Defense Contracting
Conduct Screen Weapons & Military
Companies that sell weapons, military materiel, defense equipment, or military services where the military application is material — not incidental. Exclusion thresholds: (1) the company has developed specialized products or marketing targeting military customers, (2) military/defense revenue exceeds approximately 15% of total revenue, or (3) the product is purpose-built for warfare (guidance systems, weapons platforms, munitions). Selling dual-use products (semiconductors, extension cords, commodity components) that happen to be purchased by militaries is NOT grounds for exclusion. Supporting military personnel as human beings (healthcare, insurance, worker protections) is NOT grounds for exclusion. The distinction is between supporting the war-industrial complex and incidentally serving people who work in it. Distinct from occupied_territories (which covers what military customers do with the equipment) and surveillance_tech (which covers surveillance products sold to any buyer).
130 companies currently excluded under this screen
Excluded Companies (130 total)
Showing 130 of 130 companies excluded under this screen.
| Ticker | Company | Reason |
|---|---|---|
| 103140 | Poongsan Corp | Poongsan Corporation is a specialized manufacturer of purpose-built military munitions, deriving a substantial portion of its revenue from defense contracts. The company produces a range of ammunition... |
| 12450 | Hanwha techwin | Hanwha Techwin is a defense subsidiary of the Hanwha Group, specializing in the manufacture of weapons systems and military equipment. Its core business includes the production of the K9 Thunder self-... |
| 47810 | Korea Aerospace | Korea Aerospace Industries (KAI) is a South Korean aerospace and defense manufacturer whose primary business activity is the development and production of military aircraft and systems. According to S... |
| 489 | DONGFENG MOTOR GROUP LTD H | Dongfeng remains the primary provider for the PLA through its "Dongfeng Mengshi" line. In its 2024 ESG Report, the company openly identifies itself as "China's No. 1 military vehicle brand," highlight... |
| 79550 | LIG Nex1 Co | LIG Nex1 Co. is a South Korean defense contractor specializing in the development and production of weapons systems and military equipment. According to SIPRI data, the company generated approximately... |
| 880 | Hanwha Corp | Hanwha Corp is a major South Korean arms producer ranked among the world's top 100 arms-producing companies by the Stockholm International Peace Research Institute (SIPRI). Its core defense business i... |
| A103140 | Poongsan | Poongsan Corporation derives approximately 30% of its revenue from its defense division, which specializes in the production of ammunition. The company is a recognized arms producer, listed among Sout... |
| ACHR | ARCHER AVIATION INC | Archer Aviation expanded into defense with strategic acquisitions in 2025 to pursue military contracts for its eVTOL aircraft. The company actively markets its Midnight platform for defense and milita... |
| ACM | AECOM | AECOM is a major defense contractor providing specialized engineering, construction, and management services to the U.S. military and foreign governments. According to SIPRI, the company was ranked am... |
| ADI | ANALOG DEVICES INC | Analog Devices is a premier supplier of wideband radar transceiver ICs used in ground-based air defense systems, with dedicated aerospace & defense radar solutions marketed to military integrators. Th... |
| AIN | Albany International Corp | Albany International Corp operates a Government & Defense division that manufactures specialized composite components for military aircraft and missile systems. According to the company's public discl... |
| AIR | AAR | AAR Corp. is a global aerospace and defense company that derives material revenue from military contracting. According to the 2024 SIPRI Top 100 list, AAR’s arms sales totaled $3.5 billion. The compan... |
| ALLE | ALLEGION PLC | Allegion manufactures blast-rated doors, ballistic-resistant frames, and access control systems marketed directly to military installations including barracks and SCIFs (Sensitive Compartmented Inform... |
| AMD | ADVANCED MICRO DEVICES INC | Advanced Micro Devices actively markets defense-grade semiconductors through its Aerospace & Defense division, offering mil-spec FPGAs, adaptive SoCs, and space-grade processors for ground, airborne, ... |
