5 Largest Defense Contractors in the World in 2022

3. Lockheed Martin Corporation (NYSE:LMT)

Total revenue (in millions of dollars): 67,044

Total profits (in millions of dollars): 6,315

Total assets (in millions of dollars):  50,873

Total number of employees: 114,000

Lockheed Martin Corporation (NYSE:LMT) has long been among the biggest defense contractors and has continued to maintain its dominance in the field, recording the highest revenues of any defense company in the United States, and tops the list of US federal government defense contractors, in 2013, it received nearly 10% of all funds disbursed by the Pentagon. Lockheed Martin Corporation (NYSE:LMT) has received the prestigious Collier trophy 6 times. Currently responsible for the development of the F-35 Lightning II, which is considered to be the cornerstone of NATO and the United States military for the next several decades over the course of the 21st century.