Special Report
The World's Fastest-Growing Weapons Manufacturers
May 19, 2023 11:13 am
Last Updated: May 19, 2023 11:15 am
25. Huntington Ingalls Industries (United States)
> Defense-related revenue growth, 2017 to 2021: +20.3%
> Defense-related revenue, 2021: $8.6 billion (90.0% of total revenue)
> Defense-related revenue, 2017: $7.1 billion (87.0% of total revenue)
> Founded: 2011
> Notable business: Arleigh Burke-class destroyer
24. Bharat Electronics (India)
> Defense-related revenue growth, 2017 to 2021: +21.0%
> Defense-related revenue, 2021: $1.8 billion (89.8% of total revenue)
> Defense-related revenue, 2017: $1.5 billion (84.2% of total revenue)
> Founded: 1954
> Notable business: Akash missile system
24/7 Wall St.
23. Northrop Grumman Corporation (United States)
> Defense-related revenue growth, 2017 to 2021: +21.3%
> Defense-related revenue, 2021: $29.9 billion (83.8% of total revenue)
> Defense-related revenue, 2017: $24.6 billion (86.7% of total revenue)
> Founded: 1994
> Notable business: B-2 Spirit Stealth Bomber
Source: Public Domain / Wikimedia Commons
22. Singapore Technologies Engineering (Singapore)
> Defense-related revenue growth, 2017 to 2021: +22.8%
> Defense-related revenue, 2021: $2.2 billion (37.7% of total revenue)
> Defense-related revenue, 2017: $1.8 billion (34.9% of total revenue)
> Founded: 1967
> Notable business: SAR-21 assault rifle
Source: Public Domain / Wikimedia Commons
21. Saab (Sweden)
> Defense-related revenue growth, 2017 to 2021: +24.6%
> Defense-related revenue, 2021: $4.1 billion (89.6% of total revenue)
> Defense-related revenue, 2017: $3.3 billion (84.0% of total revenue)
> Founded: 1945
> Notable business: Next-generation light anti-tank weapon (NLAW)
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
Editors' Picks