| AME | AMETEK INC | Ametek Thermal Systems received $17.1M in F-35 Joint Strike Fighter subawards for thermal management components. Ametek SCP is the primary awardee on a $99.6M ceiling US Navy contract (Feb 2026) for T... |
| APH | AMPHENOL CORP | Amphenol paid $18M (Aug 2023) to resolve DOJ False Claims Act allegations for selling non-compliant electrical connectors to the U.S. military (2012-2017). The company admitted manufacturing connector... |
| ARW | Arrow Electronics Inc | Arrow Electronics supplies electronic components and IT solutions to the US Department of Defense, including contracts under the DoD Enterprise Software Initiative. The company has a dedicated aerospa... |
| ASELS | Aselsan Elektronik Sanayi | Aselsan is Turkey's largest defense electronics company, manufacturing military communications systems, radar, electro-optic sensors, and weapon systems. It ranks among SIPRI's top 100 global arms-pro... |
| ASGN | ASGN Incorporated | ASGN Incorporated operates a Federal Government segment that generated 29% of total company revenue in FY2025 ($1.15B of $4.0B). Within this segment, Defense & Intelligence is the largest customer cat... |
| ATI | ATI | ATI (Allegheny Technologies Incorporated) operates a High Performance Materials & Components segment that manufactures specialty materials and components for aerospace and defense applications. Accord... |
| ATRO | Astronics Corporation | Astronics Corporation's 10-K (FY2024) discloses approximately 15% of consolidated revenue from U.S. government and military markets, with military aircraft sales growing 41.6% year-over-year. The comp... |
| AUTLF | Austal | Austal Limited (ASX: ASB / OTC: AUTLF) is a major military shipbuilder. Its US subsidiary, Austal USA in Mobile, Alabama, is a prime contractor to the US Navy, having delivered 19 Independence-class L... |
| AVAV | AeroVironment Inc | AeroVironment, Inc. is a pure-play defense contractor specializing in unmanned aircraft systems and loitering munitions. FY2025 revenue was $820.6 million, up 14% year-over-year. The company manufactu... |
| AVIJF | AviChina Industry & Technology Company Limited | AviChina Industry & Technology is a Hong Kong-listed subsidiary of the Aviation Industry Corporation of China (AVIC), designated by the U.S. Department of Defense as a Chinese Military Company in June... |
| BA | The Boeing Company | The Boeing Company derives approximately $33.6 billion, or just over half of its total revenue, from its defense, space, and security business. Its Boeing Defense, Space & Security (BDS) division is a... |
| BAESF | BAE Systems | BAE Systems plc is a British multinational aerospace and arms manufacturer. According to the Stockholm International Peace Research Institute (SIPRI), the company is the world’s fourth-largest arms pr... |
| BAH | Booz Allen Hamilton Holding Corporation | Booz Allen Hamilton Holding Corporation derives approximately 92% of its revenue from U.S. federal government contracts, with the Department of Defense being its single largest client. The company is ... |
| BCKIF | Babcock International Gr | Babcock International Group is a major global defense contractor specializing in complex engineering and support services for military customers. The company designs, builds, and maintains critical na... |
| BEL.NS | Bharat Electronics Limited | Bharat Electronics Limited is a Navratna-status Indian public sector undertaking under the Ministry of Defence with an order book of approximately INR 76,000 crore (~$9 billion). BEL is the primary su... |
| BHE | Benchmark Electronics Inc | Benchmark Electronics Inc manufactures specialized electronic assemblies and systems for military and aerospace applications. The company's business includes purpose-built defense equipment, with its ... |
| BRC | BRADY CORP | Brady Corporation actively markets MIL-spec identification products to the defense sector through a dedicated military-defense solutions line. Products include MetalPhoto anodized aluminum tags meetin... |
| BWXT | BWX Technologies Inc | BWX Technologies Inc. derives the vast majority of its revenue from defense contracting, with approximately $2.5 billion of its $2.7 billion in total 2024 revenue coming from military sales. The compa... |
| CACI | CACI International | CACI International derives approximately 75% of its revenue from defense contracts, placing it among the world's largest military services companies. Its specialized work includes developing and opera... |
| CAE | CAE | CAE is a specialized defense contractor whose core business is developing and operating military training and simulation systems. According to the Stockholm International Peace Research Institute (SIP... |
