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Defense Contractor
A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government. Products typically include military or civilian aircraft, ships, vehicles, weaponry, and electronic systems, while services can include logistics, technical support and training, communications support, and engineering support in cooperation with the government. Security contractors do not generally provide direct support of military operations. Under the 1949 Geneva Conventions, military contractors engaged in direct support of military operations may be legitimate targets of military interrogation. In the United States, defense contracting has taken an increasingly larger role. In 2009, the Department of Defense spent nearly $316 billion on contracts.Singer, Peter W"The Regulation of New Warfare" [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business
Business is the practice of making one's living or making money by producing or Trade, buying and selling Product (business), products (such as goods and Service (economics), services). It is also "any activity or enterprise entered into for profit." A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired except for limited liability company. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business. A distinction is made in law and public offices between the term business and a company (such as a corporation or cooperative). Colloquially, the terms are used interchangeably. Corporations are distinct from Sole proprietorship, sole proprietors and partnerships. Corporations are separate and unique Legal person, legal entities from their shareholde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iraq Surge
The Iraq War troop surge of 2007, commonly known as the troop surge, or simply the surge, refers to the George W. Bush administration's 2007 increase in the number of U.S. military combat troops in Iraq in order to provide security to Baghdad and Al Anbar Governorate. The surge was developed under the working title "The New Way Forward" and was announced in January 2007 by Bush during a television speech. Bush ordered the deployment of more than 20,000 soldiers into Iraq (five additional brigades), and sent the majority of them into Baghdad. He also extended the tour of most of the United States Army, Army troops in country and some of the United States Marine Corps, Marines already in Anbar. The President described the overall objective as establishing a "unified, democratic federal Iraq that can govern itself, defend itself, and sustain itself, and is an ally in the War on Terror." The major element of the strategy was a change in focus for the U.S. military "to help Iraqis cle ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China Aerospace Science And Industry Corporation
The China Aerospace Science and Industry Corporation (CASIC) is a Chinese state-owned enterprise that designs, develops and manufactures a range of spacecraft, launch vehicles, strategic and tactical missile systems, and ground equipment. CASIC is the largest maker of missiles in China. History First established as the 5th Academy of the Ministry of Defense in October 1956, it went through numerous name changes including the Ministry of the 7th Machinery Industry, the Ministry of Aerospace Industry, the Ministry of Aviation and Aerospace Industry, China Aerospace Corporation, China Aerospace Machinery and Electronics Corporation in July 1999, and finally the present name China Aerospace Science & Industry Corporation in July 2001. CASIC owns seven academies, two scientific research and development bases, six public listed companies, and over 620 other companies and institutes scattered nationwide, with more than 145,987 employees. From 2011 onwards, CASIC has supplied Nort ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aviation Industry Corporation Of China
The Aviation Industry Corporation of China (AVIC) is a Chinese state-owned publicly-traded aerospace and defense conglomerate headquartered in Beijing. AVIC is overseen by the State-owned Assets Supervision and Administration Commission of the State Council. It is ranked 140th in the ''Fortune'' Global 500 list as of 2021, and has over 100 subsidiaries, 27 listed companies and 500,000 employees across the globe. AVIC is also the sixth largest defense contractor globally as of 2022 and second largest Chinese defense contractor with total revenue of $79 billion (from both defense and non-defense services). History Since being established on 1 April 1951 as the Aviation Industry Administration Commission, the aviation industry of the People's Republic of China has been through 12 systemic reforms. In 1994, Avic was among the large industrial state-owned enterprises of China which were selected for a pilot program of restructuring as state holding companies, thereby enabling part ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Norinco
China North Industries Group Corporation Limited, doing business internationally as Norinco Group (an abbreviation of "North Industries Corporation"), and known within China as China Ordnance Industries Group Corporation Limited (), is a Chinese state-owned defense corporation that manufactures commercial and military products. Norinco Group is one of the world's largest defense contractors. The company's subsidiary, China North Industries Corporation (), or simply Norinco, markets Norinco Group's products internationally, and is also involved in domestic civil construction and military defense projects. Some of Norinco's international customers include Pakistan, Zimbabwe, and the Democratic Republic of the Congo, where it negotiated arms-for-minerals deals, as well as Venezuela. History Established in 1980 with the approval of the State Council of the People's Republic of China, Norinco is an enterprise group engaged in both products and capital operation, integrated with re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Dynamics
