LMT - Lockheed Martin tops list of Pentagon contract recipients at $39.2B
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 |
For further details see:
Lockheed Martin tops list of Pentagon contract recipients at $39.2B