Companies Profiting the Most From War

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3. BAE Systems
> Arm sales:
$25.73 billion
> Total sales: $27.40 billion
> Profit: $1.24 billion
> Employment: 83,400

BAE Systems is one of just three top 10 arms producers based outside the United States. Like most of these companies, BAE Systems, headquartered in the United Kingdom, operates all over the world. The company employs 83,400 workers in the UK, Australia, India, Saudi Arabia, and the United States. BAE Systems’ principal market is the United States, followed by the United Kingdom. According to the company, more than one-third of its sales come from outside these nations. Aerospace-related products comprise BAE Systems’ largest division, accounting for 50% of sales.

2. Boeing (NYSE: BA)
> Arm sales:
$28.30 billion
> Total sales: $90.76 billion
> Profit: $5.45 billion
> Employment: 165,500

Chicago-based Boeing trails only Lockheed Martin in total arms sales. Boeing’s arms sales were also down from 2013 to $28.3 billion, a $2.4 billion decline. The global slowdown in arms sales is due largely to slipping arms spending in the United States and Western European nations, as well as poor economic conditions across the board, which likely also explains Boeing’s sales drop. Military equipment sales accounted for less than one-third of the company’s overall sales of $90.8 billion, one of the highest revenues of any company in the world. According to the company, it is the world’s largest aerospace company.

1. Lockheed Martin (NYSE: LMT)
> Arm sales:
$37.47 billion
> Total sales: $45.60 billion
> Profit: $3.61 billion
> Employment: 112,000

Lockheed Martin sold $37.5 billion worth of military equipment in 2014, the highest arms sales figure in the world. The massive arms supplier has also been the most profitable in the world by a large margin since 2009. The company has managed to continuously widen the distance from its competition since then, and will likely continue to do so. Last year, Lockheed acquired helicopter manufacturer Sikorsky Aircraft from United Technologies Corp. for $9 billion. With the acquisition of the Black Hawk-maker, Lockheed’s annual sales are expected to top $40 billion, and the company will become the world’s top helicopter manufacturer. While arms sales are down globally due in large part to slowing sales from U.S. and Western European companies, Lockheed Martin’s arms sales rose by 3.9% in 2014. Well over half of Lockheed Martin’s $45.6 billion 2014 revenue came from sales to the U.S. Defense Department.