General Dynamics Corporation (GD) is an American publicly traded aerospace and defense corporation headquartered in Reston, Virginia. As of 2020, it was the fifth largest defense contractor in the world by arms sales and fifth largest in the United States by total sales. The company is a ''Fortune'' 100 company and was ranked in 2022. Formed in 1952 with the merger of submarine manufacturer Electric Boat and aircraft manufacturer Canadair, the corporation today consists of ten subsidiary companies with operations in 45 countries. The company's products include Gulfstream business jets, and nuclear-powered submarines, guided-missile destroyers, M1 Abrams tanks, and Stryker armored fighting vehicles. In 2024, General Dynamics had worldwide sales of $47.7 billion and a workforce of approximately 117,000 full-time employees. The current chairman and chief executive officer (CEO) is Phebe Novakovic. History Electric Boat General Dynamics traces its ancestry to John Philip ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boeing
The Boeing Company, or simply Boeing (), is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the fourth-largest defense contractor in the world based on 2022 revenue and is the largest exporter in the United States by dollar value. Boeing was founded by William E. Boeing in Seattle, Washington, on July 15, 1916. The present corporation is the result of the merger of Boeing with McDonnell Douglas on August 1, 1997. As of 2023, the Boeing Company's corporate headquarters is located in the Crystal City neighborhood of Arlington County, Virginia. The company is organized into three primary divisions: Boeing Commercial Airplanes (BCA), Boeing Defense, Space & Security (BDS), and Boeing Global Services (BGS). In 2021, Boeing recorded $62.3billion in sales. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northrop Grumman
Northrop Grumman Corporation is an American multinational Aerospace manufacturer, aerospace and Arms industry, defense company. With 97,000 employees and an annual revenue in excess of $40 billion, it is one of the world's largest Arms industry, weapons manufacturers and military technology providers. Formed in 1994 through Northrop Corporation's purchase of Grumman Aerospace, Northrop Grumman ranked as the List of defense contractors, third-largest defense contractor in the world as of 2022. The firm ranked on the 2022 Fortune 500, ''Fortune'' 500 list of America's largest corporations. Northrop Grumman and its industry partners have won the Collier Trophy nine times, most recently for the development and production of the James Webb Space Telescope, an Space telescope, orbiting observatory launched in 2021. Northrop Grumman leads the development of the Northrop Grumman B-21 Raider, B-21 Raider, a long-range, stealth aircraft, stealth strategic bomber that can drop conv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BAE Systems
BAE Systems plc is a British Multinational corporation, multinational Aerospace industry, aerospace, military technology, military and information security company, based in London. It is the largest manufacturer in Britain as of 2017. It is the largest defence contractor in Europe and the seventh largest in the world based on applicable 2021 revenues. Its largest operations are in the United Kingdom and in the United States, where its BAE Systems Inc. subsidiary is one of the six largest suppliers to the United States Department of Defense, US Department of Defense. Its next biggest markets are Saudi Arabia, then Australia; other major markets include Canada, Japan, India, Turkey, Qatar, Oman and Sweden. The company was formed on 30 November 1999 by the British pound sterling, £7.7 billion purchase of and merger of Marconi Electronic Systems (MES), the defence electronics and naval shipbuilding subsidiary of the General Electric Company plc (GEC), with British Aerospace ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RTX Corporation
RTX Corporation, formerly Raytheon Technologies Corporation, is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services. In 2023, the company's seat in Forbes Global 2000 was 79. RTX manufactures aircraft engines, avionics, aerostructures, cybersecurity solutions, guided missiles, air defense systems, satellites, and drones. The company is a large military contractor, getting much of its revenue from the U.S. government. The company was formed in 2020 by a merger of equals between the aerospace subsidiaries of United Technologies Corporation (UTC) and the Raytheon Company. Before the merger, UTC spun off its non-aerospace subsidiaries Otis Elevator Company and Carrier Corporation. The merged company adopted the better-known name of Raytheon in the form ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lockheed Martin
The Lockheed Martin Corporation is an American Arms industry, defense and aerospace manufacturer with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta on March 15, 1995. It is headquartered in North Bethesda, Maryland, United States. As of January 2022, Lockheed Martin employs approximately 121,000 employees worldwide, including about 60,000 engineers and scientists. Reports from 2024 estimate that Lockheed Martin Corporation (LMT) holds a market cap of around $139.7 billion. Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry. It was the world's largest defense contractor by revenue for fiscal year 2014.POC Top 20 Defence Contractors of 2014 . Retrieved: July 2015 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
US Dollars
The United States dollar (symbol: $; currency code: USD) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallic standard of (0.7734375 troy ounces) fine silver or, from 1834, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important international reserve currency after the First World War, and displaced the pound sterling as the world's primary reserve currency by the Bretton Woods Ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