| CDP | COPT Defense Properties | COPT Defense Properties is a real estate investment trust whose entire business model is developing, owning, and leasing specialized office and data center properties to the U.S. government and its de... |
| CDW | CDW CORP | Major IT vendor supplying complex software/hardware to DHS, ICE, and CBP, directly facilitating mass surveillance and the circumvention of Fourth Amendment warrants via bulk MAID data purchasing. USAS... |
| CMI | Cummins | Cummins is a Tier 1 defense contractor. As of December 2025, the company secured a $500 million contract for U.S. military generators. It also produces the Advanced Combat Engine (ACE) and V903 engine... |
| CRWD | CROWDSTRIKE HOLDINGS INC | CrowdStrike holds IL5 Provisional Authorization (May 2023) from the DoD — the highest security classification for controlled unclassified information — and operates a dedicated Department of Defense p... |
| CTS | CTS CORP | CTS Corporation manufactures electronic components and sensors, including products used in aerospace and defense applications. The company's SEC filings explicitly note that it "sells products to cust... |
| CW | Curtiss-Wright Corp | Curtiss-Wright Corp. derives a majority of its revenue from the design and manufacture of specialized defense equipment. According to SIPRI data, the company's arms sales constituted approximately 57.... |
| CXT | CRANE NXT CO | NOTE: This record references Crane Aerospace & Electronics (Integrated Microwave Assemblies for military radar and electronic warfare), but Crane NXT (CXT) is the payments and authentication technolog... |
| DCO | Ducommun Incorporated | Ducommun Incorporated derives a significant portion of its revenue from defense contracting, with defense revenue estimated between 15-24% of its total. The company manufactures specialized structural... |
| DEA | Easterly Government Properties Inc. | Easterly Government Properties is a real estate investment trust (REIT) whose core business strategy is to acquire, develop, and lease properties to the U.S. government, with a stated focus on “missio... |
| DRS | Leonardo DRS Inc. | Leonardo DRS Inc. is a defense technology contractor specializing in advanced military systems. Its core business is developing and manufacturing purpose-built weapons platforms, targeting systems, an... |
| EADSY | Airbus | Airbus is a major defense contractor, deriving approximately 17% of its total revenue from arms sales, which amounted to $12.7 billion in 2024 according to SIPRI data. This places it as the 12th large... |
| EME | EMCOR Group, Inc. | Massive DoD contractor providing extensive Base Operations Support (BOS) and multi-million dollar T&M facility maintenance contracts for active, highly secure U.S. military installations via Emcor Gov... |
| EMR | EMERSON ELECTRIC | Manufacturer of AN/APQ series radar systems — mission-critical targeting and navigation electronics for military aircraft. Active defense electronics producer with long-running DoD contracts. Not a pa... |
| ERJ | Embraer | Embraer operates a dedicated Defense & Security division that designs and manufactures purpose-built military aircraft. Its flagship product is the A-29 Super Tucano, a turboprop light attack and coun... |
| ESE | ESCO Technologies Inc | ESCO Technologies Inc. manufactures engineered products and systems, operating through segments that include Aerospace & Defense. The company’s Doble, PTI, and VACCO businesses supply specialized comp... |
| ESLT | Elbit Systems Ltd | Elbit Systems Ltd is Israel’s largest arms producer and ranks among the world’s top 25 weapons manufacturers. The company derives nearly 100% of its revenue from defense contracts, with total defense ... |
| FINMY | Leonardo | Leonardo derives approximately 72% of its revenue from arms sales and military services, totaling an estimated $13.8 billion in defense revenue for 2024. The company is a specialized defense contracto... |
| FLR | Fluor | Fluor Corporation is a major U.S. government contractor specializing in military services. According to SIPRI data, the company consistently ranks among the world's top 100 arms-producing and military... |
| FLY | FIREFLY AEROSPACE INC | Firefly Aerospace develops and operates launch vehicles and space systems that serve U.S. national security customers. The company has received contracts from the U.S. Department of Defense and the De... |
