1

Lockheed Martin Corp.

U.S.

A,C,DE,IT,MU,M,MD,SP,SI

1

$22,502.00

$23,990.00

93.80%

2

Boeing Co.

U.S.

A,C,DE,H,IT,MU,M,O,SP,SI

2

19,000.00

58,200.00

32.6

3

BAE SYSTEMS plc

U.K.

A,AR,C,DE,IT,MU,M,MD,NV,O,SI,U

4

14,491.80

19,069.80

76

4

Raytheon Co.

U.S.

A,C,DE,IT,MU,M,MD,PS,SP,SI

3

11,969.00

16,867.00

71

5

Northrop Grumman Corp. (1)

U.S.

A,C,DE,IT,MU,NV,SP,SI,U

6

9,337.50

13,558.00

68.9

6

General Dynamics Corp.

U.S.

AV,C,DE,E,IT,MU,NV,O,SI

5

7,784.00

12,163.00

64

7

Thales Group

France

C,DE,IT,MU,M,MD,PS,SP,SI

8

5,581.80

9,125.80

61.2

8

EADS NV

Netherlands

A,C,DE,H,IT,M,MU,MD,SP,SI,U

7

5,404.60

27,287.00

19.8

9

TRW Inc.

U.S.

C,DE,IT,M,MD,PS,SP,SI,U

10

5,200.00

16,400.00

31.7

10

Rosoboronexport

Russia

State-owned arms export agency

13

4,200.00

4,200.00

100

11

United Technologies Corp.

U.S.

SP,E,H,MU

9

3,790.00

27,890.00

13.6

12

Science Applications International Corp. (2)

U.S.

C,DE,IT,MU,MD,PS,SP,SI,U

14

3,507.80

6,094.50

57.6

13

Honeywell Inc.

U.S.

C,DE,SP,PS

12

3,400.00

24,000.00

14.2

14

DCN

France

C,DE,MU,NV,SI

23

2,658.00

2,658.00

100

15

Finmeccanica SpA

Italy

A,AV,AR,C,DE,H,IT,MU,M,MD,SP,SI,U

26

2,365.60

5,998.20

39.4

16

General Electric Co. (3)

U.S.

E

29

2,300.00

125,000.00

1.8

17

Mitsubishi Heavy Industries Ltd. (4)

Japan

A,AV,C,E,H,MU,M,NV,SP,SI

11

2,101.00

21,843.50

9.6

18

Rolls-Royce plc

U.K.

AV,E

15

2,032.10

9,144.50

22.2

19

Newport News Shipbuilding (5)

U.S.

NV

16

1,960.00

2,000.00

98

20

L-3 Communications Corp.

U.S.

A,AR,C,DE,H,IT,MU,M,PS,SP,SI

25

1,805.20

2,347.40

76.9

21

Computer Sciences Corp. (6, 7)

U.S.

C,DE,IT,PS,SP,SI

18

1,800.00

11,400.00

15.8

22

GKN Group (8, 9)

U.K.

AV,H

20

1,770.20

6,343.30

27.9

23

Alliant Techsystems (10)

U.S.

AR,DE,M,MD,O,SP

31

1,600.00

1,800.00

88.9

24

Aviation Holding Company Sukhoi

Russia

A,C,DE,H,IT,NV,SI

35

1,522.00

NA

NA

25

Electronic Data Systems Corp. (8)

U.S.

IT,PS,SI

65

1,505.00

21,500.00

7

26

Textron Inc.

U.S.

A,AV,C,DE,H,MU,M,MD,NV,O,SI,U

19

1,439.00

12,321.00

11.7

27

Rheinmetall DeTec AG

Germany

AV,AR,C,DE,MU,M,O,PS,SI,U

38

1,348.90

4,078.30

33.1

28

ITT Industries

U.S.

C,DE,IT,MU,PS,SP,SI,U

22

1,304.80

4,675.70

27.9

29

Israel Aircraft Industries Ltd.

Israel

A,AV,AR,C,DE,E,H,IT,MU,M,MD,NV,SI,U

21

1,302.00

2,089.00

62.3

30

United Defense Industries Inc.

U.S.

AV,AR,MU,PS,SI

24

1,300.00

1,300.00

100

31

Saab AB

Sweden

A,C,DE,IT,MU,M,MD,SI,U

28

1,296.50

1,484.90

87.3

32

Snecma

France

A,C,DE,E,H,MU,M,MD,O,PS,SP

39

1,070.30

6,071.80

17.6

33

Rockwell Collins (9, 11, 12)

U.S.

