Total 2015 defense revenues for the Top 100 companies came in at $356.7 billion, down more than 7 percent from the 2014 Top 100 total of $385.8 billion. The top 25 companies accounted for 73 percent of total defense revenues in the year, and the Top 10 firms accounted for 54 percent of total defense revenues in the year, an improvement from the last two cycles, which saw that percentage drop a point each in 2013 and 2014.
Geographically, 41 of the Top 100 firms are based in the US, which accounted for 60 percent of total defense revenue, up from 54 percent in 2014 – a sign that even as other nations expand their defense industries, American companies remain dominant on the global stage. Europe has 27 companies featured, which increases if Russia’s six major defense companies are included, while the Asia-Pacific region has 17 companies. In contrast, Africa and South America were represented by a single firm each. …
Three companies in the Top 10 showed increase in defense revenue over 2014 – Lockheed Martin (+1.17 percent), Boeing (+4.79 percent) and General Dynamics (+3.17 percent). That is an improvement from both 2013 and 2014, when only one company each year showed an increase in defense revenues, and could be a sign that the industry projection that the defense market has bottomed out is coming true.
As it has for every year of the past decade, Lockheed Martin came in as the top defense contractor, with $40.5 billion in defense revenue – or 88 percent of its $46.1 billion total revenue for the year.
Top 100 for 2016
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