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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.

Dr. Amarendra Bhushan Dhiraj

Dr. Amarendra Bhushan Dhiraj

Dr. Amarendra Bhushan Dhiraj is the CEO and editorial director at CEOWORLD magazine, the leading global business magazine written strictly for CEOs, CFOs, top managers, company directors, investors, senior executives, business leaders, and high net worth individuals.
Dr. Amarendra Bhushan Dhiraj

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