8 Biggest Companies Headquartered in Virginia [by 2022 Revenue]


These are the 8 largest companies headquartered in Virginia, as ranked by total revenue over the 4 quarters ended September 30, 2022.

1. Raytheon Technologies ($66.03 Billion)

Raytheon Technologies (NYSE: RTX) moved its headquarters from Massachusetts to Arlington in 2022. The company is an aerospace and defense contractor that generated $66 billion in revenue over the last 4 quarters.

Official Company NameRAYTHEON TECHNOLOGIES CORPORATION
State of IncorporationDelaware
Headquarters Address1000 Wilson Blvd
Arlington, VA 22209
Corporate Phone Number781-522-3000
Last Annual Report10-K
Last Quarterly Report10-Q
Investor Relations WebsiteInvestor Relations

2. Boeing ($61.42 Billion)

Boeing (NYSE: BA) is an airplane designer & manufacturer which moved its headquarters from Chicago, Illinois to Arlington, Virginia in 2022. The company operates in four reportable business segments:

  • Commercial Airplanes (BCA) — Develops, produces, and markets commercial jet aircraft and provides fleet support services.
  • Defense, Space & Security (BDS) — Researches, develops, produces, and modifies manned and unmanned military aircraft and weapons systems.
  • Global Services (BGS) — Provides services to commercial and defense customers. Services include logistics management, engineering, maintenance and modifications, upgrades and conversions, spare parts, pilot and maintenance training systems and services, technical and maintenance documents, and data analytics and digital services.
  • Boeing Capital (BCC) — Provides financing to Boeing customers to purchase Boeing products.

Total revenue over the last 4 quarters was $61 billion.

Official Company NameTHE BOEING COMPANY
State of IncorporationDelaware
Headquarters Address929 Long Bridge Drive
Arlington, VA 22202
Corporate Phone Number703-414-6338
Last Annual Report10-K
Last Quarterly Report10-Q
Investor Relations WebsiteInvestor Relations

3. Performance Food Group ($55.23 Billion)

Performance Food Group (NYSE: PFGC) is a wholesale food distributor with 142 distribution centers that serve over 300,000 customers across the U.S. Customers include independent and chain restaurants, schools, businesses, hospitals, vending distributors, office coffee service distributors, retailers, convenience stores, and theaters. Also, in addition to food products, the company offers knowledge services to its customers to assist with product selection and procurement, menu development, and operational strategy. Total revenue was $55 billion.

Official Company NamePerformance Food Group Company
State of IncorporationDelaware
Headquarters Address12500 West Creek Parkway
Richmond, VA 23238
Corporate Phone Number804-484-7700
Last Annual Report10-K
Last Quarterly Report10-Q
Investor Relations WebsiteInvestor Relations

4. Mars ($45 Billion)

Mars is a candy and pet food company and is the fourth largest privately owned company in the U.S. by revenue, generating $45 billion in annual sales. The company owns M&M’s, Life Savers, Twix, Snickers, Milky Way, 3 Musketeers, Pedigree, Iams, Greenies, Whiskas, and many other brands. The company has also been buying a ton of pet hospitals.

Headquarters Address6885 Elm St
McLean, VA 22101
Corporate Media Phone NumbersMars Directory
Latest Financial News ReleaseCompany News Article
WebsiteCompany Website

5. General Dynamics ($38.85 Billion)

General Dynamics (NYSE: GD) an aerospace, marine, and defense company that generated $39 billion in revenue over the last 4 quarters. The company is organized into four operating segments:

  • Aerospace — Producing Gulfstream business jets, operating a global FBO network, and offering aircraft management and support services for individuals and corporations.
  • Marine Systems — Designing and building nuclear-powered submarines, surface combat ships, and auxiliary ships for the U.S. Navy. Additionally, the segment includes ongoing services related to the maintenance and modernization of these ships.
  • Combat Systems — Manufacturing wheeled and tracked land combat vehicles, weapon systems, and munitions.
  • Technologies — Serving military and civilian customers with solutions that combine hardware and specialized software.

The latter three are considered the “defense segments” of the company.

Official Company NameGENERAL DYNAMICS CORPORATION
State of IncorporationDelaware
Headquarters Address11011 Sunset Hills Road
Reston, VA 20190
Corporate Phone Number703-876-3000
Last Annual Report10-K
Last Quarterly Report10-Q
Investor Relations WebsiteInvestor Relations

6. Capital One Financial ($35.87 Billion)

Capital One is a diversified financial services holding company with banking and non-banking subsidiaries. The company uses three reporting segments:

  • Credit Card
  • Consumer Banking
  • Commercial Banking

Total revenue was $36 billion.

Official Company NameCAPITAL ONE FINANCIAL CORPORATION
State of IncorporationDelaware
Headquarters Address1680 Capital One Drive
McLean, VA 22102
Corporate Phone Number703-720-1000
Last Annual Report10-K
Last Quarterly Report10-Q
Investor Relations WebsiteInvestor Relations

7. Northrop Grumman ($35.21 Billion)

Northrop Grumman (NYSE: NOC) is an aerospace and defense company whose principal customers are the U.S. Department of Defense and intelligence community. Total revenue was $35 billion.

Official Company NameNORTHROP GRUMMAN CORPORATION
State of IncorporationDelaware
Headquarters Address2980 Fairview Park Drive
Falls Church, VA 22042
Corporate Phone Number703-280-2900
Last Annual Report10-K
Last Quarterly Report10-Q
Investor Relations WebsiteInvestor Relations

8. CarMax ($33.67 Billion)

CarMax (NYSE: KMX) is the largest U.S. retailer of used cars. Total revenue was $34 billion.

Official Company NameCARMAX, INC.
State of IncorporationVirginia
Headquarters Address12800 Tuckahoe Creek Parkway
Richmond, VA 23238
Corporate Phone Number804-747-0422
Last Annual Report10-K
Last Quarterly Report10-Q
Investor Relations WebsiteInvestor Relations

Ricky Nave

In college, Ricky studied physics & math, won a prestigious research competition hosted by Oak Ridge National Laboratory, started several small businesses including an energy chewing gum business and a computer repair business, and graduated with a thesis in algebraic topology. After graduating, Ricky attended grad school at Duke University in the mathematics PhD program where he worked on quantum algorithms & non-Euclidean geometry models for flexible proteins. He also worked in cybersecurity at Los Alamos during this time before eventually dropping out of grad school to join a startup working on formal semantic modeling for legal documents. Finally, he left that startup to start his own in the finance & crypto space. Now, he helps entrepreneurs pay less capital gains tax.

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