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This is the largest defense contractor in Vermont

Vermont has the fourth lowest defense contractor spending in the nation, behind Idaho, Montana and Nebraska.

The U.S. defense budget topped $850 billion in fiscal 2022, more than the combined military spending of the next 10 countries combined. This money goes to fund a wide range of obligations, from operations to payroll for troops and civilian defense personnel. The bulk of the U.S. military budget, however, is spent on contracts with companies in the private sector.

By Samuel Stebbins, 24/7 Wall St. via The Center Square

The Defense Department does more business through private contracts than all other federal agencies combined. The Pentagon relies on contractors for services including research and development, weapon systems procurement, facility maintenance, and equipment repair. Outsourcing to third parties in the private sector allows the government to more rapidly and effectively adapt to changing circumstances and needs – though reliance on contractors also raises the potential for waste, fraud, and abuse.

The latest available government data shows that the Pentagon spent $349.5 million on private sector contracts in Vermont in 2021. No company in the state received more federal defense dollars that year than Raytheon Technologies, which brought in $115.2 million in military contracts – or 33.0% of all contractor spending in the state.

Other major defense contractors operating in Vermont include Marvell Government Solutions LLC, General Dynamics, and Galvion Ballistics Ltd., which received $74.9 million, $50.2 million, and $19.1 million, respectively, in 2021.

All data in this story is from the Defense Department’s report, Defense Spending By State Fiscal Year 2021.

StateTotal contract spending, 2021 ($)Top defense contractor, 2021Spending on top defense contractor, 2021 ($)
Alabama12.2 billionBoeing2.1 billion
Alaska1.7 billionArctic Slope Regional Corp.233.1 million
Arizona12.3 billionRaytheon Technologies6.2 billion
Arkansas1.2 billionAerojet Rocketdyne591.3 million
California40.2 billionNorthrop Grumman4.5 billion
Colorado8.4 billionLockheed Martin2.3 billion
Connecticut18.4 billionGeneral Dynamics8.7 billion
Delaware474.2 millionAstraZeneca PLC287.1 million
Florida21.7 billionLockheed Martin6.3 billion
Georgia7.6 billionLockheed Martin2.3 billion
Hawaii2.6 billionHensel Phelps Construction212.7 million
Idaho206.4 millionBrad Hall & Associates45.3 million
Illinois7 billionNorthrop Grumman1.1 billion
Indiana5.7 billionEli Lilly and Co.1.9 billion
Iowa2.1 billionRaytheon Technologies1.1 billion
Kansas1.5 billionWebuild218.8 million
Kentucky10.6 billionHumana7.1 billion
Louisiana1.7 billionThoma-Sea Marine Constructors197.4 million
Maine2.4 billionGeneral Dynamics1.1 billion
Maryland17.9 billionJohns Hopkins University1.6 billion
Massachusetts20.1 billionModerna, Inc.6.9 billion
Michigan5.1 billionGeneral Dynamics2.3 billion
Minnesota1.5 billionNorthrop Grumman340.7 million
Mississippi3.8 billionHuntington Ingalls2 billion
Missouri10.5 billionBoeing6.9 billion
Montana246.8 millionS & K Technologies65.7 million
Nebraska690.6 millionPeraton Corp.97.1 million
Nevada1.8 billionSierra Nevada Corp.396.8 million
New Hampshire2 billionBAE Systems1.1 billion
New Jersey7.3 billionLockheed Martin1.6 billion
New Mexico1.8 billionApplied Research Associates138.7 million
New York27.9 billionPfizer, Inc.13.3 billion
North Carolina4.2 billionGlaxoSmithKline314.5 million
North Dakota211.4 millionFour Tribes Enterprises LLC20.6 million
Ohio6.3 billionGeneral Electric757.5 million
Oklahoma3 billionBoeing1.1 billion
Oregon800 millionVigor Industrial101 million
Pennsylvania13.4 billionAmerisourceBergen2 billion
Rhode Island756.9 millionRaytheon Technologies177.8 million
South Carolina3.1 billionScientific Research Corp.142.2 million
South Dakota225.6 millionSterling Computers75.1 million
Tennessee2 billionBAE Systems451.7 million
Texas35.1 billionLockheed Martin13.7 billion
Utah4.3 billionNorthrop Grumman2.1 billion
Vermont349.5 millionRaytheon Technologies115.2 million
Virginia42.6 billionHuntington Ingalls4.1 billion
Washington11.7 billionBoeing7.7 billion
West Virginia505.4 millionNorthrop Grumman293.8 million
Wisconsin4.5 billionOshkosh Corp.2.1 billion
Wyoming125.1 millionM1 Support Services24.9 million
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