Lockheed Martin's Weapon Sales Reach US$53 Billion, Highest in the World
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The American company, Lockheed Martin, successfully sold US$53.2 billion worth of weapons in 2019. This figure was the highest in the world, far exceeding Boeing (US$33.6 billion) and Northrop Grumman (US$29.2 billion).
Lockheed Martin has consistently led in weapons sales value over the past five years. Its value has also steadily increased from approximately US$36 billion in 2014 and 2015.
Two other US companies also recorded high weapons sales values during the same period: Raytheon with US$25.3 billion and General Dynamics with US$24.5 billion.
Meanwhile, AVIC from China and BAE Systems from the UK each sold weapons in the range of US$22 billion. This was followed by CETC with US$15.1 billion, NORINCO Group with US$14.5 billion, and L3Harris Technologies with US$13.9 billion.
Global weapons sales totaled US$360.9 billion. This total sales figure came from 25 weapons companies in 2019. This represents an 8.7% increase compared to the previous year's US$332 billion.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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