15 Largest Defence Companies in the World

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7. BAE Systems (LSE:BA)

Total revenue in 2019 (in billions of dollars): 21,033

Total revenue in 2018 (in billions of dollars): 22,477

BAE Systems is a British multinational aerospace, security and defence company, which is considered to be by far the biggest defence contractor in Europe, even though revenues fell to $21 billion in 2019. Its operations aren’t limited to just the UK, it is also one of the biggest suppliers to the US Department of Defence, and is involved in several major projects such as the Lockheed Martin F-35 Lightning II, the Queen Elizabeth aircraft carriers, the Eurofighter Typhoon and the Astute Class submarine.

BAE Systems PLC (ADR) (OTCMKTS:BAESY)

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