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Hoover's Directories > Industry Overviews > Aerospace Products & Parts Manufacturing

Aerospace Products & Parts Manufacturing

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Industry Description

The US aerospace products and parts manufacturing industry includes about 1,300 companies with combined annual revenue of about $180 billion. Major companies include Boeing, Northrop Grumman, Lockheed Martin, Raytheon, and General Dynamics. The US industry is highly concentrated: the 20 largest companies account for about 90 percent of industry revenue. Many companies work primarily as subcontractors to the five largest manufacturers.

SIC: 3721, 3724, 3728, 3761, 3764, 3769
NAICS: 336411, 336412, 336413, 336414, 336415, 336419
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Top 5 Companies

CompanySalesLocation
The Boeing Company68,735.00MChicago, IL
European Aeronautic Defence and Space Company EADS N.V.60,630.55MLeiden, The Netherlands
United Technologies Corporation58,190.00MHartford, CT
Lockheed Martin Corporation46,499.00MBethesda, MD
Airbus S.A.S.39,166.29MBlagnac, France
Bullet - Yellow Arrow Box There are 10,685 companies in this industry. To view all of them, register now.

Industry Indicator

US corporate profits, which affects airline traffic and demand for new commercial aircraft, rose 7.9 percent in the third quarter of 2011 compared to the same period in 2010.
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Quarterly Industry Update

Aerospace Industry Warns Against Defense Cuts - Efforts to reduce the US federal deficit are expected to include major defense spending cuts that threaten the aerospace industry. With negotiations in Washington ongoing,...
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