Back to news

August 17, 2020 | International, Aerospace, Naval, Land, C4ISR, Security

The list is here: Find out how global defense companies performed in FY19

By:

The adage is that it is difficult for an aircraft carrier to turn on a dime.

The same could be said for the defense industry or Pentagon budgets and as such, the Defense News Top 100 list.

Changes are slow and can take time to appear on our list. For example, for the first time, this year's list reflects the result of the L3-Harris merger. L3, ranked 18th on last year's list, and Harris, ranked 26th a year ago, merged to form what everyone expected: one of the world's largest defense corporations in L3Harris Technologies, ranked 9th on our list.

Next year, observers will see the results of the merger between Raytheon, ranked 5th on this year's list, and United Technologies Corp., ranked 10th on this year's list.

Thematically, the shifts that defense and military leaders have spent years discussing are becoming fully reflected in industry. China's heavy investments in defense are becoming evident by the inclusion of Aviation Industry Corporation of China (6th), China North Industries Group Corporation Limited (8th), and China Aerospace Science and Industry Corporation (11th) on this year's list. The role of integration and communication tools is becoming more important, as is evidenced by Leidos, Peraton and Perspecta's inclusion. Medium-sized businesses are becoming increasingly critical players.

And, for years, U.S. military leaders have heard from Silicon Valley startups that it remains too difficult to break into the defense market in a meaningful way. Advocates will likely point by how few are in the list. Other companies have complained that the big primes have too much of a lock on Pentagon contracts, perhaps seen in how the top five bring in more than twice the revenue of the next five.

Each year, the Defense News Top 100 is part art, part science. Every year, the Defense News team tries to push it a bit closer to science. This year's list, like years past, is a snapshot of what's happening in defense markets and maybe, just maybe, a hint of what's to come.

https://www.defensenews.com/top-100/2020/08/17/the-list-is-here-find-out-how-global-defense-companies-performed-in-fy19/

On the same subject

  • North Korean Hackers Moonstone Sleet Push Malicious JS Packages to npm Registry

    August 6, 2024 | International, C4ISR, Security

    North Korean Hackers Moonstone Sleet Push Malicious JS Packages to npm Registry

    North Korean hackers Moonstone Sleet push malicious npm packages targeting Windows. Datadog uncovers cyber threats using fake JavaScript libraries.

  • Selected by Austal USA to supply propulsion system to the latest ship in the United States Coast Guard

    April 15, 2024 | International, Naval

    Selected by Austal USA to supply propulsion system to the latest ship in the United States Coast Guard

    This initial contract is to supply Kongsberg Maritime equipment for the fifth ship, Coast Guard Cutter Pickering, which is the first to be built by Austal USA at their yard...

  • States Turn To National Guard To Help Protect Future Elections From Hackers

    April 23, 2018 | International, C4ISR, Security

    States Turn To National Guard To Help Protect Future Elections From Hackers

    DAVE MISTICH In elections past, the integrity of the vote was protected by poll workers and election officials. But in 2018 and likely beyond, elections are being protected by people like the anonymous man who works in the basement of the West Virginia Capitol. He's member of the West Virginia National Guard who is a cybersecurity specialist responsible for monitoring any computer-related threats to the state's elections. Since August of last year, he's been attached full time to the office of Secretary of State Mac Warner. After Russian-backed hackers probed election-related systems in at least 21 states in 2016, election officials, whose focus has traditionally been on making sure that polling places run smoothly and that results are speedily reported, now have to focus on protecting their computer systems. Oftentimes lacking those resources in-house, National Guard specialists have been called in to monitor vital election systems in a handful of additional states, including Colorado, Ohio and South Carolina. Neither the West Virginia National Guard nor Warner's office would permit the soldier to speak on the record, but Warner emphasized how crucial the role is. "We, just like every other government entity and people in business, are getting pinged all the time. Somebody is checking to see are there any open doors [or] open windows for targets of opportunity," Warner said. Warner's current use of the National Guard builds upon his predecessor, Natalie Tennant, who enlisted their cybersecurity expertise to scan the state's election systems for vulnerabilities and patch them in the final stretch of the 2016 election. In January 2017, the outgoing Obama administration designated elections as part of the country's critical infrastructure. That meant new federal resources and scrutiny. The Department of Homeland Security is working to give security clearances to state officials so they can receive intelligence briefings and assessments. Warner, like other state-level election officials, is in the middle of a months-long process of getting cleared. Using Guard soldiers who already have a high-level clearance, "is a way to bridge the gap without causing a problem in that security system process," said West Virginia National Guard Adjutant General James Hoyer. State officials are trying to figure out how to prepare for a threat they had never before anticipated, said Eric Rosenbach, a former Defense Department official who now directs a program on election security at Harvard's Belfer Center for Science and International Affairs. "These state election officials are the pointy tip of the spear for nation-state actors like the Russians trying to attack our democracy. That's never before been their job," said Rosenbach. "If part of [the National Guard's] responsibilities is to protect the things most precious to a state — it kind of makes sense that you would want them to support an effort like that." While the regular military can't be involved in domestic law enforcement due to a post-Civil War federal law known as Posse comitatus, National Guard soldiers are under the jurisdiction of the governor unless they're activated by the federal government. "The threat is new and we need to evolve with the times — as long as it still fits in the right legal framework and we're doing something that, you know, all Americans would agree are part of our democratic traditions," Rosenbach said. Moving forward, Warner sees his office's partnership with the National Guard continuing. "The cybersecurity arena is one of those where we as public officials have to get it right every time. The hackers only have to penetrate one time to do substantial damage," Warner said. "So, it's a foot race that we have to stay one step ahead and it never ends. It just goes on and on." So far, the National Guard has monitored a few small local elections in West Virginia and Warner's office says they have yet to receive a threat that has risen to a level of what they called "actionable." With the state's primary election slated for May 8, the Guard's first big election cybersecurity test is already underway. https://www.npr.org/2018/04/11/601201517/states-turn-to-national-guard-to-help-protect-future-elections-from-hackers

All news