Plenty of dry powder
30 of the major publicly traded companies in the government market are sitting on $27 billion in cash that could be used to make acquisitions.
Thirty of the major publicly traded companies in the government market are sitting on $27 billion in cash that could be used to make acquisitions, according to an analysis by BB&T Capital Markets/Windsor Group. Here are the top 10 companies in that category:
Company Amount of cash
Boeing Co. $4.8 billion
BAE Systems plc $2.9 billion
Accenture $2.8 billion
Raytheon Co. $2.8 billion
General Dynamics Corp. $2.6 billion
Lockheed Martin Corp. $2.5 billion
Honeywell International Inc. $2.3 billion
Northrop Grumman Corp. $1.0 billion
ITT Corp. $957.3 million
L-3 Communications Holdings Inc. $857 million
Source: BB&T Capital Markets/Windsor Group
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