By Ann Roosevelt
Lockheed Martin [LMT] led the list of top five contractors with the Defense Department in fiscal year 2008, according to a White House web site.
Lockheed Martin led the FY 2008 list with $25.5 billion in DoD contracts, followed by Boeing [BA] with $19.9 billion; Northrop Grumman [NOC] with $17.9 billion, General Dynamics with $13.8 billion and BAE Systems with $12.3 billion.
The top four companies on the list have remained the same since FY 2000, the first year the site offers. However, for the first time, in FY 2008, the fifth spot changed as BAE replaced Raytheon [RTN] in the list of top five contractors.
In other lists on the site, Lockheed Martin also leads the Top 100 Recipients of Federal Contract Awards For FY 2009 recorded to date, and the same list from FY 2000 through FY 2008.
The web site, http://www.usaspending.gov, holds data up to date as of Dec. 15. The site stems from the Federal Funding Accountability and Transparency Act of 2006 that requires a single searchable web site that the public can access for free that includes a variety of data for each federal award. The site uses data from the Federal Procurement Data System.
For DoD spending, the top five contracting agencies buying were led by the Army, followed by the Navy, Air Force, Defense Logistics Agency and the TRICARE Management, the site said.
The site identifies the top five “known” congressional districts where work is done as led by Virginia’s 8th district (Rep. James Moran, D), followed by Texas 12th district (Rep. Kay Granger, R); Missouri’s 1st district (William Clay, D); Virginia’s 3rd district (Robert Scott, D); and Connecticut’s 3rd district (Rosa DeLauro, D).
The site also tracked the top five products or services sold aircraft, $18.6 billion; combat, assault and tracked tactical vehicles, $13.7 billion; liquid propellants and petroleum based fuels at $10.4 billion; wheeled trucks and truck tractors at $8.5 billion and general health care services at $8.2 billion.
DoD contracts rose steadily from $133 billion in 2000 to $319 billion in 2007, dropping to $319 billion in 2008.