2026 Top 100
This year's rank ㅣ Last year's rank
Company
Country
Total Revenue 2025 (USD)
Total Defense Revenue 2025 (USD)
Total Revenue 2024 (USD)
Total Defense Revenue 2024 (USD)
2025 Revenue From Defense
| 1 | 1 | Lockheed Martin | U.S. | $75,048,000,000 | $72,137,000,000 | $71,043,000,000 | $68,390,000,000 | 96% |
| 2 | 2 | RTX | U.S. | $88,600,000,000 | $46,000,000,000 | $80,700,000,000 | $43,000,000,000 | 52% |
| 3 | 5 | General Dynamics | U.S. | $52,600,000,000 | $39,400,000,000 | $47,700,000,000 | $36,400,000,000 | 75% |
| 4 | 4 | Northrop Grumman | U.S. | $41,954,000,000 | $37,037,000,000 | $41,033,000,000 | $36,631,000,000 | 88% |
| 5 | 6 | BAE Systems | U.K. | $37,333,000,000 | $36,000,000,000 | $33,604,000,000 | $32,300,000,000 | 96% |
| 6 | 7 | The Boeing Company | U.S. | $89,643,000,000 | $35,742,000,000 | $66,517,000,000 | $31,750,000,000 | 40% |
| 7 | NEW | Aviation Industry Corporation of China (AVIC) | China | $86,041,380,278 | $32,265,517,604 | $81,260,258,729 | $30,472,597,023 | 37% |
| 8 | 9 | L3Harris Technologies | U.S. | $21,865,000,000 | $17,391,000,000 | $21,325,000,000 | $16,982,000,000 | 80% |
| 9 | 13 | Leonardo | Italy | $22,012,000,000 | $15,629,000,000 | $19,228,896,103 | $13,822,934,783 | 71% |
| 10 | 14 | Airbus | Netherlands/France | $82,844,243,792 | $15,124,153,499 | $74,736,000,000 | $12,705,120,000 | 18% |
| 11 | 11 | China North Industries Corporation (NORINCO) | China | $66,495,543,414 | $14,429,532,894 | $61,570,304,215 | $13,360,756,016 | 22% |
| 12 | 10 | Thales | France | $24,984,198,646 | $13,808,126,411 | $22,223,160,000 | $15,900,840,000 | 55% |
| 13 | 16 | HII | U.S. | $12,484,000,000 | $12,301,000,000 | $11,535,000,000 | $11,527,000,000 | 99% |
| 14 | 15 | Leidos | U.S. | $17,174,000,000 | $11,982,489,000 | $16,662,000,000 | $11,558,152,000 | 70% |
| 15 | 18 | Rheinmetall AG | Germany | $11,213,187,037 | $11,213,187,037 | $8,349,612,040 | $8,349,612,040 | 100% |
| 16 | 22 | Hanwha | South Korea | $52,599,904,767 | $10,437,638,339 | $40,844,772,486 | $6,817,347,000 | 20% |
| 17 | 8 | China State Shipbuilding Corporation (CSSC) | China | $51,033,951,606 | $10,206,790,293 | $49,630,678,815 | $9,926,135,763 | 20% |
| 18 | 17 | Amentum | U.S. | $14,400,000,000 | $8,300,000,000 | $13,900,000,000 | $8,500,000,000 | 58% |
| 19 | 19 | Booz Allen Hamilton | U.S. | $11,217,000,000 | $7,969,000,000 | $11,980,000,000 | $7,810,000,000 | 71% |
| 20 | 26 | Saab | Sweden | $8,065,423,418 | $7,497,809,029 | $6,027,323,438 | $5,545,050,581 | 93% |
| 21 | 21 | Elbit Systems Ltd | Israel | $7,938,627,000 | $7,412,787,000 | $6,827,871,000 | $6,274,052,000 | 93% |
| 22 | 20 | CACI International Inc | U.S. | $8,764,291,000 | $7,293,162,000 | $8,132,449,000 | $7,266,596,000 | 83% |
| 23 | 24 | Honeywell | U.S. | $37,440,000,000 | $7,220,000,000 | $34,498,000,000 | $6,091,000,000 | 19% |
