Special Report

The Largest US Military Contractor in Every State

jetcityimage / iStock Editorial via Getty Images

The U.S. defense budget topped $850 billion in fiscal 2022, more than the combined military spending of the next 10 countries combined. This money goes to fund a wide range of obligations, from operations to payroll for troops and civilian defense personnel. The bulk of the U.S. military budget, however, is spent on contracts with companies in the private sector.

The Defense Department does more business through private contracts than all other federal agencies combined. The Pentagon relies on contractors for services including research and development, weapon systems procurement, facility maintenance, and equipment repair. 

Outsourcing to third parties in the private sector allows the government to more rapidly and effectively adapt to changing circumstances and needs – though reliance on contractors also raises the potential for waste, fraud, and abuse. (These are the future weapons the U.S. is spending billions on.)

The latest available government data shows that the Pentagon spent nearly $400 billion on contractors across the 50 states and Washington D.C. in fiscal 2021. Many American companies receive tens of billions of taxpayer dollars each year. 

Using data from the Defense Department’s report, Defense Spending By State Fiscal Year 2021, 24/7 Wall St. identified the largest defense contractors in each state. Within each state, we ranked the top four defense contractors by DOD spending in fiscal 2021. States are listed in order of total Defense Department spending on contracts in fiscal 2021. 

Government spending on military contracts in 2021 varies by state, from $125 million to more than $40 billion. The top American defense companies by annual revenue are Lockheed Martin, Boeing, Northrop Grumman, and Raytheon. These companies have operations across the country, and each ranks among the top four defense contractors in at least eight states. In five states each, Lockheed Martin and Northrop Grumman brought in more money than any other defense contractor in fiscal 2021. 

Through its Texas operations alone, Lockheed, a company that makes Black Hawk helicopters and F-16 fighter jets, brought in a reported $13.7 billion in government contracts in 2021. However, Virginia, home to Naval Station Norfolk, the world’s largest navy base, brings in more revenue through military contracts than any other state. Virginia’s largest contractor is Huntington Ingalls, the only U.S. company that builds nuclear-powered aircraft carriers. (Here is a look at every aircraft carrier in U.S. Navy history.)

Click here to see the US military contractor in each state.

Source: Courtesy of Fluor Corporation via Facebook

50. Wyoming
> Total in-state DOD contractor spending, 2021: $125.1 million
> Largest defense contractor in state: M1 Support Services ($24.9 million in 2021 contracts)
> 2nd largest defense contractor in state: Fluor Corp. ($11.4 million in 2021 contracts)
> 3rd largest defense contractor in state: Broncho Co. ($8.1 million in 2021 contracts)
> 4th largest defense contractor in state: Green Contracting Co., Inc. ($7.9 million in 2021 contracts)

[in-text-ad]

Source: Courtesy of PKL Services, Inc via Facebook

49. Idaho
> Total in-state DOD contractor spending, 2021: $206.4 million
> Largest defense contractor in state: Brad Hall & Associates ($45.3 million in 2021 contracts)
> 2nd largest defense contractor in state: PKL Services ($12.8 million in 2021 contracts)
> 3rd largest defense contractor in state: Bering Sea Environmental LLC ($10.0 million in 2021 contracts)
> 4th largest defense contractor in state: Lightforce ($9.1 million in 2021 contracts)

Source: Courtesy of Strata Corporation via Facebook

48. North Dakota
> Total in-state DOD contractor spending, 2021: $211.4 million
> Largest defense contractor in state: Four Tribes Enterprises LLC ($20.6 million in 2021 contracts)
> 2nd largest defense contractor in state: Strata Corp. ($15.7 million in 2021 contracts)
> 3rd largest defense contractor in state: Earthmovers, Inc. ($15.3 million in 2021 contracts)
> 4th largest defense contractor in state: Gast Construction Co., Inc. ($13.4 million in 2021 contracts)

Source: Courtesy of Sterling Computers via Facebook

47. South Dakota
> Total in-state DOD contractor spending, 2021: $225.6 million
> Largest defense contractor in state: Sterling Computers ($75.1 million in 2021 contracts)
> 2nd largest defense contractor in state: Black Hills Ammunition, Inc. ($27.2 million in 2021 contracts)
> 3rd largest defense contractor in state: Rosenbauer Beteiligungsverwaltung ($16.2 million in 2021 contracts)
> 4th largest defense contractor in state: Walsh Group ($8.6 million in 2021 contracts)

