Company List. Northrop is a leader in military radars and sensors and became a major force in space in 2018 when it bought Orbital ATK for $9.2 billion. A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government. Company Name. Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. The USS Gerald R. Ford, one of a long line of carriers born at Huntington Ingalls' Newport News facility. Defense Primes 10-Year Total Return vs. S&P 500 data by YCharts . When not arguing on Twitter or writing about the markets, Lou spends his free time out in nature, complaining online about the Baltimore Orioles or Watford FC, or listening to early 1990s alt rock. Combined, more than 65% of sales come from prime contracts, with the rest from subcontracting work. Leidos is best known for its defense and intelligence work, but it has also built a civil agency business focused on modernizing government IT systems and a health division working on securing medical data. The list provided by the SIPRI excludes companies based in China. It is a major producer of missiles and missile defense systems, has a dominant helicopter franchise, and has a broad catalog of space and airplane products. But in an industry that requires massive specialized manufacturing skills, access to clearances, and strong relationships with government buyers, size does matter. The publicly traded firm has a market capitalization of more than $15 billion as of Wednesday’s close. The information is based on a list published by the Stockholm International Peace Research Institute for 2018. Let's conquer your financial goals together...faster. The company is a major vendor to the defense and intelligence communities, which at times can create bad headlines. David Choi. The primes, so called because they mostly deal directly with the government instead of serving as subcontractors to other companies, have streamlined to become highly focused specialists competing for multibillion-dollar contract awards. These companies compete on price and speed. In recent years, Boeing has emerged as a leader in autonomous systems as well. The largest defense contractor by revenue is Lockheed Martin, with more than $56 billion in annual sales. Unlike many of the larger defense contractors on this list, Huntington Ingalls focuses entirely on aquatic military products. The fund invests 90% … Image source: Raytheon. That's unlikely to change, since the company tries to position itself as a hybrid consulting/IT business able to extract higher margins on work because of its ability to offer greater technical analysis than its rivals. See you at the top! SAIC, short for Science Applications International Corporation, is one of the oldest names in the government services business, founded in the 1960s and originally conceived as a science shop working under government contract on nuclear power and weapons studies. It also manufactures several weapons, including serving as the lead on the Minuteman intercontinental ballistic missile, and is in the running for the eventual Minuteman replacement. The company has spent most of the decade in the shadows of Leidos and Booz Allen, but with the Engility deal, it is attempting to break out and establish itself as more of a peer. One way to invest in the business of the U.S. military is by buying stock in the publicly traded companies that contract with the government to build the materials and supplies used by American armed forces. Invesco Aerospace & Defense ETF (NYSEArca: PPA) The fund seeks to replicate the yield and price of the SPADE Defense Index. Before we take a detailed look at specific companies, it's important for investors to know a few basics about the defense industry. That being said, shares are pricey at the moment and we rate the stock as a hold. The company, carved out of Northrop Grumman in 2011, stands alongside General Dynamics as one of the two primary shipbuilders for the U.S. government. INN takes a look at the year-to-date gains of the 10 largest US defense contractors on the NYSE based on defense revenues. Booz Allen has had a rocky history, including being the employer of NSA leaker Edward Snowden and of Harold Thomas Martin III, who was accused in 2016 of theft of government property and the removal of classified documents. The U.S. government spends more than $700 billion annually on defense, as well as billions more on intelligence and civil agencies that manage IT networks and consulting services. Fintel currently tracks over 9500 funds and over 63,000 securities traded worldwide. Northrop Grumman was almost sold in the late 1990s, with the deal eventually blocked by regulators as anticompetitive. To date, these moves have not yet paid dividends for shareholders, but GD's tendency to move against conventional wisdom in the industry makes it one to watch among the contractors. But that's still enough to place the company among the largest defense contractors. Harris focused on battlefield management systems, aircraft communications, and classified space work, while L3 specialized in sensors, night-vision equipment, and unmanned technology. Image source: Huntington Ingalls. It has numerous drone wins, including a new Navy tanker aircraft, and surprised markets when it unveiled a "wingman" concept: an unmanned drone designed to fly alongside piloted aircraft to provide greater firepower and to overwhelm enemy defenses. Most have at least two areas of emphasis, be it warplanes and missiles or ships and tanks, so they are not overly reliant on any one contract. List / Directory of Corporations focusing on Aerospace, Defense, Homeland Security, Intelligence, IT, Systems Integration, and Outsourcing: by areas of operation, capabilities, corporate evolution, and noteworthy subsidiaries. List of The Top 10 ASX Listed Aerospace And Defense Companies in Australia. The Top 100 Contractors Report is a list developed annually by the U.S. General Services Administration as part of its tracking of U.S. federal government procurement.. Some defense contractors emerged to fill the needs of European powers jockeying against one another in the race to colonize the world, among them Remington Arms Company, Colt, and the Naval Group. