In the following video, Fool consumer-goods/industrials analyst Blake Bos breaks down Aviation Week's top aerospace and defense picks by annual revenue. His discussion includes Cubic (CUB), Rockwell Automation (ROK 0.50%), Exelis (NYSE: XLS), Boeing (BA 1.51%), and Lockheed Martin (LMT 1.23%).

Blake reveals his top picks in each revenue category and explains why some of these companies may be better positioned to maintain future earnings in an environment of defense spending cuts.