[in-text-ad-2]

Source: Courtesy of S & K Technologies, Inc via Facebook

46. Montana
> Total in-state DOD contractor spending, 2021: $246.8 million
> Largest defense contractor in state: S & K Technologies ($65.7 million in 2021 contracts)
> 2nd largest defense contractor in state: Confederated Salish and Kootenai Tribes ($25.1 million in 2021 contracts)
> 3rd largest defense contractor in state: James Talcott Construction, Inc. ($13.7 million in 2021 contracts)
> 4th largest defense contractor in state: T & L Sales ($12.4 million in 2021 contracts)

Source: in / iStock Editorial via Getty Images

45. Vermont
> Total in-state DOD contractor spending, 2021: $349.5 million
> Largest defense contractor in state: Raytheon Technologies ($115.2 million in 2021 contracts)
> 2nd largest defense contractor in state: Marvell Government Solutions LLC ($74.9 million in 2021 contracts)
> 3rd largest defense contractor in state: General Dynamics ($50.2 million in 2021 contracts)
> 4th largest defense contractor in state: Galvion Ballistics Ltd. ($19.1 million in 2021 contracts)

[in-text-ad]

Source: Bo Shen / iStock Editorial via Getty Images

44. Delaware
> Total in-state DOD contractor spending, 2021: $474.2 million
> Largest defense contractor in state: AstraZeneca PLC ($287.1 million in 2021 contracts)
> 2nd largest defense contractor in state: SNA International ($19.9 million in 2021 contracts)
> 3rd largest defense contractor in state: Custom Mechanical Systems Corp. ($17.0 million in 2021 contracts)
> 4th largest defense contractor in state: Phase Sensitive Innovations ($12.2 million in 2021 contracts)

Source: JHVEPhoto / iStock Editorial via Getty Images

43. West Virginia
> Total in-state DOD contractor spending, 2021: $505.4 million
> Largest defense contractor in state: Northrop Grumman ($293.8 million in 2021 contracts)
> 2nd largest defense contractor in state: Boeing ($57.8 million in 2021 contracts)
> 3rd largest defense contractor in state: AERO International ($20.7 million in 2021 contracts)
> 4th largest defense contractor in state: Raytheon Technologies ($18.1 million in 2021 contracts)

Source: Public Domain / Wikimedia Commons

42. Nebraska
> Total in-state DOD contractor spending, 2021: $690.6 million
> Largest defense contractor in state: Peraton Corp. ($97.1 million in 2021 contracts)
> 2nd largest defense contractor in state: Medvolt Construction Services ($54.5 million in 2021 contracts)
> 3rd largest defense contractor in state: SAIC ($43.6 million in 2021 contracts)
> 4th largest defense contractor in state: Northrop Grumman ($39.8 million in 2021 contracts)

[in-text-ad-2]

Source: jetcityimage / iStock Editorial via Getty Images

41. Rhode Island
> Total in-state DOD contractor spending, 2021: $756.9 million
> Largest defense contractor in state: Raytheon Technologies ($177.8 million in 2021 contracts)
> 2nd largest defense contractor in state: Systems Engineering Associates ($60.8 million in 2021 contracts)
> 3rd largest defense contractor in state: McLaughlin Research Corp. ($39.7 million in 2021 contracts)
> 4th largest defense contractor in state: Rite-Solutions ($34.6 million in 2021 contracts)

40. Oregon
> Total in-state DOD contractor spending, 2021: $800.0 million
> Largest defense contractor in state: Vigor Industrial ($101.0 million in 2021 contracts)
> 2nd largest defense contractor in state: EPIC Aviation ($71.6 million in 2021 contracts)
> 3rd largest defense contractor in state: Teledyne Technologies ($70.5 million in 2021 contracts)
> 4th largest defense contractor in state: TTM Technologies ($47.7 million in 2021 contracts)

[in-text-ad]

Source: JHVEPhoto / iStock Editorial via Getty Images

39. Arkansas
> Total in-state DOD contractor spending, 2021: $1.2 billion
> Largest defense contractor in state: Aerojet Rocketdyne ($591.3 million in 2021 contracts)
> 2nd largest defense contractor in state: Lockheed Martin ($180.9 million in 2021 contracts)
> 3rd largest defense contractor in state: General Dynamics ($120.6 million in 2021 contracts)
> 4th largest defense contractor in state: LS Black Constructors/Loeffel Construction, JV ($28.1 million in 2021 contracts)