| 24 | 60 | China Aerospace Science and Technology Corporation (CASC) | China | $33,523,533,876 | $7,174,036,190 | $34,096,147,308 | $7,296,575,463 | 21% |
| 25 | 23 | GE Aerospace | U.S. | $45,855,000,000 | $6,574,000,000 | $38,702,000,000 | $6,109,000,000 | 14% |
| 26 | 27 | MBDA | France | $6,546,275,395 | $6,546,275,395 | $5,305,000,000 | $5,305,000,000 | 100% |
| 27 | 28 | Israel Aerospace Industries | Israel | $7,384,000,000 | $6,411,000,000 | $6,112,000,000 | $5,209,000,000 | 87% |
| 28 | 29 | Safran | France | $35,402,146,000 | $6,372,386,000 | $29,567,594,000 | $5,198,256,000 | 18% |
| 29 | 25 | Rolls-Royce | U.K. | $26,428,194,993 | $6,287,220,026 | $22,489,000,000 | $5,697,720,000 | 24% |
| 30 | 31 | Rafael | Israel | $6,280,000,000 | $6,280,000,000 | $4,800,000,000 | $4,800,000,000 | 100% |
| 31 | 48 | Bechtel | U.S. | $23,500,000,000 | $5,700,000,000 | $23,000,000,000 | $3,080,000,000 | 24% |
| 32 | 32 | Naval Group | France | $5,281,038,375 | $5,281,038,375 | $4,761,039,000 | $4,761,039,000 | 100% |
| 33 | 35 | Dassault Aviation | France | $8,350,000,000 | $5,200,000,000 | $6,700,000,000 | $5,300,000,000 | 62% |
| 34 | 37 | KNDS | Netherlands | $4,966,139,955 | $4,966,139,955 | $4,114,286,385 | $4,114,286,385 | 100% |
| 35 | 36 | Babcock International Group | U.K. | $6,363,900,000 | $4,709,286,000 | $5,606,768,838 | $4,149,008,940 | 74% |
| 36 | 49 | Joint Stock Company "Ukrainian Defense Industry" | Ukraine | $4,567,478,669 | $4,567,478,669 | $3,007,000,000 | $3,007,000,000 | 100% |
| 37 | 38 | EDGE Group | UAE | $5,056,000,000 | $4,507,000,000 | $4,900,000,000 | $4,020,000,000 | 89% |
| 38 | 12 | China South Industries Group Corporation (CSGC) | China | $5,957,330,201 | $4,467,997,615 | $6,088,009,042 | $4,578,105,439 | 75% |
| 39 | 30 | KBR | U.S. | $7,786,000,000 | $4,464,800,000 | $7,742,000,000 | $4,968,400,000 | 57% |
| 40 | 43 | ASELSAN ELEKTRONİK SANAYİ VE TİCARET A.Ş. | Turkey | $4,562,912,613 | $4,463,919,954 | $3,657,333,932 | $3,541,672,966 | 98% |
| 41 | 54 | Polish Armaments Group | Poland | $5,468,000,000 | $4,374,000,000 | $3,164,538,500 | $2,278,467,720 | 80% |
| 42 | 41 | V2X | U.S. | $4,480,038,000 | $4,252,087,000 | $4,322,155,000 | $3,921,271,000 | 95% |
| 43 | 69 | Eaton | Ireland | $27,448,000,000 | $4,249,000,000 | $24,878,000,000 | $1,647,000,000 | 15% |
| 44 | 34 | Peraton | U.S. | $6,400,000,000 | $4,100,000,000 | $6,974,300,000 | $4,376,600,000 | 64% |
| 45 | 45 | Textron Inc. | U.S. | $14,799,000,000 | $3,993,000,000 | $13,702,000,000 | $3,370,000,000 | 27% |
| 46 | 46 | TransDigm | U.S. | $9,048,000,000 | $3,883,580,000 | $8,157,000,000 | $3,262,800,000 | 43% |
| 47 | 42 | SAIC | U.S. | $7,262,000,000 | $3,778,000,000 | $7,479,000,000 | $3,873,000,000 | 52% |
| 48 | 47 | Turkish Aerospace | Turkey | $3,823,243,581 | $3,646,395,839 | $3,287,106,189 | $3,151,029,596 | 95% |
| 49 | 44 | Hindustan Aeronautics Ltd. | India | $3,555,598,912 | $3,448,930,945 | $3,561,567,000 | $3,383,488,650 | 97% |
