POST Online Media Lite Edition



 

Biggest players in global arms industry received $370.7 billion

Staff Writer |
Sales of arms and military services by the largest arms-producing and military services companies — the SIPRI Top 100 — totalled $370.7 billion in 2015.

Article continues below






This is according to new data on the international arms industry released today by SIPRI.

Companies based in the United States continue to dominate the Top 100
The sales of arms and military services companies in the SIPRI Top 100 have fallen for the fifth consecutive year. However, at only a 0.6 percent decline, the slight decrease may signal a possible reversal of the downward sales trend observed since 2011.

Companies based in the United States continue to dominate the Top 100 with total arms sales amounting to $209.7 billion for 2015. Arms sales by US companies in the Top 100 decreased by 2.9 percent compared with 2014—the fifth consecutive year of decline.

Many of the larger U.S. arms-producing companies divested their military services activities after 2010 due to falling demand.

Arms sales by companies in Western Europe rose by 6.6 percent in real terms
A number of the new, smaller companies created by this process have consolidated and have built up sufficient revenue to rank in the Top 100 for 2015; three such companies are CSRA, Engility and Pacific Architects and Engineers.

Arms sales by companies in Western Europe listed in the SIPRI Top 100 for 2015 rose by 6.6 percent in real terms compared with 2014, with total combined revenues from arms sales amounting to $95.7 billion.

This increase contrasts with the notable drop in West European companies’ revenues from arms sales recorded between 2013 and 2014.

The combined arms sales of the six French companies listed in the Top 100 totalled $21.4 billion in 2015, a rise of 13.1 percent compared with 2014, when most of those companies recorded a fall in arms sales.

The increase in French companies’ arms sales has acted as an important driver for the recent growth in arms sales in Western Europe.

The three German companies listed in the Top 100 continued to increase their combined sales (by 7.4 percent) in 2015. Companies in the Top 100 based in the United Kingdom reversed the downward trend recorded in 2014 with a 2.8 percent rise in their combined arms sales in 2015.

The combined arms sales of the 11 Russian companies in the 2015 Top 100 reached $30.1 billion, representing 8.1 percent of the total Top 100 arms sales for 2015 and an increase of 6.2 percent compared with 2014. Ten out of the 11 companies listed have increased their arms sales in 2015.

Emerging producers and other established producers account for 9.5 percent of the Top 100 arms sales for 2015 with a combined total of $34.5 billion.

This represents an increase of 3.0 percent for other established producers compared with 2014 and a rise of 15.9 percent for emerging producers. The significant growth in emerging producers’ arms sales is mostly attributable to South Korean companies, which increased sales by 31.7 percent in 2015.

National efforts among the emerging producers to develop their arms industries have shown mixed results in 2015.

The combined arms sales of India’s ranked companies grew by 9.3 percent compared with 2014, while the combined sales of Turkish companies rose by 10.2 percent. Embraer, the sole Brazilian company in the Top 100, recorded a 28.1 percent decline in its arms sales in 2015.


What to read next

US and Russia world's biggest arms exporters
U.S. largest arms exporter, Russia and China on the rise
International arms imports increased 14 percent