DEFENSE INDUSTRIAL BASE (MIB) VECTOR21C KILL-CHAIN
Defense Contractors & Military-Industrial Base (MIB) Leaderboard
Sovereign Defense Primes, Munitions Surge Capacity, R&D Tech Intensity & Backlog Health
Top 5 Defense Primes Capability Pentagon
Revenue Scale, Surge Capacity, Backlog Health, R&D Innovation & Supply SovereigntyMulti-year order book backlog ratio, sovereign component supply chain, and surge ammunition manufacturing on a 0-100 scale.
Top Defense Primes
Munitions Surge CapacitySovereign Supply Line Insulation
#1
๐บ๐ธRTX Corporation
Arlington, Virginia, USATraditional PrimeUnited Statesโข Founded: 1922 โข Defense Revenue Share: 59%
MIB Industrial Index100.0
Defense Revenue$40.5 Billion
Backlog-to-Revenue2.65x Book Ratio
R&D Intensity4.5% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
Air & Missile DefensePrecision MunitionsRadar & Electro-Optical SensorsCyber & Electronic WarfareAerospace Engines (Pratt & Whitney)
Revenue Scale87.4
Surge Capacity92.0
Backlog Health66.3
R&D Innovation37.5
Supply Sovereignty92.0
Defense Revenue$8.5 Billion
Backlog-to-Revenue4.10x Book Ratio
R&D Intensity5.8% of Revenue
Munitions Surge98 / 100 Surge
Flagship Platforms & Munitions
Large Caliber Weapons & AmmunitionArmored Fighting VehiclesAir Defense & Counter-UASDigital Soldier & Mission Systems
Revenue Scale52.8
Surge Capacity98.0
Backlog Health100.0
R&D Innovation48.3
Supply Sovereignty91.0
#3
๐บ๐ธLockheed Martin
Bethesda, Maryland, USATraditional PrimeUnited Statesโข Founded: 1995 โข Defense Revenue Share: 89%
MIB Industrial Index100.0
Defense Revenue$60.5 Billion
Backlog-to-Revenue2.38x Book Ratio
R&D Intensity3.4% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
AeronauticsMissiles and Fire ControlRotary and Mission SystemsSpace SystemsIntegrated Air & Missile Defense
Revenue Scale96.6
Surge Capacity88.0
Backlog Health59.5
R&D Innovation28.3
Supply Sovereignty94.0
#4
๐ฌ๐งBAE Systems
Farnborough, Hampshire, UKTraditional PrimeUnited Kingdomโข Founded: 1999 โข Defense Revenue Share: 95%
MIB Industrial Index100.0
Defense Revenue$28.2 Billion
Backlog-to-Revenue2.85x Book Ratio
R&D Intensity4.2% of Revenue
Munitions Surge94 / 100 Surge
Flagship Platforms & Munitions
Naval Ships & Nuclear SubmarinesCombat Air & Next-Gen Fighters (GCAP Tempest)Armored Tracked Combat VehiclesPrecision Artillery & MunitionsElectronic Warfare & Cyber
Revenue Scale79.2
Surge Capacity94.0
Backlog Health71.3
R&D Innovation35.0
Supply Sovereignty92.0
#5
๐ฐ๐ทHanwha Aerospace
Changwon, South KoreaTraditional PrimeSouth Koreaโข Founded: 1977 โข Defense Revenue Share: 85%
MIB Industrial Index100.0
Defense Revenue$7.2 Billion
Backlog-to-Revenue4.50x Book Ratio
R&D Intensity6.2% of Revenue
Munitions Surge97 / 100 Surge
Flagship Platforms & Munitions
Self-Propelled Artillery SystemsMultiple Launch Rocket Systems (MLRS)Submarines & Naval Vessels (Hanwha Ocean)Air Defense & Aerospace Engines
Revenue Scale49.4
Surge Capacity97.0
Backlog Health100.0
R&D Innovation51.7
Supply Sovereignty90.0
Defense Revenue$3.6 Billion
Backlog-to-Revenue3.90x Book Ratio
R&D Intensity8.8% of Revenue
Munitions Surge96 / 100 Surge
Flagship Platforms & Munitions
Air Defense & Counter-Rocket SystemsActive Protection Systems (Trophy)Precision Guided Missiles (Spike)High-Energy Laser Weapons (Iron Beam)
Revenue Scale35.8
Surge Capacity96.0
Backlog Health97.5
R&D Innovation73.3
Supply Sovereignty94.0
#7
๐บ๐ธGeneral Dynamics
Reston, Virginia, USATraditional PrimeUnited Statesโข Founded: 1899 โข Defense Revenue Share: 79%
MIB Industrial Index100.0
Defense Revenue$33.6 Billion
Backlog-to-Revenue2.72x Book Ratio
R&D Intensity2.6% of Revenue
Munitions Surge90 / 100 Surge
Flagship Platforms & Munitions
Nuclear Submarines (Electric Boat)Armored Combat Vehicles (GDLS)Naval Surface Combatants (Bath Iron Works)Munitions & Ordnance SystemsDefense IT & Mission Solutions
Revenue Scale83.1
Surge Capacity90.0
Backlog Health68.0
R&D Innovation21.7
Supply Sovereignty93.0
Defense Revenue$4.6 Billion
Backlog-to-Revenue3.90x Book Ratio
R&D Intensity8.0% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Nuclear Attack Submarines (SSN)Nuclear Ballistic Submarines (SSBN)Multi-Mission Frigates (FREMM, FDI)Aircraft Carrier Integration
Revenue Scale40.4
Surge Capacity88.0
Backlog Health97.5
R&D Innovation66.7
Supply Sovereignty95.0
#9
๐บ๐ธBAE Systems Electronic Systems
Nashua, New Hampshire, USAChoke Point MonopolyUnited Statesโข Founded: 1952 โข Defense Revenue Share: 92.3%
MIB Industrial Index100.0
Defense Revenue$4.8 Billion
Backlog-to-Revenue3.40x Book Ratio
R&D Intensity8.5% of Revenue
Munitions Surge91 / 100 Surge
Flagship Platforms & Munitions
Fighter Electronic Warfare SuitesLaser-Guided Rocket Systems (APKWS)Missile Warning Systems (AAR-57)Head-Up Displays & Night Targeting
Revenue Scale41.2
Surge Capacity91.0
Backlog Health85.0
R&D Innovation70.8
Supply Sovereignty96.0
Defense Revenue$5.5 Billion
Backlog-to-Revenue3.10x Book Ratio
R&D Intensity7.5% of Revenue
Munitions Surge95 / 100 Surge
Flagship Platforms & Munitions
Active Protection Systems (Iron Fist)Tactical UAS & Loitering MunitionsElectronic Warfare & Cyber IntelligencePrecision Artillery & Mortar Systems
Revenue Scale43.9
Surge Capacity95.0
Backlog Health77.5
R&D Innovation62.5
Supply Sovereignty93.0
#11
๐ฌ๐งBAE Systems Submarines (Barrow)
Barrow-in-Furness, United KingdomChoke Point MonopolyUnited Kingdomโข Founded: 1871 โข Defense Revenue Share: 100%
MIB Industrial Index100.0
Defense Revenue$3.8 Billion
Backlog-to-Revenue5.20x Book Ratio
R&D Intensity6.2% of Revenue
Munitions Surge90 / 100 Surge
Flagship Platforms & Munitions
Astute-Class Nuclear Attack SubmarinesDreadnought-Class Strategic Ballistic SubmarinesAUKUS-SSN Joint DesignComplex Naval Nuclear Engineering
Revenue Scale36.8
Surge Capacity90.0
Backlog Health100.0
R&D Innovation51.7
Supply Sovereignty96.0
#12
๐บ๐ธBAE Systems Land & Armaments
Sterling Heights, Michigan, USAChoke Point MonopolyUnited Statesโข Founded: 1994 โข Defense Revenue Share: 93.8%
MIB Industrial Index100.0
Defense Revenue$4.5 Billion
Backlog-to-Revenue3.60x Book Ratio
R&D Intensity5.4% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
155mm Tracked HowitzersInfantry Fighting Vehicles (Bradley)Naval Gun Systems (Mk 45, Bofors 57mm)Heavy Armored Recovery Vehicles
Revenue Scale40.0
Surge Capacity92.0
Backlog Health90.0
R&D Innovation45.0
Supply Sovereignty95.0
Defense Revenue$3.8 Billion
Backlog-to-Revenue3.90x Book Ratio
R&D Intensity5.5% of Revenue
Munitions Surge90 / 100 Surge
Flagship Platforms & Munitions
Main Battle Tanks (Leopard / Leclerc)Self-Propelled Wheeled Artillery (CAESAR)Armored Wheeled Vehicles (VBCI / Griffon)Tank Ammunition & Turrets
Revenue Scale36.8
Surge Capacity90.0
Backlog Health97.5
R&D Innovation45.8
Supply Sovereignty89.0
#14
๐บ๐ธBAE Systems FAST Labs Microelectronics
Manassas, Virginia, USAChoke Point MonopolySemiconductor FoundryUnited Statesโข Founded: 1978 โข Defense Revenue Share: 95.6%
MIB Industrial Index100.0
Defense Revenue$0.7 Billion
Backlog-to-Revenue3.40x Book Ratio
R&D Intensity14.5% of Revenue
Munitions Surge91 / 100 Surge
Flagship Platforms & Munitions
Radiation-Hardened Space Processors (RAD750, RAD5545)Strategic Nuclear-Hardened ASICsCategory 1A Accredited Trusted FoundryGallium Nitride (GaN) Monolithic Microwave ICs
Revenue Scale11.8
Surge Capacity91.0
Backlog Health85.0
R&D Innovation100.0
Supply Sovereignty98.0
Defense Revenue$2.2 Billion
Backlog-to-Revenue4.50x Book Ratio
R&D Intensity5.5% of Revenue
Munitions Surge84 / 100 Surge
Flagship Platforms & Munitions
Tracked & Wheeled Armored VehiclesSelf-Propelled Artillery IntegrationAir Defense SystemsMunitions Manufacturing
Revenue Scale27.3
Surge Capacity84.0
Backlog Health100.0
R&D Innovation45.8
Supply Sovereignty86.0
Defense Revenue$4.2 Billion
Backlog-to-Revenue2.90x Book Ratio
R&D Intensity4.5% of Revenue
Munitions Surge86 / 100 Surge
Flagship Platforms & Munitions
Naval Warships & Submarines (Mogami / Taigei)Surface-to-Ship & Standoff Guided MissilesMain Battle Tanks & Armored Vehicles (Type 10)Fighter Aircraft Manufacturing & GCAP
Revenue Scale38.7
Surge Capacity86.0
Backlog Health72.5
R&D Innovation37.5
Supply Sovereignty95.0
Defense Revenue$4.9 Billion
Backlog-to-Revenue4.10x Book Ratio
R&D Intensity7.2% of Revenue
Munitions Surge93 / 100 Surge
Flagship Platforms & Munitions
Air-to-Air Missiles (Meteor)Deep Standoff Cruise Missiles (Storm Shadow)Naval & Land Air Defense (Aster 15/30 / CAMM)Anti-Ship & Anti-Armor Missiles (Exocet / Akeron)
Revenue Scale41.6
Surge Capacity93.0
Backlog Health100.0
R&D Innovation60.0
Supply Sovereignty91.0
#18
๐บ๐ธGeneral Dynamics Electric Boat
Groton, Connecticut, USAChoke Point MonopolyUnited Statesโข Founded: 1899 โข Defense Revenue Share: 100%
MIB Industrial Index93.9
Defense Revenue$8.5 Billion
Backlog-to-Revenue4.80x Book Ratio
R&D Intensity5.8% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
Nuclear Ballistic Missile Submarines (SSBN)Nuclear Fast Attack Submarines (SSN)Submarine Stealth & HydrodynamicsNaval Nuclear Reactor Compartment Integration
Revenue Scale52.8
Surge Capacity92.0
Backlog Health100.0
R&D Innovation48.3
Supply Sovereignty98.0
Defense Revenue$12.0 Billion
Backlog-to-Revenue3.20x Book Ratio
R&D Intensity6.2% of Revenue
Munitions Surge79 / 100 Surge
Flagship Platforms & Munitions
Military Air MobilityCombat Aircraft ConsortiumStrategic TankersMilitary Satellites
Revenue Scale97.3
Surge Capacity79.0
Backlog Health80.0
R&D Innovation60.6
Supply Sovereignty89.0
#20
๐ฐ๐ทHD Hyundai Heavy Industries (Naval)
Ulsan, South KoreaChoke Point MonopolyTraditional PrimeDual-Use Tech LeaderSouth Koreaโข Founded: 1972 โข Defense Revenue Share: 24.3%
MIB Industrial Index93.1
Defense Revenue$2.8 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity5.9% of Revenue
Munitions Surge93 / 100 Surge
Flagship Platforms & Munitions
Aegis Heavy Destroyers (KDX-III)KSS-III Batch-II SubmarinesNaval Fast Attack Craft & CorvettesAmphibious Assault Helicopter Landing Ships
Revenue Scale63.0
Surge Capacity93.0
Backlog Health95.0
R&D Innovation70.3
Supply Sovereignty94.0
#21
๐บ๐ธAnduril Industries
Costa Mesa, California, USADefense Tech DisruptorUnited Statesโข Founded: 2017 โข Defense Revenue Share: 100%
MIB Industrial Index91.7
Defense Revenue$1.5 Billion
Backlog-to-Revenue3.20x Book Ratio
