Following up on an earlier post where I was doing research into government contractors to look for buying opportunities.
I thought I'd share a refined list of the top 100 contractors.
This list is:
- Based on a list of 2019 government contractors.
- Ranked by $ amount of the contracts they had.
- Publicly traded companies only.
Format is: COMPANY NAME/sector/stockticker/valuation (FV = fair value, UV = undervalued, OV = overvalued). Undervalued stocks are in bold.
Valuations are based on my own cursory research and are specific to this date and time (March 9th, 7pm EST)
LOCKHEED MARTIN Areospace/defense LMT - UV
BOEING Areospace/defense BA - OV
GENERAL DYNAMICS Areospace/defense GD - UV
RAYTHEON COMPANY Weapons/Commercial Electronics RTX - FV
NORTHROP GRUMMAN World’s Larges Weapons Manufacturer NOC - UV
MCKESSON CORP Medical/Pharma/Medical Tech – MCK - UV
HUNTINGTON INGALLS Largest Military Shipbuilder HII - OV
LEIDOS HOLDINGS Infotech/biomedical/aerospace LDOS – FV
L3HARRIS TECHNOLOGIES Communication/Space/Military Tech – LHX - UV
HUMANA INC For-profit Health Insurance Company HUM - UV
HONEYWELL Tech (also a consumer company) – HON - FV
BAE SYSTEMS British Arms/Security Company – BAESY - UV
FLUOR CORPORATION Engineering/Constuction – FLR - OV
BOOZ ALLEN HAMILTON HOLDING Infotech/Management – BAH - UV
AECOM Multinational Engineering – ACM - FV
SCIENCE APPLICATIONS INTERNATIONAL Infotech/Government Services – SAIC - UV
GENERAL ELECTRIC COMPANY Electronics/Engineering/Tech – GE - OV
GENERAL ATOMIC TECHNOLOGIES Research (focused on nuclear fission) – GLATF - OV
JACOBS ENGINEERING Engineering/Tech Services – J = OV
CENTENE CORP Healthcare – CNC - UV
KBR INC Engineering/Construction – KBR - FV
OSHKOSH CORP Trucks/Military Equipment Manufacturer – OSK - UV
CACI INTERNATIONAL INC Infotech (including for Homeland Security) – CACI - FV
PERSPECTA Infotech – just acquired Veritas – PRSP - OV
AMERISOURCEBERGEN Drug Wholesaler – ABC - UV
ACCENTURE INC Professional Services – ACN - FV
TEXTRON INC Manufacturer Planes and Vehicles – TXT - OV
LEONARDO SPA Aerospace (Italian based Company) – FINMF - OV
MERCK & CO Pharma – MRK - UV
AUSTAL LTD Shipbuilding (Australian Based) – AUTLF - OV
PAE HOLDING CORP Defense Contractor – PAE - UV
CDW CORP Tech – also for education – CDW - OV
IBM – Tech (obviously) – IBM - UV
PARSONS CORP Defense/Intelligence -PSN - FV
VECTRUS INC Defence Contractor – VEC - UV
DELL TECHNOLOGIES INC Tech (obviously) – DELL - FV
PFIZER INC (Pharma) – PFE - UV
MANTECH INTERNATIONAL Infotech – MANT - FV
FEDEX Delivery Services – FDX - UV
GLAXOSMITHKLINE Pharma – GSK - UV
ROLLS-ROYCE Power systems for aviation – RYCEF - OV
VERIZON Telecom – VZ - UV
AT&T Telecom – T - FV
SERCO GROUP PLC Multinational Government Contracts – SECCF - OV
MICROSOFT CORP Tech – MSFT - UV
CERNER GOVERNMENT SERVICES INC Health IT – CERN - FV
EMERGENT BIOSOLUTIONS INC Bio/Pharma – EBS - UV
TETRA TECH INC Consulting/Engineering – TTEK – Fair Value
ROYAL DUTCH SHELL PLC Oil and Gas – RDS.B - OV
CARDINAL HEALTH INC Healthcare (14th highest revenue generating company in U.S. – CAH - UV
SANOFI Pharma (based in France) – SNY - FV
BP PLC Oil and gas – BP - FV
UNISYS CORP IT tech – UIS - OV
SECURITAS Security Firm – SCTBF - OV
GREAT LAKES DREDGE & DOCK CORP Dredging and Land Reclamation GLDD) - UV
GEO GROUP INC, Prison/Mental Health Facility Real Estate – GEO - UV
INSIGHT ENTERPRISES INC IT - NSIT - UV
If/when I take any positions in companies on this list, I will be focused on the ones that involve infrastructure (Biden's been vocal about that), 5G and pharma.
Ethically, I'm not interested in weapons, prisons, military-focused companies (which shortens the list to):
LOCKHEED MARTIN Areospace/defense LMT - UV
GENERAL DYNAMICS Areospace/defense GD - UV
MCKESSON CORP Medical/Pharma/Medical Tech – MCK - UV
L3HARRIS TECHNOLOGIES Communication/Space/Military Tech – LHX - UV
HUMANA INC For-profit Health Insurance Company HUM - UV
BOOZ ALLEN HAMILTON HOLDING Infotech/Management – BAH - UV
SCIENCE APPLICATIONS INTERNATIONAL Infotech/Government Services – SAIC - UV
CENTENE CORP Healthcare – CNC - UV
AMERISOURCEBERGEN Drug Wholesaler – ABC - UV
MERCK & CO Pharma – MRK - UV
IBM – Tech (obviously) – IBM - UV
PFIZER INC (Pharma) – PFE - UV
FEDEX Delivery Services – FDX - UV
GLAXOSMITHKLINE Pharma – GSK - UV
VERIZON Telecom – VZ - UV
MICROSOFT CORP Tech – MSFT - UV
EMERGENT BIOSOLUTIONS INC Bio/Pharma – EBS - UV
CARDINAL HEALTH INC Healthcare (14th highest revenue generating company in U.S. – CAH - UV
GREAT LAKES DREDGE & DOCK CORP Dredging and Land Reclamation GLDD) - UV
INSIGHT ENTERPRISES INC IT - NSIT - UV