TOP MILITARY CONTRACTORS’ REVENUE AND TAX BREAKS

In case you were wondering, here are the top military contractors’ revenue and their corresponding subsidies for 2014 & 2015.

Surprisingly, in both 2014 & 2015, the individual subsidies are smaller than you might think; Boeing, Northrup Grumman and Lockheed-Martin are the only ones over the billion-dollar mark, which skews the total for the rest.

When you combine subsidies and loans/bailouts, General Dynamics tops the billion-dollar mark.

If the companies are diversified, like Boeing, then the subsidies represent the company’s overall business, which is more than just the Defense industry.

TOP MILITARY CONTRACTORS   
TOP 20 DEFENSE CONTRACTORS, 2014Source: Defense Systems Source: Good Jobs First - click on amount
RankTop Defense Companies
Defense Revenue 
(Fiscal 2013)
Subsidy Value (State/Local/Federal & Loans/Bailouts) over a number of years
1Lockheed Martin Corp.$10.402 billion$1,242,055,102 & $1,401,316,037
2Northrop Grumman Corp.$5.873 billion$1,033,786,317 & $456,264,000
3Raytheon Co.$5.016 billion$287,152,891 & $1,423,379
4Boeing Co.$3.585 billion$14,077,219,164 & $64,423,416,582
5General Dynamics Corp.$3.150 billion$462,551,498 & $610,997,248
6Hewlett Packard Co.$2.593 billion $1,196,418
7 DynCorp International Llc
$2.485 billionNot available
8Leidos Inc.$2.426 billion $2,426,906 & $20,511,523
9Booz Allen Hamilton$2.126 billion$165,844
10Fluor Corp.$2.079 billion$5,347,436 & $250,000,000
11L-3 Communications Corp.$1.600 billion$41,446,787 & $17,028,270
12ManTech International Corp.$1.501 billion $23,379,633
13CACI International Inc.$1.491 billion $770,939
14Computer Sciences Corp.$1.426 billion $64,696,225
15Exelis Inc.$1.350 billion $95,416
16BAE Systems Inc.$1.255 billion$260,099,106
17Harris Corp.$1.221 billion $80,476,616 & $32,148,472
18Science Applications International Corp. (SAIC)$1.155 billion $77,111,252
19United Technologies Corp.$962 million $866,504,922 & $46,018,294
20Jacobs Engineering Group Inc.$837 million$225,677
Total$52.533 billion$82,523,836,342 ($82.52 billion)
TOP 10 U.S. DEFENSE CONTRACTORS (2015)Source: 24/7 Wall Street Source: Good Jobs First - click on amount
CompanyRevenueSubsidy Value (State/Local/Federal & Loans/Bailouts) over a number of years
Lockheed Martin Corp$40.13 billion$1,242,055,102 & $1,401,316,037
Boeing Co$29 billion $14,077,219,164 & $64,423,416,582
BAE Systems Inc.$25.45 billion $260,099,106
Raytheon Co.$22.23 billion $287,152,891 & $1,423,379
General Dynamics$18.56 billion $462,551,498 & $610,997,248
Northrop Grumman Corp$18.4 billion $1,033,786,317 & $456,264,000
Airbus Group$14.6 billion $159,235,137
United Technologies Corp$13.02 billion $866,504,922 & $46,018,294
Finmeccanica$10.56 billion $36,767,607 & $155,995,218
L-3 Communications Inc$9.81 billion $41,446,787 & $17,028,270
Total$201.76 billion$83,758,627,279 ($83.75 billion)

 

If you are interested a monthly list of DOD Funding Priorities by Christian Sorensen, you can find it at Sibel Edmonds’ site Boiling Frog Posts.  Every month, DOD contracts range in the billions of dollars.  For June 2016, the DOD spent $25,448,646,000+ on 292 individual contracts.

 


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