Source: Sundry Photography / iStock Editorial via Getty Images

38. Minnesota
> Total in-state DOD contractor spending, 2021: $1.5 billion
> Largest defense contractor in state: Northrop Grumman ($340.7 million in 2021 contracts)
> 2nd largest defense contractor in state: BAE Systems ($274.9 million in 2021 contracts)
> 3rd largest defense contractor in state: Cummins ($98.1 million in 2021 contracts)
> 4th largest defense contractor in state: 3M ($77.7 million in 2021 contracts)

Source: Public Domain / Wikimedia Commons

37. Kansas
> Total in-state DOD contractor spending, 2021: $1.5 billion
> Largest defense contractor in state: Webuild ($218.8 million in 2021 contracts)
> 2nd largest defense contractor in state: Leading Technology Composites ($107.8 million in 2021 contracts)
> 3rd largest defense contractor in state: Fleetcor Technologies, Inc. ($87.4 million in 2021 contracts)
> 4th largest defense contractor in state: Northrop Grumman ($80.4 million in 2021 contracts)

[in-text-ad-2]

Source: Courtesy of Swiftships via Facebook

36. Louisiana
> Total in-state DOD contractor spending, 2021: $1.7 billion
> Largest defense contractor in state: Thoma-Sea Marine Constructors ($197.4 million in 2021 contracts)
> 2nd largest defense contractor in state: Placid Refining Co. ($94.8 million in 2021 contracts)
> 3rd largest defense contractor in state: Nova Global Supply and Services ($64.7 million in 2021 contracts)
> 4th largest defense contractor in state: Swiftships ($62.1 million in 2021 contracts)

Source: reisegraf / Getty Images

35. Alaska
> Total in-state DOD contractor spending, 2021: $1.7 billion
> Largest defense contractor in state: Arctic Slope Regional Corp. ($233.1 million in 2021 contracts)
> 2nd largest defense contractor in state: Doyon Limited ($94.3 million in 2021 contracts)
> 3rd largest defense contractor in state: Indyne ($62.1 million in 2021 contracts)
> 4th largest defense contractor in state: ARCTEC Alaska, JV ($52.1 million in 2021 contracts)

[in-text-ad]

Source: Courtesy of Sierra Nevada Corporation via Facebook

34. Nevada
> Total in-state DOD contractor spending, 2021: $1.8 billion
> Largest defense contractor in state: Sierra Nevada Corp. ($396.8 million in 2021 contracts)
> 2nd largest defense contractor in state: JT4 ($321.6 million in 2021 contracts)
> 3rd largest defense contractor in state: Huntington Ingalls ($117.4 million in 2021 contracts)
> 4th largest defense contractor in state: M1 Support Services ($91.9 million in 2021 contracts)

Source: Courtesy of Rhino Health Inc via Facebook

33. New Mexico
> Total in-state DOD contractor spending, 2021: $1.8 billion
> Largest defense contractor in state: Applied Research Associates ($138.7 million in 2021 contracts)
> 2nd largest defense contractor in state: Rhino Health LLC ($126.0 million in 2021 contracts)
> 3rd largest defense contractor in state: Fluor Corp. ($105.7 million in 2021 contracts)
> 4th largest defense contractor in state: Southwest Range Services ($69.4 million in 2021 contracts)

Source: Public Domain / Wikimedia Commons

32. New Hampshire
> Total in-state DOD contractor spending, 2021: $2.0 billion
> Largest defense contractor in state: BAE Systems ($1.1 billion in 2021 contracts)
> 2nd largest defense contractor in state: L3Harris Technologies ($102.9 million in 2021 contracts)
> 3rd largest defense contractor in state: Methuen Construction ($62.6 million in 2021 contracts)
> 4th largest defense contractor in state: Renco Corp. ($48.1 million in 2021 contracts)

[in-text-ad-2]

