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Lockheed Martin tops list of Pentagon contract recipients at $39.2B (NYSE:LMT)

by Index Investing News
October 20, 2022
in Financial
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Lockheed Martin (NYSE:LMT) was the biggest recipient of contracts from the U.S. Department of Defense in 2021, according to a report released Thursday. The company, whose products include the F-35 fighter jet and Himars missile system, received $39.2 billion in contracts last year.

Drugmakers Pfizer (NYSE:PFE) and Moderna (NASDAQ:MRNA) were newcomers to the list last year because of spending related to the Covid-19 pandemic, and are considered anomalous.

Rank Company Defense Spending (billions) 1 Lockheed Martin (LMT) $39.2 2 Boeing (NYSE:BA) $23.6 3 Raytheon Technologies (NYSE:RTX) $21.4 4 General Dynamics (NYSE:GD) $16.9 5 Northrop Grumman (NYSE:NOC) $15.0 6 Pfizer (PFE) $13.3 7 L3Harris Technologies (NYSE:LHX) $7.5 8 Humana (NYSE:HUM) $7.1 9 Huntington Ingalls (NYSE:HII) $7.0 10 Moderna (MRNA) $6.9



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Tags: 392BcontractListLockheedMartinNYSELMTPentagonrecipientsTops
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