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CEOWORLD magazine - Latest - CEO Insider - Who Are The Biggest Arms Producing Companies In The World, 2017 [Infographic]?

CEO Insider

Who Are The Biggest Arms Producing Companies In The World, 2017 [Infographic]?

Lockheed Martin tops the list of the 20 biggest arms producers and military service companies worldwide, with $40 billion worth of arms sales in 2016, according to the report published by the Stockholm International Peace Research Institute.

American companies dominate the list.

The world’s top 20 biggest arms producing and military services companies:

1. Lockheed Martin, US
Arms sales in 2016: $40.83 billion
Number of employees: 97,000

2. Boeing, US
Arms sales in 2016: $29.51 billion
Number of employees: 150,500

3. Raytheon, US
Arms sales in 2016: $22.91 billion
Number of employees: 63,000

4. BAE Systems, UK
Arms sales in 2016: $22.79 billion
Number of employees: 83,000

5. Northrop Grumman, US
Arms sales in 2016: $21.40 billion
Number of employees: 67,000

6. General Dynamics, US
Arms sales in 2016: $19.23 billion
Number of employees: 98,800

7. Airbus, France
Arms sales in 2016: $12.52 billion
Number of employees: 133,780

8. BAE Systems Inc., US
Arms sales in 2016: $9.30 billion
Number of employees: 29,500

9. L-3 Communications, US
Arms sales in 2016: $8.89 billion
Number of employees: 38,000

10. Leonardo S.p.A. (Finmeccanica), Italy
Arms sales in 2016: $8.50 billion
Number of employees: 45,630

11. Thales, France
Arms sales in 2016: $8.17 billion
Number of employees: 64,100

12. United Technologies, US
Arms sales in 2016: $6.87 billion
Number of employees: 201,600

13. Huntington Ingalls Industries, US
Arms sales in 2016: $6.72 billion
Number of employees: 37,000

14. United Aircraft Corp, Russia
Arms sales in 2016: $5.16 billion
Number of employees: 100,000

15. Bechtel Corp, US
Arms sales in 2016: $4.92 billion
Number of employees: 53,000

16. Textron, US
Arms sales in 2016: $4.76 billion
Number of employees: 36,000

17. Pratt & Whitney, US
Arms sales in 2016: $4.53 billion
Number of employees: 35,100

18. Rolls-Royce, UK
Arms sales in 2016: $4.45 billion
Number of employees: 45,900

19. Leidos, US
Arms sales in 2016: $4.3 billion
Number of employees: 32,000

20. Harris Corp, US
Arms sales in 2016: $4.2 billion
Number of employees: 17,000

Here’s a look at the breakdown by country – share of arms sales of companies in the SIPRI Top 100 for 2016:

Note: Chinese companies are excluded because of “the methodological difficulties posed by the lack of transparency about China’s arms sales.”


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CEOWORLD magazine - Latest - CEO Insider - Who Are The Biggest Arms Producing Companies In The World, 2017 [Infographic]?
Prof. Dr. Amarendra Bhushan Dhiraj
Prof. Dr. Amarendra Bhushan Dhiraj is a publishing executive and economist who is the CEO and editor-in-chief of The CEOWORLD magazine, one of the world’s most influential and recognized global news publications. Additionally, he serves as the chair of the advisory board for the CEOWORLD magazine. He received his Ph.D. in Finance and Banking from the European Global School, Paris, France. He earned his Doctoral Degree in Chartered Accountancy from the European International University Paris, France, and a Doctorate in Business Administration from Kyiv National University of Technologies and Design (KNUTD), Ukraine. Dr. Amarendra also holds a Master of Business Administration degree in International Relations and Affairs from the American University of Athens, Alabama, United States.


Prof. Dr. Amarendra Bhushan Dhiraj is CEO and editor-in-chief of CEOWORLD magazine. You can follow him on LinkedIn, Facebook, Twitter.