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With $48.666 billion in business with the U.S. federal government, Lockheed Martin, based in Bethesda, Maryland, is the largest U.S. federal government contractor. The Top 100 Contractors Report (TCR 100) is a list developed annually by the General Services Administration as part of its tracking of U.S. federal government procurement.
The Department of Defense announces contracts valued at $7 million or more each business day at 5 pm. [2] All defense contractors maintain CAGE (Commercial and Government Entity) Codes and are profiled in the System for Award Management (SAM). [3]
A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government.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 ...
As of 2019, it was the fifth-largest defense contractor in the United States, and the sixth largest in the world, by sales. The company is headquartered in Reston, Fairfax County, Virginia.
AMARG employs approximately 500 DoD civil servants and 200 contractors. [17] The 2,600-acre (11 km 2) facility is adjacent to the base. On average, AMARG annually returns approximately $500 million worth of spare parts to military, government, and allied customers. [17] Congressional oversight determines what equipment may be sold to which ...
It was the world's largest defense contractor by revenue for fiscal year 2014. [5] In 2013, 78% of Lockheed Martin's revenues came from military sales; [6] it topped the list of US federal government contractors and received nearly 10% of the funds paid out by the Pentagon. [7]