05.30.06
The Top 100 Contractors: A Billionaire’s Club
Hey! Who wouldn’t want to be a member of this club! I know that I am all ready to sign up! Ok, so you probably have to be Donald Trump or Bill Gates to be a member. Well, there are some other members too! Washington Technology recently released their list of the Top 100 contractors. Guess who tops the list? Lockheed Martin tops the list again. Lockheed is followed by Northrop Grumman and SAIC which round out the top three. What do these companies have in common? They like many of the other companies on the list have reached or are close to reaching the 1 billion in revenue mark. A recent market research study found that federal health IT initiatives are increasing amongst the contracting sector. As a result, federal health care initiatives will total $167 million dollars this year. Prime contractors are jumping at this opportunity to expand their services and business ventures in this sector. In addition, contractors are expanding their efforts related to homeland security. The recent DHS Secure Border initiative is expected to be worth over $2 billion dollars.
Please read the article and post your comments. “The billion dollar club” Article written by Roseanne Gerin, Washington Technology Staff Writer (05/15/06).
Source: Washington Technology