Source: my_public_domain_photos / Flickr

31. Tennessee
> Total in-state DOD contractor spending, 2021: $2.0 billion
> Largest defense contractor in state: BAE Systems ($451.7 million in 2021 contracts)
> 2nd largest defense contractor in state: Bechtel Group ($277.4 million in 2021 contracts)
> 3rd largest defense contractor in state: FedEx ($239.2 million in 2021 contracts)
> 4th largest defense contractor in state: Chemring Group ($88.7 million in 2021 contracts)

Source: nuttapong / iStock Editorial via Getty Images

30. Iowa
> Total in-state DOD contractor spending, 2021: $2.1 billion
> Largest defense contractor in state: Raytheon Technologies ($1.1 billion in 2021 contracts)
> 2nd largest defense contractor in state: BAE Systems/Raytheon Technologies ($310.0 million in 2021 contracts)
> 3rd largest defense contractor in state: Lockheed Martin ($199.0 million in 2021 contracts)
> 4th largest defense contractor in state: American Ordnance ($120.0 million in 2021 contracts)

[in-text-ad]

29. Maine
> Total in-state DOD contractor spending, 2021: $2.4 billion
> Largest defense contractor in state: General Dynamics ($1.1 billion in 2021 contracts)
> 2nd largest defense contractor in state: Martin’s Point Health Care ($392.3 million in 2021 contracts)
> 3rd largest defense contractor in state: Puritan Medical Products ($267.5 million in 2021 contracts)
> 4th largest defense contractor in state: Elscott Manufacturing LLC ($104.9 million in 2021 contracts)

Source: Sundry Photography / iStock Editorial via Getty Images

28. Hawaii
> Total in-state DOD contractor spending, 2021: $2.6 billion
> Largest defense contractor in state: Hensel Phelps Construction ($212.7 million in 2021 contracts)
> 2nd largest defense contractor in state: Smartronix ($107.8 million in 2021 contracts)
> 3rd largest defense contractor in state: Vigor Industrial ($81.1 million in 2021 contracts)
> 4th largest defense contractor in state: MNDPI Pacific, JV ($69.3 million in 2021 contracts)

27. Oklahoma
> Total in-state DOD contractor spending, 2021: $3.0 billion
> Largest defense contractor in state: Boeing ($1.1 billion in 2021 contracts)
> 2nd largest defense contractor in state: L3Harris Technologies ($157.8 million in 2021 contracts)
> 3rd largest defense contractor in state: Cherokee Nation ($74.3 million in 2021 contracts)
> 4th largest defense contractor in state: Cymstar ($72.3 million in 2021 contracts)

[in-text-ad-2]

Source: Public Domain / Wikimedia Commons

26. South Carolina
> Total in-state DOD contractor spending, 2021: $3.1 billion
> Largest defense contractor in state: Scientific Research Corp. ($142.2 million in 2021 contracts)
> 2nd largest defense contractor in state: Amentum Services, Inc. ($115.9 million in 2021 contracts)
> 3rd largest defense contractor in state: UNAKA Corp. ($107.2 million in 2021 contracts)
> 4th largest defense contractor in state: Detyens Shipyards ($94.6 million in 2021 contracts)

Source: 39955793@N07 / Flickr

25. Mississippi
> Total in-state DOD contractor spending, 2021: $3.8 billion
> Largest defense contractor in state: Huntington Ingalls ($2.0 billion in 2021 contracts)
> 2nd largest defense contractor in state: L3Harris Technologies ($741.1 million in 2021 contracts)
> 3rd largest defense contractor in state: ST Engineering ($190.7 million in 2021 contracts)
> 4th largest defense contractor in state: Raytheon Technologies ($106.2 million in 2021 contracts)

[in-text-ad]

Source: Wirestock / iStock Editorial via Getty Images

24. North Carolina
> Total in-state DOD contractor spending, 2021: $4.2 billion
> Largest defense contractor in state: GlaxoSmithKline ($314.5 million in 2021 contracts)
> 2nd largest defense contractor in state: Booz Allen Hamilton ($207.1 million in 2021 contracts)
> 3rd largest defense contractor in state: Walsh Group ($151.1 million in 2021 contracts)
> 4th largest defense contractor in state: RC Construction Co.-Millstone Weber, JV ($81.6 million in 2021 contracts)

