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2007

Leadership
Last Year's Rank
2005 Defense Revenue*
% of Revenue from Defense
2004 Defense Revenue**
1
Lockheed Martin Robert Stevens, President and CEO
U.S.
1
34,225.0
37,213.0
98.0
34,050.0
2
Boeing James McNerney, Chairman, President and CEO
U.S.
2
29,200.0
54,845.0
56.1
30,464.0
3
Northrop Grumman Ronald Sugar, Chairman and CEO
U.S.
3
23,332.0
30,700.0
76.0
22,126.0
4
BAE Systems Mike Turner, CEO
U.K.
4
20,935.2
26,500.2
79.0
20,344.0
5
Raytheon William Swanson, Chairman and CEO
U.S.
5
18,200.0
21,900.0
83.1
18,771.0
6
General Dynamics Nicholas Chabraja, Chairman and CEO
U.S.
6
16,570.0
21,244.0
78.0
15,000.0
7
EADS Thomas Enders and Noël Forgeard, co-CEOs
Netherlands
7
9,120.3
40,508.2
22.5
10,505.9
8
L-3 Communications Michael Strianese, interim CEO
U.S.
13
8,549.2
9,444.7
90.5
6,133.8
9
Thales Denis Ranque, Chairman and CEO
France
9
8,523.3
12,176.1
70.0
8,868.6
10
Halliburton 1 David Lesar, Chairman, President and CEO
U.S.
10
7,552.0
20,994.0
36.0
8,000.0
11
Finmeccanica Pier Francesco Guarguaglini, Chairman and CEO
Italy
11
7,125.7
12,728.1
56.0
7,670.6
12
United Techologies George David, Chairman and CEO
U.S.
12
6,832.0
42,700.0
16.0
6,740.0
13
Science Applications International Corp. 2 Ken Dahlberg, Chairman, CEO and President
U.S.
14
5,400.0
7,792.0
69.3
4,686.0
14
General Electric 3 Jeffrey Immelt, Chairman and CEO
U.S.
17
3,500.0
149,700.0
2.3
3,400.0
15
Computer Sciences Corp. 4 Van Honeycutt, Chairman and CEO
U.S.
15
3,368.9
14,615.6
23.1
3,779.0
16
DCN Jean-Marie Poimboeuf, President and CEO
France
16
3,352.0
3,352.0
100.0
3,547.4
17
Rolls-Royce Sir John Rose, CEO
U.K.
18
3,293.6
11,357.2
29.0
3,069.0
18
ITT Industries Steven Loranger, Chairman, President and CEO
U.S.
21
3,220.0
7,400.0
43.5
2,414.0
19
SAFRAN Group Jean-Paul Bechat, CEO
France
NR
3,074.8
12,527.9
24.5
3,192.1
20
ATK 4 Daniel Murphy, Chairman and CEO
U.S.
20
2,882.0
3,217.0
89.6
2,516.0
21
Booz Allen Hamilton 4 Ralph Shrader, Chairman and CEO
U.S.
28
2,183.0
3,700.0
59.0
1,767.0
22
Dassault Aviation Charles Edelstenne, Chairman and CEO
France
27
2,108.3
4,062.7
51.9
1,828.3
23
Mitsubishi Heavy Industries 4 5 Kazuo Tsukuda, President
Japan
19
2,055.9
23,750.0
8.7
2,516.7
24
Saab Åke Svensson, President and CEO
Sweden
25
1,941.4
2,426.9
80.0
1,900.0
25
Rockwell Collins 6 Clayton Jones, Chairman, President and CEO
U.S.
32
1,810.0
3,445.0
52.5
1,535.0
26
URS 7 Martin Koffel, Chairman, President and CEO
U.S.
35
1,729.0
3,918.0
44.1
1,460.0
27
QinetiQ 4 8 Graham Love, CEO
U.K.
38
1,677.1
1,973.0
85.0
1,399.1
28
DRS Technologies 4 Mark Newman, Chairman, President and CEO
U.S.
41
1,674.8
1,735.5
96.5
1,258.0
29
Rheinmetall Klaus Eberhardt, Executive Board Chairman
Germany
26
1,660.6
4,091.1
40.6
1,882.8
30
Almaz-Antei 9 Vladislav Menschikov, Director
Russia
50
1,567.5
1,741.7
90.0
929.0
31
Israel Aircraft Industries Yitzhak Nissan, President and CEO
Israel
39
1,560.0
2,341.0
66.6
1,379.0
32
Honeywell 10 David Cote, Chairman and CEO
U.S.
8
1,504.8
27,653.0
5.4
1,382.5
33
Harris 11 Howard Lance, Chairman, President and CEO
U.S.
36
1,500.0
3,000.0
50.0
1,445.0
34
Goodrich Marshall Larsen, Chairman, President and CEO
U.S.