R&D Intensity22.0% of Revenue
Munitions Surge82 / 100 Surge
Flagship Platforms & Munitions
Autonomous SystemsCounter-UASCollaborative Combat Aircraft (CCA)C2 & Battle Management (Lattice)Underwater & Surface USVs
Revenue Scale24.8
Surge Capacity94.3
Backlog Health80.0
R&D Innovation100.0
Supply Sovereignty92.0
#22
๐บ๐ธBoeing Defense, Space & Security
Arlington, Virginia, USATraditional PrimeUnited Statesโข Founded: 1916 โข Defense Revenue Share: 32%
MIB Industrial Index91.2
Defense Revenue$25.0 Billion
Backlog-to-Revenue2.20x Book Ratio
R&D Intensity4.0% of Revenue
Munitions Surge75 / 100 Surge
Flagship Platforms & Munitions
Military Transport & TankersCombat Aircraft & Attack HelicoptersMaritime Patrol & SurveillanceAutonomous Systems & Space
Revenue Scale76.4
Surge Capacity75.0
Backlog Health55.0
R&D Innovation33.3
Supply Sovereignty88.0
#23
๐บ๐ธGE Aerospace
Evendale, Ohio, USAChoke Point MonopolyDual-Use Tech LeaderUnited Statesโข Founded: 1892 โข Defense Revenue Share: 24.2%
MIB Industrial Index90.2
Defense Revenue$9.2 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity7.5% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Fighter Afterburning TurbofansAdaptive Cycle Hypersonic EnginesHelicopter TurboshaftsMarine Gas Turbines
Revenue Scale96.3
Surge Capacity88.0
Backlog Health95.0
R&D Innovation80.3
Supply Sovereignty95.0
#24
๐บ๐ธSpaceX / Starshield
Hawthorne, California, USAChoke Point MonopolySpace & Orbital LaunchDual-Use Tech LeaderUnited Statesโข Founded: 2002 โข Defense Revenue Share: 26.9%
MIB Industrial Index89.9
Defense Revenue$3.5 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity18.0% of Revenue
Munitions Surge95 / 100 Surge
Flagship Platforms & Munitions
Sovereign Heavy-Lift Launch (Falcon 9/Heavy/Starship)Starshield Classified LEO ConstellationResponsive Space InsertionSatellite Direct-to-Cell Defense Telemetry
Revenue Scale69.6
Surge Capacity95.0
Backlog Health70.0
R&D Innovation100.0
Supply Sovereignty95.0
Defense Revenue$0.1 Billion
Backlog-to-Revenue3.40x Book Ratio
R&D Intensity32.0% of Revenue
Munitions Surge91 / 100 Surge
Flagship Platforms & Munitions
Real-Time Live Sensor Processing AIEurofighter Typhoon Electronic Warfare AIFCAS Cognitive Mission ManagementTactical Edge AI Nodes for Combat Drones
Revenue Scale3.5
Surge Capacity100.0
Backlog Health85.0
R&D Innovation100.0
Supply Sovereignty94.0
Defense Revenue$2.4 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity6.8% of Revenue
Munitions Surge91 / 100 Surge
Flagship Platforms & Munitions
Mogami-Class Multi-Role Stealth FrigatesTaigei-Class Advanced AIP SubmarinesMaya-Class Aegis BMD DestroyersUnmanned Underwater Vehicles (UUV) Minesweeping
Revenue Scale48.0
Surge Capacity91.0
Backlog Health95.0
R&D Innovation75.6
Supply Sovereignty95.0
#27
๐บ๐ธNVIDIA Corporation
Santa Clara, California, USAChoke Point MonopolyFrontier ComputeDual-Use Tech LeaderUnited Statesโข Founded: 1993 โข Defense Revenue Share: 3.2%
MIB Industrial Index88.2
Defense Revenue$3.8 Billion
Backlog-to-Revenue2.00x Book Ratio
R&D Intensity16.0% of Revenue
Munitions Surge90 / 100 Surge
Flagship Platforms & Munitions
DGX B200 / H100 Defense Supercomputing Clusters(Exascale AI Compute Infrastructure)Jetson Orin & Thor Tactical Edge Modules(Ruggedized Low-SWaP Edge AI Silicon)Quantum-2 InfiniBand & Spectrum-X Networking(Ultra-Low Latency Defense Fabric)Omniverse Defense Simulation & Digital Twins(Synthetic Data & War-Game Simulation)
Defense AI Supercomputing & DGX ClustersCUDA Simulation & Digital TwinsEdge Autonomous Robotics (Jetson/Thor)Tensor Core Accelerators
Revenue Scale92.5
Surge Capacity90.0
Backlog Health50.0
R&D Innovation100.0
Supply Sovereignty96.0
#28
๐บ๐ธPratt & Whitney Military Engines
East Hartford, Connecticut, USAChoke Point MonopolyDual-Use Tech LeaderUnited Statesโข Founded: 1925 โข Defense Revenue Share: 43.8%
MIB Industrial Index87.8
Defense Revenue$10.5 Billion
Backlog-to-Revenue3.40x Book Ratio
R&D Intensity6.8% of Revenue
Munitions Surge90 / 100 Surge
Flagship Platforms & Munitions
5th-Generation Stealth Fighter PropulsionStealth Afterburning TurbofansMilitary Transport TurbofansNext-Gen Adaptive Engines
Revenue Scale87.6
Surge Capacity90.0
Backlog Health85.0
R&D Innovation81.3
Supply Sovereignty96.0
#29
๐บ๐ธAeroVironment
Arlington, Virginia, USAChoke Point MonopolyDefense Tech DisruptorUnited Statesโข Founded: 1971 โข Defense Revenue Share: 96%
MIB Industrial Index87.7
Defense Revenue$0.7 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity14.5% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
Precision Loitering Munitions (Switchblade)Tactical Small Unmanned Aircraft (Puma, Raven)Autonomous Swarming Standoff DronesHigh-Altitude Pseudo-Satellites (HAPS)
Revenue Scale14.7
Surge Capacity100.0
Backlog Health70.0
R&D Innovation100.0
Supply Sovereignty93.0
Defense Revenue$1.4 Billion
Backlog-to-Revenue4.10x Book Ratio
R&D Intensity14.5% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
Micro Guided Munitions for Drones (MAM-L, MAM-C)Long-Range Precision Guided Artillery RocketsSubmarine & Ship Anti-Ship Missiles (Atmaca)Short/Medium Range Ballistic Missiles (Tayfun)
Revenue Scale20.5
Surge Capacity92.0
Backlog Health100.0
R&D Innovation100.0
Supply Sovereignty91.0
Defense Revenue$2.2 Billion
Backlog-to-Revenue4.50x Book Ratio
R&D Intensity7.5% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Fuel Cell AIP Non-Nuclear SubmarinesMEKO-Class Modular FrigatesNon-Magnetic Submarine Steel HullsSubmarine Torpedo Tube Integration
Revenue Scale27.3
Surge Capacity88.0
Backlog Health100.0
R&D Innovation62.5
Supply Sovereignty94.0
#32
๐ฐ๐ทLIG Nex1
Yongin, South KoreaChoke Point MonopolySouth Koreaโข Founded: 1976 โข Defense Revenue Share: 94.4%
MIB Industrial Index87.0
Defense Revenue$1.7 Billion
Backlog-to-Revenue4.90x Book Ratio
R&D Intensity10.4% of Revenue
Munitions Surge90 / 100 Surge
Flagship Platforms & Munitions
Surface-to-Air Missile SeekersAnti-Ship & Anti-Submarine TorpedoesAirborne Electronic Attack PodsCounter-Artillery Radars
Revenue Scale23.3
Surge Capacity90.0
Backlog Health100.0
R&D Innovation86.7
Supply Sovereignty91.0
#33
๐บ๐ธNorthrop Grumman Space Systems
Dulles, Virginia, USAChoke Point MonopolyUnited Statesโข Founded: 1982 โข Defense Revenue Share: 90.3%
MIB Industrial Index86.9
Defense Revenue$6.5 Billion
Backlog-to-Revenue3.70x Book Ratio
R&D Intensity7.4% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
Proliferated Missile Tracking Constellations (SDA)Modular Military Satellite Buses (ESPAStar)Space Domain Awareness SatellitesMission Robotic On-Orbit Servicing
Revenue Scale47.3
Surge Capacity92.0
Backlog Health92.5
R&D Innovation61.7
Supply Sovereignty97.0
#34
๐บ๐ธIntel Federal & Foundry
Chandler, Arizona, USAChoke Point MonopolySemiconductor FoundryDual-Use Tech LeaderUnited Statesโข Founded: 1968 โข Defense Revenue Share: 3.3%
MIB Industrial Index86.7
Defense Revenue$1.8 Billion
Backlog-to-Revenue2.20x Book Ratio
R&D Intensity28.5% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
DoD RAMP-C Leading-Edge Defense SiliconIntel 18A Sovereign EUV FabricationEMIB Advanced Multi-Die PackagingDefense High-Performance Compute ASICs
Revenue Scale83.1
Surge Capacity88.0
Backlog Health55.0
R&D Innovation100.0
Supply Sovereignty96.0
Defense Revenue$0.4 Billion
Backlog-to-Revenue3.40x Book Ratio
R&D Intensity13.8% of Revenue
Munitions Surge91 / 100 Surge
Flagship Platforms & Munitions
Combat Loitering Munitions (Warmate)Mini Reconnaissance Drones (FlyEye)Automated Artillery Fire Control (TOPAZ)Software Defined Tactical Communications
Revenue Scale8.7
Surge Capacity100.0
Backlog Health85.0
R&D Innovation100.0
Supply Sovereignty92.0
Defense Revenue$4.8 Billion
Backlog-to-Revenue3.20x Book Ratio
R&D Intensity7.8% of Revenue
Munitions Surge89 / 100 Surge
Flagship Platforms & Munitions
Combat Aircraft (Gripen E/F)Shoulder-Fired Weapons (Carl-Gustaf / NLAW)Early Warning Radar (GlobalEye)Submarines & Naval Combat (Kockums)
Revenue Scale41.2
Surge Capacity89.0
Backlog Health80.0
R&D Innovation65.0
Supply Sovereignty94.0
#37
๐ณ๐ฑASML Holding
Veldhoven, NetherlandsChoke Point MonopolySemiconductor FoundryDual-Use Tech LeaderNetherlandsโข Founded: 1984 โข Defense Revenue Share: 3.7%
MIB Industrial Index85.6
Defense Revenue$1.1 Billion
Backlog-to-Revenue2.50x Book Ratio
R&D Intensity14.5% of Revenue
Munitions Surge85 / 100 Surge
Flagship Platforms & Munitions
Extreme Ultraviolet (EUV) PhotolithographyHigh-NA EUV SystemsSub-7nm Microelectronics Monopoly
Revenue Scale74.2
Surge Capacity85.0
Backlog Health62.5
R&D Innovation100.0
Supply Sovereignty96.8
Defense Revenue$1.5 Billion
Backlog-to-Revenue4.20x Book Ratio
R&D Intensity9.4% of Revenue
Munitions Surge91 / 100 Surge
Flagship Platforms & Munitions
Air-to-Air & Ground-Based Air Defense MissilesGuided Artillery Munitions (SMArt 155)Infrared Imaging Missile SeekersRocket Artillery Warheads
Revenue Scale21.5
Surge Capacity91.0
Backlog Health100.0
R&D Innovation78.3
Supply Sovereignty94.0
#39
๐บ๐ธGeneral Dynamics Ordnance and Tactical Systems
St. Petersburg, Florida, USAChoke Point MonopolyUnited Statesโข Founded: 1952 โข Defense Revenue Share: 94.7%
MIB Industrial Index85.5
Defense Revenue$3.6 Billion
Backlog-to-Revenue3.50x Book Ratio
R&D Intensity6.1% of Revenue
Munitions Surge94 / 100 Surge
Flagship Platforms & Munitions
155mm Artillery Projectiles (M795 / M1128)Mk 80-Series General Purpose BombsMedium Caliber Cannon Ammunition (20mm, 25mm, 30mm)Missile Warheads & Rocket Enclosures
Revenue Scale35.8
Surge Capacity94.0
Backlog Health87.5
R&D Innovation50.8
Supply Sovereignty96.0
#40
๐บ๐ธHuntington Ingalls Industries (HII)
Newport News, Virginia, USATraditional PrimeUnited Statesโข Founded: 2011 โข Defense Revenue Share: 100%
MIB Industrial Index85.4
Defense Revenue$11.5 Billion
Backlog-to-Revenue3.10x Book Ratio
R&D Intensity2.2% of Revenue
Munitions Surge80 / 100 Surge
Flagship Platforms & Munitions
Nuclear Aircraft Carriers (Newport News)Nuclear Attack & Ballistic SubmarinesAegis Guided Missile Destroyers (Ingalls)Large Unmanned Undersea Vehicles (REMUS)
Revenue Scale59.3
Surge Capacity80.0
Backlog Health77.5
R&D Innovation18.3
Supply Sovereignty96.0
Defense Revenue$2.2 Billion
Backlog-to-Revenue2.20x Book Ratio
