5 Biggest Defense Equipment Companies in the World

In this article, we will discuss the 5 Biggest Defense Equipment Companies in the World. If you want to read our analysis of the defense equipment industry, you can head on to the 15 Biggest Defense Equipment Companies in the World.

5. Northrop Grumman Corporation (NYSE:NOC)

Market Cap: $81.46 billion

Hedge Fund Holders: 45

Based in Virginia, Northrop Grumman Corporation (NYSE:NOC) serves the aeronautics, defense, space, and cyberspace industry. Its service footprint extends beyond the U.S to 25 countries, including the U.K, Australia, South Korea, Japan, and the Middle East. The company holds a global employee base of 90,000 individuals and boasts more than 550 centers throughout the U.S.

Northrop Grumman Corporation (NYSE:NOC) has had an amazing 2022, and the company’s stock is up 37.05% YTD as of November 03, 2022. The war in Ukraine has presented itself as a tailwind for the demand for the company’s products and increased funding for defense equipment.