Special Report
The World's Fastest-Growing Weapons Manufacturers
May 19, 2023 11:13 am
Last Updated: May 19, 2023 11:15 am
Source: hernan4429 / iStock via Getty Images
10. Curtiss-Wright Corporation (United States)
> Defense-related revenue growth, 2017 to 2021: +40.8%
> Defense-related revenue, 2021: $1.4 billion (55.1% of total revenue)
> Defense-related revenue, 2017: $980.0 million (39.2% of total revenue)
> Founded: 1929
> Notable business: Aerospace actuators
9. Leonardo (Italy)
> Defense-related revenue growth, 2017 to 2021: +44.0%
> Defense-related revenue, 2021: $13.9 billion (83.0% of total revenue)
> Defense-related revenue, 2017: $9.6 billion (68.2% of total revenue)
> Founded: 1948
> Notable business: Lionfish naval turret family
Source: Public Domain / Wikimedia Commons
8. Safran (France)
> Defense-related revenue growth, 2017 to 2021: +56.6%
> Defense-related revenue, 2021: $5.1 billion (28.0% of total revenue)
> Defense-related revenue, 2017: $3.2 billion (15.3% of total revenue)
> Founded: 2005
> Notable business: AASM Hammer missile
7. Fincantieri (Italy)
> Defense-related revenue growth, 2017 to 2021: +65.4%
> Defense-related revenue, 2021: $3.0 billion (36.5% of total revenue)
> Defense-related revenue, 2017: $1.8 billion (29.3% of total revenue)
> Founded: 1959
> Notable business: Logistics Support Ship (LSS)
Source: Public Domain / Wikimedia Commons
6. Leidos (United States)
> Defense-related revenue growth, 2017 to 2021: +66.5%
> Defense-related revenue, 2021: $8.0 billion (58.5% of total revenue)
> Defense-related revenue, 2017: $4.8 billion (43.1% of total revenue)
> Founded: 1969
> Notable business: Small Glide Munition, Common-Hypersonic Glide Body
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