Source: my_public_domain_photos / Flickr

23. Utah
> Total in-state DOD contractor spending, 2021: $4.3 billion
> Largest defense contractor in state: Northrop Grumman ($2.1 billion in 2021 contracts)
> 2nd largest defense contractor in state: L3Harris Technologies ($625.0 million in 2021 contracts)
> 3rd largest defense contractor in state: Carahsoft Technology ($102.9 million in 2021 contracts)
> 4th largest defense contractor in state: Utah State University ($99.5 million in 2021 contracts)

22. Wisconsin
> Total in-state DOD contractor spending, 2021: $4.5 billion
> Largest defense contractor in state: Oshkosh Corp. ($2.1 billion in 2021 contracts)
> 2nd largest defense contractor in state: Fincantieri Group ($562.4 million in 2021 contracts)
> 3rd largest defense contractor in state: National Presto Industries ($251.1 million in 2021 contracts)
> 4th largest defense contractor in state: Enpro Industries, Inc. ($99.5 million in 2021 contracts)

[in-text-ad-2]

Source: my_public_domain_photos / Flickr

21. Michigan
> Total in-state DOD contractor spending, 2021: $5.1 billion
> Largest defense contractor in state: General Dynamics ($2.3 billion in 2021 contracts)
> 2nd largest defense contractor in state: Rolls-Royce Solutions America ($194.0 million in 2021 contracts)
> 3rd largest defense contractor in state: Williams International Co. LLC ($161.1 million in 2021 contracts)
> 4th largest defense contractor in state: ManTech ($145.4 million in 2021 contracts)

Source: jetcityimage / iStock Editorial via Getty Images

20. Indiana
> Total in-state DOD contractor spending, 2021: $5.7 billion
> Largest defense contractor in state: Eli Lilly and Co. ($1.9 billion in 2021 contracts)
> 2nd largest defense contractor in state: Rolls-Royce ($1.0 billion in 2021 contracts)
> 3rd largest defense contractor in state: Raytheon Technologies ($469.1 million in 2021 contracts)
> 4th largest defense contractor in state: AM General ($326.6 million in 2021 contracts)

[in-text-ad]

Source: Mike Simons / Getty Images

19. Ohio
> Total in-state DOD contractor spending, 2021: $6.3 billion
> Largest defense contractor in state: General Electric ($757.5 million in 2021 contracts)
> 2nd largest defense contractor in state: BAE Systems ($334.7 million in 2021 contracts)
> 3rd largest defense contractor in state: CFM International ($301.9 million in 2021 contracts)
> 4th largest defense contractor in state: Federal Equipment Co. ($184.7 million in 2021 contracts)

Source: Jorge Villalba / iStock Unreleased via Getty Images

18. Illinois
> Total in-state DOD contractor spending, 2021: $7.0 billion
> Largest defense contractor in state: Northrop Grumman ($1.1 billion in 2021 contracts)
> 2nd largest defense contractor in state: BP ($591.2 million in 2021 contracts)
> 3rd largest defense contractor in state: Cardinal Health ($517.9 million in 2021 contracts)
> 4th largest defense contractor in state: W.S. Darley & Co. ($426.9 million in 2021 contracts)

Source: my_public_domain_photos / Flickr

17. New Jersey
> Total in-state DOD contractor spending, 2021: $7.3 billion
> Largest defense contractor in state: Lockheed Martin ($1.6 billion in 2021 contracts)
> 2nd largest defense contractor in state: Merck & Co., Inc. ($1.2 billion in 2021 contracts)
> 3rd largest defense contractor in state: Arctic Slope Regional Corp. ($597.8 million in 2021 contracts)
> 4th largest defense contractor in state: SAIC ($422.8 million in 2021 contracts)

[in-text-ad-2]

Source: KuntalSaha / iStock Editorial via Getty Images

16. Georgia
> Total in-state DOD contractor spending, 2021: $7.6 billion
> Largest defense contractor in state: Lockheed Martin ($2.3 billion in 2021 contracts)
> 2nd largest defense contractor in state: Georgia Tech Research Corp. ($489.4 million in 2021 contracts)
> 3rd largest defense contractor in state: Alberici-Mortenson, JV ($369.9 million in 2021 contracts)
> 4th largest defense contractor in state: International Auto Logistics ($157.9 million in 2021 contracts)

