For this episode of the Security Clearance Careers Podcast, Jill Hamilton and Katie Keller walk through the top global defense companies  and how they performed in FY21.

Defense Contractors with the Highest Revenue

The war in Ukraine has sparked foreign military sales and spending for defense contracting companies – but we focus on the top 10 U.S.-based companies that made the list . It looks quite similar to last year, but there are some big changes.

1. Lockheed Martin

Lockheed is not surprising, especially since their 2021 defense revenue was 64,458,000. Daily, they are generally awarded a defense contract valued at $7 million and above. Their work with the F-35 is notorious, and their stock recently rose a bit.

2. Raytheon

Raytheon has $42 million in defense revenue, with recent contract awards for SeaSparrow Missile Systems and  a $18.5 million program with DARPA. 

3. Boeing

Coming in at $35,093,000 in revenue is another household name – Boeing.  Recently, they had a huge hiring spree in San Antonino and secured a $278 million deal to aid F/A 18 aircrafts.

4. Northrop Grumman

Northrop Grumman was recently awarded an Improvised Explosive Device Electronic Warfare Contract and their IT hiring needs saw a boost, as well.

5. General Dynamics

At $30.8 million, General Dynamics saw a 3% increase in revenue from the 2020 numbers.

6. BAE Systems

With $25.8 million in defense revenue, BAE was recently awarded a contract for Amphibious Combat Vehicles.

7. L3 Harris

L3 saw almost $15 million in defense revenue which is about the same to the year prior. And 84% of their revenue comes from the defense sector.

8. Huntington Ingalls

HII has plenty of job opportunities that helped them to reach the top 10 defense contractors with the most revenue . They have a large presence with the US Navy, and many blue collared jobs working in ship yards.

9. Leidos

Leidos you always find at a ClearanceJobs Virtual Career Event, and they had $8 million in defense revenue, which was a 9% increase from the year before, and with 58% of their revenue from defense.

10. Amentum

An American government and commercial services contractor, at $5.9 million revenue in defense markets, the company was born out of AECOM in 2020.

For the full list of 100 defense contractors and foreign entities supporting the Department of Defense, visit Defense News. 

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Katie Helbling is a marketing fanatic that enjoys anything digital, communications, promotions & events. She has 10+ years in the DoD supporting multiple contractors with recruitment strategy, staffing augmentation, marketing, & communications. Favorite type of beer: IPA. Fave hike: the Grouse Grind, Vancouver, BC. Fave social platform: ClearanceJobs! 🇺🇸