© boeing - for illustrative purposes only Analysis | December 16, 2016
Global arms industry: USA remains dominant despite decline
Sales of arms and military services by the largest arms-producing and military services companies – the SIPRI Top 100 – totalled USD 370.7 billion in 2015 according to SIPRI.
The sales of arms and military services companies in the SIPRI Top 100 have fallen for the fifth consecutive year. However, at only a 0.6 per cent decline, the slight decrease may signal a possible reversal of the downward sales trend observed since 2011. US companies still way ahead despite falling revenues Companies based in the United States continue to dominate the Top 100 with total arms sales amounting to USD 209.7 billion for 2015. Arms sales by US companies in the Top 100 decreased by 2.9 per cent compared with 2014 – the fifth consecutive year of decline. ‘Lockheed Martin remains the largest arms producer in the world,’ says Aude Fleurant, Director of SIPRI’s Arms and Military Expenditure Programme. ‘However, US companies’ arms sales are constrained by caps on US military spending, delays in deliveries of major weapon systems and the strength of the US dollar, which has negatively affected export sales.’ Many of the larger US arms-producing companies divested their military services activities after 2010 due to falling demand. A number of the new, smaller companies created by this process have consolidated and have built up sufficient revenue to rank in the Top 100 for 2015; three such companies are CSRA, Engility and Pacific Architects and Engineers. List of the US companies
West European arms sales up in 2015 after falls in 2014
Arms sales by companies in Western Europe listed in the SIPRI Top 100 for 2015 rose by 6.6 per cent in real terms compared with 2014, with total combined revenues from arms sales amounting to USD 95.7 billion. This increase contrasts with the notable drop in West European companies’ revenues from arms sales recorded between 2013 and 2014.
The combined arms sales of the six French companies listed in the Top 100 totalled USD 21.4 billion in 2015, a rise of 13.1 per cent compared with 2014, when most of those companies recorded a fall in arms sales.
‘Major arms export deals in 2015, such as those to Egypt and Qatar, have increased French arms companies’ sales,’ says Fleurant. ‘A 67.5 per cent surge in arms sales by Dassault Aviation Group seems to be mainly the result of such exports.’
The three German companies listed in the Top 100 continued to increase their combined sales (by 7.4 per cent) in 2015. Companies in the Top 100 based in the United Kingdom reversed the downward trend recorded in 2014 with a 2.8 per cent rise in their combined arms sales in 2015.
List of the European companies
Continued growth in sales by the Russian arms industry
The combined arms sales of the 11 Russian companies in the 2015 Top 100 reached USD 30.1 billion, representing 8.1 per cent of the total Top 100 arms sales for 2015 and an increase of 6.2 per cent compared with 2014. Ten out of the 11 companies listed have increased their arms sales in 2015.
South Korea leading the rise of emerging producers in the Top 100
The significant growth in emerging producers’ arms sales is mostly attributable to South Korean companies, which increased sales by 31.7 per cent in 2015.
|1||Lockheed Martin Corp||41||CSRA|
|2||Boeing||Bell Helicopter Textron|
|5||Northrop Grumman Corp.||44||General Atomics|
|6||General Dynamics Corp.||56||Orbital ATK|
|BAE Systems Inc.||57||ManTech International Corp.|
|8||United Technologies Corp.||59||GenCorp|
|12||Huntington Ingalls Industries||62||Jacobs Engineering Group|
|18||Bechtel Corp.||70||DynCorp International|
|Pratt & Whitney||74||Oshkosh Corp.|
|20||Booz Allen Hamilton||77||Triumph Group|
|Sikorsky Aircraft Corp.||86||The Aerospace Corp.|
|27||General Electric||89||Teledyne Technologies|
|31||Science Applications International Corp.||90||MIT|
|34||CACI International||91||Alion Science & Technology|
|38||Rockwell Collins||99||Pacific Architects and Engineers|
|3||BAE Systems||Alenia Aermacchi|
|11||Thales||60||Polish Armaments Group|
|22||Babcock International Group||75||QinetiQ|
|47||Dassault Aviation Group||97||CMI Groupe|
|13||Almaz-Antey||50||United Engine Corp.|
|17||United Aircraft Corp.||51||KRET|
|19||United Shipbuilding Corp.||UMPO|
|35||Tactical Missiles Corp.||Admirality Shipyards|
|48||United Instrument Manufacturing||98||RTI Group|
|49||High Precision Systems|
|28||Mitsubishi Heavy Industries (Japan)||69||ASELSAN (Turkey)|
|29||Elbit Systems (Israel)||71||Hanwha Corp. (South Korea)|
|32||Israel Aerospace Industries (Israel)||72||Austal (Australia)|
|36||Hindustan Aeronautics (India)||76||Mitsubishi Electric Corp. (Japan)|
|37||Kawasaki Heavy Industries (Japan)||78||Turkish Aerospace Industries (Turkey)|
|39||Indian Ordnance Factories (India)||81||UkrOboronProm (Ukraine)|
|52||LIG Nex1 (South Korea)||88||Embraer (Brazil)|
|53||ST Engineering (Singapore)||92||CAE (Canada)|
|54||Korea Aerospace Industries (South Korea)||96||Poongsan Corp. (South Korea)|
|65||Hanwha Techwin (South Korea)||100||Hanwha Thales (South Korea)|
|67||DSME (South Korea)|
|68||Bharat Electronics (India)|
New electric vehicle battery cell facility in Lordstown Construction has started with ground prep activities for the future site of the Ultium battery cell manufacturing facility in Lordstown.
