Rank | Last Year’s Rank | Company | Leadership | Country | 2014 Defense Revenue* (in millions) | 2013 Defense Revenue* (in millions) | % Defense Revenue Change | 2014 Total Revenue* (in millions) | Revenue From Defense | 1 | 1 | Lockheed Martin | Marillyn Hewson, Chairman, President & CEO | US | 40,128.00 | 40,494.00 | -0.90% | 45,600.00 | 88.00% | 2 | 2 | Boeing | Dennis Muilenburg, President & CEO | US | 29,000.00 | 32,000.00 | -9.40% | 90,762.00 | 32.00% | 3 | 3 | BAE Systems | Ian King, CEO | UK | 25,449.00 | 28,014.00 | -9.20% | 27,411.30 | 92.80% | 4 | 4 | Raytheon | Thomas Kennedy, Chairman & CEO | US | 22,228.20 | 22,047.60 | 0.80% | 22,826.00 | 97.40% | 5 | 6 | General Dynamics | Phebe Novakovic, Chairman & CEO | US | 18,561.00 | 18,836.00 | -1.50% | 30,852.00 | 60.20% | 6 | 5 | Northrop Grumman | Wes Bush, Chairman, President & CEO | US | 18,400.00 | 19,500.00 | -5.60% | 23,979.00 | 76.70% | 7 | 7 | Airbus Group1 | Tom Enders, CEO | Netherlands | 14,609.50 | 16,546.50 | -11.70% | 80,686.40 | 18.10% | 8 | 8 | United Technologies | Gregory Hayes, President & CEO | US | 13,020.00 | 11,894.00 | 9.50% | 65,100.00 | 20.00% | 9 | 10 | Finmeccanica | Mauro Moretti, CEO & General Manager | Italy | 10,561.40 | 10,896.30 | -3.10% | 19,486.80 | 54.20% | 10 | 11 | L-3 Communications | Michael Strianese, Chairman, President & CEO | US | 9,808.00 | 10,336.00 | -5.10% | 12,124.00 | 80.90% | 11 | 12 | Almaz-Antey | Yan Novikov, CEO | Russia | 9,209.80 | 8,326.30 | 10.60% | 9,209.80 | 100.00% | 12 | 9 | Thales2 | Patrice Caine, Chairman & CEO | France | 8,461.60 | 10,961.60 | -22.80% | 17,242.20 | 49.10% | 13 | 13 | Huntington Ingalls Industries | Mike Petters, President & CEO | US | 6,818.00 | 6,324.00 | 7.80% | 6,957.00 | 98.00% | 14 | – | United Aircraft Corp3 | Yury Slyusar, President & Chairman of Management Board | Russia | 6,244.00 | 5,831.70 | 7.10% | 7,805.30 | 80.00% | 15 | 14 | Rolls-Royce | Warren East, CEO | UK | 5,433.70 | 6,123.60 | -11.30% | 24,035.30 | 22.60% | 16 | 15 | Honeywell | Tim Mahoney, President & CEO | US | 4,754.00 | 4,900.00 | -3.00% | 40,300.00 | 11.80% | 17 | 17 | Textron | Scott Donnelly, Chairman, President & CEO | US | 4,719.00 | 4,236.00 | 11.40% | 13,878.00 | 34.00% | 18 | – | AECOM4 | Michael Burke, Chairman & CEO | US | 4,433.00 | 1,712.60 | 158.80% | 19,641.20 | 22.60% | 19 | 18 | Booz Allen Hamilton | Horacio Rozanski, President & CEO | US | 4,100.00 | 4,300.00 | -4.70% | 5,479.00 | 74.80% | 20 | 23 | Safran | Phillippe Petitcolin, CEO | France | 4,081.30 | 4,027.00 | 1.30% | 20,406.50 | 20.00% | 21 | 16 | DCNS | Herve Guillou, CEO | France | 4,074.70 | 4,601.70 | -11.50% | 4,074.70 | 100.00% | 22 | 18 | GE | David Joyce, President & CEO | US | 4,000.00 | 4,000.00 | 0.00% | 24,000.00 | 16.70% | 23 | 25 | Russian Helicopters | Alexander Mikheev, CEO | Russia | 3,960.00 | 3,406.40 | 16.30% | 