Largest armament manufacturers worldwide based on defense revenue 2021
In 2021, Lockheed Martin was the leading armament manufacturer in the world. The defense company is from the United States and had a defense revenue of nearly 65 billion U.S. dollars that year. Second on the worldwide comparison is Raytheon Technologies, also from the United States, with a revenue of 42 billion U.S. dollars in 2021. The manufacturer with the highest revenue outside of the United States was the Aviation Industry Corporation of China, ranked sixth.
