The rankings place TAI and Baykar among industry giants like Boeing and Airbus, who led the list with $77.8 billion and $70.8 billion in revenue, respectively.
The list’s leaders—primarily based in the US and Europe—highlight the dominance of American and European companies in the aerospace sector, particularly those focused on civilian and defence technologies.
This year, prominent players such as RTX, Lockheed Martin, and Northrop Grumman have also reinforced the significant role of the US defence industry globally.
However, the appearance of companies like Baykar and TAI signals a shift, with non-Western companies climbing the ranks in what has traditionally been a Western-dominated field.
