5 Biggest European Defense Companies

3. BAE Systems plc (OTC:BAESY)

Market Cap as of November 18: $28.55 Billion

BAE Systems plc (OTC:BAESY) is a British multinational defense, security, and aerospace company. Its headquarters are in London, the United Kingdom and it has operations worldwide.  The company has an international customer base, including the United Kingdom, United States, Saudi Arabia, India, Australia, Sweden, and Oman. The company ranks among the largest defense contractors in Europe and the world, and as of November 18, is valued at $28.55 billion. BAE Systems plc (OTC:BAESY) has a headcount of over 90,000.

BAE Systems plc (OTC:BAESY) has a number of advantages in the European defense market. The company has a strong presence in Europe and a strong portfolio of products and services which helps it to address a wide range of customer needs. Moreover, the company has a strong financial position which allows it to invest in research and development and to make acquisitions. According to the company’s balance sheet, BAE Systems plc (OTC:BAESY) has free cash flows of GBP 1.83 billion.