Morrow Batteries to build the first giga battery cell factory in Norway Morrow Batteries says it will build battery cell production in Norway in order to meet increasing market demand and lead the drive for more sustainable batteries.
Groupe PSA and Punch Powertrain team up on electrification Groupe PSA and Punch Powertrain have signed an agreement to establish a second Joint Venture and expand their strategic partnership in the field of electrification, to contribute to fight against climate change.
Aspocomp starts phase two of its plant investment in Oulu Finnish PCB manufacturer company Aspocomp, has been granted a total of EUR 1.35 million in development support by the ELY Center for the implementation of the second phase of its Oulu plant investment.
Global semiconductor sales down 1.2 percent in April 2020 Global semiconductor sales in April 2020 were USD 34.434 billion, up 6.1% versus the same month in 2019, says the European Semiconductor Industry Association (ESIA).
Cobham RAD sold to Radiation Test Solutions Cobham Advanced Electronic Solutions says that it has sold its Cobham RAD radiation testing business in Colorado Springs, to Radiation Test Solutions, Inc. (RTS).
Construction starts at Kyungshin new factory in Serbia The South Korean automotive company has initiated the construction of its new facility in the municipality of Smederevska Palanka in Serbia – once completed 700 new jobs will be created.
Manz is expanding within its contract manufacturing segment The German engineering company says it is registering lively interest in contract manufacturing from a wide range of industries. Manz is thus further expanding its business in the contract manufacturing segment at its locations in Slovakia and China.
Celestica to manufacture ventilators for the Canadian market EMS provider Celestica has won a program to build 7,500 ventilators for StarFish Medical Inc., a Canadian medical device company, at Celestica’s operation in Newmarket, Ontario.
Ouman Estonia starts an expansion project Despite the current uncertain economical environment, Ouman says it believes in a brighter future and that the company is proud of the performance in its factories.
Reshaping production post COVID-19 As manufacturers re-open after COVID-19 related lockdowns, economic and supply chain disruptions may be felt beyond 2020. How companies shift in the short-term and plan for the long-term will be factors in defining “new normal” for the component industry.
Swedish EG Electronics acquires WEAB EG Electronics AB, a KAMIC Group company, has acquired all the shares in WEAB, Wermlands Elektronik AB.
ZF completes its acquisition of WABCO ZF Friedrichshafen AG has successfully completed the acquisition of commercial vehicle technology supplier WABCO, having gained approval from all required regulatory authorities.
Romanian EMS provider expands as it relocates Romanian EMS-Electra has successfully finalised the process of relocating to a new building, in the industrial area of Iasi, Romania.
Circuit Check partners with major healthcare company to build ventilators In early March, when a long-standing customer to the company, a major healthcare company approached Circuit Check to partner together to build over a dozen tests systems to assist in the COVID-19 efforts, Circuit Check responded quickly to the challenge.
TI maintains firm grip as world's top analog IC supplier TI's 2019 analog marketshare grew to 19% and ST climbed to fourth place as the top-10 suppliers collectively accounted for 62% of total analog sales.
Big Ass Fans adds third Hentec/RPS machine Complementing the purchase of two Hentec Industries/RPS Automation Vector 300 selective soldering machines in 2018, Big Ass Fans (BAF), a high-volume, low- speed (HVLS) airflow manufacturer, has just added a third machine to its factory in Newman Lake, Washington.
CE3 Electronics Inc. taps MIRTEC for 3D AOI technology Canada-based CE3 Electronics has purchased a MIRTEC MV-6 OMNI 3D AOI machine.
Gémosz is still looking to grow – but the pandemic brought new perspectives Winston Churchill famously said, “Never let a good crisis go to waste”. While this was said in a vastly different context than the current crisis of the COVID-19 pandemic, there is still truth to the fact that a crisis not only allows for change – but sometimes forces it.
North American PCB industry sales up 4.3% in April The IPC says that total North American PCB shipments in April 2020 were up 4.3% compared to the same month last year. Compared to the preceding month, April shipments fell 18.2%.
Volkswagen intensifies e-mobility activities in China Volkswagen has initiated the next chapter for its business in China. The automotive giant plans to increase its share in JAC Volkswagen, its joint venture for e-mobility.
GPV Selects Aegis as global smart factory partner Driven originally by accelerating customer expectations for traceability, GPV has selected Aegis’ FactoryLogix Smart digital manufacturing solution, targeting multiple values and benefits.
REDCOM EMS expands certification for medical device manufacturing New York-based REDCOM EMS has secured ISO 13485:2016 certification, complementing the company’s existing ISO 9001:2015 and AS9100D certifications.Load more news