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"The World's Biggest Arms Companies " Topic


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Tango0112 Dec 2017 9:03 p.m. PST

"Sales of arms and military services across the world totaled $374.8 USD billion last year, according to new data from the Stockholm International Peace Research Institute (Sipri). That's 1.9 percent higher than 2015 and the first year of growth after five years of decline. American companies had a $217.2 USD billion slice of the global arms market in 2016, driven by large export orders as well as several major acquisitions…"

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Well done LEONARDO!! (smile)

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Armand

pzivh43 Supporting Member of TMP13 Dec 2017 3:24 a.m. PST

So any of these companies sell anything but air planes and helicopters? From the original article:

"The growth in arms sales was expected and was driven by the implementation of new national major weapon programmes,
ongoing military operations in several countries and persistent regional tensions that are leading to an increased demand for weapons."

Leaving China out of the mix due to insufficient data seems lame? Sounds like a little investigative journalism is called for?

Caedite Eos13 Dec 2017 4:41 a.m. PST

Most of them sell a mix of naval vessels, weapons and armour systems, rockets, cybersecurity, etc etc.

Dentatus Fezian13 Dec 2017 5:29 a.m. PST

I recall seeing somewhere that most military budgets are spent on fancy weapon systems and platforms but most conflicts are fought with small arms and light armor. I'd like to see a list of small arms/armor companies.

28mm Fanatik13 Dec 2017 7:04 a.m. PST

The criteria used for determining the largest arms dealers is revenue/profit, so companies that export small arms and cheaper weapons are left out. It's not a balanced assessment of the market.

Caedite Eos13 Dec 2017 7:57 a.m. PST

ha. volunteering to do investigative journalism in China into their defense companies? See you in 40 years pzivh43!

Personal logo StoneMtnMinis Supporting Member of TMP13 Dec 2017 8:15 a.m. PST

The list appears to have left off Volkoff Industries.

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USAFpilot13 Dec 2017 11:47 a.m. PST

Yep, ships and planes are expensive. Reminds me of that crude saying about the thee "F's". "If it flies, floats, or *****; it's cheaper to rent."

Lion in the Stars13 Dec 2017 2:48 p.m. PST

Was going to say that General Dynamics is primarily a naval constructor these days (or at least that's where the lion's share of their profits are coming from). After all, half the Virginia-class subs are theirs, and the Columbia-class is going to be even bigger!

Sobieski13 Dec 2017 3:35 p.m. PST

"criteria" is a plural.

rmaker14 Dec 2017 8:38 p.m. PST

And non-companies (like the Russian and Chinese government enterprises) also get left out. Further, there seems to be evidence that civilian sales are included in these numbers – like airliners, accounting software, computers, etc. Basically SIPRI is a left-wing propaganda mill, so don't expect any Chinese entities to appear in their listings.

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