List of largest defense contractors in the world

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The general global military economy has been transformed over the recent past by global military expenditure and technological advancement trends. A defence contractor is a business association or individual that provides products or services to a military or intelligence department of a government or country. Products typically include vehicles, weaponry, military or civilian aircraft, ships, and electronic systems. At the same time, services can consist of logistics, technical support and also training, communications support, and even engineering support in cooperation with the government.

Being a prime contractor can benefit any business’s growth and development. You can still bid for defence contracts whether you have a small business or a large establishment. Nevertheless, security contractors do not generally provide direct support for military operations. Under the 1949 Geneva Conventions, top military contractors engaged in direct support of military procedures may be legitimate targets of military interrogation.
Check out the list of the top 20 largest defence contractors in the world.

Rank
 
Company Defense revenue
 
1. Lockheed Martin
 
58.21 billion
2.
 
Raytheon Technologies 36.79 billion
 
3. Boeing
 
32.01 billion
4.
 
Northrop Grumman 20.24 billion
 
5. General Dynamics Corp.
 
25.77 billion
6.
 
BAE Systems 23.96 billion
 
7. NORINCO
 
17.75 billion
8.
 
AVIC 16.98 billion
 
9. CETC
 
14.75 billion
10.
 
L3Harris Technologies 14.20 billion
 
11. Airbus
 
11.93 billion
12.
 
CASIC 12.06 billion
 
13. Leonardo
 
11.17 billion
14.
 
Thales Group 9.12 billion
 
15. Huntington Ingalls
 
8.27 billion
16.
 
Leidos 7.38 billion
 
17. Almaz-Antey
 
6.07 billion
18.
 
Honeywell 5.87 billion
 
19. Booz Allen Hamilton
 
5.53 billion
20.
 
CSGC 5.42 billion