1999 Top 100 Contractors Report Released - defense contracts - Brief Article

Program Manager, March, 2000

The Department of Defense announced today [Feb. 15, 2000] that the fiscal year 1999 report of "100 Companies Receiving the Largest Dollar Volume of Prime Contract Awards (Top 100)" is now available on the World Wide Web. The Web site address for locating this publication and other DoD contract statistics is:

http://web1.whs.osd.mil/peidhome/procstat/p01/fy1999/top100.htm

According to the new report, the top 10 defense contractors for Fiscal 1999 were:

                               ($ in billions)
 1. Lockheed Martin Corp.            2.7
 2. The Boeing Co.                  11.6
 3. Raytheon Corp.                   6.4
 4. General Dynamics Corp.           4.6
 5. Northrop Grumman Corp.           3.2
 6. United Technologies Corp.        2.4
 7. Litton Industries Inc.           2.1
 8. General Electric Co.             1.7
 9. TRW Inc.                         1.4
10. Textron Inc.                     1.4

In fiscal 1999, DoD prime contract awards totaled $125 billion; $6.9 billion more than in fiscal 1998.

Editor's Note: This information, published by the Office of the Assistant Secretary of Defense (Public Affairs), is in the public domain at http://www.defenselink.mil/news on the Internet.