| FNCNF | Fincantieri | Fincantieri is a major military shipbuilder whose defense revenue represents a material portion of its business. According to SIPRI data, the company generated approximately $2.2 billion in arms reven... |
| GD | General Dynamics Corp. | General Dynamics Corporation is a major defense contractor specializing in purpose-built weapons systems and military platforms. According to the SIPRI Top 100 list for 2023, the company generated $33... |
| GE | General Electric Company | General Electric Company designs and manufactures specialized military propulsion systems as a core business activity. Its GE Aerospace division produces jet engines for combat aircraft, including the... |
| GFF | Griffon Corp | Griffon Corporation operates Telephonics Corporation, a subsidiary that manufactures specialized defense electronics and communications systems for military customers. Telephonics produces radar syste... |
| GNSS | Genasys Inc | Genasys Inc., formerly known as LRAD Corporation, specializes in manufacturing Long Range Acoustic Devices (LRADs). These are specialized acoustic hailing and directed sound systems developed and pate... |
| GOOGL | Alphabet Inc. | Google Cloud is one of four vendors on the Pentagon's Joint Warfighting Cloud Capability (JWCC) contract, a multi-billion-dollar program with a combined ceiling of $9 billion. Google achieved Impact L... |
| HEI.A | Heico Corp | HEICO Corp. derives a material portion of its revenue from the sale of military equipment. According to SIPRI data, the company's arms sales were approximately $1.0 billion in 2023, representing about... |
| HII | Huntington Ingalls Indus | Huntington Ingalls Industries is the largest military shipbuilder in the United States and derives the overwhelming majority of its revenue from defense contracts. According to SIPRI data, the company... |
| HON | Honeywell International Inc. | Honeywell International operates a dedicated Aerospace and Defense business segment, which generated approximately $14.7 billion in revenue in 2023, representing over 35% of the company's total sales.... |
| HPE | Hewlett Packard Enterprise Company | Hewlett Packard Enterprise Company (HPE) is a significant contractor to the U.S. federal government, with over $1 billion in total obligated dollars across more than 11,000 contract actions in a singl... |
| HPQ | HP Inc. | HP Inc. supplies technology and equipment to Israeli military and government agencies, including COGAT (the Coordinator of Government Activities in the Territories), the prison service, and police. Th... |
| HWM | HOWMET AEROSPACE INC | Howmet Aerospace manufactures advanced engineered components for military aircraft, missiles, and defense platforms. The company holds major DoD contracts and its defense segment supplies critical par... |
| HXL | HEXCEL CORP | Hexcel Corporation is the predominant domestic manufacturer of advanced composite materials for the aerospace and defense sectors. In 2024, the Space and Defense segment generated $569.5 million, repr... |
| IHICF | IHI | IHI Corporation (IHICF) is excluded under the military contracting category. According to SIPRI, IHI is a significant manufacturer of defense equipment, including components for military aircraft and ... |
| INTC | Intel Corp. | Intel processors are integrated into Israeli military systems including Elbit Systems' MK7 tactical computers used in Merkava tanks and other weapons platforms. Intel operates major fabrication facili... |
| IRDM | Iridium Communications Inc | Iridium Communications Inc. operates a global satellite communications network that is a critical, purpose-built asset for U.S. military operations. The company’s core service, Iridium Certus, is mark... |
| J | JACOBS ENGINEERING GROUP INC | Jacobs Solutions provides engineering, technical, and management services to nuclear weapons programs in the United States and United Kingdom. Until June 2021, Jacobs was part of the AWE Management Lt... |
| KALU | Kaiser Aluminum | Kaiser Aluminum supplies fabricated aluminum plate to the F-35 Joint Strike Fighter program, a purpose-built weapons platform. The company is listed as a supplier of specialized aluminum components fo... |
| KBR | KBR | KBR is a major military services contractor whose business model is materially dependent on U.S. defense spending. According to SIPRI data, the company derived an estimated 60.4% of its revenue from m... |
| KEYS | KEYSIGHT TECHNOLOGIES INC | Keysight Technologies derives ~30% of revenue from aerospace, defense, and government contracts. In Dec 2023, Keysight secured an $18.5M U.S. Air Force contract to deliver two Electronic Warfare Threa... |
