TOP 50 PENTAGON CONTRACTORS  
  By Annual Spending          
          Annual Spending  
Rank Defense Contractor     1998 2000 2002 Change
2002         ($ 000s) ($ 000s) ($ 000s) 02/00
- - - - - - - - -
1 LOCKHEED MARTIN CORPORATION $12,341,236 $15,125,846 $16,997,272 12%
2 BOEING COMPANY, THE INC   $10,865,899 $12,041,420 $16,551,756 37%
3 NORTHROP GRUMMAN CORPORATION $2,690,742 $3,079,615 $8,732,668 184%
4 RAYTHEON       $5,661,161 $6,330,613 $6,995,085 10%
5 GENERAL DYNAMICS CORPORATION $3,679,867 $4,195,923 $6,962,131 66%
6 UNITED TECHNOLOGIES CORPORATION $1,983,147 $2,071,536 $3,607,184 74%
7 SCIENCE APPLICATIONS INTERNATIONAL $1,223,978 $1,522,077 $2,074,920 36%
8 TRW INC       $1,347,903 $2,004,857 $2,026,546 1%
9 HEALTH NET INC     N/A $550,580 $1,691,430 207%
10 L-3 COMMUNICATIONS HOLDING N/A $377,662 $1,660,048 340%
11 GENERAL ELECTRIC COMPANY INC   $1,161,392 $1,609,329 $1,559,979 -3%
12 UNITED DEFENSE INDUSTRIES, INC       $1,514,163  
13 DYNCORP       $537,330 $771,235 $1,359,408 76%
14 HUMANA INC           $1,304,691  
15 HONEYWELL INTERNATIONAL INC   N/A $951,255 $1,278,370 34%
16 B A E SYSTEMS PLC         $1,115,608  
17 BECHTEL GROUP, INC     N/A $694,717 $1,029,712 48%
18 ITT INDUSTRIES, INC     $780,794 $553,972 $994,167 79%
19 TEXTRON INC     $1,837,815 $1,164,465 $908,785 -22%
20 TRIWEST HEALTHCARE ALLIANCE CO. $419,973 $335,878 $823,741 145%
21 COMPUTER SCIENCES CORPORATION $646,655 $1,164,634 $807,671 -31%
22 URS CORPORATION         $800,825  
23 BOOZ ALLEN & HAMILTON INC   $311,704 $419,576 $687,553 64%
24 GM GDLS DEFENSE GROUP LLC, JV       $678,307  
25 ALLIANT TECHSYSTEMS INC   $316,569 $470,397 $674,013 43%
26 BOEING SIKORSKY COMANCHE TEAM N/A $384,751 $661,832 72%
27 CARDINAL HEALTH, INC         $649,582  
28 NORTH AMERICAN AIRLINES       $622,199  
29 OSHKOSH TRUCK CORP     N/A $372,526 $601,664 62%
30 EXXON MOBIL CORPORATION   N/A $324,816 $570,877 76%
31 N.V. KONINKLIJKE NEDERLANDSCHE     $539,104  
32 VERITAS CAPITAL MANAGEMENT LLC     $521,866  
33 WASHINGTON GROUP INTERNATIONAL     $505,916  
34 DELL COMPUTER CORPORATION       $504,969  
35 TITAN CORPORATION, THE       $501,630  
36 JACOBS ENGINEERING GROUP INC   N/A $387,343 $486,024 25%
37 HALLIBURTON COMPANY (INC)   $285,623 $595,070 $483,670 -19%
38 MITRE CORPORATION, THE   $394,233 $409,217 $474,294 16%
39 AEROSPACE CORPORATION, THE   $339,055 $334,194 $473,061 42%
40 ELECTRONIC DATA SYSTEMS CORP $260,804 $329,554 $468,395 42%
41 STEWART & STEVENSON SERVICES N/A $424,051 $439,939 4%
42 JOHNSON CONTROLS, INC       $434,210  
43 LONGBOW LIMITED LIABILITY CORP   $331,067 $468,091 $411,099 -12%
44 WORLDCOM, INC         $403,530  
45 JAVELIN JOINT VENTURE       $401,438  
46 GOVERNMENT OF CANADA   N/A $676,881 $394,578 -42%
47 FEDEX CORP       N/A $452,385 $385,781 -15%
48 HARRIS CORPORATION         $381,477  
49 INTERNATIONAL BUSINESS MACHINES     $379,892  
50 JOHNS HOPKINS UNIVERSITY INC   $305,842 $351,776 $370,571 5%
                 
                 
  TOTAL TOP 50     $47,722,789 $60,946,242 $94,903,634 56%
  Percent of total defense budget   16% 21%    
                 
  LEGEND: IT companies Non-industrial suppliers Non-U.S. suppliers New in 2002
                 
  Source: Annex Research (based on DOD data)