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Working together, the two companies should be able to open doors for each other and sell additional products to existing companies. If the Navy wants an aircraft carrier, it only has one place to turn. Security contractors do not generally provide direct support of military operations. Please note that the list may not contain newly issued ETFs. Sector. Top 52 publicly traded contractors For the energy sector, Exxon Mobil is the biggest contractor with almost $800 million in petroleum contracts, mostly for the Defense Logistics Agency. In that area, Lockheed Martin appears to be the leader. This has helped the company to carve out a niche business for itself. L3Harris Technologies (L3Harris) is an American technology company, defense contractor and information technology services provider that produces C6ISR systems and products, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, and both terrestrial and spaceborne antennas for use in the government, defense, and commercial sectors. Our data includes major income statement items (revenue and net profit) and balance sheet items such as assets, equity, cash, debt, inventories, PPE, and working capital (current assets minus current liabilities). GD is also the owner of Gulfstream, one of the world's largest manufacturers of business jets. The F-35A Joint Strike Fighter. Booz Allen Hamilton’s areas of service include engineering, management consulting and technology, but it also operates as a defense contractor. Here’s a look at some of the companies that represent major defense contractors. Source: Yahoo! Edwin G. Booz, James L. Allen and Carl L. Hamilton founded the firm in 1914, and fast-forward to 2012 and its revenue reached $5.859 billion. Acquire or Expire: Publicly Traded Defense Contractors, Financial Markets, and Consolidation in the U.S. Defense Industry. Here's a look at some of the biggest names in both the defense equipment and government services sectors. Combined, L3Harris Technologies figures to eventually get the attention they deserve. Biggest doesn't always mean best, and simply buying the biggest names in the defense industry is no way to invest. Both L3 and Harris had been making progress on their own, pushing to increase the amount of business they do directly with the Pentagon instead of serving as subcontractors. As one might expect, much of Boeing's defense portfolio is aviation based. This is an industry comprised of a handful of massive companies that deal directly with the government, or primes, which lead the design and manufacturing effort for new equipment, and a large number of smaller companies that supply components or specific services largely as subcontractors on bigger projects. While Leidos -- and most of the government services sector -- has spent the last decade consolidating, Booz Allen Hamilton has largely gone it alone. Huntington Ingalls is the rare specialist among defense giants. The company is working with the Navy on a 132-foot autonomous ship, supplying the brains and electronics while outsourcing manufacturing. In fiscal year 2005, the federal government aimed to source 23% of all subcontracts from small businesses with guidance from the Small Business Administration. There is some overlap, but following a period of intense consolidation during the 1990s, most of the large contractors are a blend of diversity and specialization. We categorize ETFs by many asset classes, styles, industries and more. That's a business that has failed to recover from the 2008-2009 recession, eating into results and making General Dynamics an underperformer relative to more defense-focused peers. ", https://www.sipri.org/sites/default/files/2018-12/fs_arms_industry_2017_0.pdf, The British Library - finding information on the defence industry, Private Security Transnational Enterprises in Colombia, Private Security Contractors at War: Ending the Culture of Impunity (2008), https://en.wikipedia.org/w/index.php?title=List_of_defense_contractors&oldid=987838207, Creative Commons Attribution-ShareAlike License, This page was last edited on 9 November 2020, at 15:12. Image source: Lockheed Martin. Market data powered by FactSet and Web Financial Group. Boeing is best known for its commercial jet empire, and indeed defense makes up less than one-quarter of total sales. The company is also spreading its wings beyond aviation, winning a bid to build an autonomous submarine for the Navy. These corporations offer services ovelapping private security and private military service provision. It's the large, prime contractors that get most of the attention from investors, and rightly so. Defense Primes 10-Year Total Return vs. S&P 500 data by YCharts. It's difficult for even a commercial tech company to make inroads at the Pentagon, as Microsoft, Alphabet, and Amazon have discovered. News; Companies; Insiders; Investors; Trend; Activists; Ownership; Member Companies. The world isn't getting any safer, and the government's appetite for the products these companies sell is unlikely to dry up any time soon. While Lockheed makes the current-generation fighters and Northrop won the deal for the new bomber, Boeing has an extensive portfolio of planes and helicopters in service, including the F/A-18 Super Hornet, the F-15 fighter, the Apache helicopter, and a number of surveillance and support aircraft. [1] Contractors have assumed a much larger on-the-ground presence during American conflicts: during the 1991 Gulf War the ratio of uniformed military to contractors was about 50 to 1, while during the first four years of the Iraq War the U.S. hired over 190,000 contractors, surpassing the total American military presence even during the 2007 Iraq surge and 23 times greater than other allied military personnel numbers. Charles W. Mahoney Department of Political Science, California State University, Long Beach, CA, USA Correspondence Charles.Mahoney@csulb.edu. Latest news and information on the business of delivering technology and services to government including government contractors, the integrator community, technology case … In the United States, defense contracting has taken an increasingly larger role. It's never wise to prioritize growing for the sake of size, but in the government services sector, scale is vitally important. The company has also aggressively marketed its expertise to the private sector, offering cybersecurity products and services to the Fortune 500 and advising clients in the health and financial services industries. If you’re looking for a more simplified way to browse and compare ETFs, you may want to visit our ETFdb.com Categories , which