C,DE

NR

1,068.00

2,820.00

37.9

34

DynCorp

U.S.

A,C,DE,E,H,IT,MU,NV,O,PS,SI,T

33

1,000.00

2,000.00

50

35

Kawasaki Heavy Industries Ltd.

Japan

A,E,H,M,MU,NV,SP

NR

924.9

8,729.60

10.6

36

Titan Corp. (12)

U.S.

A,C,DE,IT,MU,NV,PS,SP,SI

41

890

1,132.00

78.6

37

KPMG Consulting Inc. (13)

U.S.

IT,PS,SI

NR

872

2,856.00

30.5

38

Booz Allen Hamilton (10)

U.S.

C,DE,IT,MU,MD,NV,PS,SP,SI

51

840

2,100.00

40

39

Smiths Industries plc (4 )

U.K.

C,DE,E,SI,U

17

830

1,900.00

43.7

40

Groupe Sagem

France

C,DE,MU,M,SI,U

37

823.9

2,690.80

30.6

41

QinetiQ (8, 14)

U.K.

IT,C

34

805.8

931.3

86.5

42

Harris Corp.

U.S.

C,DE,IT,PS,SP,SI

36

805

1,900.00

42.4

43

Singapore Technologies Engineering Ltd.

Singapore

A,AV,AR,C,DE,E,H,IT,MU,NV,O,PS,SI,U

40

773

1,335.20

57.9

44

Mitsubishi Electric Co.

Japan

C,DE,M,SP

NR

770.4

27,830.80

2.8

45

Dassault Aviation S.A.

France

A,MU,SI

32

768.2

3,074.40

25

46

Rafael Armament Development Authority

Israel

AV,C,M,O,SI

44

760

760

100

47

Jacobs Engineering Group Inc. (12)

U.S.

MU,PS

46

732.4

3,957.00

18.5

48

Elbit Systems Ltd.

Israel

A,AV,AR,C,DE,H,IT,MU,NV,SP,SI,U

49

729

764.5

95.4

49

Washington Group International Inc.

U.S.

NV,PS

NR

721.5

4,059.50

17.8

50

GIAT Industries (8)

France

AR,AV,MU,O

54

666.6

701.7

95

51

Ruag Suisse

Switzerland

A,AV,AR,C,DE,H,MU,M,O,SP,SI

47

$597.80

$597.80

100

52

Krauss-Maffei Wegmann GmbH & Co. Kg.

Germany

AV,AR

42

593.6

593.6

100

53

Diehl Stiftung & Co.

Germany

AR,DE,MU,M,O

45

531.6

604.3

88

54

Hindustan Aeronautics Ltd. (10)

India

A,C,DE,E,H,IT,MU,SP,SI

95

510

573

89

55

DRS Technologies Inc. (10)

U.S.

C,DE,MU

59

502.2

517.2

97.1

56

Anteon Corp.

U.S.

C,IT,MD,NV,PS,SI

58

493.4

715

69

57

Fincantieri SpA

Italy

E,MU,NV

NR

483.8

1,727.70

28

58

VT Group (10)

U.K.

DE, MU,PS,NV,SI

NR

482.1

681.7

70.7

59

Vosper Thornycroft (8, 10)

U.K.

MU,NV,SI

57

474.6

678.6

69.9

60

Cobham plc

U.K.

A,C,DE,MU,MD,PS,SP,SI

56

458.9

1,047.70

43.8

61

NEC Corp.

Japan

C,SP

NR

440.3

38,070.70

1.2

62

Israel Military Industries Ltd.

Israel

A,AV,AR,DE,H,MU,M,MD,O,SP

55

432.6

435.4

99.4

63

Stewart & Stevenson Services Inc. (9)

U.S.

T

70

432.3

1,329.50

32.5

64

The Aerospace Corp.

U.S.

SP,SI

NR

427

NA

NA

65

Oshkosh Truck Corp. (9)

U.S.

T

72

423

1,445.00

29.3

66

Ishikawajima-Harima Heavy Industries (10)

Japan

E

27

415.5

8,255.70

5

67

AM General Corp.

U.S.

MU,PS,T

66

413.6

550

75.2

68

EG&G Inc. (15)

U.S.

C,IT,PS,SI

71

400

530

75.5

69

Silicon Graphics Inc.

U.S.

DE,PS

60

400

1,900.00

21.1

70

Engineered Support Systems Inc. (16)

U.S.

