Special Report
The World's Fastest-Growing Weapons Manufacturers
May 19, 2023 11:13 am
Last Updated: May 19, 2023 11:15 am
5. TransDigm Group (United States)
> Defense-related revenue growth, 2017 to 2021: +83.2%
> Defense-related revenue, 2021: $2.4 billion (50.0% of total revenue)
> Defense-related revenue, 2017: $1.3 billion (34.0% of total revenue)
> Founded: 1993
> Notable business: DART Aerospace mission critical equipment
4. KBR (United States)
> Defense-related revenue growth, 2017 to 2021: +83.2%
> Defense-related revenue, 2021: $3.5 billion (48.1% of total revenue)
> Defense-related revenue, 2017: $1.9 billion (42.0% of total revenue)
> Founded: 1901
> Notable business: Joint Attack Munitions Systems (JAMS)
3. Jacobs Engineering Group (United States)
> Defense-related revenue growth, 2017 to 2021: +105.9%
> Defense-related revenue, 2021: $2.0 billion (14.5% of total revenue)
> Defense-related revenue, 2017: $991.0 million (9.0% of total revenue)
> Founded: 1947
> Notable business: Logistical support for MARSOC
2. ASELSAN (Turkey)
> Defense-related revenue growth, 2017 to 2021: +109.7%
> Defense-related revenue, 2021: $2.2 billion (94.8% of total revenue)
> Defense-related revenue, 2017: $1.0 billion (95.9% of total revenue)
> Founded: 1975
> Notable business: Stabilized Advanced Remote Weapon Platform (SARP)
1. CSSC (China)
> Defense-related revenue growth, 2017 to 2021: +114.9%
> Defense-related revenue, 2021: $11.1 billion (20.9% of total revenue)
> Defense-related revenue, 2017: $5.2 billion (20.0% of total revenue)
> Founded: 1982
> Notable business: Type 730C Dual Gun and Missile CIWS
Sponsored: Find a Qualified Financial Advisor
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.