15 Largest Defence Companies in the World

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8. China North Industries Group Corporation Limited

Total revenue in 2019 (in billions of dollars): 14,771

Total revenue in 2018 (in billions of dollars): 14,777

This is a Chinese state owned defence contractor and was founded in 1988, 32 years ago. While it also has a range of civil applications, its fame and revenues are mostly derived from its military products and military defense projects. As you can see, it’s revenue has barely changed at all year on year, and even that is enough to ensure that it is considered as one of the largest defence companies in the world.

Pixabay/Public Domain

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