Plenty of dry powder

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

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above.

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.

Trending

contracts DB