1

Lockheed Martin Corp.

U.S.

$23,337.00

$26,578.00

87.80%

1

93.80%

2

Boeing Co.

U.S.

22,033.00

54,000.00

40.8

2

32.6

3

Raytheon Co.

U.S.

15,291.00

16,760.00

91.2

4

71

4

BAE SYSTEMS plc

U.K.

15,036.40

19,485.40

77.2

3

76

5

Northrop Grumman Corp.

U.S.

12,278.10

17,206.00

71.4

5

68.9

6

General Dynamics Corp.

U.S.

9,800.00

13,800.00

71

6

64

7

Thales

France

7,652.60

11,636.10

65.8

7

61.2

8

European Aeronautic, Defence & Space Co. NV1

Netherlands

6,289.80

31,344.20

20.1

8

19.8

9

Finmeccanica SpA

Italy

3,894.40

8,132.70

47.9

15

39.4

10

Honeywell Inc.

U.S.

3,800.00

24,000.00

15.8

13

14.2

11

United Techologies Corp.

U.S.

3,600.00

28,200.00

12.8

11

13.6

12

L-3 Communications Corp.

U.S.

3,581.00

4,011.20

89.3

20

76.9

13

Science Applications International Corp. (2)

U.S.

3,045.00

5,903.00

51.6

12

57.6

14

Mitsubishi Heavy Industries Ltd. (3,4)

Japan

2,903.30

21,645.70

13.4

17

9.6

15

General Electric Co. (5)

U.S.

2,800.00

131,698.00

2.1

16

1.8

16

DCN

France

2,286.30

2,286.30

100

14

100

17

Rolls-Royce plc (6)

U.K.

2,207.70

9,270.20

23.8

18

22.2

18

GKN Group (7)

U.K.

2,084.50

6,948.20

30

22

27.9

19

Computer Sciences Corp. (3)

U.S.

1,904.90

11,300.00

16.9

21

15.8

20

Alliant Techsystems (3)

U.S.

1,820.00

2,200.00

82.7

23

88.9

21

Rheinmetall DeTec AG

Germany

1,758.10

1,758.10

100

27

100

22

United Defense Industries Inc.

U.S.

1,725.00

1,725.00

100

30

100

23

Textron Inc.

U.S.

1,608.00

10,650.00

15.1

26

11.7

24

ITT Industries

U.S.

1,513.90

4,985.30

30.4

28

27.9

25

Saab AB

Sweden

1,415.70

1,887.60

75

31

87.3

26

Titan Corp.

U.S.

1,320.00

1,392.00

94.8

36

78.6

27

Snecma

France

1,295.70

6,818.10

19

32

17.6

28

Dassault Aviation SA

France

1,269.50

3,603.00

35.2

45

25

29

Israel Aircraft Industries Ltd.

Israel

1,254.00

2,062.00

60.8

29

62.3

30

URS (8,9)

U.S.

1,200.00

3,300.00

36.4

72

15.1

31

Smiths Industries plc (10)

U.K.

1,117.00

4,467.00

25

39

43.7

32

Rockwell Collins (7)

U.S.

1,115.00

2,500.00

44.6

33

37.9

33

SAGEM

France

1,046.20

2,896.50

36.1

40

30.6

34

Bechtel Group Inc. (11)

U.S.

1,029.70

11,600.00

8.9

NR

NA

35

Booz Allen Hamilton (3)

U.S.

1,026.00

2,200.00

46.6

38

40

36

Harris Corp. (12)

U.S.

1,012.70

1,875.80

54

42

42.4

37

QinetiQ

U.K.

1,007.90

1,259.90

80

41

86.5

38

Aviation Holding Company Sukhoi (13)

Russia

988

1,040.00

95

24

NA

39

Kawasaki Heavy Industries Ltd. (3,4)

Japan

919.6

10,344.60

8.9

35

10.6

40

Washington Group International Inc.

U.S.

918

3,661.50

25.1

49

17.8

41

Singapore Technologies Engineering Ltd.

Singapore

864.8

1,510.40

57.3

43

57.9

42

Jacobs Engineering Group Inc. (7,14)

U.S.

842.3

4,555.70

18.5

47

18.5

43

GIAT Industries

France

814.5

814.5

100

50

95

44

Elbit Systems Ltd.

Israel

779.3

827.5

94.2

48

95.4

45

Rafael Armament Development Authority

Israel

760

760

100

46

100

46

Korea Aerospace Industries Ltd.

South Korea

712

793

89.8

NR

NA

47

VT Group (3)

U.K.

708.7

889.8

79.6

58

70.7

48

Oshkosh Truck Corp. (7)

U.S.

700

1,800.00

38.9

65

29.3

49

Diehl Stiftung & Co.

Germany

694

1,502.20

46.2

53

88

50

Anteon Corp.

U.S.

661

825.8

80

56

69

51

Krauss-Maffei Wegmann GmbH & Co. KG

Germany

$631.10

$631.10

100.00%

52

100.00%

52

Mitsubishi Electric Co. (3,4)

Japan

613.4

30,368.00

2

44

2.8

53

DRS Technologies Inc. (3)

U.S.

608.2

675.8

90

55

97.1

54

Cobham plc

U.K.

