Read this year's story on the Defense News Top 100.
This list, which reflects 2011 figures, was published June 18, 2012. Revenue figures are in millions of U.S. dollars. Currency conversions for non-U.S. firms calculated using average market conversion rates over each firm's fiscal year to mitigate the effects of currency fluctuations.
| Rank | Company | Leadership | Country | Last Year's Rank |
2011 Defense Revenue |
2010 Defense Revenue |
% defense revenue change |
% of Revenue from Defense |
|
| 1 | Lockheed Martin | Robert Stevens, Chairman and CEO | U.S. | 1 |
43,978.0 |
42,800.0 |
2.8% |
46,499.0 |
94.6% |
| 2 | Boeing | W. James McNerney, Chairman, President and CEO | U.S. | 4 |
30,700.0 |
30,858.0 |
-0.5% |
68,735.0 |
44.7% |
| 3 | BAE Systems | Ian King, CEO | U.K. | 2 |
29,130.2 |
33,109.5 |
-12% |
30,723.0 |
94.8% |
| 4 | General Dynamics | Jay Johnson, Chairman and CEO | U.S. | 5 |
25,506.0 |
26,622.0 |
-4.2% |
32,677.0 |
78.1% |
| 5 | Raytheon | William Swanson, Chairman and CEO | U.S. | 6 |
23,055.6 |
23,420.2 |
-1.6% |
24,791.0 |
93% |
| 6 | Northrop Grumman | Wes Bush, Chairman, President and CEO | U.S. | 3 |
21,400.0 |
31,181.0 |
-31.4% |
26,400.0 |
81.1% |
| 7 | EADS | Louis Gallois, CEO | Netherlands | 7 |
16,092.9 |
16,286.7 |
-1.2% |
68,386.2 |
23.5% |
| 8 | Finmeccanica | Giuseppe Orsi, CEO | Italy | 8 |
14,584.6 |
14,442.9 |
1% |
24,106.8 |
60.5% |
| 9 | L-3 Communications | Michael Strianese, Chairman, President and CEO | U.S. | 9 |
12,521.0 |
13,074.0 |
-4.2% |
15,169.0 |
82.5% |
| 10 | United Technologies | Louis Chênevert, President and CEO | U.S. | 10 |
11,000.0 |
11,600.0 |
-5.2% |
55,800.0 |
19.7% |
| 11 | Thales | Luc Vigneron, Chairman and CEO | France | 11 |
9,492.6 |
9,956.0 |
-4.7% |
18,135.0 |
52.3% |
| 12 | SAIC | John Jumper, President and CEO | U.S. | 12 |
8,577.0 |
8,677.0 |
-1.2% |
10,657.0 |
80.5% |
| 13 | Huntington Ingalls | Michael Petters, President and CEO | U.S. | NR |
6,575.0 |
NA |
NA |
6,575.0 |
100% |
| 14 | Honeywell | David Cote, Chairman and CEO | U.S. | 15 |
5,300.0 |
5,400.0 |
-1.9% |
36,500.0 |
14.5% |
| 15 | Booz Allen Hamilton | Ralph Shrader, Chairman, President and CEO | U.S. | 16 |
4,860.0 |
4,662.0 |
4.2% |
5,900.0 |
82.4% |
| 16 | Rolls-Royce | John Rishton, CEO | U.K. | 18 |
4,691.5 |
4,483.3 |
4.6% |
17,432.0 |
26.9% |
| 17 | CSC8 | Michael Laphen, Chairman, President and CEO | U.S. | 17 |
4,498.0 |
4,502.0 |
-0.1% |
16,042.0 |
28% |
| 18 | Oshkosh | Charles Szews, President and CEO | U.S. | 13 |
4,365.2 |
7,161.7 |
-39% |
7,584.7 |
57.6% |
| 19 | Textron | Scott Donnelly, Chairman and CEO | U.S. | 20 |
4,171.0 |
3,999.5 |
4.3% |
11,275.0 |
37% |
| 20 | GE | Jeffrey Immelt, Chairman and CEO | U.S. | 19 |
4,100.0 |
4,100.0 |
0% |
147,300.0 |
2.8% |
| 21 | ITT Exelis | David Melcher, President and CEO | U.S. | NR |
4,087.3 |
NA |
NA |
5,839.0 |
70% |