| 50 | 39 | Parsons | U.S. | $6,364,245,000 | $3,220,797,000 | $6,750,576,000 | $4,007,114,000 | 51% |
| 51 | 59 | Kongsberg Gruppen ASA | Norway | $5,639,000,000 | $3,037,000,000 | $4,544,000,000 | $2,292,000,000 | 54% |
| 52 | 53 | LIG Nex1 | South Korea | $3,029,233,095 | $3,029,233,095 | $2,360,000,000 | $2,360,000,000 | 100% |
| 53 | NEW | ARCA SAVUNMA SANAYİ TİCARET ANONİM ŞİRKETİ | Turkey | $3,006,845,607 | $3,004,033,759 | $654,017,540 | $653,180,523 | 100% |
| 54 | 50 | ST Engineering | Singapore | $9,446,386,000 | $2,907,421,576 | $8,627,130,000 | $2,677,888,294 | 31% |
| 55 | 40 | SpaceX | U.S. | $18,674,000,000 | $2,900,000,000 | $13,100,000,000 | $4,000,000,000 | 16% |
| 56 | 52 | Hensoldt AG | Germany | $2,770,880,361 | $2,770,880,361 | $2,424,242,000 | $2,424,242,000 | 100% |
| 57 | 75 | ManTech | U.S. | $3,100,000,000 | $2,728,000,000 | $3,100,000,000 | $1,300,000,000 | 88% |
| 58 | 82 | Diehl Group | Germany | $5,869,074,492 | $2,595,936,795 | $5,082,034,632 | $1,169,867,965 | 44% |
| 59 | 57 | Bharat Electronics Ltd | India | $2,727,898,730 | $2,591,503,794 | $2,423,027,510 | $2,107,034,935 | 95% |
| 60 | 51 | QinetiQ | U.K. | $2,533,600,000 | $2,533,600,000 | $2,466,900,000 | $2,466,900,000 | 100% |
| 61 | 67 | Hyundai Rotem | South Korea | $4,106,826,729 | $2,464,096,037 | $3,203,452,985 | $1,740,000,000 | 60% |
| 62 | 73 | MITRE | U.S. | $2,700,000,000 | $2,430,000,000 | $2,469,000,000 | $1,453,000,000 | 90% |
| 63 | 55 | Fincantieri S.p.A. | Italy | $10,376,505,643 | $2,389,217,916 | $8,796,903,680 | $1,898,133,983 | 23% |
| 64 | 71 | ROKETSAN A.Ş. | Turkey | $2,368,777,862 | $2,368,777,862 | $2,004,622,148 | $2,004,622,148 | 100% |
| 65 | 64 | Serco | U.K. | $6,425,559,947 | $2,274,044,796 | $6,111,950,000 | $1,910,000,000 | 35% |
| 66 | 61 | Viasat | U.S. | $4,640,300,000 | $2,212,300,000 | $4,519,600,000 | $2,039,100,000 | 48% |
| 67 | 93 | Anduril | U.S. | $2,200,000,000 | $2,200,000,000 | $1,000,000,000 | $950,000,000 | 100% |
| 68 | 58 | BWX Technologies, Inc. | U.S. | $3,198,425,000 | $2,176,461,000 | $2,703,654,000 | $2,095,900,000 | 68% |
| 69 | 74 | Moog Inc. | U.S. | $4,053,000,000 | $2,111,000,000 | $3,609,159,573 | $1,394,776,700 | 52% |
| 70 | 56 | Oshkosh | U.S. | $10,422,300,000 | $2,096,700,000 | $10,730,200,000 | $2,155,200,000 | 20% |
| 71 | 65 | Parker Hannifin Corporation | U.S. | $20,461,423,000 | $2,085,349,000 | $19,900,000,000 | $1,879,000,000 | 10% |
| 72 | 68 | Amphenol | U.S. | $23,095,000,000 | $2,078,550,000 | $15,222,700,000 | $1,674,497,000 | 9% |
| 73 | 66 | Curtiss-Wright Corporation | U.S. | $3,498,000,000 | $2,022,000,000 | $3,121,000,000 | $1,792,000,000 | 58% |
| 74 | 62 | Korea Aerospace Industries, LTD. | South Korea | $2,599,826,943 | $1,862,620,304 | $2,663,735,011 | $1,937,615,188 | 72% |
| 75 | 84 | NAVANTIA SA SME | Spain | $2,325,117,786 | $1,845,195,718 | $1,653,864,000 | $1,158,874,000 | 79% |