R&D Intensity8.5% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Advanced 3nm/5nm Defense Semiconductor FabricationF-35 Radar & Mission Computer ASICsPrecision Guidance SiliconCoWoS Advanced Packaging
Revenue Scale86.4
Surge Capacity88.0
Backlog Health55.0
R&D Innovation90.9
Supply Sovereignty97.8
Defense Revenue$4.8 Billion
Backlog-to-Revenue4.00x Book Ratio
R&D Intensity7.8% of Revenue
Munitions Surge85 / 100 Surge
Flagship Platforms & Munitions
Combat Aircraft TurbofansMilitary TurbopropsNext-Gen Fighter Engines (FCAS)High-Pressure Compressors
Revenue Scale83.1
Surge Capacity85.0
Backlog Health100.0
R&D Innovation72.7
Supply Sovereignty93.0
Defense Revenue$5.6 Billion
Backlog-to-Revenue4.80x Book Ratio
R&D Intensity8.5% of Revenue
Munitions Surge82 / 100 Surge
Flagship Platforms & Munitions
Omnirole Combat AircraftStealth UCAV DemonstratorsExecutive Business Jets (Falcon)Naval Carrier Aviation
Revenue Scale50.2
Surge Capacity82.0
Backlog Health100.0
R&D Innovation70.8
Supply Sovereignty92.0
#44
๐ฌ๐งRolls-Royce Defence
London, United KingdomChoke Point MonopolyDual-Use Tech LeaderUnited Kingdomโข Founded: 1906 โข Defense Revenue Share: 25.4%
MIB Industrial Index84.9
Defense Revenue$5.2 Billion
Backlog-to-Revenue3.60x Book Ratio
R&D Intensity8.1% of Revenue
Munitions Surge86 / 100 Surge
Flagship Platforms & Munitions
Nuclear Submarine PropulsionCombat Aircraft TurbofansSTOVL LiftFan TechnologyHeavy Bomber Re-Engining
Revenue Scale81.3
Surge Capacity86.0
Backlog Health90.0
R&D Innovation76.5
Supply Sovereignty94.0
#45
๐ฐ๐ทHanwha Ocean
Geoje, South KoreaChoke Point MonopolyTraditional PrimeDual-Use Tech LeaderSouth Koreaโข Founded: 1973 โข Defense Revenue Share: 34.7%
MIB Industrial Index84.6
Defense Revenue$2.5 Billion
Backlog-to-Revenue3.60x Book Ratio
R&D Intensity6.2% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
KSS-III Attack Submarines with SLBM VLSAegis Guided Missile DestroyersLithium-Ion Submarine Battery SystemsNaval Fleet Auxiliary Support Ships
Revenue Scale52.5
Surge Capacity92.0
Backlog Health90.0
R&D Innovation68.0
Supply Sovereignty93.0
#46
๐บ๐ธCollins Aerospace
Charlotte, North Carolina, USAChoke Point MonopolyDual-Use Tech LeaderUnited Statesโข Founded: 1933 โข Defense Revenue Share: 36.5%
MIB Industrial Index84.0
Defense Revenue$9.5 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity5.8% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Airborne Tactical RadiosGPS Anti-Jam Systems (DIGAR)Military Glass Cockpits & AvionicsFlight Control Actuation
Revenue Scale88.6
Surge Capacity88.0
Backlog Health70.0
R&D Innovation76.1
Supply Sovereignty96.0
#47
๐บ๐ธPalantir Technologies
Denver, Colorado, USADefense Tech DisruptorUnited Statesโข Founded: 2003 โข Defense Revenue Share: 46.4%
MIB Industrial Index83.9
Defense Revenue$1.3 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity18.0% of Revenue
Munitions Surge85 / 100 Surge
Flagship Platforms & Munitions
Defense AI & Machine LearningProject Maven Smart SystemTactical Intelligence (TITAN)All-Domain Command and Control (JADC2)
Revenue Scale22.5
Surge Capacity97.8
Backlog Health70.0
R&D Innovation100.0
Supply Sovereignty95.0
#48
๐บ๐ธNorthrop Grumman
Falls Church, Virginia, USATraditional PrimeUnited Statesโข Founded: 1939 โข Defense Revenue Share: 89%
MIB Industrial Index83.5
Defense Revenue$35.2 Billion
Backlog-to-Revenue2.15x Book Ratio
R&D Intensity3.8% of Revenue
Munitions Surge84 / 100 Surge
Flagship Platforms & Munitions
Strategic Bombers & AeronauticsSolid Rocket Motors & PropulsionSpace Systems & SatellitesAirborne AESA Radars & SensorsAdvanced Battle Management (ABMS)
Revenue Scale84.2
Surge Capacity84.0
Backlog Health53.8
R&D Innovation31.7
Supply Sovereignty95.0
#49
๐บ๐ธAnalog Devices Aerospace & Defense
Wilmington, Massachusetts, USAChoke Point MonopolyDual-Use Tech LeaderUnited Statesโข Founded: 1965 โข Defense Revenue Share: 12.2%
MIB Industrial Index83.0
Defense Revenue$1.5 Billion
Backlog-to-Revenue2.50x Book Ratio
R&D Intensity11.5% of Revenue
Munitions Surge91 / 100 Surge
Flagship Platforms & Munitions
Direct RF High-Speed Data ConvertersPhased Array Beamforming Core ICsMillimeter-Wave Radar TransceiversHigh-Temperature Inertial MEMS Gyroscopes
Revenue Scale61.5
Surge Capacity91.0
Backlog Health62.5
R&D Innovation95.8
Supply Sovereignty96.0
#50
๐บ๐ธBlue Origin Defense
Kent, Washington, USAChoke Point MonopolySpace & Orbital LaunchDual-Use Tech LeaderUnited Statesโข Founded: 2000 โข Defense Revenue Share: 33.9%
MIB Industrial Index83.0
Defense Revenue$0.9 Billion
Backlog-to-Revenue3.90x Book Ratio
R&D Intensity24.0% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Heavy Reusable Launch Vehicles (New Glenn)High-Thrust Methane Rocket Engines (BE-4)National Security Space Launch Phase 3Lunar Landers & High-Energy Space Tug Systems
Revenue Scale33.8
Surge Capacity88.0
Backlog Health97.5
R&D Innovation100.0
Supply Sovereignty95.0
Defense Revenue$2.1 Billion
Backlog-to-Revenue3.40x Book Ratio
R&D Intensity11.2% of Revenue
Munitions Surge89 / 100 Surge
Flagship Platforms & Munitions
Naval & Vehicle Sights (PASEO)Airborne EO/IR Gimbals (Euroflir 410)Dismounted Soldier Thermal Optics (JIM Compact)Inertial Navigation Systems (SIGMA 40)
Revenue Scale34.4
Surge Capacity89.0
Backlog Health85.0
R&D Innovation93.3
Supply Sovereignty95.0
Defense Revenue$12.5 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity5.1% of Revenue
Munitions Surge80 / 100 Surge
Flagship Platforms & Munitions
Military Helicopters (AgustaWestland)Naval Gun Systems & Precision MunitionsDefense Electronics & AESA RadarsAeronautics & Combat Aircraft (GCAP Partner)
Revenue Scale61.1
Surge Capacity80.0
Backlog Health70.0
R&D Innovation42.5
Supply Sovereignty89.0
Defense Revenue$1.6 Billion
Backlog-to-Revenue4.80x Book Ratio
R&D Intensity9.2% of Revenue
Munitions Surge94 / 100 Surge
Flagship Platforms & Munitions
Shoulder-Fired Multi-Role Weapons (Carl-Gustaf M4)Next-Gen Light Anti-Tank Weapons (NLAW)Very Short-Range Air Defense (RBS 70 NG)Heavy Anti-Ship Cruise Missiles (RBS-15)
Revenue Scale22.4
Surge Capacity94.0
Backlog Health100.0
R&D Innovation76.7
Supply Sovereignty95.0
#54
๐บ๐ธMicron Technology Federal
Boise, Idaho, USAChoke Point MonopolyDual-Use Tech LeaderUnited Statesโข Founded: 1978 โข Defense Revenue Share: 2.2%
MIB Industrial Index82.1
Defense Revenue$0.6 Billion
Backlog-to-Revenue2.10x Book Ratio
R&D Intensity12.0% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
High Bandwidth Memory (HBM3E) for Defense AIExtreme-Temperature SLC NAND FlashRadiation-Tolerant Aerospace DRAMSecure Encrypted NVMe SSDs
Revenue Scale63.2
Surge Capacity88.0
Backlog Health52.5
R&D Innovation100.0
Supply Sovereignty95.0
#55
๐บ๐ธShield AI
San Diego, California, USADefense Tech DisruptorUnited Statesโข Founded: 2015 โข Defense Revenue Share: 100%
MIB Industrial Index81.8
Defense Revenue$0.3 Billion
Backlog-to-Revenue3.50x Book Ratio
R&D Intensity25.0% of Revenue
Munitions Surge75 / 100 Surge
Flagship Platforms & Munitions
Hivemind Autonomous AI PilotTactical VTOL UAS (V-BAT)GPS-Denied Operations
Revenue Scale8.1
Surge Capacity86.3
Backlog Health87.5
R&D Innovation100.0
Supply Sovereignty88.0
Defense Revenue$4.5 Billion
Backlog-to-Revenue3.40x Book Ratio
R&D Intensity8.2% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
Ballistic Missile Defense (Arrow 2/3)Loitering Munitions (Harop / Harpy)Naval Air Defense (Barak MX)Radar Systems (ELTA Systems)
Revenue Scale40.0
Surge Capacity92.0
Backlog Health85.0
R&D Innovation68.3
Supply Sovereignty94.0
#57
๐บ๐ธFincantieri Marinette Marine
Marinette, Wisconsin, USAChoke Point MonopolyUnited Statesโข Founded: 1942 โข Defense Revenue Share: 96.3%
MIB Industrial Index81.4
Defense Revenue$1.3 Billion
Backlog-to-Revenue4.60x Book Ratio
R&D Intensity5.2% of Revenue
Munitions Surge89 / 100 Surge
Flagship Platforms & Munitions
Constellation-Class Guided Missile Frigates (FFG-62)Freedom-Class Littoral Combat ShipsMulti-Mission Surface Combatants (MMSC)Naval Great Lakes Shipbuilding Complex
Revenue Scale19.5
Surge Capacity89.0
Backlog Health100.0
R&D Innovation43.3
Supply Sovereignty95.0
#58
๐บ๐ธNorthrop Grumman Propulsion Systems
Promontory, Utah, USAChoke Point MonopolyUnited Statesโข Founded: 1929 โข Defense Revenue Share: 93.3%
MIB Industrial Index81.2
Defense Revenue$2.8 Billion
Backlog-to-Revenue3.50x Book Ratio
R&D Intensity7.0% of Revenue
Munitions Surge94 / 100 Surge
Flagship Platforms & Munitions
Strategic ICBM & SLBM Solid Rocket MotorsGround-Based Midcourse Defense Interceptor BoostersSentinel (GBSD) Rocket StagesTactical Guided Missile Propulsion
Revenue Scale31.3
Surge Capacity94.0
Backlog Health87.5
R&D Innovation58.3
Supply Sovereignty98.0
#59
๐บ๐ธL3Harris Technologies
Melbourne, Florida, USATraditional PrimeUnited Statesโข Founded: 2019 โข Defense Revenue Share: 75%
MIB Industrial Index81.1
Defense Revenue$14.5 Billion
Backlog-to-Revenue2.10x Book Ratio
R&D Intensity4.2% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Tactical Communications (Falcon Radios)Solid Rocket Propulsion (Aerojet Rocketdyne)Electro-Optical / Infrared Turrets (WESCAM)Airborne Electronic Warfare Suites
Revenue Scale64.3
Surge Capacity88.0
Backlog Health52.5
R&D Innovation35.0
Supply Sovereignty91.0
Defense Revenue$0.3 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity12.5% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
4G / 4G+ Night Vision Image Intensifier TubesITAR-Free Sovereign European Night OpticsDigital Low-Light CMOS Imaging SensorsUltraviolet Missile Warning Sensors
Revenue Scale17.9
Surge Capacity92.0
Backlog Health95.0
R&D Innovation100.0
Supply Sovereignty96.0
#61
๐บ๐ธSierra Space
Louisville, Colorado, USAChoke Point MonopolyDefense Tech DisruptorDual-Use Tech LeaderUnited Statesโข Founded: 2021 โข Defense Revenue Share: 77.8%
MIB Industrial Index79.9
Defense Revenue$0.3 Billion
Backlog-to-Revenue3.60x Book Ratio
R&D Intensity18.0% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Reusable Military Spaceplanes (Dream Chaser)Ghost Tactical Re-Entry Logistics SystemsMissile Defense Tracking Satellites (SDA)Inflatable Commercial/Defense Space Stations
Revenue Scale13.9
Surge Capacity100.0
Backlog Health90.0
R&D Innovation100.0
Supply Sovereignty93.0
#62
๐บ๐ธAnduril Adranos
West Lafayette, Indiana, USAChoke Point MonopolyDefense Tech DisruptorUnited Statesโข Founded: 2015 โข Defense Revenue Share: 83.3%
