United States Department of Defense Memorandum for Correspondents On the web:
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No. 009-M
MEMORANDUM FOR CORRESPONDENTS
February 5, 1999
The Department of Defense announced today that the fiscal year 1998 report of "100 Companies Receiving the Largest Dollar Volume of Prime Contract Awards (Top 100)" is now available on the World Wide Web. The web site address for locating this publication and other DoD contract statistics is: http://web1.whs.osd.mil/diorhome.htm.
According to the new report, the top 10 Defense contractors for fiscal 98 were:
(In billions)
1. Lockheed Martin Corp.
$12.3
2. The Boeing Co.
10.9
3. Raytheon Corp.
5.7
4. General Dynamics Corp.
3.7
5. Northrop Grumman Corp.
2.7
6. United Technologies Corp.
2.0
7. Textron Inc.
1.8
8. Litton Industries Inc.
1.6
9. Newport News Shipbuilding Inc. 1.5
10. TRW Inc.
1.3
In fiscal 98, DoD prime contract awards totaled $118.1 billion, $1.4 billion more than in fiscal 97.
The Department also announced today that the report of "100 Contractors Receiving the Largest Dollar Volume of Prime Contract Awards for Research, Development, Test, and Evaluation (Top 100 RDT&E)" was also on the Internet.
The top 10 DoD RDT&E contractors in fiscal 98 were:
(In billions)
1. Lockheed Martin Corp.
$4.8
2. The Boeing Co.
2.1
3. Raytheon Corp.
1.1
4. Northrop Grumman Corp.
0.9
5. General Dynamics Corp.
0.7
6. TRW Inc.
0.6
7. Textron Inc.
0.5
8. The Mitre Corp.
0.4
9. The Carlyle Group
0.382
10. Massachusetts Institute of Technology
0.369
In accordance with the Defense Reform Initiative to move to paper-free business operations, hard copies of these reports are no longer available in the Directorate for Defense Information.
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