15 Largest Defence Companies in the World

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6. Aviation Industry Corporation of China

Total revenue in 2019 (in billions of dollars): 25,075

Total revenue in 2018 (in billions of dollars): 24,902

Another Chinese state owned defence and aerospace company, the Aviation Industry Corporation of China is the largest defence company in China with over $25 billion in revenue in 2019. The company employs half a million people across the world and has over 100 subsidiaries with 27 listed companies. It’s total revenue was $65 billion of which $25 billion was attributable to defence and like most state owned Chinese giants, was founded in the 1990s, 1993 to be more specific.

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Disclosure: No positions. 15 Largest Defence Companies in the World is originally published on Insider Monkey.

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