| 76 | NEW | Carpenter Technology | U.S. | $2,877,100,000 | $1,768,600,000 | $2,759,700,000 | $1,517,835,000 | 61% |
| 77 | NEW | Aerovironment | U.S. | $1,829,300,000 | $1,705,300,000 | $716,700,000 | $716,700,000 | 93% |
| 78 | 87 | Indra Group | Spain | $6,158,749,435 | $1,588,036,117 | $5,241,187,229 | $1,115,000,000 | 26% |
| 79 | 72 | CAE Inc. | Canada | $3,367,596,567 | $1,429,613,734 | $3,126,131,387 | $1,348,175,182 | 42% |
| 80 | 70 | Palantir Technologies | U.S. | $4,480,000,000 | $1,424,000,000 | $2,866,000,000 | $1,574,000,000 | 32% |
| 81 | 80 | Makine ve Kimya Endüstrisi | Turkey | $1,421,379,234 | $1,421,379,234 | $1,209,280,000 | $1,209,280,000 | 100% |
| 82 | 76 | HEICO | U.S. | $4,645,497,000 | $1,416,525,000 | $3,858,000,000 | $1,298,000,000 | 30% |
| 83 | 81 | Howmet Aerospace | U.S. | $8,252,000,000 | $1,402,840,000 | $7,400,000,000 | $1,184,000,000 | 17% |
| 84 | 77 | Melrose | U.K. | $4,728,590,250 | $1,370,487,483 | $4,429,628,081 | $1,287,386,269 | 29% |
| 85 | 91 | Kratos Defense and Security Solutions | U.S. | $1,346,800,000 | $1,346,800,000 | $1,136,300,000 | $988,700,000 | 100% |
| 86 | 86 | TTM Technologies Inc. | U.S. | $2,900,000,000 | $1,300,000,000 | $2,442,753,000 | $1,127,529,000 | 45% |
| 87 | 79 | Saudi Arabian Military Industries | Saudi Arabia | $1,441,000,000 | $1,244,500,000 | $1,441,000,000 | $1,244,500,000 | 86% |
| 88 | 89 | Teledyne Technologies Incorporated | U.S. | $6,115,400,000 | $1,203,600,000 | $5,670,000,000 | $1,062,700,000 | 20% |
| 89 | 83 | The Aerospace Corporation | U.S. | $1,400,000,000 | $1,188,635,201 | $1,365,022,000 | $1,158,938,000 | 85% |
| 90 | 98 | Patria Group | Finland | $1,226,500,000 | $1,154,600,000 | $893,600,000 | $819,000,000 | 94% |
| 91 | 97 | Nammo AS | Norway | $1,386,643,572 | $1,150,914,164 | $1,011,043,000 | $808,625,000 | 83% |
| 92 | 90 | StandardAero | U.S. | $6,062,000,000 | $1,081,000,000 | $5,228,421,053 | $993,400,000 | 18% |
| 93 | 95 | RENK Group | Germany | $1,546,275,395 | $1,013,800,000 | $1,232,280,000 | $887,241,600 | 66% |
| 94 | 94 | M1 Support Services | U.S. | $1,000,000,000 | $1,000,000,000 | $900,000,000 | $900,000,000 | 100% |
| 95 | 96 | Mercury Systems | U.S. | $942,600,000 | $942,600,000 | $833,075,000 | $833,075,000 | 100% |
| 96 | NEW | John Cockerill Defense | Belgium | $893,013,000 | $893,013,000 | $535,366,000 | $535,366,000 | 100% |
| 97 | NEW | Woodward | U.S. | $3,823,000,000 | $824,000,000 | $3,310,000,000 | $675,000,000 | 22% |
| 98 | 100 | Hexcel Corporation | U.S. | $1,893,900,000 | $747,000,000 | $1,900,000,000 | $703,000,000 | 39% |
| 99 | 99 | AM General | U.S. | $740,000,000 | $740,000,000 | $740,000,000 | $740,000,000 | 100% |
| 100 | 88 | SES S.A. | Luxembourg | $2,627,000,000 | $726,000,000 | $2,165,982,900 | $1,082,991,450 | 28% |
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