4,500.80 | 88.00% | 24 | 21 | Leidos5 | Roger Krone, Chairman & CEO | US | 3,627.00 | 4,080.00 | -11.10% | 5,063.00 | 71.60% | 25 | 24 | Babcock International3 | Peter Rogers, CEO | UK | 3,558.80 | 3,423.80 | 3.90% | 7,414.20 | 48.00% | 26 | 34 | United Engine-Building | Vladislav Masalov, General Director | Russia | 3,323.60 | 2,647.00 | 25.60% | 5,405.20 | 61.50% | 27 | 36 | Bechtel | Craig Albert, Chairman | US | 3,000.00 | 2,600.00 | 15.40% | 37,200.00 | 8.10% | 28 | 28 | Rheinmetall | Armin Papperger, CEO | Germany | 2,976.90 | 2,952.80 | 0.80% | 6,230.30 | 47.80% | 29 | 30 | Elbit Systems6 | Bezhalel Machlis, President & CEO | Israel | 2,958.20 | 2,925.20 | 1.10% | 2,958.20 | 100.00% | 30 | 29 | Saab | Håkan Bushke, President & CEO | Sweden | 2,829.30 | 2,948.30 | -4.00% | 3,438.50 | 82.30% | 31 | – | Tactical Missiles | Boris Obnosov, Director General | Russia | 2,812.60 | 1,892.70 | 48.60% | 2,960.60 | 95.00% | 32 | 35 | Israel Aerospace Industries6 | Joseph Weiss, President & CEO | Israel | 2,785.00 | 2,646.00 | 5.30% | 3,827.00 | 72.80% | 33 | – | Orbital ATK7 8 | David Thompson, President & CEO | US | 2,750.00 | 2,525.00 | 8.90% | 4,400.00 | 62.50% | 34 | 31 | SAIC5 | Tony Moraco, CEO | US | 2,735.00 | 2,887.00 | -5.30% | 3,835.00 | 71.30% | 35 | 20 | Exelis9 | David Melcher, President & CEO | US | 2,644.00 | 2,655.00 | -0.40% | 3,277.00 | 80.70% | 36 | 26 | Mitsubishi Heavy Industries7 | Shunichi Miyanaga, President & CEO | Japan | 2,626.70 | 3,354.90 | -21.70% | 46,897.00 | 5.60% | 37 | 32 | CACI International10 | Ken Asbury, President & CEO | US | 2,578.00 | 2,735.00 | -5.70% | 3,565.00 | 72.30% | 38 | 39 | Hindustan Aeronautics7 | T. Suvarna Raju, Chairman & Managing Director | India | 2,480.40 | 2,459.00 | 0.90% | 2,531.00 | 98.00% | 39 | 40 | Harris11 12 | William Brown, Chairman, President & CEO | US | 2,384.70 | 2,418.00 | -1.40% | 5,012.00 | 47.60% | 40 | 22 | Hewlett-Packard | Meg Whitman, Chariman, President & CEO | US | 2,240.80 | 4,070.40 | -44.90% | 111,500.00 | 2.00% | 41 | 42 | Rockwell Collins13 | Kelly Ortberg, President & CEO | US | 2,209.00 | 2,395.00 | -7.80% | 4,979.00 | 44.40% | 42 | 41 | CSC | Mike Lawrie, President & CEO | US | 2,177.00 | 2,401.00 | -9.30% | 12,200.00 | 17.80% | 43 | 47 | Serco | Rupert Soames, Group CEO | UK | 2,174.80 | 2,124.60 | 2.40% | 7,826.10 | 27.80% | 44 | 49 | ST Engineering | Tan Pheng Hock, President & CEO | Singapore | 2,012.80 | 1,988.20 | 1.20% | 5,161.00 | 39.00% | 45 | 48 | Rafael Advanced Defense Systems | Yedidia Yaari, President & CEO | Israel | 1,965.40 | 2,115.00 | -7.10% | 1,965.40 | 100.00% | 46 | 66 | Kawasaki Heavy Industries7 | Shigeru Murayama, President | Japan | 1,909.20 | 1,004.90 | 90.00% | 17,094.70 | 11.20% | 47 | 51 | Cobham | Bob Murphy, CEO | UK | 1,860.00 | 1,907.00 | -2.50% | 3,051.40 | 61.00% | 48 | 27 | Oshkosh13 | Charles