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Rank

Company

Leaders

Country

Last Year's Rank

2004 Defense Revenue *

2004 Total Revenue *

Percent of Revenue from Defense

2003 Defense Revenue **

1

Lockheed Martin

Robert J. Stevens, Chairman and CEO

U.S.

1

$34,050.00

$35,526.00

95.8%

$30,097.00

2

Boeing (1)

W. James McNerney, Chairman, President and CEO

U.S.

2

30,464.00

52,457.00

58.1

27,360.00

3

Northrop Grumman

Ronald D. Sugar, Chairman, CEO, and President

U.S.

3

22,126.00

29,900.00

74.0

18,700.00

4

BAE Systems

Mike Turner, CEO

U.K.

4

20,344.8

25,431.00

80.0

17,159.00

5

Raytheon

William H. Swanson, Chairman and CEO

U.S.

5

18,771.00

20,245.00

92.7

16,896.00

6

General Dynamics

Nicholas D. Chabraja, Chairman and CEO

U.S.

6

15,000.00

19,178.00

78.2

12,782.00

7

EADS (2)

Thomas Enders and No‘l Forgeard, co-CEOs

Netherlands

8

10,505.9

43,387.9

24.2

8,036.5

8

Honeywell

David M. Cote, Chairman and CEO

U.S.

12

10,240.4

25,601.0

40.0

4,200.0

9

Thales

Denis Ranque, Chairman and CEO

France

7

8,868.6

14,053.3

63.1

8,476.0

10

Halliburton (3)

David J. Lesnar, Chairman, President and CEO

U.S.

16

8,000.0

20,446.0

39.1

2,700.0

11

Finmeccanica

Pier Francesco Guarguaglini. Chairman and CEO

Italy

9

7,670.6

12,807.6

59.9

5,895.5

12

United Technologies

George David, Chairman and CEO

U.S.

10

6,740.0

37,445.0

18.0

5,300.0

13

L-3 Communications

Frank Lanza, Chairman and CEO

U.S.

11

6,133.8

6,897.0

88.9

4,369.2

14

Science Applications International Corp. (4)

Ken Dahlberg, CEO and President

U.S.

14

4,686.0

7,187.0

65.2

3,735.0

15

Computer Sciences Corp. (5)

Van B. Honeycutt, Chairman and CEO

U.S.

13

3,779.0

14,768.0

25.6

3,818.0

16

DCN

Jean-Marie Poimbouef, President and CEO

France

20

3,547.4

3,547.4

100

2,084.5

17

General Electric (6)

Jeffrey R. Immelt, Chairman and CEO

U.S.

15

3,400.0

15,500.0

21.9

3,100.0

18

Rolls-Royce

Sir John Rose, CEO

U.K.

18

3,069.0

11,366.9

27.0

2,489.9

19

Misubishi Heavy Industries (5,7)

Kazuo Tsukuda, President

Japan

17

2,516.7

25,323.6

9.9

2,667.4

20

Alliant Techsystems (5)

Daniel J. Murphy Jr., Chairman and CEO

U.S.

19

2,516.0

2,081.0

89.9

2,102.0

21

ITT Industries

Steve R. Loranger, Chairman, President and CEO

U.S.

25

2,414.0

6,740.1

35.8

1,790.9

22

United Defense Industries (8)

Thomas W. Rabaut, President and CEO

U.S

21

2,292.0

2,292.0

100.0

2,052.6

23

Snecma (9)

Jean-Paul Béchat, Chairman and CEO

France

24

2,183.0

9,277.9

23.5

1,845.9

24

Titan (10)

Gene W. Ray, Chairman, President and CEO

France

38

2,004.0

2,047.0

97.9

1,113.0

25

Saab

Åke Svensson, President and CEO

Sweden

30

1,900.0

4,200.0

64.3

1,380.0

26

Rheinmetall

Klaus Eberhardt, Executive Board Chairman

Germany

22

1,882.8

4,652.6

40.5

2,014.1

27

Dassault Aviation

Charles Edelstenne, Chairman and CEO

France

23

1,828.3

4,720.8

38.7

2,009.1

28

Booz Allen Hamilton (5)

Ralph W. Shrader, Chairman and CEO

U.S.

32

1,767.0

3,300.0

53.5

1,355.0

29

Bechtel Group (3)

Riley Bechtel, Chairman and CEO

U.S.

46

1,742.5

17,400.0

10.0

910.4

30

SAGEM (9)

Grégoire Olivier, Chairman and CEO

France

31

1,584.0

4,870.9

32.5

1,359.0

31

Electronic Data Systems (3)

Michael H. Jordan, Chairman and CEO

U.S.

54

1,538.3

20,669.0

7.4

772.1

32

Rockwell Collins (11)

Clayton M. Jones, Chairman, President, and CEO

U.S.

35

1,535.0

2,604.0

58.9

1,270.0

33

Textron (12)

Lewis B. Campbell, Chairman, President and CEO

U.S.

27

1,500.0

10,242.0

14.6

1,600.0

34

Aviation Holding Company Sukhoi (13)

Mikhail Pogosyan, Director

Russia

29

1,469.0

1,499.0

98.0

1,425.0

35

URS (14)

Martin M. Koffel, Chairman and CEO

U.S.