| 22 | DCNS | Patrick Boissier, Chairman and CEO | France | 24 |
3,647.0 |
3,318.7 |
9.9% |
3,647.0 |
100% |
| 23 | Mitsubishi Heavy Industries | Hideaki Omiya, President and CEO | Japan | 26 |
3,610.0 |
3,039.4 |
18.8% |
35,261.3 |
10.2% |
| 24 | URS | Martin Koffel, CEO | U.S. | 22 |
3,595.6 |
3,736.1 |
-3.8% |
9,545.0 |
37.7% |
| 25 | Almaz-Antei | Vladislav Menshikov, director | Russia | 21 |
3,552.0 |
3,940.5 |
-9.8% |
4,188.7 |
84.8% |
| 26 | Safran | Jean-Paul Herteman, Chairman and CEO | France | 25 |
3,267.3 |
3,142.4 |
4% |
16,336.5 |
20% |
| 27 | Saab | Håkan Buskhe, CEO | Sweden | 28 |
3,258.9 |
3,100.0 |
5.1% |
3,626.7 |
89.9% |
| 28 | ATK8 | Mark DeYoung, President and CEO | U.S. | 29 |
3,250.0 |
2,730.0 |
19% |
4,618.4 |
70.4% |
| 29 | Harris | William Brown, President and CEO | U.S. | 32 |
2,984.7 |
2,622.3 |
13.8% |
5,924.6 |
50.4% |
| 30 | Rheinmetall | Klaus Eberhardt, CEO | Germany | 30 |
2,980.3 |
2,664.2 |
11.9% |
6,200.0 |
48.1% |
| 31 | CACI International | Paul Cofoni, President and CEO | U.S. | 35 |
2,858.7 |
2,450.5 |
16.7% |
3,577.8 |
79.9% |
| 32 | Babcock International | Peter Rogers, CEO | U.K. | 41 |
2,856.1 |
2,087.1 |
36.8% |
4,924.3 |
58% |
| 33 | Rockwell Collins | Clay Jones, Chairman, President and CEO | U.S. | 27 |
2,813.0 |
2,900.0 |
-3% |
4,806.0 |
58.5% |
| 34 | DynCorp | Steven Gaffney, Chairman and CEO | U.S. | 31 |
2,776.1 |
2,623.8 |
5.8% |
3,721.5 |
74.6% |
| 35 | Mantech | George Pederson, Chairman and CEO | U.S. | 34 |
2,772.4 |
2,494.7 |
11.1% |
2,870.0 |
96.6% |
| 36 | Hindustan Aeronautics | Ravindra K. Tyagi, Chairman | India | 37 |
2,769.6 |
2,277.0 |
21.6% |
2,996.2 |
92.4% |
| 37 | Fluor | David Seaton, Chairman and CEO | U.S. | 45 |
2,735.5 |
1,884.2 |
45.2% |
23,381.4 |
11.7% |
| 38 | Elbit Systems | Joseph Ackerman, President and CEO | Israel | 33 |
2,676.6 |
2,536.6 |
5.5% |
2,817.5 |
95% |
| 39 | Russian Helicopters | Dmitry Petrov, Director | Russia | 44 |
2,644.3 |
1,905.4 |
38.8% |
3,416.4 |
77.4% |
| 40 | Kawasaki Heavy Industries | Satoshi Hasegawa, President | Japan | 60 |
2,623.8 |
1,042.7 |
151.6% |
16,297.2 |
16.1% |
| 41 | Israel Aerospace Industries | Itzhak Nissan, President and CEO | Israel | 36 |
2,508.0 |
2,380.0 |
5.4% |
3,436.0 |
73% |
| 42 | Aviation Holding Co. Sukhoi1 | Mikhail Pogosyan, Director | Russia | 52 |
2,479.5 |
1,404.2 |
76.6% |
2,610.0 |
95% |
| 43 | Goodrich | Marshall Larsen, Chairman, President and CEO | U.S. | 38 |
2,424.0 |
2,201.0 |
10.1% |
8,075.0 |
30% |
| 44 | Bechtel | David Walker, President | U.S. | 39 |
2,400.0 |
2,200.0 |
9.1% |
32,900.0 |
7.3% |
| 45 | Hewlett-Packard | Léo Apotheker, President and CEO | U.S. | 65 |
2,235.9 |
971.9 |
130.1% |
127,200.0 |
1.8% |
| 46 | General Atomics | J. Neal Blue, Chairman and CEO | U.S. | 47 |
2,034.7 |
1,819.6 |
11.8% |
NA |
NA |
| 47 | Navistar | Daniel Ustian, Chairman, Preisdent and CEO | U.S. | 40 |
