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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.
Table of Contents
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
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)
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
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
5. AVIC (Aviation Industry Corporation of China)
AVIC is China's largest state-owned aerospace and defense conglomerate, responsible for producing essentially all of China's domestic military aircraft, UAVs, and helicopters.
Founded in 1951, AVIC has grown into one of the world's largest aviation enterprises, with operations spanning commercial aircraft, defense systems, and space technology.
Headquarters: Beijing, China
Website: avic.com
Key Segments
Military Aircraft (fighters, bombers, transport aircraft)
Commercial Aviation (passenger aircraft, components)
Helicopters (civil and military rotorcraft)
Unmanned Systems (military and civilian drones)
Space Systems (satellites, spacecraft)
6. General Dynamics
General Dynamics specializes in business aviation, combat vehicles, weapons systems, shipbuilding, and information technology solutions.
Founded in 1952, the company has established itself as a cornerstone of the U.S. defense industrial base.
Headquarters: Reston, Virginia, United States
Website: gd.com
Key Segments
Aerospace (Gulfstream business jets)
Marine Systems (nuclear submarines, surface combatants)
Combat Systems (military vehicles, weapons systems)
Technologies (IT solutions, mission systems)
7. Northrop Grumman
Northrop Grumman Corporation has expertise spanning from undersea to outer space and cyberspace.
With 95,000 employees and annual revenue exceeding $39 billion, it stands as one of the world's largest weapons manufacturers and military technology providers.
Headquarters: Falls Church, Virginia, United States
Website: northropgrumman.com
Key Segments
Aeronautics Systems (autonomous systems, manned aircraft)
Defense Systems (missile systems, mission readiness)
Mission Systems (airborne sensors, maritime systems)
Space Systems (space vehicles, launch systems, strategic missiles)
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