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Aerospace & Defense Industry Financials
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Aerospace & Defense 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 industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 332993 | Ammunition (except small arms) mfg | 54 | $1,190,077 | $299,663 | 6,925 |
| 332995 | Other ordnance & accessories mfg | 63 | $1,215,210 | $287,922 | 5,116 |
| 334511 | Search, detection, navigation, & guidance instrument mfg | 652 | $32,304,642 | $9,185,483 | 143,550 |
| 336411 | Aircraft mfg | 217 | $64,000,406 | $9,989,738 | 164,875 |
| 336412 | Aircraft engine & engine parts mfg | 412 | $23,539,354 | $4,120,014 | 71,926 |
| 336413 | Other aircraft part & auxiliary equipment mfg | 855 | $20,778,599 | $5,333,019 | 98,352 |
| 336414 | Guided missile & space vehicle mfg | 20 | $12,518,301 | $2,935,471 | 38,661 |
| 336415 | Guided missile & space vehicle propulsion unit & parts mfg | 26 | $2,601,373 | $983,405 | 14,512 |
| 336419 | Other guided missile & space vehicle parts & auxiliary equip mfg | 53 | $963,998 | $320,991 | 6,227 |
| 336611 | Ship building & repairing | 642 | $12,823,423 | $3,623,976 | 87,355 |
| 336612 | Boat building | 1,126 | $8,471,633 | $1,473,755 | 49,927 |
| 336992 | Military armored vehicle, tank, & tank component mfg | 42 | $1,506,656 | $289,100 | 5,295 |
| 532411 | Commercial air/rail/water transportation equip rental & leasing | 718 | $7,825,902 | $389,404 | 6,686 |
| 811219 | Other electronic & precision equipment repair & maintenance | 3,264 | $5,092,789 | $1,580,304 | 35,031 |
| 811310 | Com & industrial mach & equip (exc auto/elect) repair & maint | 24,519 | $19,485,118 | $5,890,838 | 173,436 |
| All NAICS Sectors | 32,663 | $214,317,481 | $46,703,083 | 907,874 |
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