co.
$17.5B
4

1

General Dynamics Corp.
$14.9B
5
Northrop Grumman
$12.4B
6

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7

United Technologies
$7.7B
7

1

Huntington Ingalls
$7.1B
8

1

BAE Systems
$6.9B
9

1

Humana Inc.
$5.4B
10

2

L3 Technologies Inc.
$4.3B
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