Lockheed Martin led in 2002 DOD contracts
- By Matt McLaughlin
- Jan 24, 2003
The Defense Department issued prime contracts worth $17 billion to Lockheed Martin Corp. in fiscal 2002, making it DOD's top contractor. Of that figure, $5.33 billion went for R&D, testing and evaluation, giving Lockheed the top spot in that procurement area as well.
The department named its 100 top contractors
Boeing Co. was second on the overall list with $16.55 billion in prime contracts in 2002, followed by Northrop Grumman Corp. with $8.73 billion, Raytheon Co. with $7 billion and General Dynamics Corp. with $6.96 billion.
Boeing also held the second spot in R&D and testing contracts, having received $4.31 billion. Northrop Grumman was third at $1.4 billion, while United Technologies Corp. of Hartford, Conn., was fourth at $1.23 billion, followed by Raytheon at $1.03 billion.