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2008

Rank Company Leadership Country Last Year's Rank 2006 Defense Revenue* 2005 Defense Revenue** 2006 Total Revenue* % of Revenue from Defense
1 Lockheed Martin Robert Stevens, President and CEO U.S. 1 $36,090.0 34,225.0 $39,620.0 91.0%
2 Boeing James McNerney, Chairman, President and CEO U.S. 2 30,800.0 29,200.0 61,530.0 50.0
3 BAE Systems Mike Turner, CEO U.K. 4 25,070.6 20,935.2 26,967.6 93.0
4 Northrop Grumman Ronald Sugar, Chairman and CEO U.S. 3 23,649.0 23,332.0 30,148.0 78.4
5 Raytheon William Swanson, Chairman and CEO U.S. 5 19,500.0 18,200.0 20,291.0 96.1
6 General Dynamics Nicholas Chabraja, Chairman and CEO U.S. 6 18,769.0 16,570.0 24,063.0 78.0
7 EADS Thomas Enders and Louis Gallois, co-CEOs Netherlands 7 13,202.7 9,120.3 52,018.6 25.4
8 L-3 Communications Michael Strianese, CEO U.S. 8 9,989.6 8,549.2 12,476.9 80.1
9 Finmeccanica Pierfrancesco Guarguaglini, Chairman and CEO Italy 11 9,057.1 7,125.7 16,466.4 55.0
10 United Technologies George David, Chairman and CEO U.S. 12 7,652.6 6,832.0 47,829.0 16.0
11 Thales Denis Ranque, Chairman and CEO France 9 6,997.4 8,523.3 13,598.8 51.5
12 KBR 1 William Utt, President, CEO and Director U.S. NR 6,400.0 NA 9,600.0 66.7
13 SAIC 2 Ken Dahlberg, Chairman, CEO and President U.S. 13 5,800.0 5,400.0 8,300.0 69.9
14 General Electric 3 Jeffrey Immelt, Chairman and CEO U.S. 14 4,600.0 3,500.0 15,400.0 29.9
15 Honeywell 4 David Cote, Chairman and CEO U.S. 32 4,400.0 NA 31,600.0 13.9
16 Rolls-Royce Sir John Rose, CEO U.K. 17 4,062.3 3,293.6 14,007.8 29.0
17 ITT Steve Gaffney, President of Defense U.S. 18 3,659.3 3,220.0 7,807.9 46.9
18 DCNS Jean-Marie Poimboeuf, President and CEO France 16 3,564.7 3,352.0 3,564.7 100.0
19 Computer Sciences Corp. Michael W. Laphen, Chairman, CEO and Director U.S. 15 3,530.0 3,368.9 14,615.6 24.2
20 ATK 5 Daniel Murphy, Chairman and CEO U.S. 20 3,066.0 2,882.0 3,565.0 86.0
21 DRS Technologies 5 Mark Newman, Chairman, President and CEO U.S. 28 2,736.5 1,674.8 2,821.2 97.0
22 SAFRAN Group Jean-Paul Béchat, CEO France 19 2,640.5 3,074.8 14,958.7 17.7
23 Saab Åke Svensson, President and CEO Sweden 24 2,461.9 1,941.4 3,077.5 80.0
24 Booz Allen Hamilton 5 Ralph Shrader, Chairman and CEO U.S. 21 2,449.0 2,183.0 4,000.0 61.2
25 Mitsubishi Heavy Industries 5 6 Kazuo Tsukuda, President Japan 23 2,354.4 2,055.9 26,024.9 9.0
26 Textron Lewis Campbell, Chairman, President and CEO U.S. 36 2,088.0 1,400.0 11,490.0 18.2
27 Rockwell Collins 7 Clayton Jones, Chairman, President and CEO U.S. 25 2,043.0 1,810.0 3,864.0 52.9
28 Almaz-Antei 8 Vladislav Menschikov, Director Russia 30 2,019.6 1,567.5 2,362.1 85.5
29 EDS Michael Jordan, Chairman and CEO U.S. 37 1,940.6 1,400.0 21,300.0 9.1
30 Rheinmetall Klaus Eberhardt, Executive Board Chairman Germany 29 1,907.8 1,660.6 4,791.3 39.8
31 Armor Holdings Warren Kanders, Chairman and CEO U.S. 41 1,897.8 1,188.6 2,360.9 80.4
32 URS 9 Martin Koffel, Chairman, President and CEO U.S. 26 1,759.0 1,729.0 4,240.0 41.5
33 Israel Aerospace Industries 10 Itzhak Nissan, President and CEO Israel 31 1,746.0 1,560.0 2,813.0 62.1