categorize every ETF in a single “best fit” category. In recent years, Northrop Grumman has found a clear mission and is evolving into an air and space defense powerhouse. We ranked the Top 100 government contractors based on sales related to IT products and services, systems integration, telecommunications, professional services and engineering services. Leidos is the largest pure-play government services firm, formed out of a spinoff from SAIC in 2012 and expanded via a 2016 purchase of Lockheed Martin's IT business. But the company has been an underperformer in recent years for reasons that have nothing to do with defense. Lockheed Martin is the world's largest pure-play defense contractor, and the company has been winning more than its fair share of work in all of the areas where it competes. The B-21 is an $80 billion program over its life span, and Northrop has shown an interest in reviving its fighter manufacturing expertise and competing for additional aircraft orders. Lockheed Martin is also the prime contractor responsible for the F-35 Joint Strike Fighter, which is expected to generate more than $1 trillion in sales over the course of its life cycle and was recently behind the largest military procurement in world history. This is a list of the world's 50 largest arms manufacturers and other military service companies, along with their countries of origin. Publicly Traded General Building Contractors-nonresidential Companies - SIC Code 154. This is a list of the world's 50 largest arms manufacturers and other military service companies, along with their countries of origin. Game Theory Exam, Applications Of Binary Search, Go Green Day Essay Article, How To Remove Moisture From Subfloor, Adopt An Animal Australia, Camarillo Airport Cafe, " /> Company List. Northrop is a leader in military radars and sensors and became a major force in space in 2018 when it bought Orbital ATK for $9.2 billion. A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government. Company Name. Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. The USS Gerald R. Ford, one of a long line of carriers born at Huntington Ingalls' Newport News facility. Defense Primes 10-Year Total Return vs. S&P 500 data by YCharts . When not arguing on Twitter or writing about the markets, Lou spends his free time out in nature, complaining online about the Baltimore Orioles or Watford FC, or listening to early 1990s alt rock. Combined, more than 65% of sales come from prime contracts, with the rest from subcontracting work. Leidos is best known for its defense and intelligence work, but it has also built a civil agency business focused on modernizing government IT systems and a health division working on securing medical data. The list provided by the SIPRI excludes companies based in China. It is a major producer of missiles and missile defense systems, has a dominant helicopter franchise, and has a broad catalog of space and airplane products. But in an industry that requires massive specialized manufacturing skills, access to clearances, and strong relationships with government buyers, size does matter. The publicly traded firm has a market capitalization of more than $15 billion as of Wednesday’s close. The information is based on a list published by the Stockholm International Peace Research Institute for 2018. Let's conquer your financial goals together...faster. The company is a major vendor to the defense and intelligence communities, which at times can create bad headlines. David Choi. The primes, so called because they mostly deal directly with the government instead of serving as subcontractors to other companies, have streamlined to become highly focused specialists competing for multibillion-dollar contract awards. These companies compete on price and speed. In recent years, Boeing has emerged as a leader in autonomous systems as well. The largest defense contractor by revenue is Lockheed Martin, with more than $56 billion in annual sales. Unlike many of the larger defense contractors on this list, Huntington Ingalls focuses entirely on aquatic military products. The fund invests 90% … Image source: Raytheon. That's unlikely to change, since the company tries to position itself as a hybrid consulting/IT business able to extract higher margins on work because of its ability to offer greater technical analysis than its rivals. See you at the top! SAIC, short for Science Applications International Corporation, is one of the oldest names in the government services business, founded in the 1960s and originally conceived as a science shop working under government contract on nuclear power and weapons studies. It also manufactures several weapons, including serving as the lead on the Minuteman intercontinental ballistic missile, and is in the running for the eventual Minuteman replacement. The company has spent most of the decade in the shadows of Leidos and Booz Allen, but with the Engility deal, it is attempting to break out and establish itself as more of a peer. One way to invest in the business of the U.S. military is by buying stock in the publicly traded companies that contract with the government to build the materials and supplies used by American armed forces. Invesco Aerospace & Defense ETF (NYSEArca: PPA) The fund seeks to replicate the yield and price of the SPADE Defense Index. Before we take a detailed look at specific companies, it's important for investors to know a few basics about the defense industry. That being said, shares are pricey at the moment and we rate the stock as a hold. The company, carved out of Northrop Grumman in 2011, stands alongside General Dynamics as one of the two primary shipbuilders for the U.S. government. INN takes a look at the year-to-date gains of the 10 largest US defense contractors on the NYSE based on defense revenues. Booz Allen has had a rocky history, including being the employer of NSA leaker Edward Snowden and of Harold Thomas Martin III, who was accused in 2016 of theft of government property and the removal of classified documents. The U.S. government spends more than $700 billion annually on defense, as well as billions more on intelligence and civil agencies that manage IT networks and consulting services. Fintel currently tracks over 9500 funds and over 63,000 securities traded worldwide. Northrop Grumman was almost sold in the late 1990s, with the deal eventually blocked by regulators as anticompetitive. To