15 Largest Weapon Manufacturers in the World

3. Northrop Grumman Corporation (NYSE:NOC)

Country of Origin: United States

Total Revenue in 2022: $36.6 billion

Arms Revenue in 2022: $32.3 billion

Share of Overall Revenue: 88%

Northrop Grumman Corporation (NYSE:NOC)’s arms revenue remained around the $32 billion dollar mark during both 2021 and 2022, however, a 19% drop in Boeing’s sales figures helped the company jump up from fourth spot to being the third largest weapon manufacturer in the world. Northrop Grumman Corporation (NYSE:NOC) is the maker of the strategic bomber, B-21 Raider.