2,000.0 |
2,151.0 |
-7% |
13,958.0 |
14.3% |
| 48 | Rafael Advanced Defense Systems | Yedidia Yaari, President and CEO | Israel | 46 |
1,979.0 |
1,844.8 |
7.3% |
1,979.0 |
100% |
| 49 | ST Engineering | Tan Pheng Hock, President and CEO | Singapore | 48 |
1,955.2 |
1,800.9 |
8.6% |
4,768.7 |
41% |
| 50 | Serco | Christopher Hyman, CEO | U.K. | 49 |
1,900.0 |
1,669.5 |
13.8% |
7,285.6 |
26.1% |
| 51 | Cobham | Andy Stevens, CEO | U.K. | 42 |
1,894.4 |
1,998.7 |
-5.2% |
2,974.5 |
63.7% |
| 52 | QinetiQ | Leo Quinn, CEO | U.K. | 43 |
1,579.3 |
1,921.3 |
-17.8% |
2,357.2 |
67% |
| 53 | Kongsberg | Walter Qvam, CEO | Norway | 50 |
1,444.3 |
1,499.8 |
-3.7% |
2,704.1 |
53.4% |
| 54 | Mitsubishi Electric | Kenichiro Yamanishi, President and CEO | Japan | 57 |
1,441.3 |
1,187.7 |
21.3% |
45,492.5 |
3.2% |
| 55 | NEC | Nobuhiro Endo, President (Representative Director) | Japan | 63 |
1,438.8 |
1,008.8 |
42.6% |
37,960.0 |
3.8% |
| 56 | GKN | Marcus Bryson, CEO | U.K. | 58 |
1,371.4 |
1,054.2 |
30.1% |
2,375.5 |
57.7% |
| 57 | Krauss-Maffei Wegmann | Frank Haun, President and CEO | Germany | 56 |
1,308.5 |
1,194.7 |
9.5% |
1,308.5 |
100% |
| 58 | Irkut | Alexei Fyodorov, President | Russia | 53 |
1,286.2 |
1,400.0 |
-8% |
1,626.0 |
79.1% |
| 59 | United Enginebuilding | Andrei Reus, Director | Russia | 55 |
1,245.9 |
1,243.7 |
0.2% |
3,116.7 |
40% |
| 60 | Dassault Aviation | Charles Edelstenne, CEO | France | 54 |
1,238.9 |
1,273.0 |
-2.7% |
4,600.6 |
26.9% |
| 61 | Nexter | Philippe Burtin, Chairman and CEO | France | 51 |
1,184.6 |
1,428.4 |
-17.1% |
1,184.6 |
100% |
| 62 | Chemring | David Price, CEO | U.K. | 69 |
1,156.0 |
901.1 |
24.4% |
1,191.8 |
97% |
| 63 | Samsung Techwin | Cheol Kyo Kim, CEO | South Korea | 61 |
1,092.0 |
1,032.0 |
5.8% |
2,684.5 |
40.7% |
| 64 | Fincantieri | Giuseppe Bono, CEO | Italy | 67 |
1,085.9 |
943.0 |
15.2% |
3,315.7 |
32.8% |
| 65 | Jacobs Engineering | Craig Martin, President and CEO | U.S. | 59 |
1,036.3 |
1,053.1 |
-1.6% |
10,381.7 |
10% |
| 66 | AAR | David Storch, Chairman and CEO | U.S. | 68 |
962.0 |
942.4 |
2.1% |
1,989.5 |
48.4% |
| 67 | Ultra Electronics | Rakesh Sharma, CEO | U.K. | 71 |
961.5 |
878.0 |
9.5% |
1,172.5 |
82% |
| 68 | Diehl Stiftung | Thomas Diehl, President and CEO | Germany | 66 |
946.6 |
963.7 |
-1.8% |
3,793.3 |
25% |
| 69 | Bharat Electronics | Anil Kumar, Chairman and Managing Director | India | 64 |
943.1 |
997.7 |
-5.5% |
1,220.4 |
77.3% |
| 70 | Meggitt | Terry Twigger, CEO | U.K. | 76 |
938.8 |
789.0 |
19% |
2,334.3 |
40.2% |
| 71 | CAE | Marc Parent, President and CEO | Canada | 72 |
904.5 |
850.9 |
6.3% |
1,842.9 |
49.1% |
| 72 | Korea Aerospace Industries | Kim Hong Kyung, President and CEO | South Korea | NR |
898.2 |
854.3 |
5.1% |
1,169.9 |
76.8% |
| 73 | Cubic | Walter Zable, Chairman, President and CEO | U.S. | 75 |
869.0 |
805.1 |
7.9% |
1,285.0 |
67.6% |
