How much do military contractors make a year?

People who work for defense contractors also provide support to other branches of the U.S. armed services, such as the veterans Affairs (VA) Department. Many DoD employees work for private companies that specialize in a particular type of technology, such as cyber-security or software development. Because they work for the government, these defense contractors don’t pay taxes on their income. Instead, they pay Uncle Sam through a complicated system of deductions and reimbursements, called the Federal Payment Accounting System.

How much do military contractors make a year reddit?

Here at Business Insider, we’ve looked at the top 10 highest-paying military contractor jobs — and what they pay. From the highest-paying to the lowest, the Department of Defense ( dod contractor jobs span about 22 different job categories.

How much does an army contractor make a year?

The number of private military contractors and number of years they’ve been in business has increased significantly since the 9/11 terrorist attacks. In 2017, there were 754,892 private security contractors working for the U.S. government, up 25% from 2010, according to the Congressional Research Service. Additionally, the number of contractors working in security, military, and emergency management increased by 11% from 2008 to 2009.

How much does an army contractor make?

In general, the salary of a private contractor working for the US military varies according to their position, experience, and location. An entry-level engineer might earn $50,000 a year, while an experienced cybersecurity expert could earn $100,000 or more. A private contractor working for the Navy, for example, will earn less than one working for the Army or the Marine Corps.

How much does a military contractor make a day?

Depending on your military occupation, you may make more or less than the national median salary for your area. If you work on a fixed-dollar annual salary, you’ll likely make more than someone who works on a per-hour basis. Pay rates vary by contractor and the type of work you do, but the base is typically somewhere between $30,000 and $100,000.