The winners of the 2014 Top-Performing Companies (TPC) rankings were honored at the Farnborough Airshow Tuesday during a ceremony at Aviation Week’s chalet. The annual study evaluated and ranked the operational performance of 59 publicly traded aerospace and defense companies worldwide. This year’s top-ranked companies were Boeing (revenues of more than $20 billion), Huntington Ingalls (revenues between $5-20 billion) and Exelis (revenues between $1-5 billion). Also honored for “sustained excellence” over the past five years were Lockheed Martin, Prevision Castparts and Rockwell Collins. Boeing’s score of 92 was the highest of any company in the Aviation Week study, which has ranked companies in the industry for 18 years.  

Pictured from left to right, are: Scott Thompson, leader of the U.S. Aerospace & Defense practice at PwC, the TPC study’s sponsor; Aviation Week Editor-in-Chief Joe Anselmo; Exelis President and CEO David F. Melcher; Boeing Chairman and CEO Jim McNerney; Pat Dewar, executive vice president of Lockheed Martin International; Jay Khetani, vice president for investor relations at Precision Castparts; Rockwell Collins President and CEO Kelly Ortberg and Aviation Week President Greg Hamilton.