34 Hindustan Aeronautics 5 Ashok Baweja, CEO India 45 1,665.0 1,053.0 1,850.0 90.0
35 Dassault Aviation Charles Edelstenne, Chairman and CEO France 22 1,649.0 2,108.3 4,359.5 37.8
36 QinetiQ 5 Graham Love, CEO U.K. 27 1,513.3 1,677.1 1,983.4 76.3
37 Goodrich Marshall Larsen, Chairman, President and CEO U.S. 34 1,500.0 1,500.0 5,878.0 25.5
38 Harris 11 Howard Lance, Chairman, President and CEO U.S. 33 1,500.0 1,500.0 3,474.8 43.2
39 Elbit Systems Joseph Ackerman, President, CEO and Director Israel 46 1,402.0 998.0 1,520.0 92.2
40 GKN Group 7 Kevin Smith, CEO U.K. 60 1,376.3 743.4 6,797.4 20.2
41 Krauss-Maffei Wegmann Frank Haun, Chairman and CEO Germany 62 1,320.3 710.7 1,320.3 100.0
42 Oshkosh Truck 7 Robert Bohn, Chairman, President and CEO U.S. 44 1,317.2 1,061.0 3,427.0 38.4
43 CACI 11 J.P. London, Chairman, President and CEO U.S. 42 1,282.6 1,179.3 1,755.3 73.1
44 Bechtel Group 12 Riley Bechtel, Chairman and CEO U.S. 35 1,264.5 1,488.9 20,000.5 6.2
45 VT Group 5 Paul Lester, CEO U.K. 40 1,217.9 1,273.2 1,739.8 70.0
46 Cobham Allan Cook, CEO U.K. 55 1,214.7 877.6 1,978.7 61.4
47 Kawasaki Heavy Industries 5 6 Tadaharu Ohashi, President Japan 43 1,107.7 1,103.2 12,201.4 9.1
48 ManTech International George Pedersen, Chairman and CEO U.S. 51 1,082.6 930.3 1,137.2 95.2
49 Rafael Armament Development Authority Yedidia Yaari, President and General Manager Israel 57 1,056.3 845.7 1,056.3 100.0
50 Mitsubishi Electric 5 6 Setsuhiro Shimomura, President Japan 47 998.3 971.4 30,568.2 3.3
51 Nexter Luc Vigneron, Chairman and CEO France 56 $950.6 $865.8 $950.6 100.0%
52 Diehl Stiftung Thomas Diehl, President and CEO Germany 63 949.8 689.9 2,878.2 33.0
53 Washington Group International Stephen Hanks, President and CEO U.S. 49 907.3 952.0 3,398.1 26.7
54 ST Engineering Tan Pheng Hock, President and CEO Singapore 52 906.8 921.8 2,925.2 31.0
55 Babcock International Group 5 Peter Rogers, CEO U.K. 74 858.9 563.7 1,455.7 59.0
56 Battelle 7 Carl Kohrt, President and CEO U.S. 59 840.0 746.0 3,815.1 22.0
57 Indra Sistemas Javier Monzón, CEO Spain 99 792.2 303.3 1,584.3 50.0
58 Bharat Electronics 5 V. V. R. Sastry, Chairman and Managing Director India 76 781.6 541.8 977.0 80.0
59 NEC 5 6 Kaoru Yano, President Japan 53 704.8 917.0 39,460.0 1.8
60 EDO James Smith, Chairman, President and CEO U.S. 67 686.0 623.0 715.2 95.9
61 Tactical Missiles 8 Boris Obnosov, Director Russia 87 674.8 423.8 710.4 95.0
62 Fincantieri Giuseppe Bono, CEO Italy 73 652.9 576.2 3,256.7 20.0
63 The Aerospace Corp. William Ballhaus, President and CEO U.S. 71 637.3 580.9 719.7 88.6
64 Jacobs Engineering Group 7 12 Noel Watson, Chairman and CEO U.S. 83 504.8 479.0 7,421.3 6.8
65 Aviation Holding Company Sukhoi 8 Mikhail Pogosyan, Director Russia 80 625.6 514.8 742.1 84.3
66 Patria Jorma Wiitakorpi, CEO Finland NR 622.5 360.0 732.1 85.0
67 Irkut 8 Oleg Demchenko, Director Russia 64 590.6 687.0 641.5 92.1
68 MiG 8 Alexei Fyodorov, Director Russia NR 587.3 403.0 596.2 98.5
69 Tenix Defence 11 Greg Hayes, CEO Australia 68 584.1 602.0 1,095.2 53.3
70 Teledyne Technologies Robert Mehrabian, Chairman, President and CEO U.S. 81 569.4 510.6 1,433.2 39.7
71 Cubic 7 Walter Zable, Chairman, President and CEO U.S. 75 564.4 543.4 821.4 68.7
