The World’s Top 20 Largest Arms Producing Companies, 2017

In 2017, Lockheed Martin Corp. (NYSE: LMT) retained its place at the top of the global arms league, selling nearly $44.92 billion of military equipment.

Boeing (NYSE:BA) ranked number 2 on the list (military sales: $26.9 billion), followed by Raytheon (NYSE:RTN) (military sales: $23.8 billion), and BAE Systems plc (LON:BA) (military sales: $22.9 billion).

Russia has overtaken the United Kingdom to become the second biggest arms producer the world behind the U.S., according to the Stockholm International Peace Research Institute (Sipri).

The U.S topped the list, with 42 companies and sales totaled at $226.6 billion — accounting for 57% of the top 100’s arms sales.

Russia ranked number 2 on the list with ten companies and sales totaled at $37.7 billion — accounting for 9.5% of the Top 100’s arms sales. Meanwhile, the United Kingdom, fell to the third position, with sales of $35.7 billion.

Sales of arms & military services across the world totaled $398.2 billion last year.

The World’s Top 20 Largest Arms Producing Companies

1. Lockheed Martin Corp., United States
   Arms sales: $44.92 billion
2. Boeing, United States
   Arms sales: $26.9 billion
3. Raytheon, United States
   Arms sales: $23.8 billion
4. BAE Systems, United Kingdom
   Arms sales: $22.9 billion
5. Northrop Grumman Corp, United States
   Arms sales: $22.3 billion
6. General Dynamics Corp., United States
   Arms sales: $19.4 billion
7. Airbus Group, Trans-European
   Arms sales: $11.3 billion
8. Thales, France
   Arms sales: $9 billion
9. Leonardo, Italy
   Arms sales: $8.8 billion
10. Almaz-Antey, Russia
    Arms sales: $8.5 billion
11. United Technologies Corp., United States
    Arms sales: $7.7 billion
12. L-3 Communications, United States
    Arms sales: $7.7 billion
13. Huntington Ingalls, United States
    Arms sales: $6.4 billion
14. United Aircraft Corp., Russia
    Arms sales: $6.4 billion
15. United Shipbuilding Corp., Russia
    Arms sales: $4.9 billion
16. Honeywell International, United States
    Arms sales: $4.4 billion
17. Rolls-Royce, United Kingdom
    Arms sales: $4.4 billion
18. Leidos, United States
    Arms sales: $4.3 billion
19. Naval Group, France
    Arms sales: $4.1 billion
20. Textron, United States
    Arms sales: $4.1 billion

Note: The figures exclude China, for which figures are not available.