Arms sales grow despite supply chain issues

Sales of arms and military services by the top 100 weapons companies rose 1.9 percent to $592 billion in 2021, despite supply chain issues that held up shipments of critical components


B-21 Raider, built by Northrop Grumman


WORLD’S LARGEST ARMS PRODUCERS, 2021 
(Arms sales in US$ billions)

United States 
China
Western Europe
    
Lockheed Martin Corp.	60.3
Raytheon 		41.9
Boeing 			33.4
Northrop Grumman Corp. 	29.9
General Dynamics Corp. 	26.4
BAE Systems (UK) 	26.0
NORINCO 		21.6
AVIC 			20.1
CASC 			19.1
CETC 			15.0
CASIC 			14.5
13.9	Leonardo (Italy)
13.4	L3Harris Technologies
11.1	CSSC
10.8	Airbus (Europe) 
9.8	Thales (France)
8.6	Huntington Ingalls Industries
8.0	Leidos
6.2	Dassault Aviation Group (France)
5.9	CSGC


UNITED STATES 
40 companies listed in Top 100
Arms sales in 2021
$299 billion       
0.9% decrease from 2020

EUROPE 
27 companies in Top 100
$123bn 
4.2% increase
    
CHINA
8 companies in Top 100
$109bn
6.3% increase
          

Source: Stockholm International Peace Research Institute (SIPRI)
Picture: Staff Sgt. Jeremy Mosier, USAF
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