Who Generates More Revenue? Lockheed Martin Corporation or HEICO Corporation

A Decade of Revenue Growth: Lockheed Martin vs. HEICO

In the competitive landscape of aerospace and defense, revenue generation is a key indicator of success. Over the past decade, Lockheed Martin Corporation has consistently outpaced HEICO Corporation in revenue generation. From 2014 to 2024, Lockheed Martin's revenue surged by approximately 56%, reaching a staggering $71 billion in 2024. In contrast, HEICO's revenue grew by an impressive 240%, yet it remains a fraction of Lockheed Martin's, at nearly $3.9 billion in 2024.

Lockheed Martin's dominance is evident, with its revenue consistently being over ten times that of HEICO's. However, HEICO's rapid growth trajectory highlights its potential in the industry. This data underscores the dynamic nature of the aerospace sector, where both giants and emerging players are carving out their niches. As we look to the future, the question remains: Can HEICO continue its rapid ascent, or will Lockheed Martin maintain its lead?