Companies Who Profit From War


Stockholm International Peace Research Institute (SIPRI), 24/7 Wall St. reviewed the 10 companies with the most military sales worldwide.   It found that these 10 companies  benefited tremendously from the growth in military spending in the U.S., which by far has the largest military budget in the world. In 2000, the U.S. defense budget was approximately $312 billion. By 2011, the figure had grown to $712 billion. Arm sales grew alongside general defense spending growth. SIPRI noted that between 2002 and 2011, arms sales among the top 100 companies grew by 51%.   If only this money had been spent on peaceful purposes, think of how much better shape our economy and society would be in today.

1. Lockheed Martin (LMT) — aircraft, electronics, missiles, space
Arm sales:$36.3 billion, total sales: $46.5 billion
Gross profit: $2.7 billion, total workforce, 123,000

2. Boeing (BA) — aircraft, electronics, missiles, space
Arm sales: $31.8 billion, total sales: $68.7 billion
Gross profit: $4 billion, total workforce: 171,700

3. BAE Systems — aircraft, artillery, electronics, vehicles, missiles, ships
Arm sales: $29.2 billion, total sales: $30.7 billion
Gross profit: $2.3 billion, total workforce: 93,500

4. General Dynamics (GD) — artillery, electronics, vehicles, small arms, ships
Arm sales: $23.8 billion, total sales: $32.7 billion
Gross profit: $2.5 billion, total workforce: 95,100

5. Raytheon (RTN) — electronics, missiles
Arm sales: $22.5 billion, total sales: $24.9 billion
Gross profit: $1.9 billion, total workforce: 71,000

6. Northrop Grumman (NOC) — aircraft, electronics, missiles, ships, space
Arm sales: $21.4 billion, total sales: $26.4 billion
Gross profit: $2.1 billion, total workforce: 72,500

7. EADS — aircraft, electronics, missiles and space
Arm sales: $16.4 billion, total sales: $68.3 billion
Gross profit: $1.4 billion, total workforce: 133,120

8. Finmeccanica — aircraft, artillery, engines, electronics, vehicles and missiles
Arms sales, $14.6 billion, total sales: $24.1 billion
Gross profit: $ -3.2 billion, total workforce: 70,470

9. L-3 Communications (LLL) — electronics
Arm sales: $12.5 billion, total sales: $15.2 billion
Gross profit: $956 million, total workforce: 61,000

10. United Technologies ( UTX) — aircraft, electronics, engines
Arm sales: $11.6 billion, total sales: $58.2 billion
Gross profit: $5.3 billion, total workforce: 199,900

Read More: WUSA9

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