date, these moves have not yet paid dividends for shareholders, but GD's tendency to move against conventional wisdom in the industry makes it one to watch among the contractors. But that's still enough to place the company among the largest defense contractors. Harris focused on battlefield management systems, aircraft communications, and classified space work, while L3 specialized in sensors, night-vision equipment, and unmanned technology. Image source: Huntington Ingalls. It has numerous drone wins, including a new Navy tanker aircraft, and surprised markets when it unveiled a "wingman" concept: an unmanned drone designed to fly alongside piloted aircraft to provide greater firepower and to overwhelm enemy defenses. Most have at least two areas of emphasis, be it warplanes and missiles or ships and tanks, so they are not overly reliant on any one contract. List / Directory of Corporations focusing on Aerospace, Defense, Homeland Security, Intelligence, IT, Systems Integration, and Outsourcing: by areas of operation, capabilities, corporate evolution, and noteworthy subsidiaries. List of The Top 10 ASX Listed Aerospace And Defense Companies in Australia. The Top 100 Contractors Report is a list developed annually by the U.S. General Services Administration as part of its tracking of U.S. federal government procurement.. Some defense contractors emerged to fill the needs of European powers jockeying against one another in the race to colonize the world, among them Remington Arms Company, Colt, and the Naval Group. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Working together, the two companies should be able to open doors for each other and sell additional products to existing companies. If the Navy wants an aircraft carrier, it only has one place to turn. Security contractors do not generally provide direct support of military operations. Please note that the list may not contain newly issued ETFs. Sector. Top 52 publicly traded contractors For the energy sector, Exxon Mobil is the biggest contractor with almost $800 million in petroleum contracts, mostly for the Defense Logistics Agency. In that area, Lockheed Martin appears to be the leader. This has helped the company to carve out a niche business for itself. L3Harris Technologies (L3Harris) is an American technology company, defense contractor and information technology services provider that produces C6ISR systems and products, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, and both terrestrial and spaceborne antennas for use in the government, defense, and commercial sectors. Our data includes major income statement items (revenue and net profit) and balance sheet items such as assets, equity, cash, debt, inventories, PPE, and working capital (current assets minus current liabilities). GD is also the owner of Gulfstream, one of the world's largest manufacturers of business jets. The F-35A Joint Strike Fighter. Booz Allen Hamilton’s areas of service include engineering, management consulting and technology, but it also operates as a defense contractor. Here’s a look at some of the companies that represent major defense contractors. Source: Yahoo! Edwin G. Booz, James L. Allen and Carl L. Hamilton founded the firm in 1914, and fast-forward to 2012 and its revenue reached $5.859 billion. Acquire or Expire: Publicly Traded Defense Contractors, Financial Markets, and Consolidation in the U.S. Defense Industry. Here's a look at some of the biggest names in both the defense equipment and government services sectors. Combined, L3Harris Technologies figures to eventually get the attention they deserve. Biggest doesn't always mean best, and simply buying the biggest names in the defense industry is no way to invest. Both L3 and Harris had been making progress on their own, pushing to increase the amount of business they do directly with the Pentagon instead of serving as subcontractors. As one might expect, much of Boeing's defense portfolio is aviation based. This is an industry comprised of a handful of massive companies that deal directly with the government, or primes, which lead the design and manufacturing effort for new equipment, and a large number of smaller companies that supply components or specific services largely as subcontractors on bigger projects. While Leidos -- and most of the government services sector -- has spent the last decade consolidating, Booz Allen Hamilton has largely gone it alone. Huntington Ingalls is the rare specialist among defense giants. The company is working with the Navy on a 132-foot autonomous ship, supplying the brains and electronics while outsourcing manufacturing. In fiscal year 2005, the federal government aimed to source 23% of all subcontracts from small businesses with guidance from the Small Business Administration. There is some overlap, but following a period of intense consolidation during the 1990s, most of the large contractors are a blend of diversity and specialization. We categorize ETFs by many asset classes, styles, industries and more. That's a business that has failed to recover from the 2008-2009 recession, eating into results and making General Dynamics an underperformer relative to more defense-focused peers. ", https://www.sipri.org/sites/default/files/2018-12/fs_arms_industry_2017_0.pdf, The British Library - finding information on the defence industry, Private Security Transnational Enterprises in Colombia, Private Security Contractors at War: Ending the Culture of Impunity (2008), https://en.wikipedia.org/w/index.php?title=List_of_defense_contractors&oldid=987838207, Creative Commons Attribution-ShareAlike License, This page was last edited on 9 November 2020, at 15:12. Image source: Lockheed Martin. Market data powered by FactSet and Web Financial Group. Boeing is best known for its commercial jet empire, and indeed defense makes up less than one-quarter of total sales. The company is also spreading its wings beyond aviation, winning a bid to build an autonomous submarine for the Navy. These corporations offer services ovelapping private security and private military service provision. It's the large, prime contractors that get most of the attention from investors, and rightly so. Defense Primes 10-Year Total Return vs. S&P 500 data by YCharts. It's difficult for even a commercial tech company to make inroads at the Pentagon, as Microsoft, Alphabet, and Amazon have discovered. News; Companies; Insiders; Investors; Trend; Activists; Ownership; Member