Ten Fairfax County-based companies, in industries ranging from defense and technology consulting to financial services and hospitality, hold spots in Fortune magazine’s list of the 500 largest publicly traded companies in the United States. The 2014 Fortune 500 is available online.
The number of Fairfax County companies on the 2014 list is the same as the last two years. Two new entrants are Hilton Worldwide, the global hospitality firm, and technology consultant Leidos, which was formed when technology and engineering firm SAIC split into two companies in 2013. Two companies on the 2013 list, defense and aerospace firm Exelis and SAIC, fell off the Fortune 500 rankings but are part of the Fortune 1000 list along with Fairfax County-based homebuilder NVR and IT services provider ManTech International.
Fairfax County has more companies on the list than 30 states and has the same number as three states.
Fortune (@FortuneMagazine) based its rankings on annual revenue in 2013. Here are the Fairfax County companies on the list, their main industry sectors, and their location in the county:
32) Freddie Mac, mortgage securities, Tysons Corner
99) General Dynamics, defense and aviation, Falls Church
122) Northrop Grumman, defense and security, Falls Church
124) Capital One, financial services, Tysons Corner
185) CSC, technology consulting and systems integration, Falls Church
289) Hilton Worldwide, hospitality, Tysons Corner
442) Leidos, technology consulting, Reston
443) Booz Allen Holding, technology consulting, Tysons Corner
481) Gannett, publishing and television, Tysons Corner
495) NII Holdings, mobile communications services, Reston
“To be home to 10 Fortune 500 headquarters – 2 percent of the national total – is the best illustration of the confidence that major corporations have in the business climate of Fairfax County,” said Gerald L. Gordon, Ph.D., president and CEO of the Fairfax County Economic Development Authority (FCEDA). “Moreover, the diversity of the industry sectors represented is critical. While federal contracting remains a vital market for Fairfax County, it is important to ensure that we are not overly dependent on a single business sector.”