The top 9 biggest defense contractors in America by David Choi on May 25, 2016, 1:15 PM Advertisement
 As a general in World War II, President Dwight D. Eisenhower intimately knew how to lead and manage the armed forces. After years of public service, he prepared to leave his position as the Commander in Chief with a final farewell address to the nation. In this farewell address, he outlined the dangers of what he coined as the "military industrial complex." Although Eisenhower could have been unwavering in his argument, one cannot deny the amazing advancements, or the destructive power, that military R&D has created. Military research and development has now paved the way for medical achievements and other inventions that have reshaped the world. The following figures from 2015 were compiled by the US General Services Administration and are publicly available. SEE ALSO: Here's how the US military spends its billions 1. Lockheed Martin Corporation  Amount obligated: $29.4 billion Contracts awarded: 66,353 Employees: 126,000 Current work: $528 million project for interceptors in the Terminal High Altitude Area Defense (THAAD) missile defense-contract. The purpose of the THAAD system is for protection from short to medium-range ballistic missile attacks.
2. The Boeing Company  Amount obligated: $14.6 billion Contracts awarded: 12,645 Employees: 148,750 Current work: $897.5 million for additional EA-18Gs and associated airborne electronic attack kits. The "Growler" is supposed to provide tactical jamming and electronic protection for military personnel.
3. Raytheon Company  Amount obligated: $12.3 billion Contracts awarded: 10,000 Employees: 61,000 Current work: $31.8 million contract for 464 Excalibur extended-range precision projectiles. Using its GPS capabilities, the Excalibur is considered to be the longest-range, most precise, cannon-fired projectile in the world.
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