Companies. The world isn't getting any safer, and the government's appetite for the products these companies sell is unlikely to dry up any time soon. While Lockheed makes the current-generation fighters and Northrop won the deal for the new bomber, Boeing has an extensive portfolio of planes and helicopters in service, including the F/A-18 Super Hornet, the F-15 fighter, the Apache helicopter, and a number of surveillance and support aircraft. [1] Contractors have assumed a much larger on-the-ground presence during American conflicts: during the 1991 Gulf War the ratio of uniformed military to contractors was about 50 to 1, while during the first four years of the Iraq War the U.S. hired over 190,000 contractors, surpassing the total American military presence even during the 2007 Iraq surge and 23 times greater than other allied military personnel numbers. Charles W. Mahoney Department of Political Science, California State University, Long Beach, CA, USA Correspondence Charles.Mahoney@csulb.edu. Latest news and information on the business of delivering technology and services to government including government contractors, the integrator community, technology case … In the United States, defense contracting has taken an increasingly larger role. It's never wise to prioritize growing for the sake of size, but in the government services sector, scale is vitally important. The company has also aggressively marketed its expertise to the private sector, offering cybersecurity products and services to the Fortune 500 and advising clients in the health and financial services industries. If you’re looking for a more simplified way to browse and compare ETFs, you may want to visit our ETFdb.com Categories , which categorize every ETF in a single “best fit” category. In recent years, Northrop Grumman has found a clear mission and is evolving into an air and space defense powerhouse. We ranked the Top 100 government contractors based on sales related to IT products and services, systems integration, telecommunications, professional services and engineering services. Leidos is the largest pure-play government services firm, formed out of a spinoff from SAIC in 2012 and expanded via a 2016 purchase of Lockheed Martin's IT business. But the company has been an underperformer in recent years for reasons that have nothing to do with defense. Lockheed Martin is the world's largest pure-play defense contractor, and the company has been winning more than its fair share of work in all of the areas where it competes. The B-21 is an $80 billion program over its life span, and Northrop has shown an interest in reviving its fighter manufacturing expertise and competing for additional aircraft orders. Lockheed Martin is also the prime contractor responsible for the F-35 Joint Strike Fighter, which is expected to generate more than $1 trillion in sales over the course of its life cycle and was recently behind the largest military procurement in world history. This is a list of the world's 50 largest arms manufacturers and other military service companies, along with their countries of origin. Publicly Traded General Building Contractors-nonresidential Companies - SIC Code 154. This is a list of the world's 50 largest arms manufacturers and other military service companies, along with their countries of origin. Game Theory Exam, Applications Of Binary Search, Go Green Day Essay Article, How To Remove Moisture From Subfloor, Adopt An Animal Australia, Camarillo Airport Cafe, " />

list of publicly traded defense contractors

A Raytheon Patriot missile battery launch. They can offer a mix of slow but steady growth and income to a portfolio -- and thanks to the extended time frame of government contracting, they can offer revenue predictability well into the future. Scott Tibballs – August 8, 2019. The following is a list of the Top-100 U.S. Department of Defense (DoD) Prime Contractors in Fiscal Year (FY) 2019 ranked by total contract funds awarded. Lockheed, however, is much more than just a one-hit wonder. Received 10 May 2019. L3 and Harris have been two under-the-radar gems of the defense industry. Cumulative Growth of a $10,000 Investment in Stock Advisor, Defense Primes 10-Year Total Return vs. S&P 500, largest military procurement in world history, planned combination with the aerospace arm, designed to fly alongside piloted aircraft, to build an autonomous submarine for the Navy, Copyright, Trademark and Patent Information. For the better part of a decade, L3 Technologies has been attempting to position itself as a sixth prime contractor, with only limited effect. General Dynamics is also the rare defense prime that has been increasing its services business instead of selling out of it, in 2018 spending $9.6 billion to acquire CSRA. Northrop Grumman (NOC), featured in our Portfolio Selector Focus List, is a global defense contractor with a focus on aerospace and, increasingly, electronic programs (including cybersecurity). It's hard to imagine an upstart walking in and claiming a contract to design and manufacture the next fighter jet or aircraft carrier. It’s shares are actively traded on Australian Securities Exchange (ASX). The Pentagon has also expressed concerns over the small number of shipyards and contractors capable of making advanced warships. So while investors should not buy solely based on size, they need to be aware of what it means when choosing between defense stocks. [4] The list provided by the SIPRI excludes companies based in China. Products typically include military or civilian aircraft, ships, vehicles, weaponry, and electronic systems, while services can include logistics, technical support and training, communications support, and engineering support in cooperation with the government. The U.S. trend toward lower taxes over the last few decades is putting pressure on agencies to be more efficient, in turn creating new outsourcing opportunities from departments ranging from Agriculture to Veterans Affairs. Defense stocks tend not to be highfliers like tech stocks, but they do offer predictable and stable returns and tend to move based on what is going on in Washington rather than on the cyclical movement of the economy. Lockheed Martin is the manager of the famous Skunk Works research facility in California that has produced some of the most iconic military aircraft designs, including the U-2, the SR-71, and