5 Biggest Defense Companies in Asia

2. China State Shipbuilding Corp. (CSSC)

Revenue in 2023: $51.79 billion

China State Shipbuilding Corp. (CSSC) is a state-owned corporation in China and one the largest shipbuilding companies in the world. China State Shipbuilding Corp. (CSSC) operates various shipyards, manufacturing facilities, research institutes, and shipbuilding-related companies that build both civilian and military ships, contributing to China’s naval and commercial shipping sector. According to Fortune, China State Shipbuilding Corp. (CSSC) generated a revenue of $51.79 billion in 2023.