Title:Defense Industry
Author:TAOnline.com
Date:January 2021
HIRING MILITARY FOR THE DEFENSE INDUSTRY
National security ultimately depends on protecting science and industry; as a result hiring military with security clearances is commonplace among companies working on defense-related projects. It does not make a difference if the company is holding a government contract or not; any R&D venture needs to be protected. With a military hire, companies tap into the largest source for security cleared personnel available. There are over 200,000 military personnel transitioning out of the service each year. These defense industry jobs generally require background checks due to the sensitive nature of the materials the individual handles on a daily basis; this is when companies recognize the value of hiring military members as they transition out of the service.
National security ultimately depends on protecting science and industry, so lots of security clearances are involved with companies working on defense-related projects. It doesn't matter if the company is holding a government contract or not; any R&D venture needs to be protected. The frequency of companies holding regular government contracts is growing, however. Here's a top 15 list:
| Rank | Name | Country | Defense Revenue (US$ billion) |
|---|---|---|---|
| 1 | Lockheed Martin | USA | 56.6 |
| 2 | Boeing | USA | 34.0 |
| 3 | General Dynamics | USA | 29.5 |
| 4 | Northrop Grumman | USA | 28.6 |
| 5 | Raytheon Technologies | USA | 27.4 |
| 7 | BAE Systems | U.K. | 21.0 |
| 9 | L3Harris Technologies | USA | 13.9 |
| 10 | United Technologies Corp | USA | 13.0 |
| 19 | Huntington Ingalls Industries | USA | 8.1 |
| 23 | Leidos | USA | 5.4 |
| 25 | Honeywell | USA | 5.3 |
| 26 | Booz Allen Hamilton | USA | 5.2 |
| 29 | GE Aviation | USA | 4.4 |
| 34 | CACI International Inc. | USA | 3.5 |
| 36 | SAIC | USA | 3.3 |
| 37 | Perspecta Inc. | USA | 3.3 |
