With sales reaching $32.4bn in 2008, BAE Systems is the first non-US company to lead Stockholm International Peace Research Institute’s Top 100 list of arms-producing companies.
Following BAE in the top 5 are Lockheed Martin, Boeing, Northrop Grumman and General Dynamics (all of the USA), according to new data on international arms production released by Stockholm International Peace Research Institute (SIPRI). In 2008, the world’s 100 largest arms-producing companies maintained the upward trend in their arms sales, which reached $385bn, an…
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