MIB Industrial Index79.6
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.70x Book Ratio
R&D Intensity21.0% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
ALITEC High-Energy Rocket FuelTactical Solid Rocket MotorsExtended-Range Missile PropulsionAutomated Energetics Manufacturing
Revenue Scale3.8
Surge Capacity100.0
Backlog Health67.5
R&D Innovation100.0
Supply Sovereignty93.0
Defense Revenue$1.9 Billion
Backlog-to-Revenue2.70x Book Ratio
R&D Intensity6.8% of Revenue
Munitions Surge85 / 100 Surge
Flagship Platforms & Munitions
Active Radar Missile SeekersFighter AESA Radars (J/APG)Strategic Ballistic Early Warning RadarsNaval OPY-2 AESA Radar Suites
Revenue Scale76.7
Surge Capacity85.0
Backlog Health67.5
R&D Innovation72.9
Supply Sovereignty94.0
Defense Revenue$0.9 Billion
Backlog-to-Revenue4.60x Book Ratio
R&D Intensity9.5% of Revenue
Munitions Surge89 / 100 Surge
Flagship Platforms & Munitions
Blekinge-Class (A26) Stealth SubmarinesStirling AIP Propulsion EnginesVisby-Class Carbon-Fiber Stealth CorvettesGhost Underwater Acoustic Signature Technology
Revenue Scale15.7
Surge Capacity89.0
Backlog Health100.0
R&D Innovation79.2
Supply Sovereignty94.0
Defense Revenue$1.4 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity10.8% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
Airborne EO/IR Payloads (CoMPASS)Directional Infrared Countermeasures (DIRCM)Helmet Mounted Display Systems (F-35 HMDS)Spaceborne High-Resolution Optical Cameras
Revenue Scale20.5
Surge Capacity92.0
Backlog Health95.0
R&D Innovation90.0
Supply Sovereignty95.0
#66
๐บ๐ธTexas Instruments Defense
Dallas, Texas, USAChoke Point MonopolyDual-Use Tech LeaderUnited Statesโข Founded: 1930 โข Defense Revenue Share: 6.9%
MIB Industrial Index79.1
Defense Revenue$1.2 Billion
Backlog-to-Revenue2.30x Book Ratio
R&D Intensity9.2% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
Mil-Spec Analog & Power ManagementPrecision Radar Digital Signal Processors (DSP)High-Reliability Space Radiation ICsGaN Power Conversion for Missiles
Revenue Scale63.2
Surge Capacity92.0
Backlog Health57.5
R&D Innovation81.6
Supply Sovereignty95.0
Defense Revenue$0.4 Billion
Backlog-to-Revenue3.40x Book Ratio
R&D Intensity7.8% of Revenue
Munitions Surge82 / 100 Surge
Flagship Platforms & Munitions
Naval Surveillance RadarsAirborne Electronic Warfare ControllersF-35 Composite AerostructuresCoastal Perimeter Surveillance
Revenue Scale12.9
Surge Capacity82.0
Backlog Health85.0
R&D Innovation65.9
Supply Sovereignty90.0
#68
๐ฐ๐ทKorea Aerospace Industries (KAI)
Sacheon, South KoreaTraditional PrimeSouth Koreaโข Founded: 1999 โข Defense Revenue Share: 90.3%
MIB Industrial Index78.6
Defense Revenue$2.8 Billion
Backlog-to-Revenue4.20x Book Ratio
R&D Intensity9.8% of Revenue
Munitions Surge86 / 100 Surge
Flagship Platforms & Munitions
Advanced Supersonic FightersLead-In Fighter TrainersMilitary Utility & Attack HelicoptersTactical UAVs
Revenue Scale31.3
Surge Capacity86.0
Backlog Health100.0
R&D Innovation81.7
Supply Sovereignty88.0
#69
๐บ๐ธCapella Space
San Francisco, California, USAChoke Point MonopolyDefense Tech DisruptorUnited Statesโข Founded: 2016 โข Defense Revenue Share: 80%
MIB Industrial Index78.5
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.50x Book Ratio
R&D Intensity21.0% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Very High Resolution (VHR) X-Band Space SAR24/7 All-Weather Cloud-Penetrating RadarSub-Half-Meter Synthetic Aperture ImageryTactical Real-Time Spotlight Radar Imaging
Revenue Scale2.1
Surge Capacity100.0
Backlog Health62.5
R&D Innovation100.0
Supply Sovereignty92.0
#70
๐บ๐ธX-Bow Systems
Albuquerque, New Mexico, USAChoke Point MonopolyDefense Tech DisruptorUnited Statesโข Founded: 2016 โข Defense Revenue Share: 81.8%
MIB Industrial Index78.4
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.50x Book Ratio
R&D Intensity22.0% of Revenue
Munitions Surge90 / 100 Surge
Flagship Platforms & Munitions
Additively Manufactured Solid PropellantSuborbital Hypersonic Rocket LaunchersLow-Cost Guided Missile MotorsModular Solid Propellant Architecture
Revenue Scale2.3
Surge Capacity100.0
Backlog Health62.5
R&D Innovation100.0
Supply Sovereignty91.0
#71
๐ฌ๐งBabcock International Marine
London, United KingdomChoke Point MonopolyDual-Use Tech LeaderUnited Kingdomโข Founded: 1891 โข Defense Revenue Share: 59.3%
MIB Industrial Index78.3
Defense Revenue$3.2 Billion
Backlog-to-Revenue3.40x Book Ratio
R&D Intensity5.8% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Arrowhead 140 / Type 31 FrigatesRoyal Navy Nuclear Submarine Refueling (Devonport)Aircraft Carrier Through-Life Support (Rosyth)Weapons Handling & Launch Systems (WHLS)
Revenue Scale50.6
Surge Capacity88.0
Backlog Health85.0
R&D Innovation75.4
Supply Sovereignty95.0
Defense Revenue$1.7 Billion
Backlog-to-Revenue3.60x Book Ratio
R&D Intensity8.5% of Revenue
Munitions Surge87 / 100 Surge
Flagship Platforms & Munitions
Sovereign European Heavy Launch (Ariane 6)French Strategic Deterrent (M51 SLBM)Cryogenic Liquid Rocket Propulsion (Vulcain)Solid Rocket Boosters (P120C)
Revenue Scale38.8
Surge Capacity87.0
Backlog Health90.0
R&D Innovation82.5
Supply Sovereignty95.0
#73
๐บ๐ธSkydio
San Mateo, California, USADefense Tech DisruptorUnited Statesโข Founded: 2014 โข Defense Revenue Share: 64.3%
MIB Industrial Index78.2
Defense Revenue$0.2 Billion
Backlog-to-Revenue2.20x Book Ratio
R&D Intensity20.0% of Revenue
Munitions Surge78 / 100 Surge
Flagship Platforms & Munitions
Autonomous Obstacle-Avoidance sUASTactical Short-Range Reconnaissance (SRR)AI Computer Vision Navigation
Revenue Scale4.5
Surge Capacity89.7
Backlog Health55.0
R&D Innovation100.0
Supply Sovereignty90.0
#74
๐บ๐ธMarvell Government Solutions
Santa Clara, California, USAChoke Point MonopolyDual-Use Tech LeaderUnited Statesโข Founded: 1995 โข Defense Revenue Share: 6.4%
MIB Industrial Index78.1
Defense Revenue$0.3 Billion
Backlog-to-Revenue2.40x Book Ratio
R&D Intensity32.0% of Revenue
Munitions Surge87 / 100 Surge
Flagship Platforms & Munitions
Custom Secure Military ASICsHardware Security Modules (HSM)High-Speed Tactical Ethernet SwitchesAdvanced 5nm/3nm Custom Silicon Design
Revenue Scale39.4
Surge Capacity87.0
Backlog Health60.0
R&D Innovation100.0
Supply Sovereignty94.0
#75
๐บ๐ธGlobalFoundries
Malta, New York, USAChoke Point MonopolySemiconductor FoundryDual-Use Tech LeaderUnited Statesโข Founded: 2009 โข Defense Revenue Share: 11.5%
MIB Industrial Index77.9
Defense Revenue$0.8 Billion
Backlog-to-Revenue2.60x Book Ratio
R&D Intensity9.5% of Revenue
Munitions Surge90 / 100 Surge
Flagship Platforms & Munitions
DMEA Category 1A Trusted Foundry45nm RF-SOI for Radar Phased Arrays12nm FinFET Aerospace ASICsSilicon Photonics for Tactical Communications
Revenue Scale49.5
Surge Capacity90.0
Backlog Health65.0
R&D Innovation85.0
Supply Sovereignty95.0
#76
๐บ๐ธUnited Launch Alliance (ULA)
Centennial, Colorado, USAChoke Point MonopolySpace & Orbital LaunchDual-Use Tech LeaderUnited Statesโข Founded: 2006 โข Defense Revenue Share: 86.4%
MIB Industrial Index77.8
Defense Revenue$1.9 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity7.2% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
National Security Space Launch (NSSL)Heavy Orbital Launch Vehicles (Vulcan Centaur)Centaur Cryogenic High-Energy Upper StagesDirect Geostationary Orbital Insertion
Revenue Scale31.3
Surge Capacity88.0
Backlog Health95.0
R&D Innovation81.9
Supply Sovereignty96.0
Defense Revenue$1.2 Billion
Backlog-to-Revenue2.60x Book Ratio
R&D Intensity14.5% of Revenue
Munitions Surge85 / 100 Surge
Flagship Platforms & Munitions
Software Defined Radios (SDR)Naval Integrated CommunicationsSIGINT / COMINT Direction FindingAnti-Jam Tactical Waveforms
Revenue Scale35.2
Surge Capacity85.0
Backlog Health65.0
R&D Innovation100.0
Supply Sovereignty95.0
Defense Revenue$1.6 Billion
Backlog-to-Revenue3.60x Book Ratio
R&D Intensity6.2% of Revenue
Munitions Surge90 / 100 Surge
Flagship Platforms & Munitions
Soryu-Class Advanced AIP SubmarinesTaigei-Class Submarine ConstructionSubmarine Pressure Hull High-Tensile SteelNaval Steam Turbines & Marine Gearboxes
Revenue Scale41.2
Surge Capacity90.0
Backlog Health90.0
R&D Innovation71.0
Supply Sovereignty94.0
#79
๐บ๐ธDay & Zimmermann
Philadelphia, Pennsylvania, USAChoke Point MonopolyDual-Use Tech LeaderUnited Statesโข Founded: 1901 โข Defense Revenue Share: 44%
MIB Industrial Index77.5
Defense Revenue$1.1 Billion
Backlog-to-Revenue3.60x Book Ratio
R&D Intensity4.5% of Revenue
Munitions Surge95 / 100 Surge
Flagship Platforms & Munitions
155mm Load, Assemble and Pack (LAP)Government-Owned Army Ammunition Plants (GOCO)Large-Caliber Mortar & Artillery ProjectilesMedium Caliber Cannon Ammunition
Revenue Scale35.3
Surge Capacity95.0
Backlog Health90.0
R&D Innovation74.8
Supply Sovereignty96.0
#80
๐ฐ๐ทPoongsan Corporation
Seoul, South KoreaChoke Point MonopolyDual-Use Tech LeaderSouth Koreaโข Founded: 1968 โข Defense Revenue Share: 34.4%
MIB Industrial Index77.4
Defense Revenue$1.1 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity5.2% of Revenue
Munitions Surge95 / 100 Surge
Flagship Platforms & Munitions
155mm Extended-Range Artillery Munitions (K307 / K315)Tank Gun Kinetic APFSDS MunitionsNaval 76mm & 127mm Gun MunitionsGlobal Small Arms Military Cartridges
Revenue Scale37.1
Surge Capacity95.0
Backlog Health95.0
R&D Innovation70.9
Supply Sovereignty95.0
#81
๐ฐ๐ทHanwha Systems
Seoul, South KoreaChoke Point MonopolyDual-Use Tech LeaderSouth Koreaโข Founded: 1978 โข Defense Revenue Share: 84.2%
MIB Industrial Index77.2
Defense Revenue$1.6 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity9.5% of Revenue
Munitions Surge89 / 100 Surge
Flagship Platforms & Munitions
Fighter AESA Airborne RadarsNaval Combat Management Systems (CMS)Electro-Optical Targeting Systems (EO-TGP)Low-Earth Orbit Defense Constellations
Revenue Scale24.5
Surge Capacity89.0
Backlog Health95.0
R&D Innovation79.2
Supply Sovereignty92.0
#82
๐จ๐ฟCzechoslovak Group (CSG Munitions)
Prague, Czech RepublicChoke Point MonopolyDual-Use Tech LeaderCzech Republicโข Founded: 2014 โข Defense Revenue Share: 81.8%
MIB Industrial Index77.2
Defense Revenue$1.8 Billion
Backlog-to-Revenue4.60x Book Ratio
R&D Intensity6.8% of Revenue
Munitions Surge95 / 100 Surge
