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Top 100 Aerospace Companies (2025)
Dipesh Dhital
January 15, 2025
The global aerospace & defense industry stands at a pivotal moment in 2025, with the global market projected to surpass a record revenue of over $900 billion. Following a strong recovery in commercial aviation and increased defense spending worldwide, the sector is experiencing unprecedented growth.
Major players like Boeing, RTX, Lockheed Martin, and Airbus continue to dominate while facing new competition from emerging markets and manufacturers.
Aerospace & Defense is also being reshaped by artificial intelligence (AI), advanced air mobility (AAM), and sustainable aviation technologies as companies adapt to meet evolving customer demands and market forces in 2025.
This list of 100 top aerospace and defense companies is based on my market outlook for 2025 and the latest revenue numbers (2024).
Let's get started.
1. Boeing
The Boeing Company is still the world's largest aerospace corporation and a leading manufacturer of commercial aircraft, defense systems, and space technology.
Founded on July 15, 1916, by William Boeing in Seattle, Washington, the company has grown to become America's largest exporter by dollar value.
Headquarters: Crystal City, Virginia, United States
Website: boeing.com
Key Segments
Commercial Airplanes (BCA): Commercial jetliners, including 737, 777, and 787 families
Defense, Space & Security (BDS): Military aircraft, satellites, and defense systems
Global Services (BGS): Maintenance, repair, training, and supply chain solutions
Boeing Capital Corporation: Financing services
Boeing Outlook for 2025
The company faces a pivotal year of transformation and recovery in 2025. Under new CEO Kelly Ortberg's leadership, Boeing is implementing comprehensive safety and quality improvements following the January 2024 Alaska Airlines incident.
Production of the 737 MAX is expected to gradually increase to 38 aircraft per month by May 2025, though under strict FAA oversight.
Despite these challenges, Boeing maintains a substantial order backlog worth over half a trillion dollars, providing a strong foundation for future growth.
2. RTX Corporation
RTX Corporation was formed through the merger of Raytheon Company and United Technologies Corporation (UTC).
The company pushes the boundaries of technology and science across aviation, defense systems, and next-generation manufacturing.
Headquarters: Arlington, Virginia, United States
Website: rtx.com
Key Segments
Collins Aerospace (aviation technology and communications)
Pratt & Whitney (aircraft engines)
Raytheon (defense systems and missiles)
RTX Outlook for 2025
RTX enters 2025 with strong momentum, supported by a record $221 billion project backlog.
RTX recently secured significant contracts, including a $946 million Patriot defense system deal with Romania in January 2025.
RTX's strategic focus on commercial aerospace recovery, defense modernization, and next-generation technology positions it well for continued expansion.
3. Lockheed Martin
Founded in 1995 through the merger of Lockheed Corporation and Martin Marietta, the company has established itself as a cornerstone of global defense and space technology innovation.
Headquarters: Bethesda, Maryland, United States
Website: lockheedmartin.com,
Key Segments
Aeronautics (F-35, F-22, C-130)
Missiles and Fire Control
Rotary and Mission Systems
Space Systems
Lockheed Martin Outlook for 2025
The company projects strong growth for 2025.
Key developments include the planned launch of their first Next-Gen OPIR missile warning satellite and the innovative TacSat demonstration featuring 5G.MIL® payload.
The company continues to expand its portfolio with strategic investments in nuclear propulsion technologies and advanced space capabilities.
4. Airbus
Airbus is Europe's largest aerospace corporation and a global leader in commercial aircraft manufacturing, defense systems, and space technology.
The company has maintained its position as the world's leading commercial aircraft manufacturer since 2019, outpacing its main rival, Boeing, in deliveries and orders.
Headquarters: Blagnac (Toulouse), France
Website: airbus.com
Key Segments
Airbus Outlook for 2025
The company delivered 766 commercial aircraft in 2024 and projects approximately 820-830 deliveries for 2025.
Airbus continues to dominate the single-aisle market with the A321neo and game-changing A321XLR, while the A350 program gains momentum with significant widebody orders.
However, the company faces strategic challenges in its Defense and Space division, announcing workforce reductions of 2,500 positions by mid-2026 due to market pressures.
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