36

1,460.0

3,300.0

44.2

1,230.0

36

Harris (15)

Howard L. Lance, Chairman, President and CEO

U.S.

40

1,445.0

2,518.6

57.4

1,100.0

37

Goodrich

Marshall O. Larsen, Chairman, President and CEO

U.S.

34

1,400.0

4,700.0

29.8

1,300.0

38

QinetiQ (5)

Sir John Chisolm, CEO

U.K.

37

1,399.1

1,639.2

85.4

1,161.4

39

Israel Aircraft Industries

Moshe Keret, President and CEO

Israel

33

1,379.0

2,056.0

67.1

1,308.0

40

Kawasaki Heavy Industries (5,7)

Masamoto Tazaki, President and CEO

Japan

41

1,329.0

11,547.6

11.5

1,096.5

41

DRS Technologies (5)

Mark S. Newman, Chairman, President, and CEO

U.S.

43

1,258.0

1,308.6

96.1

940.2

42

Smiths Group (16)

Keith Butler-Wheelhouse, CEO

U.K.

26

1,243.1

4972.4

25.0

1,778.2

43

Anteon

Joseph Kampf, President and CEO

U.S.

44

1,124.8

1,268.1

88.7

927.0

44

Washington Group International

Stephen G. Hanks, President and CEO

U.S.

42

1,109.7

2,915.2

38.1

1,048.0

45

RUAG

Konrad Peter, Chairman

Switzerland

51

1,082.8

1,691.9

64.0

838.1

46

VT Group (5)

Paul Lester, CEO

U.K.

49

1,048.4

1,397.9

75

857.8

47

ThyssenKrupp

Ekkehard Schulz, CEO

Germany

39

1,028.8

53,620.9

1.9

1,110.0

48

Mitsubishi Electric (5,7)

Tamotsu Nomakuchi, President and CEO

Japan

48

959.8

31,720.6

3.0

898.6

49

Cobham

Allen Cook, CEO

U.K.

55

946.9

1,893.8

50.0

742.7

50

Almaz-Antei (13)

Vladislav Menschikov, Director

Russia

NR

929.0

1,327.0

70.0

NA

51

Hindustan Aeronautics (5)

Ashok K. Baweja, Chairman and Managing Director

India

57

918.0

1,020.0

90.0

738.0

52

OshKosh Truck (11)

Robert G. Bohn, Chairman, President and CEO

U.S.

59

905.0

2,700.0

33.5

657.0

53

Singapore Technologies Engineering

Tan Pheng Hock, President and CEO

Singapore

47

882.6

1,800.7

49.0

903.6

54

Elbit Systems

Joseph Ackerman, President, CEO and Director

Israel

50

876.3

939.9

93.2

848.0

55

IZAR Construcctiones Navales (17)

Juan Pedro Gomez Jaen, President

Spain

56

851.4

1,528.1

55.7

739.0

56

NEC (5,7)

Akinobu Kanasugi, President

Japan

69

842.6

45,155.3

1.9

533.1

57

Engineered Support Systems (14)

Gerald A. Potthoff, Vice Chairman and CEO

U.S.

66

830.6

883.6

94.0

555.2

58

Krauss-Maffei Wegmann

Manfred Bode, Chairman and CEO

Germany

53

818.6

818.6

100.0

791.1

59

GIAT Industries

Luc Vigneron, Chairman and CEO

France

45

804.9

804.9

100.0

915.4

60

Rafael Armament Development Authority

Yedidia Yaari, President and General Manager

Israel

52

800.0

800.0

100.0

830.0

61

GKN Group 11

Kevin Smith, CEO

U.K.

28

791.7

7,917.4

10.0

1,533.7

62

Diehl Stiftung

Thomas Diehl, President and CEO

Germany

58

781.0

2,169.4

36.0

683.1

63

ManTech International

George J. Pedersen, Chairman and CEO

U.S.

60

773.3

842.4

91.8

639.9

64

CACI (3,15)

J.P. London, Chairman, President and CEO

U.S.

67

771.9

1,145.8

67.4

536.3

65

Babcock International Group (5)

Peter Rogers, CEO

U.K.

63

761.5

1,428.0

53.3

602.6

66

Irkut (13)

Oleg Demchenko, Director

Russia

77

624.5

643.8

97.0

468.4

67

Fincantieri

Giuseppe Bono, CEO

Italy

61

615.3

2,970.3

20.7

632.9

68

Armor Holdings

Warren B. Kanders, Chairman and CEO

U.S.

NR

605.0

980.0

61.7

91.0

69

Ericsson

Carl-Henric Svanberg, President and CEO

Sweden

80

600.0

1,650.0

36.4

439.1

70

MITRE (11,18)

Martin C. Faga, President and CEO

U.S.

68

592.1

870.7

68.0

533.7

71

Battelle (11)

Carl F. Kohrt, President and CEO

U.S.

76

581.0

2,900.0

20.0

472.0

72

Korea Aerospace Industries

Hae Joo Chung, President and CEO

South Korea

64

557.8

626.0

89.1

596.5

73

Stewart & Stevenson Services

Max L. Lukens, President and CEO

U.S.

