The U.S. Department of Defense announced Feb. 5 that the fiscal year 1998 report of "100 Companies Receiving the Largest Dollar Volume of Prime Contract Awards (Top 100)" is now available.
According to the new report, the top 10 Defense contractors for fiscal 98 were (in billions of US dollars) :
1.Lockheed Martin Corp. 12.3 2. The Boeing Co. 10.9 3. Raytheon Corp. 5.7 4. General Dynamics Corp. 3.7 5. Northrop Grumman Corp. 2.7 6. United Technologies Corp. 2.0 7. Textron Inc. 1.8 8. Litton Industries Inc. 1.6 9. Newport News Shipbuilding Inc. 1.5 10. TRW Inc. 1.3
In fiscal 98, DoD prime contract awards totaled USD118.1 billion, USD1.4 billion more than in fiscal 97.
The Department also announced today that the report of "100 Contractors Receiving the Largest Dollar Volume of Prime Contract Awards for Research, Development, Test, and Evaluation (Top 100 RDT&E)" was also released.
The top 10 DoD RDT&E contractors in fiscal 98 were (in billions of US dollars) :
1.Lockheed Martin Corp. USD4.8 2. The Boeing Co. 2.1 3. Raytheon Corp. 1.1 4. Northrop Grumman Corp. 0.9 5. General Dynamics Corp. 0.7 6. TRW Inc. 0.6 7. Textron Inc. 0.5 8. The Mitre Corp. 0.4 9. The Carlyle Group 0.382 10. Massachusetts Institute of Technology 0.369