Flagship Platforms & Munitions
Large-Caliber 155mm Artillery Shells (MSM Group)Heavy All-Terrain Military Chassis (Tatra)Tank & Armored Vehicle ModernizationPropellants & Initiating Energetics
Revenue Scale29.8
Surge Capacity95.0
Backlog Health100.0
R&D Innovation75.2
Supply Sovereignty92.0
Defense Revenue$2.3 Billion
Backlog-to-Revenue3.90x Book Ratio
R&D Intensity12.5% of Revenue
Munitions Surge85 / 100 Surge
Flagship Platforms & Munitions
5th-Gen Stealth Fighter DevelopmentHigh-End MALE & Stealth UCAVsAttack HelicoptersAerostructures
Revenue Scale28.0
Surge Capacity85.0
Backlog Health97.5
R&D Innovation100.0
Supply Sovereignty86.0
Defense Revenue$2.5 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity3.6% of Revenue
Munitions Surge70 / 100 Surge
Flagship Platforms & Munitions
FREMM Multi-Mission FrigatesOffshore Patrol & CombatantsAir-Independent Propulsion SubmarinesUS Constellation-class (via Fincantieri Marinette Marine)
Revenue Scale29.4
Surge Capacity70.0
Backlog Health95.0
R&D Innovation30.0
Supply Sovereignty85.0
#85
๐บ๐ธHoneywell Aerospace
Phoenix, Arizona, USAChoke Point MonopolyDual-Use Tech LeaderUnited Statesโข Founded: 1906 โข Defense Revenue Share: 31.7%
MIB Industrial Index76.8
Defense Revenue$4.5 Billion
Backlog-to-Revenue2.50x Book Ratio
R&D Intensity6.0% of Revenue
Munitions Surge86 / 100 Surge
Flagship Platforms & Munitions
Main Battle Tank Gas TurbinesHeavy Helicopter TurboshaftsAuxiliary Power Units (APUs)Inertial Navigation Systems
Revenue Scale71.6
Surge Capacity86.0
Backlog Health62.5
R&D Innovation68.5
Supply Sovereignty94.0
Defense Revenue$0.7 Billion
Backlog-to-Revenue3.40x Book Ratio
R&D Intensity11.5% of Revenue
Munitions Surge87 / 100 Surge
Flagship Platforms & Munitions
Synthetic Aperture Radar (SAR) ConstellationsCanadarm Space Robotics & Defense ServicingTactical Electronic Warfare AntennasMaritime Arctic Surveillance (RADARSAT)
Revenue Scale19.9
Surge Capacity87.0
Backlog Health85.0
R&D Innovation95.8
Supply Sovereignty93.0
Defense Revenue$1.5 Billion
Backlog-to-Revenue3.70x Book Ratio
R&D Intensity10.5% of Revenue
Munitions Surge81 / 100 Surge
Flagship Platforms & Munitions
Military Comms Satellite PayloadsX-Band Synthetic Aperture Radar SpacecraftAnti-Jam Satellite TranspondersOptical Space Surveillance Instruments
Revenue Scale30.5
Surge Capacity81.0
Backlog Health92.5
R&D Innovation87.5
Supply Sovereignty92.0
#88
๐บ๐ธWilliams International
Pontiac, Michigan, USAChoke Point MonopolyDual-Use Tech LeaderUnited Statesโข Founded: 1954 โข Defense Revenue Share: 60.7%
MIB Industrial Index76.1
Defense Revenue$0.8 Billion
Backlog-to-Revenue3.00x Book Ratio
R&D Intensity9.1% of Revenue
Munitions Surge89 / 100 Surge
Flagship Platforms & Munitions
Cruise Missile Small TurbofansHigh-Thrust-to-Weight Micro TurbofansAutonomous Strike Drone PropulsionExpendable Gas Turbines
Revenue Scale28.1
Surge Capacity89.0
Backlog Health75.0
R&D Innovation89.4
Supply Sovereignty95.3
#89
๐บ๐ธRebellion Defense
Washington, D.C., USAChoke Point MonopolyDefense Tech DisruptorUnited Statesโข Founded: 2019 โข Defense Revenue Share: 88.9%
MIB Industrial Index75.8
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.20x Book Ratio
R&D Intensity28.0% of Revenue
Munitions Surge82 / 100 Surge
Flagship Platforms & Munitions
Autonomous Cyber Resilience (Nova)Sensor-to-Shooter Battle Management (Iris)Project Maven Computer Vision AnalyticsMulti-Domain Operational Software
Revenue Scale2.1
Surge Capacity94.3
Backlog Health55.0
R&D Innovation100.0
Supply Sovereignty91.0
#90
๐บ๐ธUrsa Major Technologies
Berthoud, Colorado, USAChoke Point MonopolyDefense Tech DisruptorDual-Use Tech LeaderUnited Statesโข Founded: 2015 โข Defense Revenue Share: 75%
MIB Industrial Index75.7
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity24.0% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
3D-Printed Solid Rocket MotorsHypersonic Liquid Rocket EnginesStorable Hypergolic EnginesRapid Production Rocket Motors
Revenue Scale8.9
Surge Capacity100.0
Backlog Health70.0
R&D Innovation100.0
Supply Sovereignty92.0
#91
๐บ๐ธApplied Intuition Defense
Mountain View, California, USAChoke Point MonopolyDefense Tech DisruptorDual-Use Tech LeaderUnited Statesโข Founded: 2017 โข Defense Revenue Share: 34.3%
MIB Industrial Index75.6
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.60x Book Ratio
R&D Intensity26.0% of Revenue
Munitions Surge89 / 100 Surge
Flagship Platforms & Munitions
Autonomous Vehicle Physics-Based SimulationSynthetic Sensor Data Generation (Radar/LiDAR/IR)Uncrewed Ground Vehicle (UGV) Autonomy StacksRobotic Combat Vehicle Software Testing
Revenue Scale12.3
Surge Capacity100.0
Backlog Health65.0
R&D Innovation100.0
Supply Sovereignty92.0
Defense Revenue$1.8 Billion
Backlog-to-Revenue3.90x Book Ratio
R&D Intensity11.5% of Revenue
Munitions Surge94 / 100 Surge
Flagship Platforms & Munitions
Active Phased Array Missile Defense RadarsAirborne Early Warning Radars (AEW&C)Counter-Drone Radar & EW NetworksGround Surface Target Radars
Revenue Scale24.1
Surge Capacity94.0
Backlog Health97.5
R&D Innovation95.8
Supply Sovereignty96.0
#93
๐บ๐ธEchodyne
Kirkland, Washington, USAChoke Point MonopolyDefense Tech DisruptorDual-Use Tech LeaderUnited Statesโข Founded: 2014 โข Defense Revenue Share: 72.7%
MIB Industrial Index75.2
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.60x Book Ratio
R&D Intensity22.0% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Metamaterials Electronically Scanned Array (MESA)Ultra-Compact C-UAS RadarsBorder Security Micro-RadarsAutonomous Ground Vehicle Obstacle Radar
Revenue Scale10.3
Surge Capacity100.0
Backlog Health65.0
R&D Innovation100.0
Supply Sovereignty92.0
Defense Revenue$1.8 Billion
Backlog-to-Revenue3.60x Book Ratio
R&D Intensity4.8% of Revenue
Munitions Surge68 / 100 Surge
Flagship Platforms & Munitions
Aegis Guided Missile FrigatesAIP Conventional SubmarinesAmphibious Assault Ships (LHD)Naval Combat Systems & Propulsion
Revenue Scale24.1
Surge Capacity68.0
Backlog Health90.0
R&D Innovation40.0
Supply Sovereignty84.0
Defense Revenue$1.9 Billion
Backlog-to-Revenue3.40x Book Ratio
R&D Intensity9.2% of Revenue
Munitions Surge94 / 100 Surge
Flagship Platforms & Munitions
Medium Altitude Long Endurance UCAVsHigh Altitude Long Endurance UCAVsUnmanned Combat Fighter AircraftTactical Drone Avionics & AI Control
Revenue Scale25.0
Surge Capacity94.0
Backlog Health85.0
R&D Innovation76.7
Supply Sovereignty87.0
Defense Revenue$1.5 Billion
Backlog-to-Revenue3.70x Book Ratio
R&D Intensity6.5% of Revenue
Munitions Surge84 / 100 Surge
Flagship Platforms & Munitions
Military High-Pressure CompressorsTurbine Blade CoatingsMilitary Fleet Maintenance & OverhaulBlisk Manufacturing
Revenue Scale47.3
Surge Capacity84.0
Backlog Health92.5
R&D Innovation66.1
Supply Sovereignty91.0
#97
๐ณ๐ฑDamen Shipyards Group
Gorinchem, NetherlandsChoke Point MonopolyTraditional PrimeDual-Use Tech LeaderNetherlandsโข Founded: 1927 โข Defense Revenue Share: 45.2%
MIB Industrial Index74.6
Defense Revenue$1.4 Billion
Backlog-to-Revenue3.30x Book Ratio
R&D Intensity6.5% of Revenue
Munitions Surge86 / 100 Surge
Flagship Platforms & Munitions
SIGMA-Class Modular Multi-Mission FrigatesCombat Support Ships & Replenishment TankersEnforcer-Class LPD Amphibious VesselsOffshore Patrol Vessels (OPV)
Revenue Scale33.1
Surge Capacity86.0
Backlog Health82.5
R&D Innovation63.4
Supply Sovereignty91.0
#98
๐ณ๐ฑRobin Radar Systems
The Hague, NetherlandsChoke Point MonopolyDefense Tech DisruptorDual-Use Tech LeaderNetherlandsโข Founded: 2010 โข Defense Revenue Share: 66.7%
MIB Industrial Index74.0
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.50x Book Ratio
R&D Intensity20.0% of Revenue
Munitions Surge86 / 100 Surge
Flagship Platforms & Munitions
Micro-Doppler Drone Detection3D Bird vs Drone ClassificationHigh-Update Mobile Counter-UAS RadarsAirbase Perimeter Radar Defense
Revenue Scale9.1
Surge Capacity98.9
Backlog Health62.5
R&D Innovation100.0
Supply Sovereignty90.0
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity18.0% of Revenue
Munitions Surge84 / 100 Surge
Flagship Platforms & Munitions
AI-Powered Thermal Weapon SightsUncooled Microbolometer EnginesCommander Sights for Armored VehiclesAutonomous Sensor Fusion Algorithms
Revenue Scale7.7
Surge Capacity96.6
Backlog Health70.0
R&D Innovation100.0
Supply Sovereignty88.0
#100
๐บ๐ธMoog Inc.
East Aurora, New York, USAChoke Point MonopolyDual-Use Tech LeaderUnited Statesโข Founded: 1951 โข Defense Revenue Share: 48.5%
MIB Industrial Index73.8
Defense Revenue$1.6 Billion
Backlog-to-Revenue2.70x Book Ratio
R&D Intensity6.2% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Missile Fin Steering ActuationFly-By-Wire Primary Flight ControlsHigh-Power Armored Turret DrivesRotary Slip Rings for Radars
Revenue Scale39.3
Surge Capacity88.0
Backlog Health67.5
R&D Innovation76.8
Supply Sovereignty95.0
#101
๐บ๐ธLeonardo DRS Electro-Optical
Melbourne, Florida, USAChoke Point MonopolyUnited Statesโข Founded: 1969 โข Defense Revenue Share: 88%
MIB Industrial Index73.6
Defense Revenue$1.1 Billion
Backlog-to-Revenue2.90x Book Ratio
R&D Intensity8.5% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Driver Vision Enhancers (AN/VAS-5)Cooled & Uncooled Thermal Detector CoresMast-Mounted Armored Vehicle SightsDistributed Aperture Infrared Systems
Revenue Scale17.4
Surge Capacity88.0
Backlog Health72.5
R&D Innovation70.8
Supply Sovereignty95.0
#102
๐บ๐ธScale AI Government Solutions
San Francisco, California, USAChoke Point MonopolyFrontier ComputeDual-Use Tech LeaderUnited Statesโข Founded: 2016 โข Defense Revenue Share: 33.3%
MIB Industrial Index73.3
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.50x Book Ratio
R&D Intensity25.0% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Defense Large Language Models (Donovan)Military Computer Vision Data AnnotationAutonomous Target Recognition DatasetsRed-Teaming for National Security AI
Revenue Scale14.5
Surge Capacity88.0
Backlog Health62.5
R&D Innovation100.0
Supply Sovereignty92.0
#103
๐ฐ๐ทHyundai Rotem
Seoul, South KoreaTraditional PrimeDual-Use Tech LeaderSouth Koreaโข Founded: 1977 โข Defense Revenue Share: 60%
MIB Industrial Index73.3
Defense Revenue$1.8 Billion
Backlog-to-Revenue4.80x Book Ratio
R&D Intensity5.8% of Revenue
Munitions Surge91 / 100 Surge
