11 February 2004

NEWS RELEASE from the United States Department of Defense

No. 098-04
IMMEDIATE RELEASE
Feb 11, 2004
(703)697-5131(media)
(703)428-0711(public/industry)

DoD Announces Top Contractors for Fiscal Year 2003

            The Department of Defense announced today that the fiscal 2003 report of "100 Companies Receiving the Largest Dollar Volume of Prime Contract Awards (Top 100)" is now available on the World Wide Web.  The Web site address for locating this publication and other DoD contract statistics is:

http://www.dior.whs.mil/peidhome/procstat/p01/fy2003/top100.htm

            According to the new report, the top 10 Defense contractors for fiscal 2003 were:

(In billions)

1.         Lockheed Martin Corp.                           $21.9

2.         The Boeing Co.                                         17.3

3.         Northrop Grumman Corp.                         11.1

4.         General Dynamics Corp.                             8.2

5.          Raytheon Co.                                             7.9

6.         United Technologies Corp.                           4.5

7.          Halliburton Co.                                            3.9

8.         General Electric Co.                                      2.8

9.         Science Applications International Corp.        2.6

10.       Computer Sciences Corp.                              2.5

            In fiscal 2003, DoD prime contract awards totaled $209 billion, $28.2 billion more than in fiscal 2002.