03 / Industry
SIPRI Top 100 + notable PMCs
SIPRI ranks by arms revenues. PMC block is a curated notable list for directory purposes and is NOT a SIPRI ranking. Revenue figures in USD millions (SIPRI).
SIPRI
100
PMC / services
12
Combined
112
Logos cached
35
Arms producers (SIPRI 2024)
| Rank | Company | Country | Ownership | Ticker | Arms $M | Notes |
|---|---|---|---|---|---|---|
| 1 |
Lockheed Martin Corp. Website |
United States | public | LMT | 64,650 | Arms and military services (SIPRI Top 100) |
| 2 |
RTX Website |
United States | public | RTX | 43,600 | Arms and military services (SIPRI Top 100) |
| 3 |
Northrop Grumman Corp. Website |
United States | public | NOC | 37,850 | Arms and military services (SIPRI Top 100) |
| 4 |
BAE Systems Website |
United Kingdom | public | BA.L | 33,790 | Arms and military services (SIPRI Top 100) |
| 5 |
General Dynamics Corp. Website |
United States | public | GD | 33,630 | Arms and military services (SIPRI Top 100) |
| 6 |
Boeing Website |
United States | public | BA | 30,550 | Arms and military services (SIPRI Top 100) |
| 7 |
Rostec |
Russia | state | — | 27,120 | Arms and military services (SIPRI Top 100) |
| 8 |
AVIC |
China | state | — | 20,320 | Arms and military services (SIPRI Top 100) |
| 9 |
CETC |
China | state | — | 18,920 | Arms and military services (SIPRI Top 100) |
| 10 |
L3Harris Technologies Website |
United States | public | LHX | 16,210 | Arms and military services (SIPRI Top 100) |
| 11 |
NORINCO |
China | state | — | 13,970 | Arms and military services (SIPRI Top 100) |
| 12 |
Leonardo Website |
Italy | public | LDO.MI | 13,830 | Arms and military services (SIPRI Top 100) |
| 13 |
Airbus Website |
Trans-European | public | AIR.PA | 13,370 | Arms and military services (SIPRI Top 100) |
| 14 |
CSSC |
China | state | — | 12,330 | Arms and military services (SIPRI Top 100) |
| 15 |
Thales Website |
France | public | HO.PA | 11,800 | Arms and military services (SIPRI Top 100) |
| 16 |
HII |
United States | private | — | 10,280 | Arms and military services (SIPRI Top 100) |
| 17 |
CASC |
China | state | — | 10,230 | Arms and military services (SIPRI Top 100) |
| 18 |
Leidos Website |
United States | public | LDOS | 9,370 | Arms and military services (SIPRI Top 100) |
| 19 |
Amentum Website |
United States | private | — | 8,330 | Arms and military services (SIPRI Top 100) |
| 20 |
Rheinmetall Website |
Germany | public | RHM.DE | 8,240 | Arms and military services (SIPRI Top 100) |
| 21 |
Hanwha Group |
South Korea | private | — | 7,970 | Arms and military services (SIPRI Top 100) |
| 22 |
Booz Allen Hamilton Website |
United States | public | BAH | 7,810 | Arms and military services (SIPRI Top 100) |
| 23 |
Rolls-Royce Website |
United Kingdom | public | RR.L | 7,200 | Arms and military services (SIPRI Top 100) |
| 24 |
CACI International Website |
United States | public | CACI | 6,510 | Arms and military services (SIPRI Top 100) |
| 25 |
Elbit Systems Website |
Israel | public | ESLT | 6,280 | Arms and military services (SIPRI Top 100) |
| 26 |
AECC |
China | state | — | 6,260 | Arms and military services (SIPRI Top 100) |
| 27 |
Honeywell International Website |
United States | public | HON | 6,090 | Arms and military services (SIPRI Top 100) |
| 28 |
Saab Website |
Sweden | public | SAAB-B.ST | 5,550 | Arms and military services (SIPRI Top 100) |
| 29 |
Safran Website |
France | public | SAF.PA | 5,320 | Arms and military services (SIPRI Top 100) |
| 30 |
MBDA |
Trans-European | private | — | 5,260 | Arms and military services (SIPRI Top 100) |
| 31 |
Israel Aerospace Industries |
Israel | private | — | 5,190 | Arms and military services (SIPRI Top 100) |
| 32 |
Mitsubishi Heavy Industries Website |
Japan | public | 7011.T | 5,030 | Arms and military services (SIPRI Top 100) |
| 33 |
GE Aerospace |
United States | private | — | 4,890 | Arms and military services (SIPRI Top 100) |
| 34 |
Rafael |
Israel | private | — | 4,700 | Arms and military services (SIPRI Top 100) |
| 35 |
KBR Website |
United States | private | — | 4,680 | Arms and military services (SIPRI Top 100) |
| 36 |
Naval Group |
France | private | — | 4,660 | Arms and military services (SIPRI Top 100) |
| 37 |
EDGE Group |