72 AAI Frederick Strader, President and CEO U.S. 82 564.0 480.0 564.0 100.0
74 Ultra Electronic Holdings Douglas Caster, CEO U.K. 79 561.3 519.0 738.6 76.0
74 Russia’s Helicopters 8 Yuri Ivanov, Director Russia NR 558.0 NA 558.0 100.0
75 Curtiss-Wright Martin Benante, Chairman and CEO U.S. 78 549.0 520.0 1,282.2 42.8
76 Ufa Enginebuilding 8 Alexander Artyukhov, CEO Russia NR 548.7 NA 569.8 96.3
77 Ruag Suisse Konrad Peter, Chairman Switzerland 72 545.6 580.7 1,023.2 53.3
78 ARINC John Belcher, Chairman and CEO U.S. 98 537.5 330.1 918.8 58.5
79 Korea Aerospace Industries Jeong Hae Ju, President and CEO South Korea 69 532.0 595.6 705.0 75.5
80 Severnaya Verf 8 Andrei Fomichev, Director Russia 86 526.4 436.1 658.0 80.0
81 Aerospace Equipment 8 Sergei Bodrunov, Director Russia 91 518.3 397.3 730.0 71.0
82 Meggitt Terry Twigger, CEO U.K. 66 511.9 625.4 1,312.6 39.0
83 CAE 5 Robert Brown, President and CEO Canada 84 489.6 452.3 1,082.4 45.2
84 Israel Military Industries Avi Felderi, Managing Director Israel 92 481.6 379.0 481.6 100.0
85 Kongsberg Gruppen Jan Erik Korssjøen, CEO Norway 58 481.2 390.8 1,078.9 44.6
86 Alion Science and Technology 7 Bahman Atefi, CEO U.S. NR 451.8 NA 508.6 88.8
87 BearingPoint Harry You, CEO U.S. 90 414.0 405.6 3,450.0 12.0
88 Ball 3 David Taylor, President and CEO U.S. 94 412.3 361.4 6,621.5 6.2
89 IHI Marine United 5 Yoshinori Imashimizu, President, Representative Director Japan NR 378.3 NA 848.1 44.6
90 Fujitsu 5 6 Hiroaki Kurokawa, President Japan NR 374.0 266.2 581.0 64.4
91 KB Priborostroyeniya (Instrument Design Bureau) 8 Alexander Rybas, Director Russia NR 369.9 NA 371.7 99.5
92 Toshiba 5 6 Atsutoshi Nishida, President and CEO Japan 88 358.8 421.1 53,801.0 0.7
93 Rotem Co. Yeo-Sung Lee, CEO Korea NR 356.4 NA 1,682.7 21.2
94 MMPP Salyut 8 Yuri Yeliseyev, Director Russia 96 351.1 346.2 425.5 82.5
95 Orbital Sciences David Thompson, Chairman and CEO U.S. 95 321.2 350.0 803.0 40.0
96 IHI 5 6 Mototsugu Ito, President Japan 100 310.0 296.0 10,466.0 3.0
97 Aselsan Cengiz Ergeneman, General Manager Turkey NR 308.5 279.3 341.1 90.4
98 Komatsu 5 6 Masahiro Sakane, President and CEO Japan NR 307.9 287.5 16,058.0 1.9
99 Admiralteiskiye Verfi 8 Vladimir Alexandrov, Director Russia 65 304.6 644.6 385.0 79.1
100 Chemring 13 David Price, CEO U.K. NR 302.9 NA 356.5 85.0

NOTES
1 Spun off from Halliburton
2 Fiscal year ending 1/31/07
3 Aerospace Engines only
4 Last year’s much lower rank of 32 was based
on incorrect data provided for 2005 defense
revenue
5 Fiscal year ending 3/31/07
6 Defense revenue from Japanese Defense
Agency contracts
7 Fiscal year ending 9/30/06
8 Defense revenue is estimated by Center for Analysis of Strategies and Technologies, Moscow
9 Fiscal year ending 12/29/06
10 Fiscal year ending 12/03/06
11 Fiscal year ending 6/30/06
12 Defense revenue based on DoD contracts
13 Fiscal year ending 10/31/06
*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.
**2005 defense revenue figures for companies returning to the list this year are based on data published in the 2006 Top 100 list.
NR – Not Ranked
NA – Not Available
SOURCE: Defense News research