Lockheed Martin's Defense Contracts Exceed $12B in '98
Kutner, Joshua A., National Defense
For the fourth year in a row, Lockheed Martin Corporation,based in Bethesda, Maryland, received the most dollars in contract awards from the Defense Department.
The company in Fiscal Year 1998 received $12.3 billion in contracts compared to $11.6 billion the previous year. The Pentagons prime contract awards in Fiscal Year 1998 totaled $118.1 billion, $1.4 billion more than Fiscal Year 1997.
Lockheed Martin's slice of the pie was distributed throughout 26 divisions and subsidiaries-taking up approximately 10 percent of the Pentagon's total spending.
The Boeing Company, Seattle, and Raytheon Corporation, headquartered in Lexington, Massachusetts, finished in …
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Publication information:
Article title: Lockheed Martin's Defense Contracts Exceed $12B in '98.
Contributors: Kutner, Joshua A. - Author.
Magazine title: National Defense.
Volume: 83.
Issue: 547
Publication date: April 1999.
Page number: 14.
© 2009 National Defense Industrial Association.
Provided by ProQuest LLC. All Rights Reserved.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
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