United Arab Emirates | private | — | 4,660 | Arms and military services (SIPRI Top 100) |
| 38 |
CSGC |
China | state | — | 4,580 | Arms and military services (SIPRI Top 100) |
| 39 |
Babcock International Group |
United Kingdom | public | BAB.L | 4,570 | Arms and military services (SIPRI Top 100) |
| 40 |
Dassault Aviation Group Website |
France | public | AM.PA | 4,290 | Arms and military services (SIPRI Top 100) |
| 41 |
United Shipbuilding Corp. |
Russia | state | — | 4,110 | Arms and military services (SIPRI Top 100) |
| 42 |
KNDS |
Trans-European | private | — | 4,110 | Arms and military services (SIPRI Top 100) |
| 43 |
Science Applications International Corp. |
United States | public | SAIC | 3,890 | Arms and military services (SIPRI Top 100) |
| 44 |
Hindustan Aeronautics |
India | private | — | 3,810 | Arms and military services (SIPRI Top 100) |
| 45 |
V2X |
United States | public | VVX | 3,760 | Arms and military services (SIPRI Top 100) |
| 46 |
Czechoslovak Group |
Czechia | private | — | 3,630 | Arms and military services (SIPRI Top 100) |
| 47 |
ASELSAN |
Türkiye | public | ASELS.IS | 3,470 | Arms and military services (SIPRI Top 100) |
| 48 |
Textron Website |
United States | public | TXT | 3,290 | Arms and military services (SIPRI Top 100) |
| 49 |
TransDigm Group |
United States | public | TDG | 3,180 | Arms and military services (SIPRI Top 100) |
| 50 |
NCSIST |
Taiwan | private | — | 3,110 | Arms and military services (SIPRI Top 100) |
| 51 |
PGZ |
Poland | private | — | 3,040 | Arms and military services (SIPRI Top 100) |
| 52 |
JSC Ukrainian Defense Industry |
Ukraine | private | — | 3,010 | Arms and military services (SIPRI Top 100) |
| 53 |
Fincantieri |
Italy | public | FCT.MI | 2,990 | Arms and military services (SIPRI Top 100) |
| 54 |
Parker-Hannifin Corp. |
United States | private | — | 2,740 | Arms and military services (SIPRI Top 100) |
| 55 |
Kawasaki Heavy Industries |
Japan | public | 7012.T | 2,650 | Arms and military services (SIPRI Top 100) |
| 56 |
Bechtel Corp. |
United States | private | — | 2,640 | Arms and military services (SIPRI Top 100) |
| 57 |
ST Engineering |
Singapore | private | — | 2,620 | Arms and military services (SIPRI Top 100) |
| 58 |
Bharat Electronics |
India | private | — | 2,470 | Arms and military services (SIPRI Top 100) |
| 59 |
Serco Group |
United Kingdom | private | — | 2,420 | Arms and military services (SIPRI Top 100) |
| 60 |
LIG Nex1 |
South Korea | public | 079550.KS | 2,400 | Arms and military services (SIPRI Top 100) |
| 61 |
ThyssenKrupp |
Germany | private | — | 2,290 | Arms and military services (SIPRI Top 100) |
| 62 |
Hensoldt |
Germany | private | — | 2,240 | Arms and military services (SIPRI Top 100) |
| 63 |
Parsons Corp. |
United States | private | — | 2,220 | Arms and military services (SIPRI Top 100) |
| 64 |
Fujitsu |
Japan | private | — | 2,190 | Arms and military services (SIPRI Top 100) |
| 65 |
Turkish Aerospace Industries |
Türkiye | private | — | 2,160 | Arms and military services (SIPRI Top 100) |
| 66 |
Oshkosh Corp. Website |
United States | public | OSK | 2,160 | Arms and military services (SIPRI Top 100) |
| 67 |
Diehl |
Germany | private | — | 2,110 | Arms and military services (SIPRI Top 100) |
| 68 |
BWX Technologies |
United States | private | — | 2,070 | Arms and military services (SIPRI Top 100) |
| 69 |
Teledyne Technologies |
United States | private | — | 2,050 | Arms and military services (SIPRI Top 100) |
| 70 |
Korea Aerospace Industries |
South Korea | private | — | 2,010 | Arms and military services (SIPRI Top 100) |
| 71 |
QinetiQ |
United Kingdom | public | QQ.L | 1,950 | Arms and military services (SIPRI Top 100) |
| 72 |
Sierra Nevada Corp. |
United States | private | — | 1,940 | Arms and military services (SIPRI Top 100) |
| 73 |
Baykar |
Türkiye | private | — | 1,900 | Arms and military services (SIPRI Top 100) |
| 74 |
General Atomics Website |
United States | private | — | 1,890 | Arms and military services (SIPRI Top 100) |
| 75 |
Eaton |
United States | private | — | 1,870 | Arms and military services (SIPRI Top 100) |
| 76 |
Mitsubishi Electric Corp. Website |
Japan | private | — | 1,850 | Arms and military services (SIPRI Top 100) |
