In December 2025, the Stockholm International Peace Research Institute (SIPRI) issued its 2024 list of the biggest arms producers. SIPRI’s data shows that annual revenue from sales of weapons and military services by the 100 top war profiteers rose in 2024 to a record $679 billion, “the highest level ever recorded by SIPRI,” said Lorenzo Scarazzato of SIPRI’s Military Expenditure and Arms Production Program. In 2024, the combined arms revenues of 39 U.S. companies in the top 100 reached $334 billion. These weapons dealing giants include Lockheed Martin (F-35 jet fighter), Northrop Grumman (Sentinel intercontinental ballistic missiles), and General Dynamics (Columbia class ballistic missile submarines). The three Israeli arms companies in the ranking increased their combined arms revenues to $16.2 billion. “The growing backlash over Israel’s actions in Gaza seems to have had little impact on interest in Israeli weapons,” said Zubaida Karim, researcher with the SIPRI Military Expenditure and Arms Production Program. — The new data is available from SIPRI, www.sipri.org.
Leave a Reply