According to the Pentagon’s tally of the top dollar defense contractors for Fiscal 2005, Lockheed Martin led the way, followed by Boeing, Northrop Grumman, General Dynamics, and Raytheon as the top five. The news is that BAE Systems, the British-based defense firm, has made the top 10 list for the first time. In fact, it came in a No. 7. It was ranked at the 12 spot in 2004. For the Air Force, the top five were Boeing, Lockheed Martin, Northrop Grumman, Raytheon, and United Technologies. BAE was No. 14.
House, Senate Unveil Competing Proposals for 2026 Budget
July 11, 2025
Lawmakers from the House and Senate laid out competing versions of the annual defense policy bill on July 11, with vastly different potential outcomes for some of the Air Force’s most embattled programs.