| 77 |
SpaceX |
United States | private | — | 1,810 | Arms and military services (SIPRI Top 100) |
| 78 |
Curtiss-Wright Corp. |
United States | private | — | 1,790 | Arms and military services (SIPRI Top 100) |
| 79 |
Kongsberg Gruppen Website |
Norway | public | KOG.OL | 1,780 | Arms and military services (SIPRI Top 100) |
| 80 |
Hyundai Rotem |
South Korea | public | 064350.KS | 1,730 | Arms and military services (SIPRI Top 100) |
| 81 |
Amphenol Corp. |
United States | private | — | 1,670 | Arms and military services (SIPRI Top 100) |
| 82 |
CNNC |
China | state | — | 1,670 | Arms and military services (SIPRI Top 100) |
| 83 |
NEC Corp. |
Japan | private | — | 1,540 | Arms and military services (SIPRI Top 100) |
| 84 |
United Launch Alliance |
United States | private | — | 1,540 | Arms and military services (SIPRI Top 100) |
| 85 |
CAE |
Canada | private | — | 1,460 | Arms and military services (SIPRI Top 100) |
| 86 |
Moog |
United States | private | — | 1,400 | Arms and military services (SIPRI Top 100) |
| 87 |
Roketsan |
Türkiye | private | — | 1,390 | Arms and military services (SIPRI Top 100) |
| 88 |
Navantia |
Spain | private | — | 1,270 | Arms and military services (SIPRI Top 100) |
| 89 |
HEICO Corp. |
United States | private | — | 1,250 | Arms and military services (SIPRI Top 100) |
| 90 |
Melrose Industries |
United Kingdom | private | — | 1,240 | Arms and military services (SIPRI Top 100) |
| 91 |
Mazagon Dock Shipbuilders |
India | private | — | 1,230 | Arms and military services (SIPRI Top 100) |
| 92 |
ViaSat |
United States | private | — | 1,220 | Arms and military services (SIPRI Top 100) |
| 93 |
MKE |
Türkiye | private | — | 1,210 | Arms and military services (SIPRI Top 100) |
| 94 |
Howmet Aerospace |
United States | public | HWM | 1,160 | Arms and military services (SIPRI Top 100) |
| 95 |
Keysight Technologies |
United States | private | — | 1,150 | Arms and military services (SIPRI Top 100) |
| 96 |
DEFEND ID |
Indonesia | private | — | 1,140 | Arms and military services (SIPRI Top 100) |
| 97 |
TTM Technologies |
United States | private | — | 1,130 | Arms and military services (SIPRI Top 100) |
| 98 |
Mitre Corp. |
United States | private | — | 1,120 | Arms and military services (SIPRI Top 100) |
| 99 |
The Aerospace Corp. |
United States | private | — | 1,100 | Arms and military services (SIPRI Top 100) |
| 100 |
Ultra Electronics Group |
United Kingdom | private | — | 1,070 | Arms and military services (SIPRI Top 100) |
Notable PMC / military services (curated)
| ID | Company | Country | Ownership | Ticker | Arms $M | Services |
|---|---|---|---|---|---|---|
| PMC-01 |
Constellis Website |
United States | private | — | — | Complex risk management, security, training (Academi/Triple Canopy lineage) |
| PMC-02 |
GardaWorld Website |
Canada | private | — | — | Private security and risk management |
| PMC-03 |
Allied Universal (incl. G4S) Website |
United States | private | — | — | Security services; G4S legacy in conflict-zone security |
| PMC-04 |
Amentum (DynCorp lineage) Website |
United States | private | — | — | Federal contracting, logistics, training, sustainment |
| PMC-05 |
Aegis Defence Services (GardaWorld Federal Services lineage) |
United Kingdom | private | — | — | Private security / defence services |
| PMC-06 |
SOC LLC Website |
United States | private | — | — | Security operations and protective services |
| PMC-07 |
Erinys International |
United Kingdom | private | — | — | Security and risk management (historical Iraq oil infrastructure) |
| PMC-08 |
Control Risks Website |
United Kingdom | private | — | — | Risk consulting, security, crisis management |
| PMC-09 |
Olive Group (Constellis) Website |
United Arab Emirates | private | — | — | Security and risk services (Constellis family) |
| PMC-10 |
Northbridge Services Group Website |
United States | private | — | — | Private defense / security contracting |
| PMC-11 |
Wagner Group / Africa Corps (historical / successor references) |
Russia | private | — | — | Armed PMC activity (sanctions/conflict reporting; not a commercial supplier list |
| PMC-12 |
Securitas AB Website |
Sweden | public | SECU-B.ST | — | Security services (global) |