Szews, CEO | US | 1,725.00 | 3,050.00 | -43.40% | 6,808.00 | 25.30% | 49 | 45 | General Atomics14 | Linden Blue, CEO | US | 1,655.00 | 2,149.60 | -23.00% | – | – | 50 | 54 | Aerojet Rocketdyne15 | Eileen Drake, President | US | 1,591.20 | 1,377.40 | 15.50% | 1,597.40 | 99.60% | 51 | 38 | DynCorp | James Geisler, CEO | US | 1,579.00 | 3,100.00 | -49.10% | 2,252.00 | 70.10% | 52 | – | Uralvagonzavod6 | Oleg Sienko, CEO | Russia | 1,545.00 | 1,529.00 | 1.00% | 2,992.00 | 51.60% | 53 | – | Hanwha16 | Lee Tae-jong, Executive Vice President | South Korea | 1,545.00 | 1,529.70 | 1.00% | 5,154.30 | 30.00% | 54 | – | Engility | Anthony Smeraglinolo, President & CEO | US | 1,530.00 | 846.00 | 80.90% | 2,500.00 | 61.20% | 55 | 60 | Embraer | Frederico Fleury Curado, President & CEO | Brazil | 1,459.50 | 1,101.80 | 32.50% | 6,357.60 | 23.00% | 56 | 53 | Fincantieri | Giuseppe Bono, CEO | Italy | 1,406.80 | 1,543.20 | -8.80% | 5,845.80 | 24.10% | 57 | 63 | Nexter | Philippe Burtin, CEO | France | 1,392.80 | 1,078.30 | 29.20% | 1,392.80 | 100.00% | 58 | 50 | Dassault Aviation | Eric Trappier, CEO | France | 1,332.30 | 1,923.80 | -30.70% | 4,890.60 | 27.20% | 59 | 62 | LIG Nex1 | Lee Hyo-koo, CEO | South Korea | 1,330.10 | 1,087.40 | 22.30% | 1,330.10 | 100.00% | 60 | 44 | Fluor | David Seaton, Chairman & CEO | US | 1,319.30 | 1,752.70 | -24.70% | 21,531.00 | 6.10% | 61 | 55 | Korea Aerospace Industries | Ha Sung-yong, President and CEO | South Korea | 1,160.00 | 1,364.20 | -15.00% | 2,199.10 | 52.70% | 62 | 67 | Aselsan | Faik Eken, CEO | Turkey | 1,109.00 | 1,001.40 | 10.70% | 1,142.50 | 97.10% | 63 | 72 | Accenture17 | Pierre Nanterme, CEO | US | 1,059.50 | 888.00 | 19.30% | 30,000.00 | 3.50% | 64 | 43 | ManTech | George Pedersen, Chairman & CEO | US | 1,046.70 | 2,208.00 | -52.60% | 1,774.00 | 59.00% | 65 | 58 | QinetiQ3 | Steve Wadey, CEO | UK | 1,017.90 | 1,286.00 | -20.80% | 1,288.40 | 79.00% | 66 | 75 | NEC7 | Nobuhiro Endo, President | Japan | 1,011.00 | 846.90 | 19.40% | 29,296.30 | 3.50% | 67 | 68 | GKN Aerospace | Kevin Cummings, CEO | UK | 990.20 | 993.40 | -0.30% | 3,667.60 | 27.00% | 68 | 86 | Ultra Electronics3 18 | Rakesh Sharma, CEO | UK | 951.50 | 932.30 | 2.10% | 1,174.70 | 81.00% | 69 | 78 | RTI | Sergey Boev, CEO | Russia | 947.20 | 819.00 | 15.70% | 1,877.30 | 50.50% | 70 | 61 | Krauss-Maffei Wegmann | Frank Haun, CEO | Germany | 934.60 | 1,096.20 | -14.70% | 934.60 | 100.00% | 71 | 57 | Kongsberg | Walter Qvam, President & CEO | Norway | 929.80 | 1,272.20 | -26.90% | 2,644.00 | 35.20% | 72 | – | Ana Holdings7 | Shinya Katanozaka, President & CEO | Japan | 926.10 | – | – | 17,100.30 | 5.40% | 73 | 70 | Samsung Techwin19 | Kim Cheol-kyo, CEO | South Korea | 904.80 | 945.00 | -4.30% | 2,484.80 | 36.40% | 74 | 85 | PAE | John Heller, CEO | US | 895.20 | 704.10 | 27.10% | 1,816.50 | 49.30% | 75 | 65 | Meggitt | Stephen