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#8Largest Defence Co · 2026

Boeing Defense, Space & Security

In transition rather than decline — F-15EX and rotorcraft anchor a USD 27B portfolio.

Defence Revenue
$27B
HQ
USA
Founded
2002
Employees
~38,000
Listing
NYSE: BA (parent)

Overview

Boeing Defense, Space & Security is the smallest of the US top five in defence revenue terms and the most operationally challenged. Long-running fixed-price contract problems on KC-46, T-7, and several other programmes have produced a difficult few years. But the order book is enormous, the F-15EX line is now running at scale, and the rotorcraft and missile businesses are healthy. Boeing's defence arm is in transition rather than decline.

Recent Strategic Moves

F-15EX deliveries to USAF and export customers ramping. AH-64E Apache exports continuing strongly. T-7A Red Hawk programme overcoming early development pain.

Flagship Products & Programmes

F-15EX Eagle IIF/A-18 Super HornetAH-64 ApacheCH-47 ChinookKC-46 PegasusT-7A Red Hawk

Business Categories

Combat AircraftHelicoptersMissilesSpace