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World's biggest arms-producing companies

Last updated on: May 5, 2011 10:21 IST

World's biggest arms-producing companies

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It is estimated that every year over $1.5 trillion are spent on military expenditures worldwide.

Part of this goes to the procurement of military hardware and services from the military industry.

Many industrialised countries have a domestic arms industry to supply their own military forces.

Some countries also have a substantial legal or illegal domestic trade in weapons for use by its citizens.

Click NEXT to see the world's top arms-producing companies, including India's major defence firms...


Image: Many countries have a domestic arms industry.
Photographs: Reuters
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Hindustan Aeronautics

Total sales: $2.94 billion

Total profits: $611 million

Area of operations: Aircraft and missiles

Total employees: 35,000

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Image: Hindustan Aeronautics is India's biggest defence company.
Photographs: Reuters
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Indian Ordnance Factories

Total sales: $2.12 billion

Area of operations: Artillery, small arms and ammunition

Total profits: N/A

Total employees: 101,450

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Image: Indian Ordnance Factories has over 100,000 employees.
Photographs: Reuters
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Bharat Electronics

Total sales: $1.17 billion

Total profits: $252 million

Area of operations: Electronics

Total employees: 11,770

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Image: Bharat Electronics is a major Indian defence company.
Photographs: Reuters
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Rank 1: EADS (Europe)

Total sales: $59.47 billion

Total profits: $769 million

Area of operations: Aircraft, electronics, missiles and space

Total employees: 119,510

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Image: EADS sits at the top.
Photographs: Reuters
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Rank 2: United Technologies (US)

Total sales: $52.92 billion

Total profits: $4.17 billion

Area of operations: Aircraft, electronics and engineering

Total employees: 206,700

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Image: United Technologies saw sales of more than $50 billion.
Photographs: Reuters
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Rank 3: Lockheed Martin (US)

Total sales: $45.18 billion

Total profits: $3.02 billion

Area of operations: Aircraft, electronics, missiles and space

Total employees: 140,000

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Image: Lockheed Martin has 140,000 employees.
Photographs: Reuters
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Rank 4: BAE Systems (UK)

Total sales: $34.91 billion

Total profits: $70 million

Area of operations: Artillery, aircraft, electronics, small arms, ammunition, missiles, military vehicles and ships

Total employees: 98,000

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Image: BAE Systems manufactures many things.
Photographs: Reuters
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Rank 5: Northrop Grumman (US)

Total sales: $33.75 billion

Total profits: $1.68 billion

Area of operations: Aircraft, electronics, missiles, ships, space and services

Total employees: 120,700

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Image: Northrop Grumman is a US-based company.
Photographs: Reuters
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Rank 6: Boeing (US)

Total sales: $32.30 billion

Total profits: $1.31 billion

Area of operations: Aircraft, electronics, missiles and space

Total employees: 157,100

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Image: Boeing is one of the biggest defence companies.
Photographs: Reuters
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Rank 7: General Dynamics (US)

Total sales: $31.98 billion

Total profits: $2.39 billion

Area of operations: Artillery, electronics, military vehicles, small arms, ammunition and ships

Total employees: 91,700

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Image: General Dynamics is into several areas.
Photographs: Reuters
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Rank 8: Raytheon (US)

Total sales: $24.88 billion

Total profits: $1.97 billion

Area of operations: Electronics and missiles

Total employees: 75,000

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Image: Raytheon is into electronics and missiles.
Photographs: Reuters
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Rank 9: Finmeccanica (Italy)

Total sales: $25.24 billion

Total profits: $997 million

Area of operations: Artillery, aircraft, electronics, military vehicles, missiles, small arms and ammunition

Total employees: 73,060

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Image: Finmeccanica is an Italy-based company.
Photographs: Reuters
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Rank 10: L-3 Communications (US)

Total sales: $15.61 billion

Total profits: $901 million

Area of operations: Electronics and services

Total employees: 67,000


Image: L-3 Communications is into electronics and services.
Photographs: Reuters
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