5 Biggest Defense Companies in Asia

3. Hindustan Aeronautics Limited (NSE:HAL)

Market Cap: $28.57 billion

Hindustan Aeronautics Limited (NSE:HAL) is the biggest and oldest defense company in Asia. Hindustan Aeronautics Limited (NSE:HAL) specializes in the manufacturing and maintenance of aircraft, helicopters, engines, avionics, and defense systems. Hindustan Aeronautics Limited (NSE:HAL) has a market capitalization of $28.57 billion, as of April 2.