| 74 | Embraer | Frederico Fleury Curado, President and CEO | Brazil | 87 |
866.8 |
671.3 |
29.1% |
5,914.8 |
14.7% |
| 75 | Moog | John Scannell, CEO | U.S. | NR |
855.0 |
837.0 |
2.2% |
2,331.0 |
36.7% |
| 76 | Aselsan | Cengiz Ergeneman, General Manager | Turkey | 80 |
848.4 |
762.2 |
11.3% |
899.6 |
94.3% |
| 77 | Ruag | Konrad Peter, Executive Chairman | Switzerland | 74 |
844.7 |
810.2 |
4.3% |
2,012.0 |
42% |
| 78 | Wyle | George Melton, Chairman, CEO and President | U.S. | 96 |
829.0 |
563.5 |
47.1% |
1,148.5 |
72.2% |
| 79 | LIG Nex | Hyo Koo-Lee, CEO | South Korea | 73 |
823.5 |
811.0 |
1.5% |
823.5 |
100% |
| 80 | Curtiss-Wright | Martin Benante, Chairman and CEO | U.S. | 78 |
819.9 |
784.0 |
4.6% |
2,017.6 |
40.6% |
| 81 | Patria | Heikki Allonen, CEO | Finland | 89 |
779.5 |
658.4 |
18.4% |
861.6 |
90.5% |
| 82 | Accenture | Pierre Nanterme, CEO | Ireland | 83 |
758.0 |
725.0 |
4.6% |
25,500.0 |
3% |
| 83 | Turkish Aerospace Industries | Muharrem Dörtkasli, President | Turkey | NR |
737.8 |
445.0 |
65.8% |
848.7 |
86.9% |
| 84 | Alion Science and Technology | Bahman Atefi, Chairman and CEO | U.S. | 79 |
726.1 |
771.8 |
-5.9% |
787.3 |
92.2% |
| 85 | Battelle | Jeffrey Wadsworth, President and CEO | U.S. | 81 |
718.9 |
753.2 |
-4.6% |
6,300.0 |
11.4% |
| 86 | Mission Essential | Marc Peltier, President | U.S. | NR |
718.2 |
622.7 |
15.3% |
725.5 |
99% |
| 87 | RTI | Sergei Boev, Director | Russia | 100 |
718.1 |
449.0 |
59.9% |
2,093.0 |
34.3% |
| 88 | FLIR | Earl Lewis, Chairman and CEO | U.S. | 84 |
712.3 |
706.0 |
0.9% |
1,544.1 |
46.1% |
| 89 | Indra | Javier Monzón, Chairman | Spain | 77 |
709.7 |
788.4 |
-10% |
3,742.4 |
19% |
| 90 | RSK MiG | Sergei Korotkov, Director | Russia | NR |
700.0 |
300.0 |
133.3% |
700.0 |
100% |
| 91 | Teledyne Technologies | Robert Mehrabian, Chairman, President and CEO | U.S. | 82 |
694.4 |
727.4 |
-4.5% |
1,941.9 |
35.8% |
| 92 | Fujitsu | Masami Yamamoto, President | Japan | 99 |
661.3 |
503.8 |
31.3% |
55,843.8 |
1.2% |
| 93 | Toshiba | Norio Sasaki, Director, President and CEO | Japan | NR |
630.0 |
209.0 |
201.5% |
76,253.8 |
0.8% |
| 94 | SRA International | William Ballhaus, President and CEO | U.S. | 88 |
567.0 |
661.0 |
-14.2% |
1,705.0 |
33.3% |
| 95 | Nammo | Edgar Fossheim, CEO | Norway | 95 |
565.7 |
570.9 |
-0.9% |
565.7 |
100% |
| 96 | SRC | Paul Tremont, President | U.S. | 85 |
556.3 |
691.0 |
-19.5% |
572.1 |
97.2% |
| 97 | ARINC | John Belcher, Chairman and CEO | U.S. | 92 |
495.1 |
649.8 |
-23.8% |
931.4 |
53.2% |
| 98 | Ball Aerospace & Technologies | David Taylor, President and CEO | U.S. | NR |
491.2 |
416.6 |
17.9% |
784.0 |
62.7% |
| 99 | Day & Zimmermann | Harold Yoh, Chairman and CEO | U.S. | 93 |
489.6 |
647.7 |
-24.4% |
2,728.2 |
17.9% |
| 100 | Israel Military Industries | Avi Felder, President and CEO | Israel | 98 |
485.9 |
508.6 |
-4.5% |
485.9 |
100% |