Source: my_public_domain_photos / Flickr

15. Colorado
> Total in-state DOD contractor spending, 2021: $8.4 billion
> Largest defense contractor in state: Lockheed Martin ($2.3 billion in 2021 contracts)
> 2nd largest defense contractor in state: United Launch Alliance ($632.9 million in 2021 contracts)
> 3rd largest defense contractor in state: Sierra Nevada Corp. ($463.7 million in 2021 contracts)
> 4th largest defense contractor in state: Raytheon Technologies ($389.0 million in 2021 contracts)

[in-text-ad]

Source: sanfel / iStock Editorial via Getty Images

14. Missouri
> Total in-state DOD contractor spending, 2021: $10.5 billion
> Largest defense contractor in state: Boeing ($6.9 billion in 2021 contracts)
> 2nd largest defense contractor in state: Express Scripts ($742.5 million in 2021 contracts)
> 3rd largest defense contractor in state: Leonardo SpA ($476.5 million in 2021 contracts)
> 4th largest defense contractor in state: World Wide Technology ($414.6 million in 2021 contracts)

Source: wellesenterprises / iStock Editorial via Getty Images

13. Kentucky
> Total in-state DOD contractor spending, 2021: $10.6 billion
> Largest defense contractor in state: Humana ($7.1 billion in 2021 contracts)
> 2nd largest defense contractor in state: Walsh-Turner, JV II ($840.1 million in 2021 contracts)
> 3rd largest defense contractor in state: Lockheed Martin ($619.9 million in 2021 contracts)
> 4th largest defense contractor in state: Bechtel Parsons Blue Grass, JV ($373.2 million in 2021 contracts)

Source: camacho9999 / iStock Unreleased via Getty Images

12. Washington
> Total in-state DOD contractor spending, 2021: $11.7 billion
> Largest defense contractor in state: Boeing ($7.7 billion in 2021 contracts)
> 2nd largest defense contractor in state: ANA Holdings, Inc. ($980.7 million in 2021 contracts)
> 3rd largest defense contractor in state: General Dynamics ($244.1 million in 2021 contracts)
> 4th largest defense contractor in state: Parker-Hannifin ($221.8 million in 2021 contracts)

[in-text-ad-2]

11. Alabama
> Total in-state DOD contractor spending, 2021: $12.2 billion
> Largest defense contractor in state: Boeing ($2.1 billion in 2021 contracts)
> 2nd largest defense contractor in state: Northrop Grumman ($804.6 million in 2021 contracts)
> 3rd largest defense contractor in state: SAIC ($590.4 million in 2021 contracts)
> 4th largest defense contractor in state: M1 Support Services ($500.6 million in 2021 contracts)

Source: JHVEPhoto / iStock Editorial via Getty Images

10. Arizona
> Total in-state DOD contractor spending, 2021: $12.3 billion
> Largest defense contractor in state: Raytheon Technologies ($6.2 billion in 2021 contracts)
> 2nd largest defense contractor in state: Northrop Grumman ($1.3 billion in 2021 contracts)
> 3rd largest defense contractor in state: Boeing ($1.2 billion in 2021 contracts)
> 4th largest defense contractor in state: Honeywell ($905.9 million in 2021 contracts)

[in-text-ad]

Source: jetcityimage / iStock Editorial via Getty Images

9. Pennsylvania
> Total in-state DOD contractor spending, 2021: $13.4 billion
> Largest defense contractor in state: AmerisourceBergen ($2.0 billion in 2021 contracts)
> 2nd largest defense contractor in state: Bechtel Group ($2.0 billion in 2021 contracts)
> 3rd largest defense contractor in state: Fluor Corp. ($1.4 billion in 2021 contracts)
> 4th largest defense contractor in state: Boeing ($951.2 million in 2021 contracts)

Source: UmerPK / iStock Editorial via Getty Images

8. Maryland
> Total in-state DOD contractor spending, 2021: $17.9 billion
> Largest defense contractor in state: Johns Hopkins University ($1.6 billion in 2021 contracts)
> 2nd largest defense contractor in state: Northrop Grumman ($1.3 billion in 2021 contracts)
> 3rd largest defense contractor in state: Leidos ($727.3 million in 2021 contracts)
> 4th largest defense contractor in state: Lockheed Martin ($705.3 million in 2021 contracts)

