5 Biggest Aerospace Companies in the World

1. Lockheed Martin Corporation (NYSE:LMT)

2021 Aerospace Revenue: $67.04 billion

Number of Hedge Fund Holders: 55

Lockheed Martin Corporation (NYSE:LMT) ranks #1 on our list of 15 Biggest Aerospace Companies in the World given its 2021 aerospace revenue of $67.04 billion. Although it makes a variety of products such as helicopters and drones, none are more famous than Lockheed Martin Corporation (NYSE:LMT)’s F22 and F35 which are the best 5th generation aircraft in the skies today. If military aerospace spending increases in the future, Lockheed Martin Corporation (NYSE:LMT) could benefit if it maintains its market share.

Lockheed Martin Corporation (NYSE:LMT) also has a space division that “build satellites and spacecraft that do amazing things in space for government and commercial customers. Lockheed Martin-built satellites give earlier warning of severe weather, connect troops on the battlefield, and deliver GPS directions to a billion people worldwide.”

You can also take a look at 20 Most Admired Companies in the World in 2022 and 15 Biggest Dow Companies By Market Cap.

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