Formerly known as British Aerospace, BAE Systems has grown into one of the world’s largest aviation and weapons companies, with major operations not only in the United Kingdom but also in Australia, South Africa, Sweden, Saudi Arabia and the United States, where it is now one of the Pentagon’s largest contractors. BAE is one of the top producers of armored combat vehicles such as the Bradley Fighting Vehicle (widely used by the U.S. military in Iraq), but the company also produces fighter planes, missiles, nuclear submarines, military electronics and other tools of war.
weapons
BAE Systems
Company Snapshot:
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Lockheed Martin
Company Snapshot:
Lockheed Martin’s slogan is “we never forget who we’re working for.” That’s not difficult, given that the company receives some 84 percent of its revenue from the U.S. government, mostly the Pentagon. It is the largest federal contractor and the largest weapons producer in the world. It trails Boeing, United Technologies and EADS in total revenues, but those companies, unlike Lockheed Martin, have substantial revenue from civilian products. Most of the 16 percent of Lockheed’s revenues that doesn’t come from Uncle Sam comes from foreign governments.
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