Inside Higher Ed reports that UCLA is among the top ten universities in research and development spending. It has been in that group for some time. Basically, the key determinants are having a med school and getting a lot of federal research funding.
The top ten are:
Johns Hopkins
U of Michigan (Ann Arbor)
U of Wisconsin (Madison)
U of Washington (Seattle)
Duke
UC-San Diego
UCLA
UC-San Francisco
Stanford
U of Pennsylvania
Data from http://www.insidehighered.com/quicktakes/2012/04/02/hopkins-again-leads-rd-spending. There is a link in this article to NSF data. When you click on the link to the article, go to Table 5.
It's good to be among the tops:
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