13 Bethesda Companies Make List Of Region’s Largest

Lockheed Martin's Center for Leadership Excellence, Flickr photo by kgunnarThe Washington Business Journal recently published a subscription-only list of the largest publicly traded companies in the area that includes 13 based in Bethesda and 30 in Montgomery County.

Montgomery County Director of Economic Development Steve Silverman praised that number as an indication of the “overall strength of our business community.”

Montgomery’s highest-ranking company on the list is Bethesda-based Lockheed Martin, ranked No. 3 with 2012 revenue of more than $47.1 billion. Also making the top 25 are Bethesda-based Marriott International (2012 revenue of $11.81 billion), Host Hotels & Resorts, (2012 revenue of $5.29 billion) and American Capital Agency Corp. (2012 revenue of $2.11 billion).

Other Bethesda companies on the list were USEC, Inc., a nuclear fuel provider, LaSalle Hotel Properties, RLJ Lodging Trust, DiamondRock Hospitality, private equity firm American Capital, Ltd., Pebblebrook Hotel Trust, real estate finance company Walker & Dunlop, First Potomac Realty Trust, developer Saul Centers, Eagle Bancorp, Chinese healthcare company Chindex International. American Capital Mortgage Investment Corp. and Sucampo Pharmaceuticals.

In May, the county announced a 4-percent job growth rate since 2010, meaning its workforce grew by nearly 25,000 jobs.

The county used the announcement to point out the job growth rate was slightly higher than the rate in Fairfax County, which it frequently competes against for large businesses. Three of the top five largest companies on the Washington Business Journal’s list are located in Fairfax.

Flickr photo by kgunnar


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