Top 25 leading weapons companies in the world 2023 năm 2024

This article discusses the top 10 biggest military manufacturers in the world, including companies like Lockheed Martin and Boeing Defense.

The military industry is one of the largest and most profitable sectors in the world. It is responsible for the production of weapons, military vehicles, and other related equipment. The demand for these products comes from various governments around the world that use them to defend their countries, engage in conflicts, or maintain peace. In this article, we will discuss the biggest arms manufacturers in the world.

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Lockheed Martin

Lockheed Martin is an American company that is considered the world’s largest defense contractor. It produces a wide range of products, including fighter jets, helicopters, missiles, and satellites.

Total sales (Arms + Military Services), 2021 : 67,004 millions USD ; Arms sales, 2021 : 60,340 millions USD (90 % of total sales); source SIPRI, 2022

Raytheon Technologies

Raytheon Technologies is an American company that produces a range of products, including missiles, radars, and defense electronics.

Total sales (Arms + Military Services), 2021 : 64,388 millions USD ; Arms sales, 2021 : 41,850 millions USD (65 % of total sales); source SIPRI, 2022

Boeing Defense, Space & Security

Boeing Defense, Space & Security is the second-largest military manufacturer in the world. The company produces a wide range of products, including military aircraft, drones, and missiles.

Total sales (Arms + Military Services), 2021 : 62,286 millions USD ; Arms sales, 2021 : 33,420 millions USD (54% of total sales); source SIPRI, 2022

Northrop Grumman

Northrop Grumman is an American company that produces advanced defense technologies, including aircraft, missiles, and space systems.

Total sales (Arms + Military Services), 2021 : 35,667 millions USD ; Arms sales, 2021 : 29,880 millions USD (84 % of total sales); source SIPRI, 2022

General Dynamics

General Dynamics is an American company that produces a wide range of products, including submarines, tanks, and other defense systems.

Total sales (Arms + Military Services), 2021 : 38,469 millions USD ; Arms sales, 2021 : 26,390 millions USD (69% of total sales); source SIPRI, 2022

BAE Systems

BAE Systems is a British company that produces a wide range of defense products, including military aircraft, tanks, and naval ships.

Total sales (Arms + Military Services), 2021 : 26,851 millions USD ; Arms sales, 2021 : 26,020 millions USD (97% of total sales); source SIPRI, 2022

NORINCO

China North Industries Corporation, or NORINCO is a state-owned enterprise. It is one of the largest defense contractors in China, with a focus on the production of armored vehicles, artillery, and missiles. The company also produces non-military products, including chemicals, machinery, and electronics.

Total sales (Arms + Military Services), 2021 : 81,607 millions USD ; Arms sales, 2021 : 21,570 millions USD ( 26 % of total sales); source SIPRI, 2022

AVIC

AVIC, short for Aviation Industry Corporation of China, is one of the largest defense contractors in China. The state-owned enterprise is a leading producer of military aircraft and aerospace technology, as well as a range of other products.

Total sales (Arms + Military Services), 2021 : 80,446 millions USD ; Arms sales, 2021 : 20,110 millions USD ( 25 % of total sales); source SIPRI, 2022

In conclusion, the military industry is one of the most profitable sectors in the world, and the demand for defense products is unlikely to decrease anytime soon. The companies listed above are the biggest military manufacturers in the world, and they are responsible for producing some of the most advanced and sophisticated military equipment in existence.

For the first time in over 30 years, and in a tightly-controlled presentation, the United States unveiled a new strategic bomber on Friday. The nuclear-capable B-21 Raider is expected to enter service in 2027 and is seen as a major part of the States' response to military buildup by China. The estimated cost was also revealed: The plane's manufacturer, Northrop Grumman, can expect $700m per aircraft. Many other companies will also profit from the project, with the arms production company stating that 400 suppliers are involved in the project. One of these is Raytheon Technologies - whose subsidiary Pratt & Whitney will be manufacturing the engines for the new stealth jet.

Both Northrop Grumman and Raytheon feature on the ranking of the world's largest arms-production companies. Despite a six percent fall in arms sales for Northrop Grumman, the aerospace and defense technology firm generated $30 billion in 2021, making it the fourth largest in the world by this measure. Raytheon's arms sales grew by nine percent to $42 billion, putting it behind only Lockheed Martin with $60 billion.

As a glance at this infographic reveals, U.S. companies dominate the top of the list. Two Chinese companies also make it though - having both posted strong growth in 2021, Norinco and AVIC had combined arms sales of over $40 billion last year. According to the source, Stockholm International Peace Research Institute (SIPRI), arms sales of the world's largest 100 arms-producing companies grew by 1.9 percent to $592 billion in 2021, despite supply chain challenges.

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