The production and sales of weapons is one of the top industries in the world. In more recent year, Private Military Contractors(PMCs) have also flourished to offer all types of military services. In 2017, the global arms business topped $398 billion according to Stockholm International Peace Research Institute (SIPRI).

A few interesting points noted in the research report published by SIPRI:

• Our of the top 100, 42 companies are US-based
• US companies’ share of the Top 100 arms sales was 57%
• Western European companies accounted for about $94 billion of total sales
• Russia stood at second spot next only to the US in global arms sales

The Top 100 Global Arms-Producing and Military Services Companies based on data from 2017 are shown in the tables below:

Click to enlarge

Source: SIPRI

Some of the major US companies in the above list are:

1. Lockheed Martin Corporation (LMT)
2. Raytheon Company (RTN)
3. Boeing Co(BA)
4. General Dynamics Corporation(GD)
5.  Northrop Grumman Corporation (NOC)
6. United Technologies Corporation(UTX)
   
7.  Level 3 Communications, Inc. (LVLT)
8. Textron Inc.(TXT)

Disclosure: No Positions