37
1,500.0
5,396.0
27.8
1,400.0
35
Bechtel Group 12 Riley Bechtel, Chairman and CEO
U.S.
29
1,486.9
18,100.0
8.2
1,742.5
36
Textron Lewis Campbell, Chairman, President and CEO
U.S.
33
1,400.0
10,000.0
14.0
1,500.0
37
EDS Michael Jordan, Chairman and CEO
U.S.
31
1,400.0
19,800.0
7.1
1,538.3
38
Smiths Group 13 14 Keith Butler-Wheelhouse, CEO
U.K.
42
1,362.7
5,450.7
25.0
1,243.1
39
Anteon 15 Joseph Kampf, President and CEO
U.S.
43
1,298.3
1,490.0
87.1
1,124.8
40
VT Group 4 Paul Lester, CEO
U.K.
46
1,273.2
1,591.5
80.0
1,048.4
41
Armor Holdings Warren Kanders, Chairman and CEO
U.S.
68
1,188.6
1,536.0
77.4
605.0
42
CACI 11 J.P. London, Chairman, President and CEO
U.S.
64
1,179.3
1,623.1
72.7
771.9
43
Kawasaki Heavy Industries 4 5 Tadaharu Ohashi, President
Japan
40
1,103.2
11,249.2
9.8
1,329.0
44
Oshkosh Truck 6 Robert Bohn, Chairman, President and CEO
U.S.
52
1,061.0
2,959.0
35.9
905.0
45
Hindustan Aeronautics 4 Ashok Baweja, Chairman and Managing Director
India
51
1,053.0
1,170.0
90.0
918.0
46
Elbit Systems Joseph Ackerman, President, CEO and Director
Israel
54
998.0
1,070.0
93.3
876.3
47
Mitsubishi Electric 4 5 Setsuhiro Shimomura, President
Japan
48
971.4
30,657.6
3.2
959.8
48
Ericsson Carl-Henric Svanberg, President and CEO
Sweden
69
953.7
19,074.2
5.0
600.0
49
Washington Group International Stephen Hanks, President and CEO
U.S.
44
952.0
3,188.5
29.9
1,109.7
50
ThyssenKrupp 14 Ekkehard Schulz, CEO
Germany
47
946.6
49,822.7
1.9
1,028.8
51
ManTech International George Pedersen, Chairman and CEO
U.S.
63
930.3
980.3
94.9
773.3
52
ST Engineering Tan Pheng Hock, President and CEO
Singapore
53
922.0
2,004.4
46.0
882.6
53
NEC 4 5 Kaoru Yano, President
Japan
56
917.0
41,041.1
2.2
842.6
54
Navantia Juan Pedro Gómez Jaén, Chairman and CEO
Spain
NR
879.7
1,097.9
80.1
NA
55
Cobham Allan Cook, CEO
U.K.
49
877.6
1,720.8
51.0
946.9
56
GIAT Industries Luc Vigneron, Chairman and CEO
France
59
865.8
865.8
100.0
804.9
57
Rafael Armament Development Authority Yedidia Yaari, President and General Manager
Israel
60
845.7
845.7
100.0
800.0
58
Kongsberg Gruppen Jan Erik Korssjøen, CEO
Norway
81
798.7
840.7
95.0
478.0
59
Battelle 6 Carl Kohrt, President and CEO
U.S.
71
746.0
3,400.0
21.9
581.0
60
GKN Group 6 Kevin Smith, CEO
U.K.
61
743.4
6,194.8
12.0
791.7
61
Stewart & Stevenson Services 16 Max Lukens, President and CEO
U.S.
73
724.0
726.0
99.7
549.0
62
Krauss-Maffei Wegmann Frank Haun, Chairman and CEO
Germany
58
710.7
710.7
100.0
818.6
63
Diehl Stiftung Thomas Diehl, President and CEO
Germany
62
689.9
1,954.3
35.3
781.0
64
Irkut 9 Oleg Demchenko, Director
Russia
66
687.0
861.8
79.7
624.5
65
Admiralteiskiye Verfi 9 Vladimir Alexandrov, Director
Russia
97
644.6
678.5
95.0
354.4
66
Meggitt Terry Twigger, CEO
U.K.
87
625.4
1,060.0
59.0
415.3
67
EDO James Smith, Chairman, President and CEO
U.S.
80
623.0
648.0
96.1
489.0
68
Tenix Defence 11 Robert Salteri, CEO
Australia
79
602.0
762.0
79.0
495.3
69
Korea Aerospace Industries 14 Hae Joo Chung, President and CEO
South Korea
72
595.6
668.5
89.1
557.8
70
MITRE 6 Martin Faga, President and CEO
U.S.
70
584.7
962.1
60.8
592.1
71
The Aerospace Corp. 6 William Ballhaus, President and CEO
U.S.
