THE SIPRI TOP 100 ARMS‑PRODUCING AND MILITARY SERVICES COMPANIES, 2018

Dec. 10, 2019

The Stockholm International Peace Research Institute (SIPRI) released a new report titled “The SIPRI Top 100 Arms‑Producing And Military Services Companies, 2018.”

About:

  • Sales of arms and military services by the sector’s largest 100 companies (excluding those in China) totalled $420 billion in 2018, marking an increase of 4.6 % compared with the previous year.

  • The turnover of the 100 biggest arms manufacturers came to 420 billion dollars. US manufacturers alone accounted for 59 % of the market, or a turnover of 246 billion dollars, up 7.2 % on the previous year.

  • Russia was second in the rankings for arms production, with 8.6 % of the market, just ahead of the United Kingdom on 8.4 % and France on 5.5 %. The study did not include China, for lack of sufficient data

  • The top five spots in the ranking are held exclusively by arms companies based in the United States: Lockheed Martin, Boeing, Northrop Grumman, Raytheon and General Dynamics. These five companies alone accounted for 35 % of total Top 100 arms sales in 2018.

  • The combined arms sales of the three Indian arms companies listed in the Top 100 were $5.9 billion in 2018—a decrease of 6.9 % on 2017. The decline is mainly a result of Indian Ordnance Factory’s significant 27 % drop in arms sales.