In 2023, the arms sales revenue of the 25 world leading arms companies amounted to 445 billion U.S. dollars. This was an increase of over 15 billion dollars or nearly 3.6 percent compared to the previous year. The revenue of arms companies has increased over the last years as global defense spending has increased significantly amid rising conflicts and tensions worldwide, including the Russia-Ukraine war, the Israel-Hamas war in Gaza, and escalations in East Asia.
Arms revenue of the 25 largest arms companies worldwide from 2015 to 2023
(in billion U.S. dollars)
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SIPRI. (December 2, 2024). Arms revenue of the 25 largest arms companies worldwide from 2015 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/1231512/sales-25-largest-arms-companies/
SIPRI. "Arms revenue of the 25 largest arms companies worldwide from 2015 to 2023 (in billion U.S. dollars)." Chart. December 2, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1231512/sales-25-largest-arms-companies/
SIPRI. (2024). Arms revenue of the 25 largest arms companies worldwide from 2015 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/1231512/sales-25-largest-arms-companies/
SIPRI. "Arms Revenue of The 25 Largest Arms Companies Worldwide from 2015 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 2 Dec 2024, https://www.statista.com/statistics/1231512/sales-25-largest-arms-companies/
SIPRI, Arms revenue of the 25 largest arms companies worldwide from 2015 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1231512/sales-25-largest-arms-companies/ (last visited December 30, 2024)
Arms revenue of the 25 largest arms companies worldwide from 2015 to 2023 (in billion U.S. dollars) [Graph], SIPRI, December 2, 2024. [Online]. Available: https://www.statista.com/statistics/1231512/sales-25-largest-arms-companies/