DE,MU,NV,PS,SI

NR

365.2

390.5

93.5

71

CAE Inc. (10)

Canada

A,AV,H,MU,PS,SI

61

364.5

706.1

51.6

72

URS

U.S.

PS

NR

350

2,319.00

15.1

73

Lear Siegler Services Inc. (15)

U.S.

A,MU

63

350

350

100

74

Toshiba Corp.

Japan

DE

NR

344.8

41,141.30

0.8

75

Ericsson

Sweden

C,DE,SP,PS

75

340.8

21,940.30

1.6

76

ADI Ltd.

Australia

AV,AR,C,DE,IT,MU,NV,O,SI

78

313.3

366.8

85.4

77

Veridian Corp.

U.S.

C,DE,IT,MU,PS,SP,SI

77

310

690

44.9

78

Battelle (9)

U.S.

C,DE,IT,MU,MD,PS,SI

NR

308

1,049.30

29.4

79

Hitachi Shipbuilding Corp.

Japan

NV

NR

303.3

3,349.20

9.1

80

Kaman Corp.

U.S.

A,H,O

NR

301.6

876.9

34.4

81

Bharat Electronics Ltd.

India

DE

74

292.2

366

79.8

82

Elisra Group

Israel

C,DE,SI

81

286

306

93.5

83

Komatsu Ltd.

Japan

AV

NR

283.4

7,900.90

3.6

84

Cubic Corp. (9)

U.S.

C,DE,IT,MU,PS,SI

73

282.1

501.7

56.2

85

Tenix Defence Pty Ltd. (13)

Australia

AV,C,DE,IT,MU,NV,PS,SI

69

280.8

357.4

78.6

86

Indra Systemas S.A.

Spain

C,DE,IT,MU,SP,SI

76

277.1

692.9

40

87

Teledyne Technologies

U.S.

C,DE,E,IT,SP

64

275

744

37

88

Uralvagonzavod

Russia

AV,E

NR

273.4

NA

NA

89

Oboronitelniye Systemy

Russia

A,AR

NR

259.2

NA

NA

90

Salyut

Russia

E

NR

239

NA

NA

91

Vickers Defence Systems Ltd. (17)

U.K.

AR,DE,SI

NR

232.2

232.2

100

92

Irkutsk Aviation Production Association

Russia

A

NR

230.7

NA

NA

93

Mazagon Dock Ltd.

India

NV

67

230

329

69.9

94

Kazan Helicopter Plant

Russia

H

NR

219.2

NA

NA

95

Alvis plc

U.K.

AV,MU

68

216.3

216.3

100

96

IHI Aerospace Co. Ltd.

Japan

E,SP

NR

208.5

NA

NA

97

Izhmash

Russia

A

NR

199.5

NA

NA

98

Japan Electronic Computer Co. Ltd.

Japan

DE

NR

195.5

NA

NA

99

Hitachi Ltd.

Japan

C,DE,IT

NR

191.7

60,970.10

0.3

100

ShinMaywa Industries Ltd.

Japan

A,H

NR

190.7

1,084.80

17.6

Key: Principal Lines of Business

A - aircraft
AR - artillery
AV - armored vehicles
C - communications/control systems
DE - defense electronics
E - engines
H - helicopters
IT - information technology services
M - missiles
MD - missile defense
MU - maintenance, upgrades
NV - naval vessels
O - ordnance
PS - professional services
SI - systems integration
SP - space systems
T - trucks
U - UAVs/unmanned systems
NA - not available
NR - not ranked

1 - Includes one month of revenue from Newport News Shipbuilding.
2 - Figures for 2002 fiscal year, which closed 1/31/02.
3 - Revenue from military aircraft engine sales only.
4 - Fiscal year ending 7/31.
5 - Acquired by Northrop Grumman at the end of 2001.
6 - Figures for 2002 fiscal year, which closed 3/31.
7 - Ranking based on U.S. DoD contract awards only.
8 - Analyst's estimate.
9 - Fiscal year ending 9/30.
10 - Fiscal year ending 3/31.
11 - Became independent firm in July 2001.
12 - Ranking based on U.S. government sales only.
13 - Fiscal year ending 6/30.
14 - Ranking based on July 2001-March 2002 revenue.
15 - Acquired by URS in August 2002.
16 - Fiscal year ending 10/31.
17 - Merged with Alvis in October 2002.

* In millions of U.S. dollars. Currency conversions for non-U.S. firms calculated using prevailing rates at the end of each firm's fiscal year.