Aerospace & Defense - CFO - Salary Survey

Aerospace & Defense - CFO - Salary Survey

April 8, 2025

At A Glance

What's the compensation like as a CFO in the A&D sector, a salary report by Raw Selection.

Aerospace & Defense - CFO - Salary Survey

 

CFO COMPENSATION IN PE-BACKED AEROSPACE & DEFENSE FIRMS

We gathered insights from 121 CFOs working in Private Equity-backed Aerospace & Defense companies. The report breaks down compensation based on company revenue levels.

RESPONDENT BREAKDOWN

  • 31% from firms under $50M revenue

  • 40% from firms with $50M–$150M revenue

  • 29% from firms over $150M revenue


BASE SALARY

Firms < $50M Revenue

  • Median: $210,500

  • Range: $100,000 – $300,000

Firms $50M–$150M Revenue

  • Median: $242,364

  • Range: $150,000 – $330,000

Firms > $150M Revenue

  • Median: $276,857

  • Range: $158,000 – $408,000


BONUS

  • 92% of CFOs at firms <$50M receive a bonus of 50% or less

  • 92% at firms $50M–$150M receive a bonus of 50% or less

  • 82% at firms >$150M receive a bonus of 50% or less


EQUITY

  • 66% of CFOs at firms <$50M hold equity

  • 60% at firms $50M–$150M hold equity

  • 57% at firms >$150M hold equity


Key Takeaways:

  • Base pay increases with revenue – Median salary climbs from $210K (<$50M) to $277K (>$150M). Steady progression with scale.

  • Bonuses are capped low – Over 80% of CFOs across all revenue tiers get a bonus of 50% or less. No big payouts here.

  • Equity more common at smaller firms – 66% of CFOs at sub-$50M firms have equity vs just 57% at large firms. Reverse of the expected trend.

  • Tight comp bands – Pay ranges don’t stretch as wide as in other sectors, even at the top end.

Bottom line: CFOs in PE-backed Aerospace & Defense firms are well-paid on base, but rarely see large bonuses or significant equity—especially in bigger firms.


KEY TAKEAWAYS:

  • Base pay increases with revenue – Median salary climbs from $210K (<$50M) to $277K (>$150M). Steady progression with scale.

  • Bonuses are capped low – Over 80% of CFOs across all revenue tiers get a bonus of 50% or less. No big payouts here.

  • Equity more common at smaller firms – 66% of CFOs at sub-$50M firms have equity vs just 57% at large firms. Reverse of the expected trend.

  • Tight comp bands – Pay ranges don’t stretch as wide as in other sectors, even at the top end.

Bottom line: CFOs in PE-backed Aerospace & Defense firms are well-paid on base, but rarely see large bonuses or significant equity—especially in bigger firms.


Looking to benchmark your pay or hire a proven CEO for your portfolio company?
Reach out at Jack.Burns@raw-selection.com
Principal, Aerospace & Defense

All the insights in this salary report are provided from our proprietary data

Raw Selection | De-Risking Executive Search for Private Equity firms across Europe and North America.

Get in Touch

Raw Selection favors a meticulous approach to talent research. Our process for selecting the right talent means we can boast a 100% success rate for all our retained and engaged C-Suite clients, with 96% of placed candidates still in their roles after 12 months.

If you are looking for new talent, contact us now.

Get in Touch