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Market Intelligence

Who Are the Big 5 Military Contractors? Defense Primes by Revenue, Programs, and Market Share (2026)

The Big 5 defense contractors are Lockheed Martin, RTX, Northrop Grumman, Boeing Defense, and General Dynamics. Together they hold $146B in annual DoD contracts.

Fed-Spend Research Team•February 16, 2026•8 min read

The Big 5 Military Contractors

RankCompanyDoD RevenueEmployeesHQSignature Programs
1Lockheed Martin$50.5B122,000Bethesda, MDF-35, THAAD, Aegis, C-130J, GPS III, Orion
2RTX (Raytheon Technologies)$27.8B185,000Arlington, VAPatriot, Stinger, Tomahawk, Pratt & Whitney, Collins
3General Dynamics$24.1B106,000Reston, VAAbrams tank, Virginia-class subs, Gulfstream, GDIT
4Boeing Defense$22.3B170,000Arlington, VAF/A-18, KC-46, Apache, SLS, ATC systems
5Northrop Grumman$21.6B95,000Falls Church, VAB-21 Raider, James Webb, Sentinel ICBM, Global Hawk

Combined annual DoD revenue: $146.3 billion -- roughly 19% of the entire DoD budget.


Each Prime in 60 Seconds

Lockheed Martin -- The Undisputed #1

Lockheed Martin's F-35 Lightning II is the most expensive weapons program in history ($400B+ lifetime). But Lockheed is not just fighter jets:

  • Missiles & Fire Control: THAAD, PAC-3, JASSM, Hellfire
  • Rotary & Mission Systems: Sikorsky helicopters, combat ship systems
  • Space: GPS III, Orion spacecraft, hypersonic weapons
  • Cyber & Intelligence: Classified programs across IC
  • RTX -- The Merger Giant

    Formed from the 2020 merger of Raytheon and United Technologies, RTX combines:

  • Raytheon: Patriot, Stinger, Tomahawk, radars, cybersecurity
  • Pratt & Whitney: Jet engines for F-35, F-22, commercial aviation
  • Collins Aerospace: Avionics, mission systems, interiors
  • General Dynamics -- The Diversified Powerhouse

    GD is unique among the Big 5 for its breadth:

  • Land Systems: Abrams tanks, Stryker, amphibious vehicles
  • Marine Systems: Virginia-class submarines, Columbia-class (next-gen boomers)
  • IT Services (GDIT): One of the largest federal IT contractors
  • Gulfstream: Business jets that also serve military VIP transport
  • Boeing Defense -- The Embattled Giant

    Boeing's defense division is under pressure but still massive:

  • Strike: F/A-18 Super Hornet, F-15EX Eagle II
  • Mobility: KC-46 tanker, C-17 sustainment, V-22 Osprey
  • Space & Launch: SLS, X-37B, satellite systems
  • Autonomous: MQ-25 Stingray drone, Loyal Wingman
  • Northrop Grumman -- The Stealth Specialist

    Northrop owns the high end of stealth and nuclear:

  • B-21 Raider: Next-generation stealth bomber (entering production)
  • Sentinel (GBSD): Replacement for Minuteman III ICBMs
  • James Webb Space Telescope: Built by Northrop
  • Global Hawk/Triton: Long-endurance unmanned systems

  • Subcontracting Opportunities

    Every Big 5 prime is required to subcontract to small businesses. Annual small business subcontracting across the Big 5 exceeds $40 billion:

    PrimeEst. Small Business SubcontractingSupplier Portal
    Lockheed Martin$12B+suppliers.lockheedmartin.com
    RTX$8B+rtx.com/suppliers
    General Dynamics$6B+gd.com/suppliers
    Boeing$8B+boeing.com/company/key-orgs/supplier
    Northrop Grumman$6B+northropgrumman.com/suppliers

    FAQ

    Who are the big 5 military contractors?

    The Big 5 defense contractors are Lockheed Martin ($50.5B), RTX/Raytheon ($27.8B), General Dynamics ($24.1B), Boeing Defense ($22.3B), and Northrop Grumman ($21.6B). Combined they hold $146.3 billion in annual DoD revenue and employ over 678,000 people.

    What companies have contracts with the US military?

    Over 100,000 companies hold active DoD contracts. The Big 5 primes account for 19% of DoD spending, while the remaining 81% goes to mid-tier contractors, small businesses, and specialty firms. Fed-Spend tracks all DoD contracts searchable by agency, contractor, NAICS, and set-aside type.

    Search DoD contracts →

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