List of Biggest Defence Contractors
The defence industry is a huge and important part of the global economy, with billions of dollars spent each year on everything from weapons systems to logistics and support services. As such, it is no surprise that there are many large and well-known defence contractors around the world. If you‘re interested in learning more about the biggest players in this industry, then read on for our list of the top defence contractors.
1. Lockheed Martin
Lockheed Martin is by far the biggest defence contractor in the world, with annual revenues of over $60 billion in 2020. This company is involved in a wide range of activities, including the development and production of fighter jets, missile defence systems, and intelligence and surveillance technologies.
2. Boeing
Boeing is another giant in the defence industry, with revenues of more than $33 billion in 2020. This company is perhaps best known for its commercial airliners, but it also produces a wide range of military aircraft, weapons systems, and other defence technologies.
3. Raytheon
Raytheon is a major player in the defence industry, generating over $29 billion in revenue in 2020. This company is involved in the development and production of everything from missile systems to cybersecurity software, and has a strong presence in both the US and international markets.
4. General Dynamics
General Dynamics is a diversified company that operates in a variety of sectors, including aerospace, marine systems, and defence technologies. With revenues of over $37 billion in 2020, it is one of the largest defence contractors in the world.
5. BAE Systems
BAE Systems is a British multinational company that is heavily involved in the defence industry, with revenues of over $27 billion in 2020. This company produces a wide range of products, including fighter jets, submarines, and electronic warfare systems.
6. Northrop Grumman
Northrop Grumman is a major US-based defence contractor that is involved in the development and production of military aircraft, missile systems, and unmanned vehicles. With revenues of over $36 billion in 2020, it is one of the largest companies in the industry.
7. Airbus Defence and Space
Airbus Defence and Space is a European aerospace company that is heavily involved in the defence industry. This company produces a wide range of products, including military aircraft, satellites, and electronic warfare systems. With revenues of over $11 billion in 2020, it is one of the largest defence contractors in Europe.
8. L3Harris Technologies
L3Harris Technologies is a US-based company that is heavily involved in the defence and aerospace industries. With revenues of over $18 billion in 2020, it produces a wide range of products, including electronic warfare systems, unmanned vehicles, and satellite communications technologies.
9. Thales
Thales is a French multinational company that is heavily involved in the defence and aerospace industries. With revenues of over $20 billion in 2020, it produces a wide range of products, including missile systems, underwater sensors, and electronic warfare technologies.
10. Leonardo
Leonardo is an Italian multinational company that is heavily involved in the defence, aerospace, and security industries. With revenues of over $13 billion in 2020, it produces a wide range of products, including military aircraft, helicopters, and electronic warfare systems.
In conclusion, the defence industry is a massive sector that is dominated by a few large and well-known companies. From Lockheed Martin to Leonardo, these companies are involved in the development and production of everything from fighter jets to missile defence systems. If you‘re interested in working in this industry or just want to keep up with the latest trends and technologies, be sure to keep an eye on these top defence contractors.