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10 companies sitting on orders worth billions of dollars
There are companies in the world that are sitting on orders worth billions of dollars due to unfinished work or orders received that are incomplete or in the process of being completed, according to 24/7 Wall St.
Let's take a look at some of these firms.
Source: 24/7 Wall St
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10 companies sitting on orders worth billions of dollars
Boeing
Industry: Aerospace and defence
Headquarters: Chicago, Illinois, United States
Backlog of orders: $415.1 billion
Total revenue in 2012: $81.7 billion
Overall rank in backlog: 1
Boeing, which was founded in 1916, is a major player in aerospace and defence industries.
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10 companies sitting on orders worth billions of dollars
General Electric
Industry: Conglomerate
Headquarters: New York, United States
Backlog of orders: $229.0 billion
Total revenue in 2012: $147.4 billion
Overall rank in backlog: 2
General Electric, which was founded in 1892, is mainly involved in these areas: Energy, technology infrastructure and capital finance.
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10 companies sitting on orders worth billions of dollars
IBM
Industry: Computer hardware, computer software, IT services and IT consulting
Headquarters: New York, United States
Backlog of orders: $141.0 billion
Total revenue in 2012: $104.5 billion
Overall rank in backlog: 3
IBM, which was founded in 1911, manufactures and sells computer hardware, software and other IT-related services.
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10 companies sitting on orders worth billions of dollars
Lockheed Martin
Industry: Aerospace, defence and information security
Headquarters: Bethesda, Maryland, United States
Backlog of orders: $78.7 billion
Total revenue in 2012: $47.2 billion
Overall rank in backlog: 4
Lockheed Martin, which was founded in 1995, is one of the largest defence contractors in the world.
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10 companies sitting on orders worth billions of dollars
General Dynamics
Industry: Aerospace and defence
Headquarters: West Falls Church, Virginia, United States
Backlog of orders: $47.9 billion
Total revenue in 2012: $31.5 billion
Overall rank in backlog: 5
General Dynamics, which was founded in 1899, is the fifth-largest defence contractor in the world.
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10 companies sitting on orders worth billions of dollars
Northrup Grumman
Industry: Aerospace and defence
Headquarters: West Falls Church, Virginia, United States
Backlog of orders: $37.5 billion
Total revenue in 2012: $25.2 billion
Overall rank in backlog: 6
Northrup Grumman, which was founded in 1994, employs more than 68,000 people worldwide.
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10 companies sitting on orders worth billions of dollars
Fluor Corporation
Industry: Construction
Headquarters: Irving, Texas, United States
Backlog of orders: $37.0 billion
Total revenue in 2012: $27.6 billion
Overall rank in backlog: 7
Fluor Corporation, which was founded in 1890, provides engineering, procurement, construction and maintenance services around the world.
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10 companies sitting on orders worth billions of dollars
Chicago Bridge & Iron Company
Industry: Engineering, construction, oil and gas
Headquarters: The Hague, Netherlands
Backlog of orders: $24.5 billion
Total revenue in 2012: $5.5 billion
Overall rank in backlog: 8
Chicago Bridge & Iron Company, which was founded in 1889, is mainly involved in projects for oil and gas companies.
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10 companies sitting on orders worth billions of dollars
Caterpillar
Industry: Heavy equipment, engines and financial services
Headquarters: Peoria, Illinois, United States
Backlog of orders: $19.1 billion
Total revenue in 2012: $65.9 billion
Overall rank in backlog: 9
Caterpillar, which was founded in 1925, is the biggest manufacturer of construction and mining equipment in the world.
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10 companies sitting on orders worth billions of dollars
Aecom
Industry: Architecture, engineering and construction
Headquarters: Los Angeles, California, United States
Backlog of orders: $16.6 billion
Total revenue in 2012: $8.2 billion
Overall rank in backlog: 10
Aecom, which was founded in 1990, is an acronym for architecture, engineering, consulting, operations and maintenance.