Top 5 Defense Contractors in 2024

2. RTX Corporation (NYSE:RTX)

Country: United States

Total Revenue in 2022: $67.1 billion

Defense Revenue in 2022: $39.6 billion

Percentage Revenue from Defense: 59%

RTX Corporation (NYSE:RTX) received over $25 billion in contracts from the US Department of Defense in 2022. It is the second largest company in the world in terms of defense revenue, despite the fact the revenue from defense only accounts for 59% of its overall revenue. The company has played an instrumental role in enabling the United States to provide Ukraine with key weapons to turn the side against Russia in the ongoing conflict.