Top 5 Most Valuable Defense Companies in the World

3. RTX Corporation (NYSE:RTX)

Market cap as at 11 November 2023 (in millions): $118,310

We’ve discussed RTX Corporation (NYSE:RTX) being one of the most most valuable defense companies in the world, with a major challenge the country’ facing currently being its presence in China. RTX Corporation’s (NYSE:RTX) head of aerospace and defense group recently said that while they could de-risk their presence and operations in China, it was going to be impossible for Western companies to completely cut ties.