582.1

1,178.60

49.4

60

43.8

55

Ruag Suisse

Switzerland

541

721.3

75

51

100

56

Hindustan Aeronautics Ltd. (3)

India

531.3

590.4

90

54

89

57

Fincantieri

Italy

517.9

2,293.50

22.6

57

28

58

NPK Irkut (13)

Russia

505.8

562

90

92

NA

59

MITRE Corp. (7)

U.S.

485

740

65.5

NR

NA

60

Babcock International Group plc (3)

U.K.

483.8

666.2

72.6

NR

58

61

Halliburton Co. (11)

U.S.

483.7

12,572.00

3.8

NR

NA

62

Aerokosmicheskoe Oborudovanie (11)

Russia

482.4

536

90

NR

NA

63

IZAR Construcciones Navales S.A.

Spain

472.9

1,611.10

29.4

NR

26

64

Electronic Data Systems Corp. (11)

U.S.

468.4

21,502.00

2.2

25

7

65

The Aerospace Corp. (7)

U.S.

453

559.7

80.9

64

NA

66

Kongsberg Gruppen

Norway

441.6

1,003.70

44

NR

NA

67

Stewart & Stevenson Services Inc. (7,11)

U.S.

439.9

1,175.60

37.4

63

32.5

68

Ishikawajima-Harima Heavy Industries Co. Ltd. (3,4)

Japan

439.8

8,504.20

5.2

66

5

69

Tenix Defence Pty Ltd. (12)

Australia

433.6

553.7

78.3

85

78.6

70

ManTech International

U.S.

433.2

500.2

86.6

NR

NA

71

CAE Inc. (3)

Canada

416.8

768.4

54.2

71

51.6

72

Toshiba Corp. (3,4)

Japan

415.6

47,198.30

0.9

74

0.8

73

Israel Military Industries Ltd.

Israel

410.3

410.3

100

62

99.4

74

Battelle (7)

U.S.

405

1,157.00

35

78

29.4

75

NEC Corp. (3,4)

Japan

404.7

39,180.50

1

61

1.2

76

Engineered Support Systems Inc. (8)

U.S.

391.6

407.9

96

70

93.5

77

Bharat Electronics Ltd. (3)

India

382.9

547

70

81

79.8

78

Arinc

U.S.

372

608

61.2

NR

NA

79

Alvis plc

U.K.

362.1

362.1

100

95

100

80

Silicon Graphics Inc. (12)

U.S.

354

1,341.00

26.4

69

21.1

81

Elisra Group

Israel

347

363

95.6

82

93.5

82

ADI Ltd.

Australia

343

409.5

83.8

76

85.4

83

Ultra Electronic Holdings plc

U.K.

338.4

417.8

81

NR

NA

84

Ericsson

Sweden

333.5

16,676.40

2

75

1.6

85

Ufa MPO (13)

Russia

325

341

95.3

NR

NA

86

Cubic Corp. (7)

U.S.

314.4

559.6

56.2

84

56.2

87

Salyut13

Russia

307.7

362

85

90

NA

88

BearingPoint Inc. (1,12,16)

U.S.

304.3

2,400.00

12.7

37

NA

89

Teledyne Technologies

U.S.

300

772.7

38.8

87

37

90

Komatsu Ltd. (3,4)

Japan

297.9

9,094.60

3.3

83

3.6

91

EDO Corp.

U.S.

296

328.9

90

NR

NA

92

IHI Aerospace Co. Ltd (3,4)

Japan

280.4

400.6

70

96

NA

93

Denel Pty Ltd. (15)

S. Africa

277.4

346.7

80

NR

NA

94

Kaman Corp.

U.S.

275.9

880.8

31.3

80

34.4

95

Uralvagonzavod (13)

Russia

271

474.7

57.1

88

NA

96

Russian Aircraft-building Corporation MiG (13)

Russia

267

281.3

94.9

NR

NA

97

Meggitt plc

U.K.

232.8

646.6

36

NR

NA

98

Indra Systemas S.A.

Spain

214.1

915.8

23.4

86

40

99

Hellenic Aerospace Industry S.A.

Greece

199.6

211.4

94.4

NR

NA

100

Itochu Corp. (3,4)

Japan

193.6

87,303.80

0.2

NR

NA

1 - Defense revenue is analyst’s estimate
2 - Fiscal year ending 1/31
3 - Fiscal year ending 3/31
4 - Defense revenue reflects Japan Defense Agency contract awards only
5 - Defense revenue from GE Aircraft Engines.
6 - Defense revenue reflects aerospace business only
7 - Fiscal year ending 9/30
8 - Fiscal year ending 10/31
9 - Pro forma revenue figures
10 - Fiscal year ending 7/31
11 - Defense revenue reflects U.S. DoD prime contract awards only
12 - Fiscal year ending 6/30
13 - Defense revenue is estimate by Center for Analysis of Strategies and Technologies, Moscow
14 - Company estimate
15 - Defense revenue is from 2001 fiscal year, which closed 2/28/02, the latest figure available
16 - BearingPoint, as KPMG Consulting Inc., was ranked 37th last year based on public sector revenue. The ranking this year is based on analyst’s estimate of defense revenue only.
* 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.
NA - not available
NR - not ranked