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      FACT SHEET

      Prepared by the Center for Defense Information
      Ph: (202) 332-0600/Fax: (202) 462-4559

      Christopher Hellman, Senior Analyst

      July 15, 1999

      Top 15 U.S. Defense Contractors of FY'98


      Company,
      Headquarters      		 DoD Contract Value for FY'98 in $ millions (% of DoD total contracts) Major
      Weapons      		 Plant
      Locations
      1. Lockheed Martin Corp.1
      Bethesda, MD      		 $12,341
      (10.4%)      		 F-16, AH-64 Apache, Trident and Hellfire missiles Fort Worth, TX
      Marietta, GA
      2. Boeing Company, Inc.2
      St. Louis, MO      		 $10,866
      (9.2%)      		 F/A-18, F-15, V-22 Osprey, RAH-66 Comanche, C-17 St. Louis, MO
      Long Beach, CA
      3. Raytheon Company, Inc.
      Lexington, MA      		 $5,661
      (4.8%)      		 Patriot, AMRAAM, Hawk Missiles Andover, MA
      Tucson, AZ
      4. General Dynamics3,4,5
      Falls Church, VA      		 $3,680
      (3.1%)      		 Nuclear Submarines, DDG-51 Destroyer Groton, CT
      Sterling Hgts., MI
      5. Northrop Grumman1
      Los Angeles, CA      		 $2,691
      (2.3%)      		 B-2 Bomber, F-15, F/A-18 Pico Rivera, CA
      Bathpage, NY
      6. United Technologies
      Hartford, CT      		 $1,983
      (1.7%)      		 aircraft and helicopter engines, UH-60, C-17 Stratford, CT
      W. Palm Beach, FL
      7. Textron, Inc.
      Providence, RI      		 $1,838
      (1.6%)      		 V-22 Osprey, tank engines, helicopters Fort Worth, TX
      8. Litton Industries, Inc.7
      Beverly Hills, CA      		 $1,644
      (1.4%)      		 DDG-51 destroyers, LHD amphibious assault ship Pascagoula, MS
      Orlando, FL
      9. Newport News Shipbuilding 5,6,7 $1,547
      (1.3%)      		 nuclear aircraft carriers and submarines Newport News, VA
      10. TRW Inc.
      Cleveland, OH      		 $1,348
      (1.2%)      		 Electronic systems and support Redondo Beach, CA
      11. The Carlyle Group
      Washington, D.C.      		 $1,329
      (1.1%)      		 Bradley Fighting Vehicle, Crusader Artillery system Minneapolis, MN
      12. Science Applications Int'l
      San Diego, CA      		 $1,224
      (1.0%)      		 Programmic, logistical and technical support McLean, VA
      13. General Electric
      Fairfield, CT      		 $1,161
      (1.0%)      		 aircraft and helicopter engines Cincinnati, OH
      Lynn, MA
      14. Humana, Inc.
      Louisville, KY      		 $867
      (0.8%)      		 military healthcare services
      15. GTE Corporation
      Dallas, TX      		 $787
      (0.7%)      		 communications and information services Needham, MA

      Total for the Top 15: $49.0 billion
      Total DoD contracts: $118.1 billion (contracts valued at over $25,000)
      The Top 15 Contractors account for 41% of all DoD Contracts

      NOTES:

      1. Lockheed Martin announced it was dropping plans to acquire Northrop Grumman in July, 1998 as the result of a decision by the Justice Department to challenge the proposed merger.
      2. Boeing Corporation acquired McDonnell-Douglas in July, 1997.
      3. General Dynamics acquired Bath Ironworks in September, 1995.
      4. General Dynamics acquired National Steel and Shipbuilding Company in November, 1998.
      5. General Dynamics announced its plans to merge with Newport News Shipbuilding in February, 1999. The plans was dropped in April, 1999 due to opposition by the Defense Department.
      6. Newport News's plan to acquire Avondale Industries was approved by the government in February, 1999.
      7. Litton announced its plan to acquire Newport News and Avondale Industries in May, 1999. In June Litton announced that it would drop its plans to acquire Newport News due to DoD opposition but would move forward with plans to acquire Avondale.


      For more information, e-mail Christopher Hellman.

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