Top 5 Aircraft Manufacturers in the World

3. Raytheon Technologies Corporation (NYSE: RTX)

Revenue: $58.6 billion (2020)

Raytheon Technologies Corp (NYSE: RTX) is an international defense and aerospace manufacturer. It’s headquarters are located in Waltham, Massachusetts. The corporation was formed after a merger between Raytheon Company and United Technologies Corporation. The company boasts 181,000 employees. Raytheon Technologies designs and produces components for the aerospace and defense industry. These include aircraft engines, avionics, and aerostructures as far as their aircraft manufacturing capabilities go.

The company, like Northrop Grumman and Lockheed Martin, is a major military contractor and most of its revenue comes from US Government contracts. It’s primary customer is the US Department of defense. Other customers from the US government include NASA, Department of State and Department of Energy.