79

549.0

1,160.0

47.3

446.0

74

Jacobs Engineering Group (11)

Noel G. Watson, Chairman and CEO

U.S.

73

544.0

710.0

76.6

494.0

75

ARINC

John M. Belcher, Chairman and CEO

U.S.

91

532.0

734.0

72.5

347.1

76

The Aerospace Corp. (11)

William F. Ballhaus Jr., President and CEO

U.S.

71

524.0

615.0

85.2

510.0

77

Bharat Electronics (5)

Y. Gopala Rao, Chairman and Managing Director

India

81

519.4

742.0

70.0

434.2

78

ADI

Lucio Di Bartolomeo, Managing Director

Australia

72

511.8

536.4

95.4

496.7

79

Tenix Defence (15)

Robert Salteri, CEO

Australia

86

495.3

762.0

65.0

380.3

80

EDO

James M. Smith, Chairman, President and CEO

U.S.

82

489.0

536.0

91.2

415.0

81

Kongsberg Gruppen

Jan Erik Korssjoen, CEO

Norway

78

478.0

1,000.0

47.8

456.1

82

Ultra Electronic Holdings

Douglas Caster, CEO

U.K.

83

473.2

614.6

77.0

399.0

83

Ishikawajima-Harima Heavy Industries (5,7)

Mototsugu Ito, President and CEO

Japan

92

458.5

10,128.4

4.5

342.8

84

Cubic (11)

Walter J. Zable, Chairman, President and CEO

U.S.

88

452.9

722.0

62.7

365.1

85

Aerospace Equipment (13)

Sergei Bodrunov, Director

Russia

74

444.2

583.0

76.2

488.9

86

Teledyne Technologies

Robert Mehrabian, Chairman, President and CEO

U.S.

85

437.1

1,016.6

43.0

387.0

87

Meggitt

Terry Twigger, CEO

U.K.

95

415.3

922.8

45.0

314.6

88

RSK MiG (13)

Alexei Fyodorov, Director

Russia

NR

403.0

427.4

94.3

NA

89

Israel Military Industries Ltd.

Ehud (Udi) Ganani, President and CEO

Israel

75

399.1

399.1

100.0

469.0

90

BearingPoint (15)

Harry L. You, CEO

U.S.

94

398.5

3,450.0

11.6

328.5

91

Toshiba (5,7)

Atsutoshi Nishida, President and CEO

Japan

87

385.9

54,279.2

0.7

368.3

92

CAE (5)

Robert E. Brown, President and CEO

Canada

89

383.0

810.6

47.2

361.6

93

Embraer

Maur’cio Novis Botelho, President and CEO

Brazil

NR

365.8

3,440.0

10.6

NA

94

Orbital Sciences

David W. Thompson, Chairman and CEO

U.S.

NR

365.1

676.0

54.0

261.6

95

Patria

Jorma Wiitakorpi, CEO

Finland

NR

360.0

400.0

90.0

NA

96

AAI

Frederick M. Strader, President and CEO

U.S.

NR

355.0

385.0

92.2

282.0

97

Admiralteiske Verfi (13)

Vladimir Alexandrov, Director

Russia

NR

354.4

404.6

87.6

NA

98

Ufa MPO (13)

Yuri Puvstogarov, Director

Russia

84

345.7

363.9

95.0

390.6

99

Ball Corp.

R. David Hoover, Chairman, President and CEO

U.S.

NR

344.7

5,440.2

6.3

307.0

100

Komatsu (5,7)

Masahiro Sakane, President and CEO

Japan

90

322.7

9,623.3

3.4

356.0

101

Indra Sistemas

Javier Monzon, CEO

Spain

65

313.8

1,473.5

21.3

567.3

Footnotes 1 - James McNemey was named CEO in July. Harry Stonecipher was Boeing CEO for all of fiscal 2004.
2 - Tom Enders and No‘l Forgeard took over as co-CEOs in 2005. Leading EADS in 2004 were Phillippe Camus and Rainer Hertrich.
3 - DoD contract awards only.
4 - Fiscal year ending 1/31.
5 - Fiscal year ending 3/31.
6 - Defense revenue from aircraft engines business.
7 - Defense revenue reflects Japan Defense Agency contract awards.
8 - Acquired by BAE SYSTEMS in 2005.
9 - Snecma and SAGEM merged in 2005 to create Safran Group.
10 - L-3 proposed buying Titan in May 2005.
11 - Fiscal year ending 9/30.
12 - Fiscal year ending 1/01.
13 - Defense revenue provided by Center fro Analysis of Strategies and Technologies, Moscow.
14 - Fiscal year ending 10/31.
15 - Fiscal year ending 6/30.
16 - Fiscal year ending 7/31.
17 - Restructured in 2005, now part of Navantia.
18 - Defense revenue calculated using same percentage of total revenue used in 2003.
* - 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.
** - 2003 defense revenue figures for companies returning to the list this year are based on data published in the 2004 Top 100 list. NA - Not Available
NR - Not Ranked

SOURCE: Defense News research