| KRMN | KARMAN HOLDINGS INC | Karman Holdings Inc. operates through its Karman Space & Defense division, which it describes as a leader in the rapid design, development, and delivery of systems for the defense sector. The company ... |
| KRX | Poongsan Holdings | Poongsan Corporation, a core subsidiary of Poongsan Holdings, is a specialized manufacturer of purpose-built military munitions. Its defense products — 5.56mm ammunition, 155mm artillery shells for K9... |
| KTOS | Kratos Defense & Security Solutions Inc | Kratos Defense & Security Solutions is a defense technology contractor whose core business is developing and manufacturing specialized products for military applications. The company is a government c... |
| KWHIF | Kawasaki Heavy Industries | Kawasaki Heavy Industries is a major Japanese defense contractor specializing in military aerospace and maritime systems. According to SIPRI, the company generated $2.65 billion in arms sales in 2024,... |
| LASR | nLight Inc | nLight Inc. designs and manufactures semiconductor and fiber lasers specifically for directed energy weapons systems, including high-energy lasers and ground-based laser designators. The company is co... |
| LDO | Leonardo SpA | Leonardo S.p.A. is a major European aerospace and defense contractor, deriving the majority of its revenue from military products and services. According to SIPRI data, the company reported approximat... |
| LDOS | Leidos Holdings | Leidos Holdings is a major defense contractor whose business model is built on serving the U.S. military and national security agencies. According to the SIPRI Top 100 list, it is consistently ranked ... |
| LHX | L3Harris Technologies, Inc. | L3Harris Technologies is a major U.S. defense contractor specializing in advanced tactical communications, electronic warfare, and intelligence systems. According to industry analysis, a large majorit... |
| LMT | Lockheed Martin Corporation | Lockheed Martin Corporation is the world’s largest arms producer, with an estimated $64.7 billion in arms revenue. Approximately 96% of its $68 billion in total 2023 revenue came from U.S. government ... |
| LOAR | LOAR HOLDINGS INC | Loar Holdings derives ~25% of TTM revenue from defense, surging 73% YoY in Q1 2025 at 17-20% CAGR. Exceeds 15-20% materiality threshold. |
| LT | Larsen & Toubro Limited | Larsen & Toubro Limited (L&T) is a major Indian defense contractor and a significant supplier to the Indian military. The company operates a dedicated Defence Engineering business segment that designs... |
| MCHP | MICROCHIP TECHNOLOGY INC | Microchip Technology is one of the top five largest players in the military and defense semiconductor market. Corporate filings explicitly list defense and military hardware as target end markets. The... |
| MHVYF | Mitsubishi Heavy Indus | Mitsubishi Heavy Industries is a major Japanese defense contractor specializing in the development and production of weapons platforms and military equipment. Its defense portfolio includes missiles, ... |
| MIELY | Mitsubishi Electric | Mitsubishi Electric Corporation is a major Japanese defense contractor specializing in advanced military electronics and weapons systems. According to SIPRI data, the company generated approximately $... |
| MIND | MIND TECHNOLOGY INC | MIND Technology Inc. develops and sells proprietary sonar and seismic imaging technology primarily for oceanographic and hydrographic markets. The company's products are dual-use, with applications in... |
| MOGA | Moog | Moog Inc. derives a material portion of its revenue from the design and manufacture of specialized defense systems. According to SIPRI estimates, the company generated approximately $1.26 billion in a... |
| MRCY | Mercury Systems Inc | Mercury Systems Inc. designs and manufactures secure, mission-critical processing subsystems specifically for aerospace and defense applications. Its products are optimized for intelligence, surveilla... |
| MSFT | Microsoft Corporation | Microsoft is a major U.S. defense contractor across cloud infrastructure, AI, and combat systems. The company shares a $9 billion Joint Warfighting Cloud Capability contract awarded by the Pentagon in... |
| NIPNF | NEC | NEC Corporation is a major arms producer, ranking 91st in the SIPRI Top 100 list of the world’s largest arms-producing and military services companies. The company’s estimated arms sales were approxim... |
