Top 10 Aerospace Companies

[Ranked by revenue]

Categories: fighter aircraft, military helicopters, transport aircraft, aircraft engines, avionics. Ordered by the most recent annual revenue we hold for each company.

Top 10 Aerospace Companies, ranked by revenue
Rank	Company	Revenue	Employees	Type
01	Aviation Industry Corporation of China (AVIC) China	$83.4 billion (2023)	500,000+	Prime Contractor
02	RTX Corporation United States RTX	$68.9 billion (2023)	185,000+	Prime Contractor
03	Lockheed Martin United States LMT	$67.6 billion (2023)	116,000+	Prime Contractor
04	Northrop Grumman United States NOC	$39.3 billion (2023)	95,000+	Prime Contractor
05	GE Aerospace United States GE	$32 billion (2023)	52,000+	Prime Contractor
06	BAE Systems United Kingdom BA.	£25.3 billion (2023)	93,100+	Prime Contractor
07	Mitsubishi Heavy Industries Japan 7011	¥4.2 trillion (2023)	77,000+	Prime Contractor
08	Boeing Defense, Space & Security United States BA	$24.9 billion (2023)	140,000+	Prime Contractor
09	Safran France SAF	€23.0 billion (2023)	83,000+	Prime Contractor
10	Rostec Russia	₽2.2 trillion (2023)	600,000+	Government Entity

How This List Is Made

Eligible: Categories: fighter aircraft, military helicopters, transport aircraft, aircraft engines, avionics. Active companies only.
Excluded: Subsidiaries and divisions, so that a parent and its units are not counted twice.
Ranked by: Total annual revenue as recorded on each profile, usually for 2023. This is company revenue, not defence revenue. Figures in other currencies are converted to US dollars at approximate average rates to put them in order; the table shows the original figure.
Coverage: 52 of 240 eligible companies have revenue data. Companies without it are not ranked.
Defence revenue: For a ranking by defence revenue alone, see the Top 100 defence companies.

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