FLIGHT INTERNATIONAL TOP 100 AEROSPACE COMPANIES

No

Company

Division

Aerospace

Sales ($m)

Sales

Op. Result

1998 ($m)

Change

1998 ($m)

Change

1

Boeing

55,424

56,154

23%

1,720

65%

Commercial Aircraft

Mililtary Aircraft and Missiles

Space and Communications

35,545

32%

63

12,990

-28%

1,283

-3%

6,889

248

2

Lockheed Martin

26,011

26,266

-6%

2,522

-9%

Space & Strategic Missiles

Electronics

Aeronautics

Information & Services

7,461

-10%

976

-11%

7,342

4%

733

27%

5,996

-1%

654

7%

5,212

-19%

-25

-123%

3

Raytheon

17,465

19,530

43%

2,288

45%

Electronics

Aircraft

14,822

81%

2,032

75%

2,643

8%

257

8%

4

British Aerospace (excl. MES)

14,709

14,270

1%

1,084

18%

Defence

Commercial Aerospace (Airbus, Avro, Jetstream)

10,528

0%

1,036

5%

4,181

2%

88

5

United Technologies (incl. Sundstrand)

11,996

27,720

14%

2,559

33%

Engines (Pratt & Whitney)

Flight Systems (Sikorsky, Hamilton Standard)

Sundstrand Aerospace

7,876

6%

1,024

26%

2,891

3%

287

-5%

1,229

n/a

6

General Electric

10,294

100,649

11%

23,230

19%

Aircraft Engines

10,294

32%

1,769

30%

7

Daimler-Benz Aerospace (DASA)

9,837

9,719

12%

648

414%

Civil Aircraft and Helicopters

Aeroengines

Defense and Civil Systems

Military Aircraft

Satellites

Space Systems Infrastructure

4,036

19%

1,679

0%

1,610

0%

1,061

13%

826

0%

626

0%

8

Aerospatiale

9,302

9,302

-3%

69

-62%

Aircraft

Helicopters

Space

Missiles

Other

5,806

0%

-14

-107%

1,888

9%

84

1,011

-31%

57

75%

583

7%

-58

74%

13

33%

0

9

Northrop Grumman

9,104

8,902

-3%

756

-14%

Integrated Systems and Aerostructures

Electronic Sensors and Systems

Logicon Inc.

5,098

-3%

280

-43%

2,899

-5%

218

-12%

1,107

8%

60

-10%

10

AlliedSignal

7,490

15,128

5%

1,962

5%

Aerospace

Turbine technologies (aerospace component)

4,871

18%

920

51%

2,619

17%

495

11

TRW (incl. Lucas Varity)

5,868

18,944

75%

1,488

71%

Space, Defense and Information Systems

Lucas Varity aerospace

4,685

23%

458

32%

1,183

157

12

GEC

5,846

12,610

6%

949

10%

Marconi Electronic Systems

5,846

18%

13

Rolls-Royce

5,760

7,451

3%

567

18%

Aerospace

5,760

13%

613

46%

14

Thomson-CSF

4,900

6,866

5%

394

7%

Airborne Systems

Communication Systems

Air Security and Missiles Systems

Avionics

Tubes and Components and "Other"

1,533

23%

1,019

17%

947

-8%

906

7%

496

-30%

15

SNECMA

4,826

4,826

24%

347

78%

Propulsion

Mechanical Equipment

Services

3,185

31%

1,086

21%

555

-5%

16

Bombardier

4,288

7,653

35%

579

19%

Aerospace (Canadair, Learjet, Shorts, de Havilland)

4,288

39%

526

30%

17

Finmeccanica

3,855

6,542

-26%

174

Aerospace

Defense Systems

2,515

8%

293

1,340

-7%

60

18

Dassault Aviation

3,827

3,827

7%

650

18%

Military Aviation

Civil Aviation

Other

1,871

1%

1,483

7%

473

44%

19

BF Goodrich (incl. Coltec)

3,480

5,455

62%

665

166%

Aerospace

Coltec Aerospace

2,755

12%

386

48%

725

117

20

Textron

3,189

9,316

12%

810

21%

Aircraft (Cessna, Bell)

