Aerospace & Defense Parts Manufacturing Industry Financials

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Aerospace & Defense Parts Manufacturing Industry Financial Summary

The US aerospace industry includes about 1,500 companies with combined annual revenue of $125 billion. Large companies include Boeing, Northrop Grumman, Lockheed Martin, Raytheon, and General Dynamics. The industry is highly concentrated: the 20 largest companies account for more than 90 percent of industry revenue. Many companies work primarily as subcontractors to the five largest manufacturers.

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Aerospace & Defense Parts Manufacturing industry.

NAICSNAICS DescriptionEstablishmentsSales, Receipts, or Shipments ($1,000)Annual Payroll ($1,000)Paid Employees
336412Aircraft engine & engine parts mfg412$23,539,354$4,120,01471,926
336413Other aircraft part & auxiliary equipment mfg855$20,778,599$5,333,01998,352
336414Guided missile & space vehicle mfg20$12,518,301$2,935,47138,661
336415Guided missile & space vehicle propulsion unit & parts mfg26$2,601,373$983,40514,512
 All NAICS Sectors1,313$59,437,627$13,371,909223,451

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