Young, CEO | UK | 888.70 | 1,015.40 | -12.50% | 2,559.90 | 34.70% | 76 | 74 | Bharat Electronics7 | S.K. Sharma, Chairman & Managing Director | India | 875.70 | 853.40 | 2.60% | 1,094.60 | 80.00% | 77 | 59 | Mitsubishi Electric7 | Kenichiro Yamanishi, CEO | Japan | 860.30 | 1,102.40 | -22.00% | 43,143.50 | 2.00% | 78 | 80 | Turkish Aerospace Industries6 | Muharrem Dörtkasli, President & CEO | Turkey | 853.60 | 788.40 | 8.30% | 1,001.00 | 85.30% | 79 | 73 | Moog | John Scannell, CEO | US | 837.80 | 861.00 | -2.70% | 2,648.40 | 31.60% | 80 | 77 | AAR Corp20 | David Storch, Chairman & CEO | US | 827.40 | 839.20 | -1.40% | 2,035.00 | 40.70% | 81 | 76 | Cubic13 | Bradley Feldmann, President & CEO | US | 798.70 | 831.70 | -4.00% | 1,398.40 | 57.10% | 82 | 81 | CAE | Marc Parent, President & CEO | Canada | 755.60 | 772.40 | -2.20% | 1,979.30 | 38.20% | 83 | 79 | Alion Science and Technology | Bahman Atefi, Chairman & CEO | US | 753.70 | 790.90 | -4.70% | 804.80 | 93.70% | 84 | 82 | Curtiss-Wright | David Adams, Chairman & CEO | US | 749.60 | 730.10 | 2.70% | 2,243.10 | 33.40% | 85 | 69 | Chemring21 | Michael Flowers, Group Chief Executive | UK | 723.70 | 973.20 | -25.60% | 786.60 | 92.00% | 86 | 83 | Ruag | Urs Breitmeier, CEO | Switzerland | 718.40 | 750.80 | -4.30% | 1,670.80 | 43.00% | 87 | 88 | Ball Aerospace & Technologies | Robert Strain, President | US | 681.00 | 677.00 | 0.60% | 934.80 | 72.80% | 88 | 87 | Indra | Frenando Abril-Martorell, Chairman | Spain | 676.00 | 678.00 | -0.30% | 3,904.40 | 17.30% | 89 | 89 | Wyle | Roger Wiederkehr, President & CEO | US | 650.70 | 676.90 | -3.90% | 865.50 | 75.20% | 90 | 84 | Diehl Defence Holding | Claus Günther, CEO | Germany | 648.50 | 730.30 | -11.20% | 4,038.90 | 16.10% | 91 | 98 | IHI7 | Tamotsu Saito, CEO | Japan | 617.80 | 512.00 | 20.70% | 14,528.90 | 4.30% | 92 | – | Ukroboronprom | Roman Romanov, General Director | Ukraine | 575.90 | 681.10 | -15.40% | 575.90 | 100.00% | 93 | 91 | Battelle13 | Jeffrey Wadsworth, President & CEO | US | 569.20 | 613.90 | -7.30% | 5,600.00 | 10.20% | 94 | 64 | Patria22 | Heikki Allonen, President & CEO | Finland | 555.80 | 1,028.30 | -45.90% | 614.50 | 90.40% | 95 | 97 | Day & Zimmerman | Hal Yoh, Chairman & CEO | US | 555.00 | 518.80 | 7.00% | 2,500.00 | 22.20% | 96 | 93 | ViaSat | Mark Dankberg, Chairman & CEO | US | 535.50 | 565.20 | -5.30% | 1,382.50 | 38.70% | 97 | 96 | Nammo | Edgar Fossheim, President & CEO | Norway | 527.40 | 529.80 | -0.50% | 591.60 | 89.10% | 98 | – | Fujitsu7 | Tatsuya Tanaka, President | Japan | 525.90 | – | – | 47,436.90 | 1.10% | 99 | 94 | Israel Military Industries | Avi Felder, President & CEO | Israel | 475.80 | 560.00 | -15.00% | 475.80 | 100.00% | 100 | – | Denel | Zoli – Kunene, Chairman | South Africa | 454.60 | 388.20 | 17.10% | 454.60 | 100.00% |
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