| NOC | Northrop Grumman Corp. | Northrop Grumman Corp. is a principal U.S. defense contractor specializing in the development and production of weapons systems and military technology. According to SIPRI data, the company generated ... |
| NSKFF | Kongsberg Gruppen | Kongsberg Gruppen ASA is a Norwegian defense and aerospace company whose primary business is the development and sale of military systems. According to SIPRI data, the company generated approximately ... |
| NVDA | NVIDIA Corporation | Nvidia holds a $20 million DARPA contract for embedded processor research targeting surveillance and computer vision in military vehicles, and Nvidia processors are deployed in the F-22 Raptor and U.S... |
| OLN | Olin Corporation | Olin Corporation’s Winchester division is a leading manufacturer of small arms ammunition for military and law enforcement customers. The company’s product line includes purpose-built military cartrid... |
| OSK | Oshkosh Corp | Oshkosh Corporation is a major U.S. defense contractor specializing in military vehicles. According to SIPRI data, the company derives an estimated 20.1% of its total revenue from arms sales, which ex... |
| PII | POLARIS INC | Polaris Inc. manufactures and markets purpose-built military vehicles through its Government & Defense division. Its primary product is the MRZR series of light tactical all-terrain vehicles, which ar... |
| PLTR | Palantir Technologies Inc. | Palantir Technologies Inc. develops and markets specialized software platforms designed for military and intelligence applications. Its core product offerings include the Tactical Intelligence Targeti... |
| POWL | POWELL INDUSTRIES INC | Powell Industries engineers and manufactures bespoke shipboard electrical switchgear for the U.S. Navy under direct Department of Defense contracts. An Armed Services Board of Contract Appeals (ASBCA)... |
| POWW | OUTDOOR HOLDING CO | Outdoor Holding Company is a manufacturer of high-performance ammunition, a product purpose-built for firearms. Ammunition is a core component of military materiel, and its production constitutes dire... |
| PSN | Parsons Corp | Parsons Corporation derives approximately one-third of its revenue from arms sales and military services, with SIPRI data showing defense revenue of $1.8 billion representing 33.8% of total company re... |
| R3NK | RENK Group AG | RENK Group AG manufactures specialized military vehicle transmissions and propulsion systems as a core business activity. Its products include the AVDS-1790 series engines and transmissions used in th... |
| RKLB | ROCKET LAB CORP | Rocket Lab Corp. develops and launches small satellites and provides space systems technology, with a material portion of its business dedicated to U.S. military and defense agencies. The company hold... |
| RNMBY | Rheinmetall | Rheinmetall is a major European defense contractor specializing in purpose-built military equipment. According to the Stockholm International Peace Research Institute (SIPRI), Rheinmetall generated $8... |
| RR. | Rolls-Royce Holdings | Rolls-Royce Holdings is a major defense contractor specializing in the development and production of military aerospace propulsion systems. The company designs and manufactures purpose-built engines f... |
| RTX | Rtx Corp | RTX Corporation, operating through its Raytheon division, is a major defense contractor specializing in purpose-built weapons systems and military technology. The company designs and manufactures adva... |
| S63 | Singapore Tech Eng | Singapore Tech Engineering Ltd operates a Government & Defense division that provides specialized engineering and maintenance, repair, and overhaul (MRO) services for military platforms. The company a... |
| SAABF | Saab | Saab AB is a Swedish defense contractor whose primary business is the development and sale of weapons systems and military equipment. According to SIPRI data for 2024, the company generated approximat... |
| SAFRY | Safran | Safran is a major defense contractor specializing in aerospace and defense systems. Its Safran Electronics & Defense division develops and manufactures optronics, avionics, and electronic warfare syst... |
| SAIC | Science Applications International Corporation | Science Applications International Corporation (SAIC) derives the vast majority of its revenue from U.S. federal government contracts, with defense and national security agencies as its primary custom... |
| SANM | SANMINA CORP | Sanmina's wholly-owned subsidiary SCI Technology, headquartered in Huntsville, Alabama, is a dedicated defense manufacturer with over 60 years of history supplying the U.S. military. SCI produces the ... |