Source: Spencer Platt / Getty Images

7. Connecticut
> Total in-state DOD contractor spending, 2021: $18.4 billion
> Largest defense contractor in state: General Dynamics ($8.7 billion in 2021 contracts)
> 2nd largest defense contractor in state: Lockheed Martin ($4.7 billion in 2021 contracts)
> 3rd largest defense contractor in state: Raytheon Technologies ($3.9 billion in 2021 contracts)
> 4th largest defense contractor in state: MB Aerospace East Granby LP ($46.4 million in 2021 contracts)

[in-text-ad-2]

Source: hapabapa / iStock Editorial via Getty Images

6. Massachusetts
> Total in-state DOD contractor spending, 2021: $20.1 billion
> Largest defense contractor in state: Moderna, Inc. ($6.9 billion in 2021 contracts)
> 2nd largest defense contractor in state: Raytheon Technologies ($4.1 billion in 2021 contracts)
> 3rd largest defense contractor in state: General Electric ($2.0 billion in 2021 contracts)
> 4th largest defense contractor in state: Massachusetts Institute of Technology ($1.2 billion in 2021 contracts)

5. Florida
> Total in-state DOD contractor spending, 2021: $21.7 billion
> Largest defense contractor in state: Lockheed Martin ($6.3 billion in 2021 contracts)
> 2nd largest defense contractor in state: Abbott Laboratories ($1.7 billion in 2021 contracts)
> 3rd largest defense contractor in state: Northrop Grumman ($1.4 billion in 2021 contracts)
> 4th largest defense contractor in state: L3Harris Technologies ($476.9 million in 2021 contracts)

[in-text-ad]

Source: Jeenah Moon / Getty Images News via Getty Images

4. New York
> Total in-state DOD contractor spending, 2021: $27.9 billion
> Largest defense contractor in state: Pfizer, Inc. ($13.3 billion in 2021 contracts)
> 2nd largest defense contractor in state: Regeneron Pharmaceuticals, Inc. ($5.6 billion in 2021 contracts)
> 3rd largest defense contractor in state: Lockheed Martin ($2.4 billion in 2021 contracts)
> 4th largest defense contractor in state: L3Harris Technologies ($1.4 billion in 2021 contracts)

Source: JHVEPhoto / iStock Editorial via Getty Images

3. Texas
> Total in-state DOD contractor spending, 2021: $35.1 billion
> Largest defense contractor in state: Lockheed Martin ($13.7 billion in 2021 contracts)
> 2nd largest defense contractor in state: McKesson ($3.0 billion in 2021 contracts)
> 3rd largest defense contractor in state: Bell Boeing Joint Project Office ($2.4 billion in 2021 contracts)
> 4th largest defense contractor in state: L3Harris Technologies ($2.1 billion in 2021 contracts)

Source: Sundry Photography / iStock Editorial via Getty Images

2. California
> Total in-state DOD contractor spending, 2021: $40.2 billion
> Largest defense contractor in state: Northrop Grumman ($4.5 billion in 2021 contracts)
> 2nd largest defense contractor in state: Centene Corp. ($3.2 billion in 2021 contracts)
> 3rd largest defense contractor in state: Boeing ($3.0 billion in 2021 contracts)
> 4th largest defense contractor in state: Lockheed Martin ($2.5 billion in 2021 contracts)

[in-text-ad-2]

Source: U.S. Navy / Getty Images

1. Virginia
> Total in-state DOD contractor spending, 2021: $42.6 billion
> Largest defense contractor in state: Huntington Ingalls ($4.1 billion in 2021 contracts)
> 2nd largest defense contractor in state: Leidos ($1.5 billion in 2021 contracts)
> 3rd largest defense contractor in state: Northrop Grumman ($1.3 billion in 2021 contracts)
> 4th largest defense contractor in state: General Dynamics ($1.2 billion in 2021 contracts)

Smart Investors Are Quietly Loading Up on These “Dividend Legends”

If you want your portfolio to pay you cash like clockwork, it’s time to stop blindly following conventional wisdom like relying on Dividend Aristocrats. There’s a better option, and we want to show you. We’re offering a brand-new report on 2 stocks we believe offer the rare combination of a high dividend yield and significant stock appreciation upside. If you’re tired of feeling one step behind in this market, this free report is a must-read for you.

Click here to download your FREE copy of “2 Dividend Legends to Hold Forever” and start improving your portfolio today.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.