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.
Sticker Shock Drags Out USAF’s E-7 Negotiations with Boeing
April 18, 2024
While a deal on the E-7 Wedgetail airborne battle management jet may come soon, negotiations are stuck on the high price Boeing is asking for the development jets, Air Force Secretary Frank Kendall said recently.