Key Insights

Top 5 Largest Public A&D Companies by Revenue - Last Twelve Months

JCP Top 5 - (Largest A&D Companies by Revenue - Last Twelve Months)

 

Top 5
Largest Public A&D Companies by Revenue
Rank Company Financials ($B) Valuation ($B) Description
1 RTX (NYSE: RTX)
Arlington, VA
Revenue: $79.0
EBITDA: $13.0
Market Cap: $160.9
TEV: $199.7
TEV/Revenue: 2.5x
TEV/EBITDA: 15.3x

Provides advanced systems and services for commercial, military, and government customers worldwide. 185,000 EEs.

Reporting Segments:

  • Collins Aerospace (34%)
  • Pratt & Whitney (33%)
  • Raytheon (33%)
2 Boeing (NYSE: BA)
Arlington, VA
Revenue: $73.3
EBITDA: ($3.9)
Market Cap: $93.7
TEV: $40.9
TEV/Revenue: 1.9x
TEV/EBITDA: NM

Designs, develops, and manufactures commercial jetliners, military aircraft, satellites, missile defense, C4ISR, and space flight launch systems. 171,000 EEs.

Reporting Segments:

  • Commercial Airplanes (39%)
  • Defense, Space & Security (35%)
  • Global Services (26%)
3 Lockheeed Martin (NYSE: LMT)
Bethesda, MA
Revenue: $71.3
EBITDA: $10.5
Market Cap: $139.3
TEV: $155.5
TEV/Revenue: 2.2x
TEV/EBITDA: 14.7x

Designs, develops, manufactures, integrates and sustains advanced technology systems, products, platforms and services. 122,000 EEs.

Reporting Segments:

  • Aeronautics (39%)
  • Rotary and Mission Systems (26%)
  • Space (18%)
  • Missiles and Fire Control (17%)
4 Airbus (NYSE: AIR)
Toulouse, France
Revenue: $70.7
EBITDA: $7.0
Market Cap: $109.0
TEV: $109.4
TEV/Revenue: 1.5x
TEV/EBITDA: 15.5x

Designs, develops, manufactures, and supports commercial aircraft, military aircraft, satellites, and space systems. 157,000 EEs.

Reporting Segments:

  • Commercial (72%)
  • Defence and Space (17%)
  • Helicopters (11%)
5 General Dynamics (NYSE: GD)
Reston, VA
Revenue: $46.0
EBITDA: $5.8
Market Cap: $82.9
TEV: $92.0
TEV/Revenue: 2.0x
TEV/EBITDA: 15.8x

Offers a broad portfolio of products and services in business aviation; combat vehicles, weapons systems and munitions. 112,000 EEs.

Reporting Segments:

  • Marine Systems (30%)
  • Technologies (28%)
  • Aerospace (22%)
  • Combat Systems (20%)

Janes Capital Partners Team Contact Information

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Stephen Perry

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Ken Fukumoto

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Chris Reinecke

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Bruce Renner