For the first time, the turnover of arms manufacturing companies in 2009 exceeded $ 400 billion, an increase of 8% over 2008 and 59% compared to 2002. The figures are contained in the annual report of SIPRI, the Peace Research Institute in Stockholm.
The U.S. holds 61% of turnover, with 8 companies in the top ten. Among the most important companies Lockheed, Boeing and British Bae Systems. The Italian Finmeccanica is eighth in this special standing with 13 billion dollars and 3.3% of the market share.
“This is the 8th year in which Russian companies have been covered by the SIPRI Top 100. There may be other Russian companies that should be in the list but for which insufficient data is available. Figures for Russian companies are from the Centre for Analysis of Strategies and Technologies (CAST), Moscow.
This is the first year in which United Aircraft Corporation (UAC) and United Engine Corporation (UEC)—the two new main Russian state-owned conglomerates—reported parent company figures and subsidiary figures. In previous years, these figures were reported separately for each subsidiary or not reported at all. This year figures for Irkut, MiG and Sukhoi are reported as subsidiaries of UAC. UEC also reported overall arms sales figures. Although reported as a parent company here, Vertolety Rossii is a subsidiary of OPK Oboronprom.”
For more detail on Russian arms-producing industry consolidation, see Jackson, S., ‘Arms production’ SIPRI Yearbook 2010; and Perlo-Freeman, S. et al., ‘The SIPRI Top 100 arms-producing companies, 2007’, SIPRI Yearbook 2009, pp. 286–87.
Report – SIPRI – Stockholm –
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