Flagship Platforms & Munitions
Main Battle TanksWheeled Armored Combat VehiclesUnmanned Ground Combat Vehicles (UGV)Automated Ammunition Resupply
Revenue Scale28.5
Surge Capacity91.0
Backlog Health100.0
R&D Innovation50.9
Supply Sovereignty90.0
#104
๐บ๐ธBlackSky Technology
Herndon, Virginia, USAChoke Point MonopolySpace & Orbital LaunchDual-Use Tech LeaderUnited Statesโข Founded: 2014 โข Defense Revenue Share: 80%
MIB Industrial Index73.1
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity20.0% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Real-Time Tactical Geospatial IntelligenceDawn-to-Dusk Hourly High-Frequency ImagingSpectra AI Automated Sensor OrchestrationSub-Meter Gen-3 Optical Earth Observation
Revenue Scale9.2
Surge Capacity88.0
Backlog Health70.0
R&D Innovation100.0
Supply Sovereignty91.0
#105
๐บ๐ธOpenAI
San Francisco, California, USAChoke Point MonopolyFrontier ComputeDual-Use Tech LeaderUnited Statesโข Founded: 2015 โข Defense Revenue Share: 5.6%
MIB Industrial Index72.9
Defense Revenue$0.3 Billion
Backlog-to-Revenue1.80x Book Ratio
R&D Intensity35.0% of Revenue
Munitions Surge80 / 100 Surge
Flagship Platforms & Munitions
Frontier Reasoning ModelsDARPA Cyber Reasoning ChallengeNational Security Automated Analysis
Revenue Scale35.8
Surge Capacity80.0
Backlog Health45.0
R&D Innovation100.0
Supply Sovereignty90.0
Defense Revenue$10.2 Billion
Backlog-to-Revenue2.70x Book Ratio
R&D Intensity5.4% of Revenue
Munitions Surge82 / 100 Surge
Flagship Platforms & Munitions
Naval Sonar & Underwater SystemsLand & Air Defense Radar FamiliesMilitary Communications & C4ISRAvionics & Optronics
Revenue Scale56.7
Surge Capacity82.0
Backlog Health67.5
R&D Innovation45.0
Supply Sovereignty92.0
Defense Revenue$1.9 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity9.2% of Revenue
Munitions Surge89 / 100 Surge
Flagship Platforms & Munitions
AESA Air Defense RadarsAirborne Electronic Warfare SuitesBorder Surveillance RadarsPassive Radar Systems
Revenue Scale25.0
Surge Capacity89.0
Backlog Health95.0
R&D Innovation76.7
Supply Sovereignty94.0
Defense Revenue$2.9 Billion
Backlog-to-Revenue3.50x Book Ratio
R&D Intensity8.0% of Revenue
Munitions Surge91 / 100 Surge
Flagship Platforms & Munitions
Electronic Warfare & Radar (AESA)Electro-Optic & Targeting Pods (CATS)Air Defense & Counter-UAS (Korkut / Hisar)Military Communications & Tactical Networks
Revenue Scale31.9
Surge Capacity91.0
Backlog Health87.5
R&D Innovation66.7
Supply Sovereignty92.0
Defense Revenue$1.8 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity6.9% of Revenue
Munitions Surge82 / 100 Surge
Flagship Platforms & Munitions
Indigenous Combat TurbofansMaritime Patrol Jet EnginesSolid Rocket Boosters for DefenseGCAP Engine Architecture
Revenue Scale55.2
Surge Capacity82.0
Backlog Health70.0
R&D Innovation64.4
Supply Sovereignty93.0
Defense Revenue$0.9 Billion
Backlog-to-Revenue4.00x Book Ratio
R&D Intensity7.5% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
155mm BONUS Top-Attack Anti-Armor Shells120mm Tank Smoothbore Ammunition40mm Cased Telescoped Ammunition (CTAS)Katana Precision Guided Artillery
Revenue Scale15.7
Surge Capacity92.0
Backlog Health100.0
R&D Innovation62.5
Supply Sovereignty94.0
#111
๐บ๐ธPlanet Labs Federal
San Francisco, California, USAChoke Point MonopolySpace & Orbital LaunchDual-Use Tech LeaderUnited Statesโข Founded: 2010 โข Defense Revenue Share: 50%
MIB Industrial Index72.0
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.20x Book Ratio
R&D Intensity22.0% of Revenue
Munitions Surge89 / 100 Surge
Flagship Platforms & Munitions
Daily Global Earth Observation ConstellationsPelican High-Resolution Defense SatellitesAutomated Vessel Detection AnalyticsUnclassified Commercial Imagery for Allies
Revenue Scale13.0
Surge Capacity89.0
Backlog Health55.0
R&D Innovation100.0
Supply Sovereignty92.0
Defense Revenue$2.1 Billion
Backlog-to-Revenue3.30x Book Ratio
R&D Intensity8.0% of Revenue
Munitions Surge84 / 100 Surge
Flagship Platforms & Munitions
Military Helicopter TurboshaftsAttack Helicopter PowerplantsFull Authority Digital Engine Control (FADEC)High-Altitude Heavy Lift Turboshafts
Revenue Scale37.3
Surge Capacity84.0
Backlog Health82.5
R&D Innovation67.5
Supply Sovereignty92.0
#113
๐บ๐ธAnthropic
San Francisco, California, USAChoke Point MonopolyFrontier ComputeDual-Use Tech LeaderUnited Statesโข Founded: 2021 โข Defense Revenue Share: 8%
MIB Industrial Index71.5
Defense Revenue$0.2 Billion
Backlog-to-Revenue1.80x Book Ratio
R&D Intensity38.0% of Revenue
Munitions Surge80 / 100 Surge
Flagship Platforms & Munitions
Constitutional AI for National SecurityClaude GovCloud Classified EnclavesAutomated Vulnerability Synthesis
Revenue Scale28.6
Surge Capacity80.0
Backlog Health45.0
R&D Innovation100.0
Supply Sovereignty90.0
#114
๐ฌ๐งReaction Engines
Abingdon, Oxfordshire, United KingdomChoke Point MonopolyDefense Tech DisruptorDual-Use Tech LeaderUnited Kingdomโข Founded: 1989 โข Defense Revenue Share: 66.7%
MIB Industrial Index71.0
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.20x Book Ratio
R&D Intensity25.0% of Revenue
Munitions Surge76 / 100 Surge
Flagship Platforms & Munitions
Hypersonic Pre-CoolersMicro-Channel Heat ExchangersHigh-Mach Air-Breathing PropulsionThermal Management for Laser Weapons
Revenue Scale12.4
Surge Capacity87.4
Backlog Health55.0
R&D Innovation100.0
Supply Sovereignty89.0
Defense Revenue$1.4 Billion
Backlog-to-Revenue3.20x Book Ratio
R&D Intensity8.0% of Revenue
Munitions Surge82 / 100 Surge
Flagship Platforms & Munitions
3D Air Surveillance RadarsFCAS European Sensors LeadEurofighter Captor-E Radar LeadNaval Radar EW Integration
Revenue Scale39.3
Surge Capacity82.0
Backlog Health80.0
R&D Innovation66.8
Supply Sovereignty89.0
Defense Revenue$0.8 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity4.5% of Revenue
Munitions Surge87 / 100 Surge
Flagship Platforms & Munitions
Heavy Fleet Replenishment Ships (BRF)Supercarrier Hull Construction (PANG)Large Amphibious Assault Ship HullsMega-Drydock Heavy Fabrication
Revenue Scale27.6
Surge Capacity87.0
Backlog Health95.0
R&D Innovation60.7
Supply Sovereignty92.0
Defense Revenue$2.1 Billion
Backlog-to-Revenue2.90x Book Ratio
R&D Intensity5.2% of Revenue
Munitions Surge82 / 100 Surge
Flagship Platforms & Munitions
Maritime Patrol AircraftMilitary Tactical Air TransportMilitary Helicopter Dynamic SystemsSpace Fairings & Rocket Components
Revenue Scale55.2
Surge Capacity82.0
Backlog Health72.5
R&D Innovation49.4
Supply Sovereignty92.0
#118
๐บ๐ธYork Space Systems
Denver, Colorado, USAChoke Point MonopolySpace & Orbital LaunchUnited Statesโข Founded: 2015 โข Defense Revenue Share: 86.5%
MIB Industrial Index70.4
Defense Revenue$0.5 Billion
Backlog-to-Revenue4.10x Book Ratio
R&D Intensity14.0% of Revenue
Munitions Surge94 / 100 Surge
Flagship Platforms & Munitions
Mass-Manufactured Defense Satellite BusesSpace Development Agency Transport LayerProliferated Warfighter Space ArchitectureHigh-Payload-Ratio Low-Cost Spacecraft
Revenue Scale8.7
Surge Capacity94.0
Backlog Health100.0
R&D Innovation100.0
Supply Sovereignty93.0
Defense Revenue$1.2 Billion
Backlog-to-Revenue4.10x Book Ratio
R&D Intensity6.5% of Revenue
Munitions Surge84 / 100 Surge
Flagship Platforms & Munitions
Indigenous Defense Submarines (IDS)Amphibious Transport DocksNaval Missile FrigatesFast Attack Missile Craft
Revenue Scale21.0
Surge Capacity84.0
Backlog Health100.0
R&D Innovation55.7
Supply Sovereignty88.0
#120
๐บ๐ธCurtiss-Wright Defense Solutions
Davidson, North Carolina, USAChoke Point MonopolyDual-Use Tech LeaderUnited Statesโข Founded: 1929 โข Defense Revenue Share: 60.7%
MIB Industrial Index70.0
Defense Revenue$1.7 Billion
Backlog-to-Revenue2.90x Book Ratio
R&D Intensity5.4% of Revenue
Munitions Surge86 / 100 Surge
Flagship Platforms & Munitions
Rugged OpenVPX COTS ComputingEncrypted Tactical Data StorageNaval Submarine Nuclear Flow ValvesFlight Test Instrumentation
Revenue Scale33.2
Surge Capacity86.0
Backlog Health72.5
R&D Innovation66.0
Supply Sovereignty94.0
#121
๐บ๐ธBollinger Shipyards
Lockport, Louisiana, USAChoke Point MonopolyDual-Use Tech LeaderUnited Statesโข Founded: 1946 โข Defense Revenue Share: 84.6%
MIB Industrial Index69.8
Defense Revenue$1.1 Billion
Backlog-to-Revenue3.70x Book Ratio
R&D Intensity4.8% of Revenue
Munitions Surge87 / 100 Surge
Flagship Platforms & Munitions
Fast Response Cutters (Sentinel-Class)Polar Security Cutters (Heavy Icebreaker)Naval Ocean Tugs & Salvage Ships (T-ATS)Submarine Drydock Maintenance Infrastructure
Revenue Scale19.1
Surge Capacity87.0
Backlog Health92.5
R&D Innovation58.8
Supply Sovereignty93.0
Defense Revenue$3.2 Billion
Backlog-to-Revenue3.60x Book Ratio
R&D Intensity6.0% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Anti-Ship Missiles (NSM / JSM)Ground Based Air Defense (NASAMS)Remote Weapon Stations (Protector RWS)Subsea Sonar & Autonomous Marine Systems
Revenue Scale33.7
Surge Capacity88.0
Backlog Health90.0
R&D Innovation50.0
Supply Sovereignty90.0
#123
๐ฌ๐งQioptiq (Excelitas Technologies)
St Asaph, North Wales, United KingdomChoke Point MonopolyDual-Use Tech LeaderUnited Kingdomโข Founded: 1888 โข Defense Revenue Share: 73.1%
MIB Industrial Index68.0
Defense Revenue$0.4 Billion
Backlog-to-Revenue3.00x Book Ratio
R&D Intensity7.8% of Revenue
Munitions Surge86 / 100 Surge
Flagship Platforms & Munitions
Thermal Weapon Sights (Dragon)Head-Up Display Optical CombinersNight Vision Objective Lenses & PrismsPeriscope Optical Assemblies
Revenue Scale14.7
Surge Capacity86.0
Backlog Health75.0
R&D Innovation72.0
Supply Sovereignty93.0
#124
๐บ๐ธOshkosh Defense
Oshkosh, Wisconsin, USATraditional PrimeDual-Use Tech LeaderUnited Statesโข Founded: 1917 โข Defense Revenue Share: 26%
MIB Industrial Index68.0
Defense Revenue$2.5 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity3.8% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Tactical Wheeled VehiclesMine-Resistant Ambush Protected (MRAP)Autonomous Convoy LogisticsHeavy Tactical Mobility
Revenue Scale51.7
Surge Capacity88.0
Backlog Health70.0
R&D Innovation44.5
Supply Sovereignty92.0
#125
๐ฆ๐ชHalcon Systems
Abu Dhabi, United Arab EmiratesChoke Point MonopolyUnited Arab Emiratesโข Founded: 2017 โข Defense Revenue Share: 94.4%
MIB Industrial Index67.8
