Friday, Jun. 28, 1968
DEFENSE: THE TOP 100
National Defense, which includes the war in Viet Nam, is costing the U.S. about $75 billion a year--of which $39 billion goes directly to the U.S. corporations and institutions that are the Government's prime suppliers. As of last week, a Senate subcommittee was holding hearings in an attempt to find out whether there is any profiteering. As an aid to the subcommittee, the Defense Department listed the latest ranking of the top 100 companies and institutions that do business with it:
1. McDonnell Douglas Corp.
2. General Dynamics Corp.
3. Lockheed Aircraft Corp.
4. General Electric Co.
5. United Aircraft Corp.
6. Boeing Co.
7. North American Aviation, Inc.
8. American Telephone & Telegraph Co.
9. General Motors Corp.
10. Ling-Temco-Vought, Inc.
11. Textron Inc.
12. Grumman Aircraft Engineering Corp.
13. Sperry Rand Corp.
14. RMK-BRJ (a joint venture of Raymond International Inc.; Morrison-Knudsen Co., Inc.; Brown & Root, Inc.; and J.A. Jones Construction Co.)
15. Westinghouse Electric Corp.
16. Avco Corp.
17. Hughes Aircraft Co.
18. Ford Motor Co.
19. Raytheon Co.
20. Honeywell Inc.
21. Northrop Corp.
22. Kaiser Industries Corp.
23. Bendix Corp.
24. Martin-Marietta Corp.
25. Ryan Aeronautical Co.
26. General Tire & Rubber Co.
27. Radio Corp. of America
28. International Telephone and Telegraph Corp.
29. Ogden Corp.
30. Standard Oil Co. (New Jersey)
31. Unircyal, Inc.
32. Collins Radio Co.
33. Hercules Incorporated
34. International Business Machines Corp.
35. Newport News Shipbuilding & Dry Dock Co.
36. Litton Industries, Inc.
37. E.I. du Pont de Nemours & Co.
38. Thiokol Chemical Corp.
39. FMC Corp.
40. Chrysler Corp.
41. Goodyear Tire & Rubber Co.
42. Olin Mathieson Chemical Corp.
43. Standard Oil Co. of California 44. Day & Zimmermann, Inc.
45. General Telephone & Electronics Corp.
46. Morrison-Knuds n Co., Inc.
47. Norris Industries, Inc.
48. General Precision Equipment Corp.
49. Texaco Inc.
50. Sanders Associates, Inc.
51. TRW Inc.
52. Asiatic Petroleum Corp.
53. Signal Oil and Gas Co.
54. Harvey Aluminum, Inc.
55. Pan American World Airways, Inc.
56. Mobil Oil Corp.
57. Eastman Kodak Co.
58. Mason & Hanger-Silas Mason Co.
59. Pacific Architects & Engineers, Inc.
60. Lear Siegler, Inc.
61. Magnavox Co.
62. Massachusetts Institute of Technology
63. American Machine & Foundry Co.
64. Texas Instruments Incorporated
65. Fairchild Hiller Corp.
66. Curtiss-Wright Corp.
67. Teledyne, Inc.
68. Dillingham Overseas Corporation and H.B. Zachry Co.
69. Chamberlain Corp.
70. Flying Tiger Line, Inc.
71. International Harvester Co.
72. Federal Cartridge Corp.
73. Johns Hopkins University
74. Aerospace Corp.
75. Dow Chemical Co.
76. Continental Air Lines, Inc.
77. White Motor Corp.
78. Condec Corp.
79. Western Union Telegraph Co.
80. The Emerson Electric Co.
81. Firestone Tire & Rubber Co.
82. Bethlehem Steel Corp.
83. Airlift International, Inc.
84. Hughes Tool Co.
85. Cessna Aircraft Co.
86. Atlantic Research Corp.
87. Sverdrup & Parcel & Associates, Inc.
88. American Mfg. Co. of Texas
89. J.P. Stevens & Co., Inc.
90. Vinnell Corp.
91. Westinghouse Air Brake Co.
92. System Development Corporation
93. Northwest Airlines, Inc.
94. Gulf Oil Corp.
95. Smith Investment Co.
96. Motorola, Inc.
97. Cities Service Co.
98. Tumpane Co., Inc.
99. Union Carbide Corp.
100. Maxson Electronics Corp.
* M.I.T. and Johns Hopkins, the only two academic entries on an otherwise corporation list, are among the top 100 because both institutions are involved in expensive applied research in such fields as Over-the-horizon radar, electromagnetic applications and military uses for the laser beam. M.I.T.'s contracts last year totaled $94.9 million, while Hopkins' amounted to $71.1 million.
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