The World's Largest Defense Industry Companies Announced

Considered as one of the most prestigious works of the defense industry sector, Defense News Top 100's 2020 results have been published. The list, created with data from Defense News and the International Institute for Strategic Studies, is prepared as a result of a report revealing the turnover of companies and the income they receive from national security contracts.

When we look at the top of the Defense News Top 100 list, we rank first and second, mostly known for their air defense technologies. LockheedMartin And BoeingWe see . Number one on the list is Lockheed Martin's turnover in the defense sector While it was 56.6 billion dollars; Its total turnover is at the level of 59.8 billion dollars. 

Defense News Top 100 2020 – the 10 largest defense industry companies

1. Lockheed Martin – $56.6 billion
2. Boeing – $34.3 billion
3. General Dynamics – $29.5 billion
4. Northrop Grumman – $28.6 billion
5. Raytheon Company – $27.4 billion
6. Aviation Industry Corporation of China – $25.0 billion
7. BAE Systems – $21.0 billion
8. China North Industries Group Corporation Limited – $14.7 billion
9. L3Harris Technologies – $13.9 billion
10. United Technologies Corp – $13.0 billion

When we look at the top 10 of the Defense News Top 100 list, we see that US companies are dominant. The largest defense industry by annual turnover 7 out of 10 defense industry companies While affiliated with the USA; 2 of them are connected to China and 1 is connected to the United Kingdom. Countries with strong armies, such as France and Russia, do not have any companies in the top 10.

One of Turkey's leading defense industry companies ASELSANBreaking new ground this year, it managed to rank in the top 50 of the Defense News Top 100. $2.1 billion ASELSAN, which ranks 48th on the list with its defense industry turnover, has thus jumped 4 places compared to last year. 

Additionally, this year the total number of Turkish companies in the Defense News Top 100 increased from five to seven. ASELSAN, TUSAŞ, BMC, ROKETSAN and STM were Turkish companies in the Defense News Top 100 last year; FNSS And HAVELSAN This year, it was included in the Defense News Top 100 for the first time.

Turkish companies in Defense News Top 100 2020

1. Aselsan A.S. – $2.1 billion
2. Turkish Aerospace Industries (TAI) – $1.8 billion
3. BMC Otomotiv Sanayi ve Ticaret A.S. – 533 million dollars
4. Roketsan A.S – 515 million dollars
5. STM Defense Technologies Muhendislik ve Ticaret A.S. – $485 million
6. FNSS Defense Systems A.S. – $374 million
7. Havelsan A.S. – 295 million dollars

In the defense industry sector the world's largest companies See the entire Defense News Top 100 2020 list where here You can access it by clicking .