Largest defense contractors by market cap

Rank	Name	Market Cap	Price	Today	Country
1	RTX RTX	£222.78 B	£165.30	0.10%	🇺🇸 USA
2	Safran SAF.PA	£126.92 B	£306.27	0.62%	🇫🇷 France
3	Lockheed Martin LMT	£100.57 B	£435.77	0.88%	🇺🇸 USA
4	General Dynamics GD	£78.61 B	£290.57	1.33%	🇺🇸 USA
5	BAE Systems BA.L	£65.05 B	£22.20	0.91%	🇬🇧 UK
6	Northrop Grumman NOC	£60.18 B	£423.63	0.68%	🇺🇸 USA
7	Honeywell HON	£57.83 B	£182.48	2.27%	🇺🇸 USA
8	Thales HO.PA	£46.62 B	£226.92	0.08%	🇫🇷 France
9	Rheinmetall RHM.F	£45.86 B	£983.07	0.57%	🇩🇪 Germany
10	Honeywell Aerospace HONA	£39.58 B	£124.89	7.69%	🇺🇸 USA
11	L3Harris Technologies LHX	£39.56 B	£212.47	0.99%	🇺🇸 USA
12	Elbit Systems ESLT	£29.83 B	£636.76	0.25%	🇮🇱 Israel
13	China State Shipbuilding Corporation (CSSC) 600150.SS	£28.86 B	£3.84	0.14%	🇨🇳 China
14	Leonardo LDO.MI	£28.69 B	£49.74	0.87%	🇮🇹 Italy
15	SAAB AB SAAB-B.ST	£26.68 B	£49.55	0.70%	🇸🇪 Sweden
16	Hindustan Aeronautics HAL.NS	£25.56 B	£38.23	0.20%	🇮🇳 India
17	Aselsan ASELS.IS	£25.06 B	£5.50	2.55%	🇹🇷 Turkey

18	Bharat Electronics BEL.NS	£22.82 B	£3.12	0.45%	🇮🇳 India
19	Kongsberg Gruppen KOG.OL	£21.31 B	£24.23	0.94%	🇳🇴 Norway
20	Dassault Aviation AM.PA	£20.87 B	£270.96	0.83%	🇫🇷 France
21	China National Nuclear Power 601985.SS	£19.92 B	£0.97	0.34%	🇨🇳 China
22	CSG N.V. (The Czechoslovak Group) CSG.AS	£15.17 B	£15.18	8.02%	🇨🇿 Czech Republic
23	AVIC Shenyang Aircraft Company Limited 600760.SS	£13.27 B	£4.68	0.21%	🇨🇳 China
24	Indra Sistemas IDR.MC	£9.47 B	£54.12	2.93%	🇪🇸 Spain
25	Huntington Ingalls Industries HII	£9.47 B	£240.49	0.85%	🇺🇸 USA
26	Hensoldt HAG.F	£8.97 B	£77.72	1.00%	🇩🇪 Germany
27	Leonardo DRS DRS	£8.86 B	£33.20	1.10%	🇺🇸 USA
28	LIG Defense & Aerospace 079550.KS	£8.51 B	£389.69	5.56%	🇰🇷 S. Korea
29	Kratos Defense & Security Solutions KTOS	£8.44 B	£45.04	5.85%	🇺🇸 USA
30	AeroVironment AVAV	£7.00 B	£138.40	9.12%	🇺🇸 USA
31	Hanwha Systems 272210.KS	£6.95 B	£37.18	0.86%	🇰🇷 S. Korea
32	NextVision Stabilized Systems NXSN.TA	£5.27 B	£56.98	2.63%	🇮🇱 Israel
33	Mercury Systems MRCY	£4.83 B	£80.52	0.17%	🇺🇸 USA
34	TKMS TKMS.DE	£4.80 B	£75.58	2.86%	🇩🇪 Germany
35	VSE Corporation VSEC	£4.53 B	£161.71	3.22%	🇺🇸 USA
36	Bharat Dynamics BDL.NS	£3.69 B	£10.07	0.38%	🇮🇳 India
37	QinetiQ QQ.L	£2.85 B	£5.54	1.19%	🇬🇧 UK
38	V2X VVX	£1.96 B	£62.56	0.19%	🇺🇸 USA
39	Voyager Technologies VOYG	£1.83 B	£31.02	9.24%	🇺🇸 USA
40	DroneShield DRO.AX	£1.05 B	£1.14	4.39%	🇦🇺 Australia
41	Red Cat Holdings RCAT	£1.03 B	£6.83	6.23%	🇺🇸 USA
42	H&K AG (Heckler & Koch) MLHK.PA	£1.03 B	£29.22	2.57%	🇩🇪 Germany
43	AEVEX Corp. AVEX	£0.92 B	£16.43	3.16%	🇺🇸 USA
44	MilDef Group MILDEF.ST	£0.83 B	£17.74	0.13%	🇸🇪 Sweden
45	Avon Protection AVON.L	£0.55 B	£18.96	1.04%	🇬🇧 UK
46	Sturm, Ruger & Co RGR	£0.43 B	£27.50	1.85%	🇺🇸 USA
47	TAT Technologies TATT	£0.38 B	£29.38	0.63%	🇮🇱 Israel
48	The Elmet Group ELMT	£0.37 B	£12.50	3.37%	🇺🇸 USA
49	Lubawa LBW.WA	£0.35 B	£2.34	1.38%	🇵🇱 Poland
50	Merlin, Inc. MRLN	£0.31 B	£3.29	4.47%	🇺🇸 USA
51	Swarmer SWMR	£0.29 B	£27.13	5.78%	🇺🇸 USA
52	Gabler Group AG XK4.F	£0.20 B	£34.62	1.00%	🇩🇪 Germany
53	Outdoor Holding Company POWW	£0.18 B	£1.58	1.39%	🇺🇸 USA
54	NSE SA ALNSE.PA	£0.14 B	£43.02	0.80%	🇫🇷 France
55	W5 Solutions AB W5.ST	£52.88 M	£3.01	2.26%	🇸🇪 Sweden
56	VEEM Ltd VEE.AX	£39.59 M	£0.27	0.00%	🇦🇺 Australia
57	Applied Aerospace & Defense AADX	N/A	N/A	0.00%	🇺🇸 USA
58	Vincorion SE V1NC.DE	N/A	N/A	0.00%	🇩🇪 Germany

Largest defense contractors by market cap

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