Defense contractor
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A defense contractor (sometimes called a military contractor) is a business organization or individual that provides products or services to a defense department of a government. Products typically include military aircraft, ships, vehicles, weaponry, and electronic systems. Services can include logistics, technical and training (e.g., warfare simulation), and communications support.
Defense contractors do not generally provide direct support of military operations. Under 1949 Geneva Conventions defense contractors engaged in direct support of military operations may be legitimate targets of military attack. Compare to Private military contractor.
| Top 10 World-Wide Defense Contractors, 2005 | |||||
| Rank | Name | Country | 2004 Rank | (US$ million) | % of total revenue |
|---|---|---|---|---|---|
| 1 | Lockheed Martin | U.S. | 1 | 34,050 | 95.8 |
| 2 | Boeing | U.S. | 2 | 30,464 | 58.1 |
| 3 | Northrop Grumman | U.S. | 3 | 22,126 | 74.0 |
| BAE Systems | U.K. | 4 | 20,345 | 80.0 | |
| 5 | Raytheon | U.S. | 5 | 18,771 | 92.7 |
| 6 | General Dynamics | U.S. | 6 | 15,000 | 78.2 |
| 7 | EADS | Netherlands | 8 | 10,506 | 24.2 |
| 8 | Honeywell | U.S. | 12 | 10,240 | 40.0 |
| 9 | Thales | France | 7 | 8,869 | 63.1 |
| 10 | Halliburton | U.S. | 16 | 8,000 | 39.1 |
| Source: [www.defensenews.com] | |||||
- ↑ The comma is used in the North American sense; e.g. Lockheed Martin defense revenues are just over $34 billion, or $34,050,000,000.
- ↑ Adding BAE's 2004 revenue with that of UDI (the purchase of this company has been completed) gives a revenue total of $22,636.8 million, which would place it third.
- ↑ Incorporated in Netherlands, but maintains headquarters in France and Germany
- ↑ DoD contract awards only
See also
External links
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