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The year 2019, proven to be highly profitable for most of the aerospace companies.
Both Boeing and Airbus, continue to dominate the global aerospace industry in 2020.
However, Airbus has taken the first spot in the 2019-2020FY list, pushing its rival Boeing for the first time in decades.
Boeing’s annual sales went down to US$76bn while Airbus’s revenue went up to US$ 78.9bn.
Top 10 Aerospace Companies in the World based on 2019 revenue;
1. Boeing Company – Revenue US$ 76.6bn
2. Airbus – US$ 70.5bn
3. United Technology – US$ 66.5bn
4. Lockheed Martin – US$ 59.8bn
5. Northrop Grumman – US$ 33.8bn
6. GE Aviation – US$ 31bn
7. Raytheon – US$ 29.2bn
8. Rolls-Royce – US$ 21bn
9. Leonardo – US$ 15.6bn
10. Safran – US$ 13.6bn