the F-35. In 2009, the Department of Defense spent nearly $316 billion on contracts. But those clients also tend to be the sources of lucrative contracts, and Booz Allen has established itself as a vital cog in the U.S. national security establishment. Larger organizations like Leidos can spread overhead costs over a bigger base, allowing them to run more efficiently, and have an expansive roster of employees holding hard-to-get security clearances and ready to take on new products as awards are handed out. It also makes important subsystems for a number of other aircraft platforms. The Engility deal expanded its workforce with security clearance by about 50% and gave it expertise and access to a range of new intelligence and space opportunities. List of defense contractors by arm sales. Subsector Recently Listed; Company Name Stock Symbol Board Listing Date Offer Price Offer Shares Offer Amount Prospectus; Converge Information and Communications Technology Solutions, Inc. … That has changed with the company's blockbuster merger with Harris to create L3Harris Technologies. Find the best defense stocks for this year. Stockholm International Peace Research Institute, Science Applications International Corporation, List of United States defense contractors, "Price Wars Prompt Firms To Abandon Service Sector. The company's signature programs are its bombers, including the original stealth bomber and the forthcoming B-21. 10 Top US Defense Contractors. [1] The surge in spending on defense services contractors that began in 2001 came to a halt in 2009, leading to the Better Buying Power initiative of 2010.[2][3]. Information includes fund holdings, fund sentiment, financial data, and regulatory filings (including SEC, LSE, ASX, and SGX). Stock Advisor launched in February of 2002. Finance, company reports. INN’s list below only includes publicly traded companies featured on the Cybersecurity Ventures list. General Dynamics has an impressive portfolio of defense products: It serves as the U.S.'s primary supplier of tanks and heavy land vehicles and also owns a number of shipyards where destroyers and nuclear-powered submarines are manufactured. The company seemed adrift for a while after that, unsure of how to navigate on its own. Defense Stock #6: Raytheon Company Huntington Ingalls has traditionally traded at a discounted multiple to other defense primes, in part because of its reliance on one particular customer: the U.S. Navy. TheStreet Ratings publishes a daily list of top-rated stocks. In FY 2019, the DoD awarded a total of $382.6 billion in defense contracts up 6.7% from $358.5 billion in FY 2018. Revenue for trailing 12 months. Leidos is also dipping its toes into the equipment business. Company List. Its missile systems, including the Patriot defense batteries, are among the best in the world, and it provides sensors and other equipment to the intelligence community. But just as the Industrial Revolution and Colonialism spurred the first wave of defense contracting as a major business, it was the First World War that provided another surge of power to the industry. These days, much of that R&D muscle is bent toward hypersonics, or missiles and aircraft traveling at more than five times the speed of sound. The deal would combine Raytheon's defense-focused business with United's commercial aerospace-heavy operation to create a more diversified supplier less reliant on either the Pentagon or any one commercial aircraft manufacturer. The company is the owner of the massive shipyard in Newport News, Virginia, just across from one of the world's largest naval bases and birthplace of the U.S. Navy's fleet of nuclear-powered aircraft carriers and a range of other vessels. Defense investors are focused on two kinds of companies: the more traditional contractors that make tanks and warplanes and the service companies that manage IT networks, provide consulting and analytic services, and take on other outsourced tasks like logistics for the government customer. Lockheed Martin Stock. Fireworks storage contract tied to publicly-traded defense contractor Posted on April 12, 2011 by Ian Lind | 1 Comment Donaldson Enterprises, Inc. was apparently working under a $150,000 contract from the Treasury Department for “destruction services” involving seized fireworks at the time of Friday’s explosion in a Waikele ammunition tunnel that killed five people. Factoring in dividends, each of the five largest defense contractors has outpaced the S&P 500 over the past 10 years. Raytheon doesn't have a massive signature program like a bomber or a warship, but it makes the electronics and high-tech sensors that go into many of those systems. Use our ETF Themes to find ETFs you are looking for. Home > Company List. Northrop is a leader in military radars and sensors and became a major force in space in 2018 when it bought Orbital ATK for $9.2 billion. A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government. Company Name. Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. The USS Gerald R. Ford, one of a long line of carriers born at Huntington Ingalls' Newport News facility. Defense Primes 10-Year Total Return vs. S&P 500 data by YCharts . When not arguing on Twitter or writing about the markets, Lou spends his free time out in nature, complaining online about the Baltimore Orioles or Watford FC, or listening to early 1990s alt rock. Combined, more than 65% of sales come from prime contracts, with the rest from subcontracting work. Leidos is best known for its defense and intelligence work, but it has also built a civil agency business focused on modernizing government IT systems and a health division working on securing medical data. The list provided by the SIPRI excludes companies based in China. It is a major producer of missiles and missile defense systems, has a dominant helicopter franchise, and has a broad catalog of space and airplane products. But in an industry that requires massive specialized manufacturing skills, access to clearances, and strong relationships with government buyers, size does matter. The publicly traded firm has a market capitalization of more than $15 billion as of Wednesday’s close. The information is based on a list published by the Stockholm International Peace Research Institute for 2018. Let's conquer your financial goals together...faster. The company is a major vendor to the defense and intelligence communities, which