Defense Revenue$0.8 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity11.0% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Precision-Guided Glide Bombs (Desert Sting)Standoff Air-to-Surface Missiles (Thunder)Loitering Munition Systems (Shadow)Autonomous Defense Munitions Guidance
Revenue Scale14.4
Surge Capacity88.0
Backlog Health95.0
R&D Innovation91.7
Supply Sovereignty87.0
Defense Revenue$0.6 Billion
Backlog-to-Revenue3.50x Book Ratio
R&D Intensity8.2% of Revenue
Munitions Surge80 / 100 Surge
Flagship Platforms & Munitions
Low-Pressure TurbinesThrust Vectoring NozzlesExhaust Systems & CasingFCAS Propulsion Integration
Revenue Scale19.1
Surge Capacity80.0
Backlog Health87.5
R&D Innovation68.3
Supply Sovereignty88.0
Defense Revenue$1.1 Billion
Backlog-to-Revenue3.50x Book Ratio
R&D Intensity5.0% of Revenue
Munitions Surge85 / 100 Surge
Flagship Platforms & Munitions
Littoral Combat Ships (Independence-Class)Expeditionary Fast Transports (EPF)High-Speed Aluminum Trimaran HullsAutonomous Unmanned Surface Vessels (USV)
Revenue Scale19.3
Surge Capacity85.0
Backlog Health87.5
R&D Innovation56.6
Supply Sovereignty90.0
Defense Revenue$1.1 Billion
Backlog-to-Revenue3.50x Book Ratio
R&D Intensity6.8% of Revenue
Munitions Surge74 / 100 Surge
Flagship Platforms & Munitions
Multi-Mission Military Air TransportLight Attack & COIN AircraftAirborne Early Warning (AEW&C)C4I Systems
Revenue Scale35.8
Surge Capacity74.0
Backlog Health87.5
R&D Innovation56.7
Supply Sovereignty78.0
Defense Revenue$1.2 Billion
Backlog-to-Revenue4.50x Book Ratio
R&D Intensity5.4% of Revenue
Munitions Surge87 / 100 Surge
Flagship Platforms & Munitions
Project 15B Visakhapatnam DestroyersKalvari-Class (Scorpรจne) SubmarinesProject 17A Nilgiri Stealth FrigatesSubmarine Overhaul & Modernization
Revenue Scale18.5
Surge Capacity87.0
Backlog Health100.0
R&D Innovation45.0
Supply Sovereignty91.0
#130
๐บ๐ธTeledyne FLIR
Wilsonville, Oregon, USAUnited Statesโข Founded: 1978 โข Defense Revenue Share: 37.5%
MIB Industrial Index67.1
Defense Revenue$2.1 Billion
Backlog-to-Revenue2.30x Book Ratio
R&D Intensity9.0% of Revenue
Munitions Surge84 / 100 Surge
Flagship Platforms & Munitions
Black Hornet Personal Reconnaissance Nano-UAVThermal Imaging & Infrared SensorsC-UAS Integrated Surveillance
Revenue Scale26.5
Surge Capacity84.0
Backlog Health57.5
R&D Innovation75.0
Supply Sovereignty93.0
Defense Revenue$1.1 Billion
Backlog-to-Revenue3.10x Book Ratio
R&D Intensity7.3% of Revenue
Munitions Surge83 / 100 Surge
Flagship Platforms & Munitions
Accessory Drive GearboxesLow-Pressure Turbine AerodynamicsMilitary Additive ManufacturingHelicopter Transmission Systems
Revenue Scale26.4
Surge Capacity83.0
Backlog Health77.5
R&D Innovation62.4
Supply Sovereignty90.0
#132
๐บ๐ธTextron Systems
Providence, Rhode Island, USATraditional PrimeDual-Use Tech LeaderUnited Statesโข Founded: 1923 โข Defense Revenue Share: 23.4%
MIB Industrial Index67.0
Defense Revenue$3.2 Billion
Backlog-to-Revenue2.10x Book Ratio
R&D Intensity4.8% of Revenue
Munitions Surge80 / 100 Surge
Flagship Platforms & Munitions
Next-Gen Tiltrotor AviationTactical Unmanned AircraftShip-to-Shore Landing Craft (LCAC)Armored Combat Vehicles
Revenue Scale60.5
Surge Capacity80.0
Backlog Health52.5
R&D Innovation47.7
Supply Sovereignty90.0
Defense Revenue$0.7 Billion
Backlog-to-Revenue5.20x Book Ratio
R&D Intensity8.0% of Revenue
Munitions Surge95 / 100 Surge
Flagship Platforms & Munitions
Military NitrocelluloseArtillery Modular Propellant Charges (BMCS)Cast PBX High ExplosivesHexogen (RDX) and Octogen (HMX)
Revenue Scale11.8
Surge Capacity95.0
Backlog Health100.0
R&D Innovation66.7
Supply Sovereignty97.0
Defense Revenue$0.9 Billion
Backlog-to-Revenue4.50x Book Ratio
R&D Intensity7.8% of Revenue
Munitions Surge93 / 100 Surge
Flagship Platforms & Munitions
155mm Extended-Range Artillery RoundsShoulder-Fired Anti-Armor (M72 LAW)Insensitive High ExplosivesSpecialty APEX Aircraft Ammunition
Revenue Scale14.8
Surge Capacity93.0
Backlog Health100.0
R&D Innovation65.0
Supply Sovereignty95.0
Defense Revenue$0.4 Billion
Backlog-to-Revenue3.20x Book Ratio
R&D Intensity8.0% of Revenue
Munitions Surge84 / 100 Surge
Flagship Platforms & Munitions
Military Satellite Operations & Ground StationsSICRAL Military Satellite CommunicationsCOSMO-SkyMed Defense Ground SegmentSpace Situational Awareness (SSA) Radar Data
Revenue Scale15.0
Surge Capacity84.0
Backlog Health80.0
R&D Innovation66.8
Supply Sovereignty92.0
Defense Revenue$0.6 Billion
Backlog-to-Revenue4.10x Book Ratio
R&D Intensity8.9% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
Ramjet Artillery PropulsionAMRAAM Rocket MotorsESSM Missile PropulsionHybrid Rocket Engines for Space Defense
Revenue Scale10.3
Surge Capacity92.0
Backlog Health100.0
R&D Innovation74.2
Supply Sovereignty95.0
Defense Revenue$0.9 Billion
Backlog-to-Revenue3.60x Book Ratio
R&D Intensity8.8% of Revenue
Munitions Surge92 / 100 Surge
Flagship Platforms & Munitions
Airborne Multi-Spectral Turrets (MX-15, MX-20)Target Designation Laser PayloadsMaritime Patrol Long-Range CamerasSub-Microradian Active Gimbal Stabilization
Revenue Scale15.7
Surge Capacity92.0
Backlog Health90.0
R&D Innovation73.3
Supply Sovereignty96.0
#138
๐บ๐ธAerojet Rocketdyne
El Segundo, California, USAChoke Point MonopolyUnited Statesโข Founded: 1942 โข Defense Revenue Share: 91.7%
MIB Industrial Index66.3
Defense Revenue$2.2 Billion
Backlog-to-Revenue3.20x Book Ratio
R&D Intensity7.4% of Revenue
Munitions Surge93 / 100 Surge
Flagship Platforms & Munitions
Solid Rocket Motors for MissilesHit-to-Kill Divert & Attitude Control Systems (DACS)Hypersonic ScramjetsLiquid Upper Stage Rocket Engines
Revenue Scale27.3
Surge Capacity93.0
Backlog Health80.0
R&D Innovation61.7
Supply Sovereignty96.0
Defense Revenue$3.6 Billion
Backlog-to-Revenue3.10x Book Ratio
R&D Intensity7.2% of Revenue
Munitions Surge75 / 100 Surge
Flagship Platforms & Munitions
Indigenous Combat AircraftCombat HelicoptersLicensed Fighter AssemblyAvionics Upgrades
Revenue Scale35.8
Surge Capacity75.0
Backlog Health77.5
R&D Innovation60.0
Supply Sovereignty82.0
Defense Revenue$0.4 Billion
Backlog-to-Revenue3.20x Book Ratio
R&D Intensity6.0% of Revenue
Munitions Surge83 / 100 Surge
Flagship Platforms & Munitions
Arctic Naval Patrol Ships (AOPS)Polar Heavy IcebreakersNaval Auxiliary Support VesselsSpecial Mission Hydrographic Ships
Revenue Scale16.5
Surge Capacity83.0
Backlog Health80.0
R&D Innovation58.8
Supply Sovereignty90.0
#141
๐ฌ๐งCobham Aerospace Communications
Wimborne Minster, United KingdomChoke Point MonopolyDual-Use Tech LeaderUnited Kingdomโข Founded: 1934 โข Defense Revenue Share: 67.9%
MIB Industrial Index65.8
Defense Revenue$0.9 Billion
Backlog-to-Revenue2.70x Book Ratio
R&D Intensity7.0% of Revenue
Munitions Surge82 / 100 Surge
Flagship Platforms & Munitions
Tactical Satcom AntennasAirborne Audio Management SystemsAnti-Jam Electronic AntennasRadomes & Composite Enclosures
Revenue Scale21.8
Surge Capacity82.0
Backlog Health67.5
R&D Innovation67.0
Supply Sovereignty91.0
Defense Revenue$2.3 Billion
Backlog-to-Revenue3.60x Book Ratio
R&D Intensity7.5% of Revenue
Munitions Surge84 / 100 Surge
Flagship Platforms & Munitions
Weapon Locating RadarsAirborne AESA Fighter RadarsNaval Electronic Warfare Systems (Shakti)C4ISR Battle Management Systems
Revenue Scale28.0
Surge Capacity84.0
Backlog Health90.0
R&D Innovation62.5
Supply Sovereignty88.0
Defense Revenue$0.6 Billion
Backlog-to-Revenue3.70x Book Ratio
R&D Intensity9.5% of Revenue
Munitions Surge90 / 100 Surge
Flagship Platforms & Munitions
Tank Commander Panoramic Sights (PERI R17)Submarine Non-Penetrating Optronic Masts (OMS)Airborne IRST Targeting SystemsLaser Rangefinders and Designators
Revenue Scale10.7
Surge Capacity90.0
Backlog Health92.5
R&D Innovation79.2
Supply Sovereignty94.0
Defense Revenue$2.8 Billion
Backlog-to-Revenue2.95x Book Ratio
R&D Intensity5.2% of Revenue
Munitions Surge78 / 100 Surge
Flagship Platforms & Munitions
Armored Fighting Vehicles (Terrex / Hunter)Naval Vessels & Endurance LPDsAmmunition & Advanced Infantry WeaponsCybersecurity & Autonomous Systems
Revenue Scale31.3
Surge Capacity78.0
Backlog Health73.8
R&D Innovation43.3
Supply Sovereignty86.0
Defense Revenue$1.2 Billion
Backlog-to-Revenue3.70x Book Ratio
R&D Intensity6.8% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Braunschweig-Class (K130) CorvettesFast Attack Combat CraftNaval Mine Countermeasure VesselsFleet Service & Intelligence Ships
Revenue Scale18.5
Surge Capacity88.0
Backlog Health92.5
R&D Innovation56.7
Supply Sovereignty93.0
#146
๐บ๐ธL3Harris Electro-Optical (Insight)
Londonderry, New Hampshire, USAChoke Point MonopolyUnited Statesโข Founded: 1988 โข Defense Revenue Share: 92.3%
MIB Industrial Index65.2
Defense Revenue$1.2 Billion
Backlog-to-Revenue3.20x Book Ratio
R&D Intensity9.2% of Revenue
Munitions Surge90 / 100 Surge
Flagship Platforms & Munitions
Panoramic Night Vision (GPNVG-18)Binocular Night Vision Devices (BNVD PVS-31A)Weapon-Mounted Aiming Lasers (PEQ-15 / NGAL)Thermal Clip-On Weapon Sights
Revenue Scale18.5
Surge Capacity90.0
Backlog Health80.0
R&D Innovation76.7
Supply Sovereignty96.0
Defense Revenue$0.5 Billion
Backlog-to-Revenue4.80x Book Ratio
R&D Intensity7.2% of Revenue
Munitions Surge94 / 100 Surge
Flagship Platforms & Munitions
Modular Artillery Charges (MTLS)High-Pressure Tank Gun PropellantsCombustible Cartridge CasesRocket Motor Propellant Grains
Revenue Scale9.8
Surge Capacity94.0
Backlog Health100.0
R&D Innovation60.0
Supply Sovereignty96.0
Defense Revenue$1.4 Billion
Backlog-to-Revenue2.30x Book Ratio
R&D Intensity4.1% of Revenue
Munitions Surge77 / 100 Surge
Flagship Platforms & Munitions
Military Utility HelicoptersUnmanned Aerial SystemsCommercial/Military Composite Wing BoxesLicensed Attack Aircraft Assembly
Revenue Scale62.7
Surge Capacity77.0
Backlog Health57.5
R&D Innovation42.2
Supply Sovereignty89.0
Defense Revenue$0.5 Billion
Backlog-to-Revenue4.20x Book Ratio
R&D Intensity7.5% of Revenue
Munitions Surge93 / 100 Surge
Flagship Platforms & Munitions
Man-Portable Air Defense Systems (Piorun)Anti-Tank Guided Missiles (Spike-LR licensed)Small and Medium Caliber NATO MunitionsUnguided Artillery Rocket Ammunition
Revenue Scale8.7
Surge Capacity93.0
Backlog Health100.0
R&D Innovation62.5
Supply Sovereignty91.0
#150
๐บ๐ธSRC, Inc.
