Top Aerospace and Defence Companies by Revenue 2025

About This Dataset

Aerospace and defence companies ranked by total annual revenue in billions of USD in 2025, according to company earnings reports and Defense News Top 100 rankings. Boeing leads global aerospace revenue despite the severe reputational and financial damage inflicted by the 737 MAX crises of 2018–2019 and subsequent manufacturing quality scandals — its commercial aviation division's backlog of over 5,000 aircraft, the irreplaceable position of its defence contracts with the US military, and the duopoly structure of large commercial aircraft manufacturing that it shares exclusively with Airbus mean that no credible alternative exists for airlines or governments requiring large-scale aircraft procurement, giving Boeing a structural resilience that pure market dynamics alone would not sustain.

✨ AI Insight

Boeing's projected revenue of $78 billion in 2025 underscores its resilience despite past crises, primarily due to its essential defense contracts and the duopoly it shares with Airbus in commercial aviation. Lockheed Martin and Airbus, with revenues of $72 billion and $71 billion respectively, are also significant players, yet they fall short of Boeing's lead, indicating a clear gap between the top three and the rest of the market. RTX (Raytheon) follows with $68 billion, while General Dynamics and Northrop Grumman trail at $48 billion and $42 billion, respectively. This disparity may be attributed to Boeing's unique position in the commercial sector, which is less susceptible to fluctuations compared to defense-focused companies. The trend suggests a consolidation of revenue among a few key players, reinforcing their market dominance.

Source: Wikipedia

Key Findings

Auto-computed highlights from this dataset

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Boeing leads with 78 in 2025.

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Average value in 2025: 54 · median: 58.

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Gap in 2025: Boeing is 3.7× larger than L3Harris Technologies.