| SARO | STANDARDAERO INC | StandardAero Inc. provides specialized aerospace engine maintenance, repair, and overhaul (MRO) services directly to the U.S. military. The company holds significant, publicly disclosed contracts to s... |
| SWBI | SMITH & WESSON BRANDS INC | Smith & Wesson Brands Inc. is a leading American manufacturer of firearms, including handguns, rifles, and tactical weapons. The company’s products are purpose-built for law enforcement and military a... |
| SYPR | SYPRIS SOLUTIONS INC | Sypris Solutions operates Sypris Electronics, a subsidiary that designs and manufactures specialized electronic systems for defense applications. In September 2025, Sypris Electronics received a follo... |
| TDG | TRANSDIGM GROUP INC | TransDigm Group designs and manufactures proprietary aerospace components, including flight-critical parts like actuators, valves, and power systems, for both commercial and military aircraft. The com... |
| TDY | TELEDYNE TECHNOLOGIES INC | Teledyne Technologies operates a dedicated defense division, Teledyne FLIR Defense, which markets specialized military equipment. In early 2026, this unit secured a $17.5 million contract from the Swi... |
| TEL | TE CONNECTIVITY PLC | TE Connectivity received $16M in F-35 Joint Strike Fighter subawards for specialized connectors and sensors in military aviation. The company markets rugged mil-spec connectivity solutions across land... |
| TER | TERADYNE INC | Teradyne operates a dedicated defense and aerospace test instrumentation segment. The company explicitly cites success with major Department of Defense programs across all U.S. military service branch... |
| THLLY | Thales | Thales derives approximately 53% of its total revenue from arms sales, totaling $15.9 billion in 2024 according to SIPRI data. The company is consistently ranked among the world's top 20 arms producer... |
| TKAMY | Thyssenkrupp | Thyssenkrupp is a major arms producer, ranking 63rd on the SIPRI Top 100 list of the world’s largest arms-producing and military services companies. Its subsidiary, Thyssenkrupp Marine Systems (TKMS),... |
| TMO | Thermo Fisher Scientific Inc | Thermo Fisher openly markets an integrated suite of analytical technologies to the defense industry via a dedicated Defense Applications division. Their XRF and LIBS analyzers verify specialized alloy... |
| TSEM | Tower Semiconductor | Tower Semiconductor operates Jazz Semiconductor Trusted Foundry (JSTF), DoD Category 1A/1B accredited since 2013. Northrop Grumman Supplier Excellence Award 2024 and 2025. Strategic defense foundry su... |
| TXN | TEXAS INSTRUMENTS INC | Texas Instruments supplies precision data converters for military radar signal chains, motor control ICs for guided munition electromechanical actuators, and ruggedized microcontrollers for mission-cr... |
| TXT | Textron Inc. | Textron Inc. derives approximately 25% of its revenue from defense contracts, totaling $3.37 billion in 2024. The company is a major U.S. defense contractor, ranking 45th globally in the SIPRI Top 100... |
| VOYG | VOYAGER TECHNOLOGIES INC | Voyager Technologies develops missile defense and tactical munitions systems for the Pentagon. The company has been awarded contracts to advance airborne mission capabilities and munitions programs fo... |
| VSAT | Viasat | Viasat Inc. derives substantial revenue from military contracts through its Defense and Advanced Technologies segment. In December 2024, Viasat received a sole-source $568 million IDIQ contract from t... |
| VVX | V2x | V2X is a major U.S. defense contractor whose business is fundamentally oriented toward military applications. According to SIPRI data for 2024, the company generated an estimated $3.76 billion in arms... |
| WALCHANNAG | Walchandnagar Industries | Walchandnagar Industries Limited is a heavy engineering company whose core strategic business areas are Defense, Nuclear, and Aerospace. The company is listed as a major military contractor in the Sto... |
| WWD | Woodward Inc | Woodward Inc. designs and manufactures specialized fuel systems, engine controls, and actuation solutions for aerospace and defense applications. Its products are purpose-built for military platforms,... |
The Naughty List
A digest of changes to our exclusion list — new additions, removals, and the evidence behind them. We review the list continuously as new evidence surfaces.
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