at times can create bad headlines. David Choi. The primes, so called because they mostly deal directly with the government instead of serving as subcontractors to other companies, have streamlined to become highly focused specialists competing for multibillion-dollar contract awards. These companies compete on price and speed. In recent years, Boeing has emerged as a leader in autonomous systems as well. The largest defense contractor by revenue is Lockheed Martin, with more than $56 billion in annual sales. Unlike many of the larger defense contractors on this list, Huntington Ingalls focuses entirely on aquatic military products. The fund invests 90% … Image source: Raytheon. That's unlikely to change, since the company tries to position itself as a hybrid consulting/IT business able to extract higher margins on work because of its ability to offer greater technical analysis than its rivals. See you at the top! SAIC, short for Science Applications International Corporation, is one of the oldest names in the government services business, founded in the 1960s and originally conceived as a science shop working under government contract on nuclear power and weapons studies. It also manufactures several weapons, including serving as the lead on the Minuteman intercontinental ballistic missile, and is in the running for the eventual Minuteman replacement. The company has spent most of the decade in the shadows of Leidos and Booz Allen, but with the Engility deal, it is attempting to break out and establish itself as more of a peer. One way to invest in the business of the U.S. military is by buying stock in the publicly traded companies that contract with the government to build the materials and supplies used by American armed forces. Invesco Aerospace & Defense ETF (NYSEArca: PPA) The fund seeks to replicate the yield and price of the SPADE Defense Index. Before we take a detailed look at specific companies, it's important for investors to know a few basics about the defense industry. That being said, shares are pricey at the moment and we rate the stock as a hold. The company, carved out of Northrop Grumman in 2011, stands alongside General Dynamics as one of the two primary shipbuilders for the U.S. government. INN takes a look at the year-to-date gains of the 10 largest US defense contractors on the NYSE based on defense revenues. Booz Allen has had a rocky history, including being the employer of NSA leaker Edward Snowden and of Harold Thomas Martin III, who was accused in 2016 of theft of government property and the removal of classified documents. The U.S. government spends more than $700 billion annually on defense, as well as billions more on intelligence and civil agencies that manage IT networks and consulting services. Fintel currently tracks over 9500 funds and over 63,000 securities traded worldwide. Northrop Grumman was almost sold in the late 1990s, with the deal eventually blocked by regulators as anticompetitive. To date, these moves have not yet paid dividends for shareholders, but GD's tendency to move against conventional wisdom in the industry makes it one to watch among the contractors. But that's still enough to place the company among the largest defense contractors. Harris focused on battlefield management systems, aircraft communications, and classified space work, while L3 specialized in sensors, night-vision equipment, and unmanned technology. Image source: Huntington Ingalls. It has numerous drone wins, including a new Navy tanker aircraft, and surprised markets when it unveiled a "wingman" concept: an unmanned drone designed to fly alongside piloted aircraft to provide greater firepower and to overwhelm enemy defenses. Most have at least two areas of emphasis, be it warplanes and missiles or ships and tanks, so they are not overly reliant on any one contract. List / Directory of Corporations focusing on Aerospace, Defense, Homeland Security, Intelligence, IT, Systems Integration, and Outsourcing: by areas of operation, capabilities, corporate evolution, and noteworthy subsidiaries. List of The Top 10 ASX Listed Aerospace And Defense Companies in Australia. The Top 100 Contractors Report is a list developed annually by the U.S. General Services Administration as part of its tracking of U.S. federal government procurement.. Some defense contractors emerged to fill the needs of European powers jockeying against one another in the race to colonize the world, among them Remington Arms Company, Colt, and the Naval Group. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Working together, the two companies should be able to open doors for each other and sell additional products to existing companies. If the Navy wants an aircraft carrier, it only has one place to turn. Security contractors do not generally provide direct support of military operations. Please note that the list may not contain newly issued ETFs. Sector. Top 52 publicly traded contractors For the energy sector, Exxon Mobil is the biggest contractor with almost $800 million in petroleum contracts, mostly for the Defense Logistics Agency. In that area, Lockheed Martin appears to be the leader. This has helped the company to carve out a niche business for itself. L3Harris Technologies (L3Harris) is an American technology company, defense contractor and information technology services provider that produces C6ISR systems and products, wireless equipment, tactical radios, avionics and electronic systems, night vision equipment, and both terrestrial and spaceborne antennas for use in the government, defense, and commercial sectors. Our data includes major income statement items (revenue and net profit) and balance sheet items such as assets, equity, cash, debt, inventories, PPE, and working capital (current assets minus current liabilities). GD is also the owner of Gulfstream, one of the world's largest manufacturers of business jets. The F-35A Joint Strike Fighter. Booz Allen Hamilton’s areas of service include engineering, management consulting and technology, but it also operates as a defense contractor. Here’s a look at some of the companies that represent major defense contractors. Source: Yahoo! Edwin G. Booz, James L. Allen and Carl L. Hamilton founded the firm in 1914, and fast-forward to 2012 and its revenue reached $5.859 billion. Acquire or Expire: Publicly Traded Defense Contractors, Financial Markets, and Consolidation in the U.S. Defense Industry. Here's