5 Most Valuable Publicly Traded Defense Companies In The World

3. Raytheon Technologies Corp. (NYSE:RTX)

Total value of the company: $126.13 billion

Raytheon Technologies (NYSE:RTX) came into existence just one year ago after the merger of Raytheon with United Technologies, two of the biggest companies in the defense sector. However, the pandemic has definitely affected the operations of Raytheon (NYSE:RTX), which made a loss of around $3.5 billion in 2020, despite an improvement in revenues. Among the multiple subsidiaries of Raytheon (NYSE:RTX) are Raytheon Intelligence and Space and Raytheon Missiles & Defense.