ISSN 2330-717X

Think Tank Names Lockheed Martin World’s Largest Arms Producer

Stockholm International Peace Research Institute (SIPRI), an independent international institute researching into conflicts, arms control and disarmament, named U.S. Lockheed Martin the biggest arms vendor in 2010, with sales totalling $35.7 billion.

Only three companies in the top ten of the SIPRI Yearbook 2012, based on the 2010 data, are not from the United States – U.K. BAE Systems (2nd, with sales of $32.9 billion), Europe’s EADS (7th, with sales of $16.4 billion) and Italy’s Finmeccanica (8th, with sales of $14.4 billion).

Eight Russian companies have made it into SIPRI’s top 100, including Almaz-Antei (20th, with sales of almost $4 billion), United Aircraft Corp. (21st, with sales of 3.4 billion), Russian Helicopters design and manufacturing company (47th, with sales of 1.9 billion) and others.

“The total arms sales (including sales of military services) of the SIPRI Top 100 maintained their upward trend in 2010, although at 1 per cent in real terms, the increase was much slower than in 2009,” SIPRI said in a press release.

‘The data for 2010 demonstrates, once again, the major players’ ability to continue selling arms and military services despite the financial crises currently affecting other industries,’ states SIPRI arms industry expert Dr Susan Jackson said.


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1 Comment on "Think Tank Names Lockheed Martin World’s Largest Arms Producer"

  1. George Ronald Adkisson | February 27, 2012 at 4:58 pm | Reply

    The uS is not presently among the innovative as a whole…and are so far behind they threaten Nations to reveale what they needed themselves to produce as weapons.
    They have apparently forgotten to take care and represent their own population too.The National debt has requirements attached examp0led by the Saudi Arabian agreement for no less than 80 dollars per barrel oil.The rating the uS has, is for the ability of the uS to tax…and that is illegally accomplished using an amendment to the bill of rights that allows the uS to tax without regard to the several states or the census…that is also use to discriminate against even women.
    In other words…being a leader as Lockheed Martin has been identified equates as not much in a book of life…and probably will not be listed that day as the book of Revelation foretold.
    Everyone have a wonderful day.

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