The Top 25 Largest Defense Companies In The World, 2015

From fighter jets to cruise missiles to submarines, these companies fuel the world’s desire for destruction. No one should find Lockheed Martin’s position at the top of the list of the world’s top 25 largest defense companies for 2015, surprising. In 2014, defense revenues of Lockheed Martin Corp. amounted to about 40.13 billion U.S. dollars, some 88% of the company’s total revenues.

With $29 billion in defense revenues in 2014, Boeing Co. is the second-largest defense company in the world. In 2014, BAE Systems Inc. garnered $25.45 billion in defense revenues, making it one of the top three defense companies in the world. BAE Systems, headquartered in London, UK, is also world’s largest non-America based defense company.

With defense revenues of $22.23 billion, Raytheon, the world’s leading producer of guided missiles, ranks 4th on the list of largest defense companies in the world. Mega- corporation created through mergers and acquisitions, General Dynamics took in $18.56 billion in defense revenues in 2014, more than 60% of the company’s total revenues for the year, bringing it into the top- 5 defense contractors in the world. Northrop Grumman Corp. is based in Virginia, and had defense revenue of $18.40 billion in 2014. This makes it the 6th largest defense contractor in the world.

The Top 25 Largest Defense Companies In The World, 2015

1. Lockheed Martin (US)
Defense Revenue: $40.13 billion
Percentage of company’s total revenue from defense contracts: 88.00%

2. Boeing Co. (US)
Defense Revenue: $29 billion
Percentage of company’s total revenue from defense contracts: 32.00%

3. BAE Systems (UK)
Defense Revenue: $25.45 billion
Percentage of company’s total revenue from defense contracts: 92.80%

4. Raytheon (US)
Defense Revenue: $22.23 billion
Percentage of company’s total revenue from defense contracts: 97.40%

5. General Dynamics (US)
Defense Revenue: $18.56 billion
Percentage of company’s total revenue from defense contracts: 60.20%

6. Northrop Grumman Corp. (US)
Defense Revenue: $18.40 billion
Percentage of company’s total revenue from defense contracts: 76.70%

7. Airbus Group (Netherlands)
Defense Revenue: $14.61 billion
Percentage of company’s total revenue from defense contracts: 18.10%

8. United Technologies (US)
Defense Revenue: $13 billion
Percentage of company’s total revenue from defense contracts: 20.00%

9. Finmeccanica (Italy)
Defense Revenue: $10.56 billion
Percentage of company’s total revenue from defense contracts: 54.20%

10. L-3 Communications (US)
Defense Revenue: $9.81 billion
Percentage of company’s total revenue from defense contracts: 80.90%

11. Almaz-Antey (Russia)
Defense Revenue: $9.21 billion
Percentage of company’s total revenue from defense contracts: 100.00%

12. Thales (France)
Defense Revenue: $8.46 billion
Percentage of company’s total revenue from defense contracts: 49.10%

13. Huntington Ingalls Industries (US)
Defense Revenue: $6.82 billion
Percentage of company’s total revenue from defense contracts: 98.00%

14. United Aircraft Corp (Russia)
Defense Revenue: $6.24 billion
Percentage of company’s total revenue from defense contracts: 80.00%

15. Rolls-Royce (UK)
Defense Revenue: $5.43 billion
Percentage of company’s total revenue from defense contracts: 22.60%

16. Honeywell (US)
Defense Revenue: $4.75 billion
Percentage of company’s total revenue from defense contracts: 11.80%

17. Textron (US)
Defense Revenue: $4.72 billion
Percentage of company’s total revenue from defense contracts: 34.00%

18. AECOM (US)
Defense Revenue: $4.43 billion
Percentage of company’s total revenue from defense contracts: 22.60%

19. Booz Allen Hamilton (US)
Defense Revenue: $4.1 billion
Percentage of company’s total revenue from defense contracts: 74.80%

20. Safran (France)
Defense Revenue: $4.08 billion
Percentage of company’s total revenue from defense contracts: 20.00%

21. DCNS (France)
Defense Revenue: $4.07 billion
Percentage of company’s total revenue from defense contracts: 100.00%

22. GE (US)
Defense Revenue: $4 billion
Percentage of company’s total revenue from defense contracts: 16.70%

23. Russian Helicopters (Russia)
Defense Revenue: $3.96 billion
Percentage of company’s total revenue from defense contracts: 80.00%

24. Leidos (US)
Defense Revenue: $3.63 billion
Percentage of company’s total revenue from defense contracts: 71.60%

25. Babcock International (UK)
Defense Revenue: $3.56 billion
Percentage of company’s total revenue from defense contracts: 48%