Wednesday, May 22, 2024

This Is the Largest Defense Contractor in Georgia | Georgia


The U.S. protection funds crowned $850 billion in fiscal 2022, greater than the blended army spending of the subsequent 10 nations blended. This cash is going to fund quite a lot of responsibilities, from operations to payroll for troops and civilian protection team of workers. The bulk of the U.S. army funds, on the other hand, is spent on contracts with corporations in the non-public sector.

The Defense Department does extra industry thru non-public contracts than all different federal businesses blended. The Pentagon depends upon contractors for services and products together with analysis and building, weapon methods procurement, facility repairs, and gear restore. Outsourcing to 3rd events in the non-public sector lets in the executive to extra swiftly and successfully adapt to converting instances and desires – although reliance on contractors additionally raises the attainable for waste, fraud, and abuse.

- Advertisement -

The newest to be had executive information presentations that the Pentagon spent $7.6 billion on non-public sector contracts in Georgia in 2021. No corporate in the state won extra federal protection bucks that 12 months than Lockheed Martin, which introduced in $2.3 billion in army contracts – or 29.9% of all contractor spending in the state.

Other main protection contractors working in Georgia come with Georgia Tech Research Corp., Alberici-Mortenson, JV, and International Auto Logistics, which won $489.4 million, $369.9 million, and $157.9 million, respectively, in 2021.

All information in this tale is from the Defense Department’s record, Defense Spending By State Fiscal Year 2021.

- Advertisement -
State Total contract spending, 2021 ($) Top protection contractor, 2021 Spending on best protection contractor, 2021 ($)
Alabama 12.2 billion Boeing 2.1 billion
Alaska 1.7 billion Arctic Slope Regional Corp. 233.1 million
Arizona 12.3 billion Raytheon Technologies 6.2 billion
Arkansas 1.2 billion Aerojet Rocketdyne 591.3 million
California 40.2 billion Northrop Grumman 4.5 billion
Colorado 8.4 billion Lockheed Martin 2.3 billion
Connecticut 18.4 billion General Dynamics 8.7 billion
Delaware 474.2 million AstraZeneca PLC 287.1 million
Florida 21.7 billion Lockheed Martin 6.3 billion
Georgia 7.6 billion Lockheed Martin 2.3 billion
Hawaii 2.6 billion Hensel Phelps Construction 212.7 million
Idaho 206.4 million Brad Hall & Associates 45.3 million
Illinois 7 billion Northrop Grumman 1.1 billion
Indiana 5.7 billion Eli Lilly and Co. 1.9 billion
Iowa 2.1 billion Raytheon Technologies 1.1 billion
Kansas 1.5 billion Webuild 218.8 million
Kentucky 10.6 billion Humana 7.1 billion
Louisiana 1.7 billion Thoma-Sea Marine Constructors 197.4 million
Maine 2.4 billion General Dynamics 1.1 billion
Maryland 17.9 billion Johns Hopkins University 1.6 billion
Massachusetts 20.1 billion Moderna, Inc. 6.9 billion
Michigan 5.1 billion General Dynamics 2.3 billion
Minnesota 1.5 billion Northrop Grumman 340.7 million
Mississippi 3.8 billion Huntington Ingalls 2 billion
Missouri 10.5 billion Boeing 6.9 billion
Montana 246.8 million S & Okay Technologies 65.7 million
Nebraska 690.6 million Peraton Corp. 97.1 million
Nevada 1.8 billion Sierra Nevada Corp. 396.8 million
New Hampshire 2 billion BAE Systems 1.1 billion
New Jersey 7.3 billion Lockheed Martin 1.6 billion
New Mexico 1.8 billion Applied Research Associates 138.7 million
New York 27.9 billion Pfizer, Inc. 13.3 billion
North Carolina 4.2 billion GlaxoSmithKline 314.5 million
North Dakota 211.4 million Four Tribes Enterprises LLC 20.6 million
Ohio 6.3 billion General Electric 757.5 million
Oklahoma 3 billion Boeing 1.1 billion
Oregon 800 million Vigor Industrial 101 million
Pennsylvania 13.4 billion AmerisourceBergen 2 billion
Rhode Island 756.9 million Raytheon Technologies 177.8 million
South Carolina 3.1 billion Scientific Research Corp. 142.2 million
South Dakota 225.6 million Sterling Computers 75.1 million
Tennessee 2 billion BAE Systems 451.7 million
Texas 35.1 billion Lockheed Martin 13.7 billion
Utah 4.3 billion Northrop Grumman 2.1 billion
Vermont 349.5 million Raytheon Technologies 115.2 million
Virginia 42.6 billion Huntington Ingalls 4.1 billion
Washington 11.7 billion Boeing 7.7 billion
West Virginia 505.4 million Northrop Grumman 293.8 million
Wisconsin 4.5 billion Oshkosh Corp. 2.1 billion
Wyoming 125.1 million M1 Support Services 24.9 million

This article First gave the impression in the center square

More articles

- Advertisement -
- Advertisement -

Latest article