3,189

5%

338

8%

21

Mitsubishi Heavy Industries

3,163

22,727

-6%

510

-55%

Aerospace Systems

3,163

9%

294

68%

22

Lagardere

2,880

11,890

6%

716

6%

Defense

Space

1,469

13%

325

12%

1,411

-2%

79

10%

23

Hughes Electronics

2,831

5,964

16%

270

-12%

Satellite systems

2,831

14%

246

9%

24

Litton Industries

2,827

4,400

5%

354

13%

Advanced Electronics

2,827

8%

181

6%

25

Gulfstream (General Dynamics)

2,428

2,428

28%

380

65%

26

Honeywell

2,339

8,427

5%

1,028

16%

Space & Aviation Control

2,339

20%

334

31%

27

Rockwell International

2,206

6,840

-12%

83

-91%

Avionics & Communications

2,206

31%

285

13%

28

Kawasaki Heavy Ind.

2,080

10,568

6%

416

-18%

Aerospace

2,080

31%

167

32%

29

ITT Industries

1,821

4,493

7%

325

16%

Defense products and services

Connectors and switches

1,293

18%

98

528

-2%

53

-59%

30

Israel Aircraft Industries (IAI)

1,800

1,800

6%

52

73%

31

Loral Space & Communications Ltd.

1,644

1,644

10%

-34

-349%

Satellite manufacturing and technology

Fixed satellite services

1,390

-4%

254

206%

32

Cordant

1,635

2,427

21%

309

198%

Howmet Corporation

Aerospace

Thiokol

Propulsion Systems

Huck

Aerospace

1,351

7%

186

20%

797

-8%

643

0%

82

28%

643

0%

433

36%

65

61%

195

36%

33

Celsius

1,554

1,800

23%

73

134%

Defence

Commercial Aviation

1,198

17%

356

55%

34

FiatAvio

1,517

1,517

8%

66

6%

35

Samsung Electronics

1,493

16,640

9%

2,568

9%

Samsung Aerospace

1

14%

36

GKN

1,430

6,141

10%

1,173

77%

Aerospace and Special Vehicles

1,430

-5%

149

-13%

37

Ishikawajima-Harima

1,317

8,874

2%

315

-14%

Aero-Engines & Space Operations

1,317

27%

67

-21%

38

Embraer

1,300

1,300

70%

39

Arianespace

1,208

1,208

9%

27

-33%

40

Saab Group

1,184

1,038

-5%

110

733%

Military Aerospace

Regional aircraft

Commercial aircraft

Training Systems

Space

Collaborative Programs

576

2%

66

-10%

340

7%

0

114

-2

78

-7%

21

7%

76

2%

7

26%

41

CASA

1,123

1,123

36%

113

42

Volvo

1,081

19,649

-15%

841

-21%

Aero

1,081

15%

66

12%

43

L3 Communications

1,037

1,037

47%

100

54%

Specialized Communication Products

Secure Communication Systems

553

77%

62

484

23%

39

44

Allegheny Teledyne

1,007

3,923

5%

470

9%

Aerospace & Electronics

1,007

9%

111

23%

45

Labinal

995

2,606

20%

228

32%

Engines (Turbomeca, Microturbo)

Aeronautic systems

Fasteners

557

24%

295

35%

143

-10%

46

Parker-Hannifin

993

4,633

0%

550

0%

Aerospace

993

0%

159

0%

47

Harris

953

3,890

2%

403

8%

Electronic Systems

953

-5%

71

-16%

48

TI Group

895

3,593

16%

439

12%

Dowty Aerospace

Messier-Dowty/R&O

747

64%

98

41%

147

-56%

15

-53%

49

Hunting

854

1,627

-25%

85

-3%

Defence

Aviation

811

11%

43

7%

43

-88%

3

50

Hexcel

849

1,089

16%

130

28%

Commercial Aerospace

Space and Defense

719

20%

131

48%

51

Sequa

782

1,802

13%

106

25%

Aerospace

782

8%

65

6%

52

AAR

782

782

33%

65

51%

Aircraft and Engines

Airframe and Accessories

Manufacturing

339

29%

333

51%

110

5%

53

Smiths Industries

765

1,981

11%

370

15%

Aerospace

765

12%

127

30%

54

Precision Castparts Corp.