North Syracuse, New York, USAChoke Point MonopolyUnited Statesโข Founded: 1957 โข Defense Revenue Share: 90.3%
MIB Industrial Index64.3
Defense Revenue$0.7 Billion
Backlog-to-Revenue2.90x Book Ratio
R&D Intensity12.0% of Revenue
Munitions Surge87 / 100 Surge
Flagship Platforms & Munitions
Counter-Battery Lightweight RadarsCounter-RCIED Electronic Warfare (CREW)Counter-UAS Electronic Warfare (Silent-Crow)Tactical Air Surveillance Radars
Revenue Scale11.8
Surge Capacity87.0
Backlog Health72.5
R&D Innovation100.0
Supply Sovereignty95.0
Defense Revenue$0.4 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity8.5% of Revenue
Munitions Surge91 / 100 Surge
Flagship Platforms & Munitions
Solid Propellant Missile MotorsRamjet Air-Breathing PropulsionInsensitive Munition (IM) Rocket CasingsThrust Vector Control (TVC) Rocket Motors
Revenue Scale8.2
Surge Capacity91.0
Backlog Health95.0
R&D Innovation70.8
Supply Sovereignty94.0
#152
๐ฐ๐ทHanwha Engine
Changwon, South KoreaDual-Use Tech LeaderSouth Koreaโข Founded: 1983 โข Defense Revenue Share: 43.3%
MIB Industrial Index64.1
Defense Revenue$0.7 Billion
Backlog-to-Revenue3.20x Book Ratio
R&D Intensity5.4% of Revenue
Munitions Surge87 / 100 Surge
Flagship Platforms & Munitions
Naval Marine Gas TurbinesDestroyer Propulsion SystemsK9 Howitzer Domestic EnginesHeavy Diesel Combat Powerpacks
Revenue Scale19.2
Surge Capacity87.0
Backlog Health80.0
R&D Innovation51.5
Supply Sovereignty90.0
#153
๐ฐ๐ทSTX Engine
Changwon, South KoreaDual-Use Tech LeaderSouth Koreaโข Founded: 1976 โข Defense Revenue Share: 61.1%
MIB Industrial Index64.0
Defense Revenue$0.6 Billion
Backlog-to-Revenue3.40x Book Ratio
R&D Intensity5.8% of Revenue
Munitions Surge86 / 100 Surge
Flagship Platforms & Munitions
Main Battle Tank Heavy Diesel EnginesNaval Patrol Ship PropulsionTactical Vehicle PowerpacksSubmarine Sonar System Integration
Revenue Scale13.2
Surge Capacity86.0
Backlog Health85.0
R&D Innovation49.5
Supply Sovereignty89.0
Defense Revenue$0.7 Billion
Backlog-to-Revenue4.60x Book Ratio
R&D Intensity6.8% of Revenue
Munitions Surge89 / 100 Surge
Flagship Platforms & Munitions
Main Battle Tank TransmissionsNaval Marine GearboxesHeavy Armored Vehicle PowerpacksHybrid Electric Combat Drive Systems
Revenue Scale12.7
Surge Capacity89.0
Backlog Health100.0
R&D Innovation56.7
Supply Sovereignty94.0
#155
๐บ๐ธFirefly Aerospace
Cedar Park, Texas, USAChoke Point MonopolySpace & Orbital LaunchUnited Statesโข Founded: 2014 โข Defense Revenue Share: 78.6%
MIB Industrial Index63.9
Defense Revenue$0.2 Billion
Backlog-to-Revenue3.10x Book Ratio
R&D Intensity19.5% of Revenue
Munitions Surge91 / 100 Surge
Flagship Platforms & Munitions
Tactically Responsive Space Launch (TacFI)Alpha Orbital Launch VehicleElytra Orbital Transfer VehiclesCarbon-Composite Rocket Stages
Revenue Scale4.7
Surge Capacity91.0
Backlog Health77.5
R&D Innovation100.0
Supply Sovereignty92.0
Defense Revenue$1.2 Billion
Backlog-to-Revenue4.10x Book Ratio
R&D Intensity5.0% of Revenue
Munitions Surge91 / 100 Surge
Flagship Platforms & Munitions
Pinaka Rocket Artillery Munitions155mm Heavy Artillery ShellsAerial High-Explosive BombsSmall & Medium Caliber Cartridges
Revenue Scale18.5
Surge Capacity91.0
Backlog Health100.0
R&D Innovation41.7
Supply Sovereignty90.0
Defense Revenue$0.2 Billion
Backlog-to-Revenue3.20x Book Ratio
R&D Intensity11.5% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Micro-Stabilized UAV Gimbals (STAMP Family)High-Performance Aerostat Surveillance CamerasAutomatic Intruder Detection Panoramic Cameras (SPEED)Counter-UAS Electro-Optical Slew-To-Cue
Revenue Scale4.7
Surge Capacity88.0
Backlog Health80.0
R&D Innovation95.8
Supply Sovereignty93.0
#158
๐ฌ๐งChemring Group
Romsey, Hampshire, United KingdomChoke Point MonopolyUnited Kingdomโข Founded: 1905 โข Defense Revenue Share: 91.2%
MIB Industrial Index62.7
Defense Revenue$0.6 Billion
Backlog-to-Revenue3.80x Book Ratio
R&D Intensity6.8% of Revenue
Munitions Surge90 / 100 Surge
Flagship Platforms & Munitions
Infrared Countermeasure FlaresNaval Radar DecoysExplosive Demolition & EOD DevicesEnergetic Cartridges for Fighter Ejection
Revenue Scale11.3
Surge Capacity90.0
Backlog Health95.0
R&D Innovation56.7
Supply Sovereignty93.0
Defense Revenue$0.3 Billion
Backlog-to-Revenue3.00x Book Ratio
R&D Intensity7.5% of Revenue
Munitions Surge83 / 100 Surge
Flagship Platforms & Munitions
Cruise Missile Liquid EnginesStrategic Rocket Thrust ChambersElectro-Formed Rocket NozzlesPrecision Aerospace Alloys
Revenue Scale9.2
Surge Capacity83.0
Backlog Health75.0
R&D Innovation62.5
Supply Sovereignty86.0
#160
๐ฌ๐งUltra Electronics
London, United KingdomChoke Point MonopolyUnited Kingdomโข Founded: 1920 โข Defense Revenue Share: 88%
MIB Industrial Index62.5
Defense Revenue$1.1 Billion
Backlog-to-Revenue3.10x Book Ratio
R&D Intensity8.5% of Revenue
Munitions Surge87 / 100 Surge
Flagship Platforms & Munitions
Anti-Submarine SonobuoysNaval Torpedo DefenseAirborne Acoustic ProcessingSubmarine Degaussing Systems
Revenue Scale17.4
Surge Capacity87.0
Backlog Health77.5
R&D Innovation70.8
Supply Sovereignty94.0
#161
๐บ๐ธSkyWater Technology
Bloomington, Minnesota, USAChoke Point MonopolySemiconductor FoundryUnited Statesโข Founded: 2017 โข Defense Revenue Share: 64.3%
MIB Industrial Index62.1
Defense Revenue$0.2 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity14.0% of Revenue
Munitions Surge89 / 100 Surge
Flagship Platforms & Munitions
DMEA-Accredited Pure-Play 100% US FoundryRadiation-Hardened 90nm/130nm Silicon ProcessCarbon Nanotube (CNT) 3D MicroelectronicsSuperconducting Cryogenic Compute Silicon
Revenue Scale3.9
Surge Capacity89.0
Backlog Health70.0
R&D Innovation100.0
Supply Sovereignty97.0
#162
๐บ๐ธCAES Cobham Advanced Electronic Solutions
Arlington, Virginia, USAChoke Point MonopolyUnited Statesโข Founded: 1934 โข Defense Revenue Share: 92.6%
MIB Industrial Index61.6
Defense Revenue$0.9 Billion
Backlog-to-Revenue3.00x Book Ratio
R&D Intensity8.8% of Revenue
Munitions Surge87 / 100 Surge
Flagship Platforms & Munitions
Radiation-Hardened MicroelectronicsMillimeter-Wave Missile SeekersAESA Antenna Front-End ModulesDirect RF Conversion Microchips
Revenue Scale14.8
Surge Capacity87.0
Backlog Health75.0
R&D Innovation73.3
Supply Sovereignty94.0
Defense Revenue$0.9 Billion
Backlog-to-Revenue3.60x Book Ratio
R&D Intensity6.4% of Revenue
Munitions Surge82 / 100 Surge
Flagship Platforms & Munitions
Protected Wheeled Armored VehiclesRemote Mortar TurretsFighter Maintenance & Lifecycle ServicesBattlefield Sensor C2
Revenue Scale15.7
Surge Capacity82.0
Backlog Health90.0
R&D Innovation53.3
Supply Sovereignty88.0
#164
๐บ๐ธRocket Lab
Long Beach, California, USASpace & Orbital LaunchUnited Statesโข Founded: 2006 โข Defense Revenue Share: 73.7%
MIB Industrial Index60.7
Defense Revenue$0.3 Billion
Backlog-to-Revenue2.60x Book Ratio
R&D Intensity22.0% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Dedicated Tactical Small-Sat Launch (Electron)HASTE Hypersonic Suborbital TestbedPioneer Satellite Buses
Revenue Scale5.8
Surge Capacity88.0
Backlog Health65.0
R&D Innovation100.0
Supply Sovereignty90.0
#165
๐บ๐ธMercury Systems
Andover, Massachusetts, USAChoke Point MonopolyUnited Statesโข Founded: 1981 โข Defense Revenue Share: 94.4%
MIB Industrial Index60.6
Defense Revenue$0.8 Billion
Backlog-to-Revenue2.40x Book Ratio
R&D Intensity11.2% of Revenue
Munitions Surge84 / 100 Surge
Flagship Platforms & Munitions
Secure Sensor ProcessingRF & Microwave Digital TransceiversRugged Multi-Chip Silicon PackagingAESA Radar Pre-Processing
Revenue Scale14.4
Surge Capacity84.0
Backlog Health60.0
R&D Innovation93.3
Supply Sovereignty93.0
#166
๐บ๐ธElta North America
Annapolis Junction, Maryland, USAChoke Point MonopolyUnited Statesโข Founded: 2011 โข Defense Revenue Share: 92.1%
MIB Industrial Index59.4
Defense Revenue$0.3 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity10.0% of Revenue
Munitions Surge86 / 100 Surge
Flagship Platforms & Munitions
Counter-UAS Mobile Air Defense IntegrationTactical Expeditionary RadarsBorder Security Radar SolutionsUS DoD Radar Customization
Revenue Scale7.0
Surge Capacity86.0
Backlog Health70.0
R&D Innovation83.3
Supply Sovereignty93.0
Defense Revenue$0.5 Billion
Backlog-to-Revenue4.80x Book Ratio
R&D Intensity5.2% of Revenue
Munitions Surge85 / 100 Surge
Flagship Platforms & Munitions
Project 17A Stealth FrigatesKamorta-Class ASW CorvettesAnti-Submarine Warfare Shallow Water CraftSurvey Vessels (Large)
Revenue Scale9.2
Surge Capacity85.0
Backlog Health100.0
R&D Innovation43.3
Supply Sovereignty89.0
#168
๐จ๐ฟPBS Aerospace
Velkรก Bรญteลก, Czech RepublicChoke Point MonopolyCzech Republicโข Founded: 1970 โข Defense Revenue Share: 62.9%
MIB Industrial Index59.4
Defense Revenue$0.2 Billion
Backlog-to-Revenue2.90x Book Ratio
R&D Intensity10.2% of Revenue
Munitions Surge88 / 100 Surge
Flagship Platforms & Munitions
Micro-Turbojet Engines for DronesLoitering Munition PropulsionAerial Target Jet EnginesHelicopter Auxiliary Power Units
Revenue Scale4.7
Surge Capacity88.0
Backlog Health72.5
R&D Innovation85.0
Supply Sovereignty87.0
Defense Revenue$0.3 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity5.4% of Revenue
Munitions Surge82 / 100 Surge
Flagship Platforms & Munitions
Offshore Patrol Vessels (OPV 80)Naval Interceptor BoatsSpecial Forces Boarding CraftNaval Hydrographic Research Vessels
Revenue Scale8.8
Surge Capacity82.0
Backlog Health70.0
R&D Innovation51.2
Supply Sovereignty89.0
Defense Revenue$0.7 Billion
Backlog-to-Revenue3.40x Book Ratio
R&D Intensity6.2% of Revenue
Munitions Surge89 / 100 Surge
Flagship Platforms & Munitions
Wheeled Self-Propelled Howitzers (Nora B-52)155mm & 122mm Artillery AmmunitionMultiple Rocket Launcher Systems (Tamnava)Armored Combat Vehicles (Lazar 3, Milos)
Revenue Scale11.8
Surge Capacity89.0
Backlog Health85.0
R&D Innovation51.7
Supply Sovereignty86.0
Defense Revenue$0.5 Billion
Backlog-to-Revenue3.10x Book Ratio
R&D Intensity7.8% of Revenue
Munitions Surge86 / 100 Surge
Flagship Platforms & Munitions
Microturbo Small TurbojetsAnti-Ship Missile TurbojetsMilitary Aircraft Auxiliary Power UnitsTarget Drone Turbojets
Revenue Scale8.7
Surge Capacity86.0
Backlog Health77.5
R&D Innovation65.0
Supply Sovereignty92.0
#172
๐ฌ๐งBlighter Surveillance Systems
Great Chesterford, United KingdomChoke Point MonopolyUnited Kingdomโข Founded: 2003 โข Defense Revenue Share: 77.8%
MIB Industrial Index56.9
Defense Revenue$0.1 Billion
Backlog-to-Revenue2.40x Book Ratio
R&D Intensity14.0% of Revenue
Munitions Surge82 / 100 Surge
Flagship Platforms & Munitions
E-Scan Ground Surveillance RadarsCounter-UAS Detection ArraysBorder Security Fixed RadarsFMCW Low-Probability-Of-Intercept Radars
Revenue Scale1.6
Surge Capacity82.0
Backlog Health60.0
R&D Innovation100.0
Supply Sovereignty89.0
#173
๐บ๐ธTelephonics Corporation
Farmingdale, New York, USAChoke Point MonopolyUnited Statesโข Founded: 1933 โข Defense Revenue Share: 90.5%
MIB Industrial Index55.6
Defense Revenue$0.4 Billion
Backlog-to-Revenue2.80x Book Ratio
R&D Intensity7.5% of Revenue
Munitions Surge83 / 100 Surge
Flagship Platforms & Munitions
Maritime Surveillance RadarsIdentification Friend or Foe (IFF)Wireless Tactical IntercomsBorder Ground Surveillance Radars
Revenue Scale7.6
Surge Capacity83.0
Backlog Health70.0
R&D Innovation62.5
Supply Sovereignty92.0
#174
๐ฟ๐ฆDenel Dynamics
Centurion, South AfricaSouth Africaโข Founded: 1992 โข Defense Revenue Share: 88.9%
MIB Industrial Index54.8
Defense Revenue$0.3 Billion
Backlog-to-Revenue2.90x Book Ratio
R&D Intensity8.5% of Revenue
Munitions Surge78 / 100 Surge
Flagship Platforms & Munitions
Vertical Launch Surface-to-Air Missiles (Umkhonto)Agile Infrared Air-to-Air Missiles (A-Darter)Long-Range Anti-Armor Missiles (Mokopa)Precision Guided Glide Bombs (Al-Tariq)
Revenue Scale6.5
Surge Capacity78.0
Backlog Health72.5
R&D Innovation70.8
Supply Sovereignty82.0