Ranking of the World's Top 100 Military Companies, 2002-2022

A military company is a firm that provides weapons, military equipment, and related services. These companies primarily operate through government contracts and play a crucial role in national security and the defense industry.

The global military companies play a crucial role in the defense industry by developing, producing, and selling military equipment, aircraft, ships, and electronic systems. These companies provide essential products and services for national security and military strength, significantly impacting the world economy. Below, we will examine the revenues and roles of the major military companies in detail.

Major Military Companies

1. Lockheed Martin Corp.

   • 2022 Revenue: $59.39 billion
   • Lockheed Martin offers a wide range of military products, including aircraft, missiles, combat systems, and space systems. Notable products include the F-35 fighter jet, Aegis combat system, and THAAD missile defense system. Lockheed Martin plays a crucial role as a key player in the U.S. defense industry.

2. RTX Corporation

   • 2022 Revenue: $39.57 billion
   • RTX Corporation is a global leader in the aerospace and defense industry, producing missile defense systems, radars, surveillance equipment, and more. Well-known for its Patriot missile system, RTX provides various electronic warfare and defense systems that contribute to global security.

3. Northrop Grumman Corp.

   • 2022 Revenue: $32.3 billion
   • Northrop Grumman offers a variety of military and defense products, including aircraft, unmanned systems, C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance) systems, and cybersecurity solutions. Notable products include the B-2 stealth bomber and Global Hawk unmanned aircraft.

4. Boeing

   • 2022 Revenue: $29.3 billion
   • Boeing is well-known as an aircraft manufacturer but also plays a significant role in the defense industry. Boeing produces Apache helicopters, KC-46 tankers, various military aircraft, and space exploration equipment. Boeing collaborates closely with the U.S. Department of Defense on numerous military projects.

5. General Dynamics Corp.

   • 2022 Revenue: $28.32 billion
   • General Dynamics provides a wide range of defense products, including military vehicles, submarines, communication systems, and IT solutions. Notable products include the M1 Abrams tank and Virginia-class submarines. General Dynamics boasts an extensive product range across maritime, land, and aerospace sectors.

Global military companies hold a vital position in the defense industry through their advanced technologies and innovative products. These companies' growth significantly contributes to national security and defense capabilities, having a substantial impact on the global economy. Each company strives to introduce new technologies and maintain competitiveness in the global market through continuous research and development.