76
580.9
663.9
87.5
524.0
72
Ruag Suisse 14 Konrad Peter, Chairman
Switzerland
45
580.7
907.3
64.0
1,082.8
73
Fincantieri Giuseppe Bono, CEO
Italy
67
576.2
2,687.3
21.4
615.3
74
Babcock International Group 4 Peter Rogers, CEO
U.K.
65
563.7
1,428.0
39.5
761.5
75
Cubic 6 Walter Zable, Chairman, President and CEO
U.S.
84
543.4
804.0
67.6
452.9
76
Bharat Electronics 4 Y. Gopala Rao, Chairman and Managing Director
India
77
541.8
774.0
70.0
519.4
77
Sevmash 9 Vladimir Pastukhov, Director
Russia
NR
528.7
665.9
79.4
NA
78
Curtiss-Wright Martin Benante, Chairman and CEO
U.S.
NR
520.0
1,131.0
46.0
440.0
79
Ultra Electronic Holdings Douglas Caster, CEO
U.K.
82
519.0
589.2
88.1
473.2
80
Aviation Holding Company Sukhoi 9 Mikhail Pogosyan, Director
Russia
34
514.8
553.5
93.0
1,469.0
81
Teledyne Technologies Robert Mehrabian, Chairman, President and CEO
U.S.
86
510.6
1,206.5
42.3
437.1
82
AAI Frederick M. Strader, President and CEO
U.S.
96
480.0
517.0
92.8
355.0
83
Jacobs Engineering Group 6 12 Noel Watson, Chairman and CEO
U.S.
74
479.0
5,635.0
8.5
544.0
84
CAE 4 Robert Brown, President and CEO
Canada
92
452.3
948.4
47.7
383.0
85
ADI Lucio Di Bartolomeo, Managing Director
Australia
78
438.9
466.7
94.0
511.8
86
Severnaya Verf 9 Alexander Buzakov
Russia
NR
436.1
445.9
97.8
NA
87
Tactical Missiles 9 Boris Obnosov, Director
Russia
NR
423.8
448.5
94.5
NA
88
Toshiba 4 5 Atsutoshi Nishida, President and CEO
Japan
91
421.1
53,958.5
0.8
385.9
89
Embraer 14 Maurício Novis Botelho, President and CEO
Brazil
93
406.0
3,829.9
10.6
365.8
90
BearingPoint 17 Harry You, CEO
U.S.
90
405.6
NA
NA
328.5
91
Aerospace Equipment 9 Sergei Bodrunov, Director
Russia
85
397.3
575.8
69.0
444.2
92
Israel Military Industries Avi Felderi, acting CEO
Israel
89
379.0
379.0
100.0
399.1
93
MAN Group Håkan Samuelsson, Chairman
Germany
NR
371.1
2,046.6
18.1
NA
94
Ball Corp. 18 David Hoover, Chairman, President and CEO
U.S.
99
361.4
5,751.2
6.3
344.7
95
Orbital Sciences David Thompson, Chairman and CEO
U.S.
94
350.0
703.4
49.8
365.1
96
MMPP Salyut 9 Yuri Yeliseyev, Director
Russia
NR
346.2
396.6
87.3
NA
97
Universal Shipbuilding Corp. 4 5 Kamijo Takehiko, President
Japan
NR
337.7
1,251.2
27.0
NA
98
ARINC John Belcher, Chairman and CEO
U.S.
75
330.1
891.0
37.0
532.0
99
Indra Sistemas 14 Javier Monzón, CEO
Spain
NR
303.3
1,424.0
21.3
313.8
100
Ishikawajima-Harima Heavy Industries 4 5 Mototsugu Ito, President
Japan
83
296.0
9,586.4
3.1
458.5
 
NOTES:
1 Defense revenue from KBR Federal and Government division.
2 Fiscal year ending 1/31.
3 Defense revenue from GE Aerospace Engines.
4 Fiscal year ending 3/31.
5 Defense revenue from Japan Defense Agency contracts.
6 Fiscal year ending 9/30.
7 Fiscal year ending 10/31.
8 Defense revenue is analyst’s estimate.
9 Defense revenue is estimate by Center for Analysis of Strategies and Technologies, Moscow.
10 2004 defense revenue based on 2005 percentage; inaccurate rank last year based on erroneous data.
11 Fiscal year ending 6/30.
12 Defense revenue based on DoD contract awards.
13 Fiscal year ending 7/31.
14 Defense revenue calculated using same percentage of total revenue used in 2004.
15 Company acquired by General Dynamics June 8, 2006.
16 Company acquired by Armor Holdings May 25, 2006.
17 Defense revenue is estimate; company in process of filing 2005 financials.
18 Defense revenue from Ball Aerospace operations.
 
*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.
**2004 defense revenue figures for companies returning to the list this year are based on data published in the 2005 Top 100 list.
NR – Not Ranked
NA – Not Available