751

1,472

12%

192

16%

Aerospace

751

8%

55

BE Aerospace

701

701

44%

16

-75%

Seating

Interior Systems

In-flight entertainment

General Aviation and VIP Products

Services

296

18%

224

78%

79

-3%

65

37

28%

56

Oerlikon Buhrle

680

2,505

-3%

92

-42%

Oerliken Contraves

Pilatus

415

-14%

-47

-226%

265

15%

8

-15%

57

Gencorp

673

1,737

11%

160

19%

Aerospace & Defense (Aerojet,etc)

673

15%

68

24%

58

MAN

643

13,819

16%

424

78%

MAN Technologie

643

150%

44

245%

59

Cobham

637

637

19%

113

22%

Manufacturing (Flight Refuelling)

Avionics (Chelton)

Flight Operations & Services (FR Aviation)

392

24%

64

29%

148

26%

32

15%

96

-4%

16

16%

60

Stork

631

2,502

-10%

121

8%

Aerospace

Aerospace support

404

-13%

32

-6%

227

0%

61

Alliant Techsystems

619

1,090

1%

103

12%

Aerospace

Defense Systems

395

7%

224

-2%

62

Racal Electronics

616

1,733

-8%

162

73%

Defence Electronics

Radio Communications

616

3%

38

-2%

63

Wyman Gordon

610

753

24%

69

127%

Aerospace Structural Products

Aerospace Turbine Products

64

Fuji Heavy Industries

600

10,623

7%

655

40%

Aerospace

600

16%

58

244%

65

SAGEM

571

3,183

12%

203

60%

Defense/Optronics/Navigation

571

-8%

66

Aeroquip-Vickers (formerly Trinova)

548

2,150

2%

186

-16%

Aerospace & Defense (Aeroquip)

548

12%

99

8%

67

Zodiac

535

801

24%

81

15%

Airline Equipment

Aeronautical Equipment

312

38%

223

13%

68

Singapore Technologies Aerospace

497

497

23%

92

18%

69

Orbital Sciences Corp (OSC)

495

495

21%

17

3%

Space & Ground Infrastructure Systems

Satellite Access Products

Satellite Services

416

15%

79

63%

1

341%

70

Primex

495

495

1%

0

5%

Ordnance

Aerospace

361

1%

135

2%

71

Canadian Aerospace Electronics (CAE)

490

712

16%

55

11%

Aerospace & Electronics

490

3%

72

Hindustan Aeronautics

479

479

-3%

73

Teleflex

450

1,438

25%

55

12%

Aerospace

450

38%

74

Elbit Systems

415

415

11%

38

9%

75

BMW-Rolls Royce Aero Engines

411

411

38%

-260

-63%

76

Aviall

400

400

4%

32

8%

Commercial Engines

77

The Aerostructures Corporation

400

400

-5%

78

Fairchild Corporation

387

741

9%

33

8%

Aerospace Fasteners

387

44%

79

Kaman

383

1,006

-4%

43

11%

Aerospace

383

33%

80

Liebherr

370

3,450

9%

6%

Aircraft Equipment

370

9%

83

MOOG

365

537

18%

0

11%

Military Aircraft: Flight & Engine Controls

Commercial Aircraft

Space and Missiles

134

9%

81

Ball

363

2,896

21%

30

8%

Aerospace & Technologies

363

-9%

82

Nissan

359

53,480

-1%

1%

Aerospace Equipment

359

0%

84

Denel

337

674

5%

0

-8%

Systems (Kentron)

Aviation

172

5%

165

5%

85

Motorola

307

29,398

-1%

-544

-177%

Other (incl. Government & Space Technology)

4,385

1%

86

Hurel-Dubois

305

305

34%

19

6%

87

Intertechnique

302

371

15%

11%

Aerospace

302

20%

88

ELOP

300

300

3%

89

Ericsson

290

23,222

10%

0

10%

Defence Systems

Mobile Phones and Telecoms (incl. Defense Electronics)

290

90

Magellan Aerospace

288

288

67%

36

13%

91

Japan Aircraft Manufacturing

271

271

8%

23

8%

92

Amphenol

230

919

4%

16%

Aerospace

230

4%

93

SABCA

217

217

10%

8

4%

94

INDRA

213

213

42%

95

Meggitt

210

487

11%

34

16%

Aerospace

210

9%

96

Doncasters

196

489

122%

Aerospace

196

62%

97

Ultra Electronics

183

263

11%

24

13%

Air Systems

183

17%

98

Latecoere

181

181

14%

20

11%

99

Kellstrom

180

180

127%

100

Scott Technologies

177

177

-29%

28

16%

Breathing and Oxygen Equipment (Scott Aviation)

177

12%

Source: Flight International