a look at some of the biggest names in both the defense equipment and government services sectors. Combined, L3Harris Technologies figures to eventually get the attention they deserve. Biggest doesn't always mean best, and simply buying the biggest names in the defense industry is no way to invest. Both L3 and Harris had been making progress on their own, pushing to increase the amount of business they do directly with the Pentagon instead of serving as subcontractors. As one might expect, much of Boeing's defense portfolio is aviation based. This is an industry comprised of a handful of massive companies that deal directly with the government, or primes, which lead the design and manufacturing effort for new equipment, and a large number of smaller companies that supply components or specific services largely as subcontractors on bigger projects. While Leidos -- and most of the government services sector -- has spent the last decade consolidating, Booz Allen Hamilton has largely gone it alone. Huntington Ingalls is the rare specialist among defense giants. The company is working with the Navy on a 132-foot autonomous ship, supplying the brains and electronics while outsourcing manufacturing. In fiscal year 2005, the federal government aimed to source 23% of all subcontracts from small businesses with guidance from the Small Business Administration. There is some overlap, but following a period of intense consolidation during the 1990s, most of the large contractors are a blend of diversity and specialization. We categorize ETFs by many asset classes, styles, industries and more. That's a business that has failed to recover from the 2008-2009 recession, eating into results and making General Dynamics an underperformer relative to more defense-focused peers. ", https://www.sipri.org/sites/default/files/2018-12/fs_arms_industry_2017_0.pdf, The British Library - finding information on the defence industry, Private Security Transnational Enterprises in Colombia, Private Security Contractors at War: Ending the Culture of Impunity (2008), https://en.wikipedia.org/w/index.php?title=List_of_defense_contractors&oldid=987838207, Creative Commons Attribution-ShareAlike License, This page was last edited on 9 November 2020, at 15:12. Image source: Lockheed Martin. Market data powered by FactSet and Web Financial Group. Boeing is best known for its commercial jet empire, and indeed defense makes up less than one-quarter of total sales. The company is also spreading its wings beyond aviation, winning a bid to build an autonomous submarine for the Navy. These corporations offer services ovelapping private security and private military service provision. It's the large, prime contractors that get most of the attention from investors, and rightly so. Defense Primes 10-Year Total Return vs. S&P 500 data by YCharts. It's difficult for even a commercial tech company to make inroads at the Pentagon, as Microsoft, Alphabet, and Amazon have discovered. News; Companies; Insiders; Investors; Trend; Activists; Ownership; Member Companies. The world isn't getting any safer, and the government's appetite for the products these companies sell is unlikely to dry up any time soon. While Lockheed makes the current-generation fighters and Northrop won the deal for the new bomber, Boeing has an extensive portfolio of planes and helicopters in service, including the F/A-18 Super Hornet, the F-15 fighter, the Apache helicopter, and a number of surveillance and support aircraft. [1] Contractors have assumed a much larger on-the-ground presence during American conflicts: during the 1991 Gulf War the ratio of uniformed military to contractors was about 50 to 1, while during the first four years of the Iraq War the U.S. hired over 190,000 contractors, surpassing the total American military presence even during the 2007 Iraq surge and 23 times greater than other allied military personnel numbers. Charles W. Mahoney Department of Political Science, California State University, Long Beach, CA, USA Correspondence Charles.Mahoney@csulb.edu. Latest news and information on the business of delivering technology and services to government including government contractors, the integrator community, technology case … In the United States, defense contracting has taken an increasingly larger role. It's never wise to prioritize growing for the sake of size, but in the government services sector, scale is vitally important. The company has also aggressively marketed its expertise to the private sector, offering cybersecurity products and services to the Fortune 500 and advising clients in the health and financial services industries. If you’re looking for a more simplified way to browse and compare ETFs, you may want to visit our ETFdb.com Categories , which categorize every ETF in a single “best fit” category. In recent years, Northrop Grumman has found a clear mission and is evolving into an air and space defense powerhouse. We ranked the Top 100 government contractors based on sales related to IT products and services, systems integration, telecommunications, professional services and engineering services. Leidos is the largest pure-play government services firm, formed out of a spinoff from SAIC in 2012 and expanded via a 2016 purchase of Lockheed Martin's IT business. But the company has been an underperformer in recent years for reasons that have nothing to do with defense. Lockheed Martin is the world's largest pure-play defense contractor, and the company has been winning more than its fair share of work in all of the areas where it competes. The B-21 is an $80 billion program over its life span, and Northrop has shown an interest in reviving its fighter manufacturing expertise and competing for additional aircraft orders. Lockheed Martin is also the prime contractor responsible for the F-35 Joint Strike Fighter, which is expected to generate more than $1 trillion in sales over the course of its life cycle and was recently behind the largest military procurement in world history. This is a list of the world's 50 largest arms manufacturers and other military service companies, along with their countries of origin. Publicly Traded General Building Contractors-nonresidential Companies - SIC Code 154. This is a list of the world's 50 largest arms manufacturers and other military service companies, along with their countries of origin.

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