5 Largest Defense Contractors in the World in 2022

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1. Raytheon Technologies Corporation (NYSE:RTX)

Total revenue (in millions of dollars): 64,388

Total profits (in millions of dollars): 3,864

Total assets (in millions of dollars):  161,404

Total number of employees: 174,000

While it didn’t top any individual metrics, overall, Raytheon Technologies Corporation (NYSE:RTX) tops the list of the 15 biggest defense contractors in the world. Raytheon Technologies Corporation (NYSE:RTX) is an American company which provides intelligence services in addition to various products, including air defense systems, missiles, satellites, drones, aerostructures and cybersecurity. Formed by the merger of United Technologies and Raytheon Company in 2020, Raytheon Technologies Corporation (NYSE:RTX) is a defense behemoth.

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