Boeing and Lockheed Martin's Aerospace/Defense Divisions Listed Among Top 10 American Companies

    April 15, 2013
    Top 10 Companies Nationwide Named; Aerospace/Defense Firms Make the List

    Source Manufacturing Digital

    10. Pfizer Inc: Pharmaceutical - US$67.42 billion (approx revenue)

    The American multinational is the world's largest pharmaceutical company by revenue. Developing and manufacturing medicines and vaccines to treat a variety of conditions such as inflammation, cholesterol, neuropathic pain and metabolic diseases; Pfizer's future pipeline includes a number promising products with the potential to treat diseases such as Alzheimer's and cancer.

    9. Caterpillar Inc: Machinery - US$65.87 billion

    Often referred to as simply CAT, the instantly recognisable yellow colour scheme means it doesn't take long to spot one of the company's tractors, excavators, trucks, loaders or forklifts. Since 1925 the company has steadily diversified its product, services and technologies to encompass construction and agricultural machinery, power systems, engines and financial products.

    8. Lockheed Martin: Aerospace/Defence - US$46.49 billion

    One of the world's largest defence contractors, the global interests of the American company include aerospace, defence, security and advanced technology. Lockheed Martin has been the recipient of the Collier Trophy, recognition for the greatest achievement in aeronautics or astronautics in America, a total of six times, more than any other; and has been nominated again this year.

    7. The Boeing Company: Aerospace/Defence - US$81.7 billion

    Awarded the Collier Trophy one less time than Lockheed Martin, Boeing is the largest global aircraft manufacturer and the second largest aerospace and defence contractor. With separate divisions covering commercial airplanes, defence, space & security, engineering, technology and financial services, Boeing will be hoping for clearer skies ahead after its recent battery woes.

    6. BASF SE: Chemical - US$95.61 billion

    The largest chemical company in the world, BASF employs over 100,000 people across almost 400 production sites in Europe, Asia, Australia, the Americas and Africa. Though coming under some criticism in the past for its environmental impact, the German company has made steady reductions in its waste emissions over the past several years.

    5. Hewlett-Packard: Consumer Electronics - US$126.36 billion

    Founded in a one-car garage in 1939, HP has grown to become the world's leading PC manufacturers, specialising in developing and manufacturing computing, data storage and networking hardware, as well as designing software and delivering affiliated services.

    4. General Motors: Automotive - US$150.28 billion

    The American automotive stalwart, as intertwined with Detroit as the city is to it, manufacture cars and trucks in almost 40 countries through brands including Buick, Cadillac Chevrolet, GMC and Vauxhall. The first contemporary company to release an all-electric automobile back in 1990, GM's current hybrid vehicle, the Chevrolet Volt, has won numerous international Green Car awards.

    3. Apple Inc: Consumer Electronics - US$156.51 billion

    Though its reputation took a knock over the labour practices of some of its suppliers, Apple's legions of fans, both new and old didn't seem to be deterred. The company is consistently regarded as one of the world's most powerful brands, and is second only to Samsung as the world's largest information technology company.

    2. Samsung Group: Consumer Electronics - US$220.1 billion

    Samsung has diversified hugely since being founded during the 1930s, now encompassing construction, electronics, life insurance, medical equipment, shipbuilding, textiles and more. A powerful influence on South Korea's economic development, Samsung played an important role in the country's rapid development and prosperity in the latter half of the 20th century.

    1. Toyota Motor Corporation: Automotive - US$240.15 billion

    A pioneer of continuous improvement strategies such as lean manufacturing and just-in-time production, Toyota has long been recognised as an industry leader in manufacturing and production with an operation which spans the globe. Last summer the company reported its 200 millionth vehicle had rolled off the assembly line and has been an example to others in the field of environmentally friendly vehicle technologies.

    One of the largest conglomerates in the world, Toyota's reach goes far beyond automobiles, with the Japanese company heavily involved in aerospace, agricultural biotechnology, higher education, philanthropy and robotics.

    Innovation is crucial to Toyota's vision for the future, with the company aiming to continually reinvent itself and stay ahead in an increasingly more competitive market. The same is true for investing in the future of mobility, as it looks to develop new forms of transportation and pursue new ways to connect technology with people.

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