Special Report
20 Companies Profiting the Most From War
February 13, 2017 3:22 pm
Last Updated: January 12, 2020 2:52 pm
20. Booz Allen Hamilton
> Arms sales: $3.90 billion
> Total sales: $5.40 billion
> Profit: $294 million
> Employees: 22,600
Management, technology, consulting, and engineering company Booz Allen Hamilton has worked closely with U.S. defense agencies since WWII. It is one of the top military equipment contractors in the world. According to the company, $2.6 billion of its fiscal 2016 revenue came from defense clients, roughly half of total revenue. SIPRI pegs total arms sales from Booz Allen at $3.9 billion in 2015.
A significant portion of Booz Allen Hamilton’s military-related procurements is related to cybersecurity. Based on analysis from the company, cybersecurity threats will continue to increase in the United States and around the world.
19. United Shipbuilding Corp.
> Arms sales: $4.51 billion
> Total sales: $5.20 billion
> Profit: $230 million
> Employees: 80,000+
United Shipbuilding Corp. is one of three Russian companies to report more than $4 billion in revenue from arms deals alone in 2015. Total weapons sales at the company, Russia’s largest shipbuilder, were up $159 million from 2014. The company manufactures more than two dozen different military submarines and warships for the Russian Navy and customers abroad, in addition to several vessels for commercial use.
The company was established in early 2007 in accordance with a decree issued by President Vladimir Putin.
18. Bechtel Corp.
> Arms sales: $4.60 billion
> Total sales: $32.30 billion
> Profit: N/A
> Employees: 53,000
Bechtel is a private engineering firm that builds critical infrastructure, provides environmental cleanup and management services, operates dozens of mining operations, and serves as defense contractor in 160 countries. Defense contracts accounted for 14% of the company’s 2015 sales, a relatively low share compared with other major defense companies.
The company has contracts with both the U.S. Navy and Department of Defense, developing nuclear propulsion systems for submarines and aircraft carriers and disassembling retired chemical weapons.
17. United Aircraft Corp.
> Arms sales: $4.61 billion
> Total sales: $5.77 billion
> Profit: -$1.79 billion
> Employees: N/A
United Aircraft Corp. is one of three Russian companies to report at least $4 billion in annual weapons sales. Despite lucrative military contracts, the company is in the red, posing a $1.79 billion loss in 2015. United Aircraft has lost money in each of the four prior years as well. The company attributed its losses to its emphasis on long-term investment and growth, and anticipates profitability by 2025.
United Aircraft manufactures a range of civil and transport aircraft. However, weapons and military aircraft, including the iconic MiG fighter jet, account for some 80% of the company’s sales.
16. Rolls-Royce
> Arms sales: $4.79 billion
> Total sales: $20.40 billion
> Profit: $1.65 billion
> Employees: 50,500
The Rolls-Royce brand is typically associated with luxury automobile manufacturing. However, a significant portion of the company’s business is power systems development, ranging from nuclear propulsion for naval vessels to jet engines.
Rolls-Royce manufactures a dozen engines that power military helicopters and fighter jets, as well as the U.S. Air Force’s C-130 Hercules military transport aircraft. Defense contracts accounted for over one-fifth of the company’s total 2015 revenue. The London-based company is the second largest defense contractor in the U.K.
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