--- title: "Top 5: Largest Public A&D Companies by Revenue - Last Twelve Months" description: Discover the top 5 largest public Aerospace & Defense companies by revenue, highlighting their financials, market cap, and reporting segments. image: https://blog.janescapital.com/hubfs/Top%205%20AD%20Deals/JCP%20Top%205%20-%20(Largest%20A%26D%20Companies%20by%20Revenue%20-%20Last%20Twelve%20Months).png --- [![Janes Capital Partners](https://blog.janescapital.com/hs-fs/hubfs/JCP-Logo-Color.png?width=700&height=86&name=JCP-Logo-Color.png "Janes Capital Partners")](https://www.janescapital.com/) [![Janes Capital Partners](https://blog.janescapital.com/hs-fs/hubfs/JCP-Logo-Color.png?width=720&height=89&name=JCP-Logo-Color.png "Janes Capital Partners")](https://www.janescapital.com/) - [Who We Are](https://www.janescapital.com/who-we-are) - [Advisory Services](https://www.janescapital.com/aerospace-defense-advisory-services) - Transactions - [Our Transactions](https://www.janescapital.com/successful-aerospace-defense-ma-transactions) - [Case Studies](https://blog.janescapital.com/case-studies) - Industry Insights - [Key Aerospace & Defense Insights](https://blog.janescapital.com/key-insights) - [A&D Quarterly Reports](https://blog.janescapital.com/quarterly-reports) - [Segment Reports](https://www.janescapital.com/segment-reports) - [A&D Weekly Reports](https://blog.janescapital.com/weekly-ad-news-transactions) - News & Events - [News & Past Events](https://blog.janescapital.com/news-events) - [Upcoming Events](https://www.janescapital.com/aerospace-defense-conferences-networking-events) [Connect with a Banker](https://www.janescapital.com/schedule-a-meeting-1#connect) [Connect with a Banker](https://www.janescapital.com/schedule-a-meeting-1#connect) - [Who We Are](https://www.janescapital.com/who-we-are) - [Advisory Services](https://www.janescapital.com/aerospace-defense-advisory-services) - Transactions - [Our Transactions](https://www.janescapital.com/successful-aerospace-defense-ma-transactions) - [Case Studies](https://blog.janescapital.com/case-studies) - Industry Insights - [Key Aerospace & Defense Insights](https://blog.janescapital.com/key-insights) - [A&D Quarterly Reports](https://blog.janescapital.com/quarterly-reports) - [Segment Reports](https://www.janescapital.com/segment-reports) - [A&D Weekly Reports](https://blog.janescapital.com/weekly-ad-news-transactions) - News & Events - [News & Past Events](https://blog.janescapital.com/news-events) - [Upcoming Events](https://www.janescapital.com/aerospace-defense-conferences-networking-events) [Connect with a Banker](https://www.janescapital.com/schedule-a-meeting-1#connect) Key Aerospace & Defense Insights #### Share this [Share on X](https://x.com/intent/post?url=https://blog.janescapital.com/key-insights/top-5-largest-public-ad-companies-by-revenue-last-twelve-months&text=Top+5%3A+Largest+Public+A%26amp%3BD+Companies+by+Revenue+-+Last+Twelve+Months) [Share on Facebook](https://www.facebook.com/sharer/sharer.php?u=https://blog.janescapital.com/key-insights/top-5-largest-public-ad-companies-by-revenue-last-twelve-months&t=Top+5%3A+Largest+Public+A%26amp%3BD+Companies+by+Revenue+-+Last+Twelve+Months) [Share on LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https://blog.janescapital.com/key-insights/top-5-largest-public-ad-companies-by-revenue-last-twelve-months&t=Top+5%3A+Largest+Public+A%26amp%3BD+Companies+by+Revenue+-+Last+Twelve+Months) # Top 5: Largest Public A&D Companies by Revenue - Last Twelve Months by [**Stephen Perry**](https://blog.janescapital.com/key-insights/author/stephen-perry) on 12/11/2024 ![JCP Top 5 - (Largest A&D Companies by Revenue - Last Twelve Months)](https://blog.janescapital.com/hs-fs/hubfs/Top%205%20AD%20Deals/JCP%20Top%205%20-%20(Largest%20A%26D%20Companies%20by%20Revenue%20-%20Last%20Twelve%20Months).png?width=1050&height=542&name=JCP%20Top%205%20-%20(Largest%20A%26D%20Companies%20by%20Revenue%20-%20Last%20Twelve%20Months).png)   | **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 ![Picture2-1](https://blog.janescapital.com/hs-fs/hubfs/Website%20Imagery/Team%20Members/Picture2-1.jpeg?width=960&height=960&name=Picture2-1.jpeg) #### Stephen Perry *Managing Director* [Email Stephen](mailto:sperry@janescapital.com)[(949) 769-3323 x6901](tel:9497693323) ![Ken-white-1-1](https://blog.janescapital.com/hs-fs/hubfs/Website%20Imagery/Team%20Members/Ken-white-1-1.png?width=960&height=960&name=Ken-white-1-1.png) #### Ken Fukumoto *Director* [Email Ken](mailto:kfukumoto@janescapital.com) [(949) 769-3323 x6904](tel:9497693323) ![Chris-white-1-1](https://blog.janescapital.com/hs-fs/hubfs/Website%20Imagery/Team%20Members/Chris-white-1-1.png?width=1200&height=1200&name=Chris-white-1-1.png) #### Chris Reinecke *Vice President* [Email Chris](mailto:cwreinecke@janescapital.com) [(949) 769-3323 x6905](tel:9497693323) ![Bruce-white-1-1](https://blog.janescapital.com/hs-fs/hubfs/Website%20Imagery/Team%20Members/Bruce-white-1-1.png?width=1200&height=1200&name=Bruce-white-1-1.png) #### Bruce Renner *Analyst* [Email Bruce](mailto:brenner@janescapital.com) [(949) 769-3323 x6906](tel:9497693323) Topic: [Top 5](https://blog.janescapital.com/key-insights/tag/top-5) #### Share this [Share on X](https://x.com/intent/post?url=https://blog.janescapital.com/key-insights/top-5-largest-public-ad-companies-by-revenue-last-twelve-months&text=Top+5%3A+Largest+Public+A%26amp%3BD+Companies+by+Revenue+-+Last+Twelve+Months) [Share on Facebook](https://www.facebook.com/sharer/sharer.php?u=https://blog.janescapital.com/key-insights/top-5-largest-public-ad-companies-by-revenue-last-twelve-months&t=Top+5%3A+Largest+Public+A%26amp%3BD+Companies+by+Revenue+-+Last+Twelve+Months) [Share on LinkedIn](https://www.linkedin.com/shareArticle?mini=true&url=https://blog.janescapital.com/key-insights/top-5-largest-public-ad-companies-by-revenue-last-twelve-months&t=Top+5%3A+Largest+Public+A%26amp%3BD+Companies+by+Revenue+-+Last+Twelve+Months) - 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