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Graphic shows largest companies ranked by annual arms sales.
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MILITARY

Top-wapenproducenten

By Duncan Mil

December 11, 2019 - Arms sales of the world’s 100 largest arms-producing and military services companies hit $420.4 billion in 2018, an increase of 4.6 per cent compared with 2017, according to the Stockholm International Peace Research Institute (SIPRI).

United States’ weapons makers increased their domination of the global arms industry last year with the 10 top firms making and selling weapons of war all coming from the U.S. said SIPRI.

The latest SIPRI Arms Industry Database shows sales of arms and military services by the top 100 firms had jumped by 47 per cent since 2002 when comparable data was first available. It excludes Chinese companies due to the lack of data to make reliable estimates.

U.S. firms are making more money than ever selling lethal weapons. Revenue for all the 43 U.S. firms in the top 100 list amounts to $246 billion, or 58.5% of all arms sales by the top 100 firms.

Lockheed Martin Corporation retained the title as the world’s largest maker of weapons, accounting for 11% of global sales with its $47.26 billion sales. Among its many weapons of war is the F-35 Lightning II stealth fighter jet which each costs $82.4 million, according to the Pentagon.

Combined arms sales of the 27 top European weapons firms rose to $102 billion. United Kingdom firms accounted for $35.1 billion in 2018. Ten Russian arms companies sold $36.2 billion worth of military equipment and services in 2018, roughly the same as in 2017.

Sources
PUBLISHED: 17/12/2019; STORY: Graphic News
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