STOCKHOLM INTERNATIONAL
PEACE RESEARCH INSTITUTE
The independent resource on global security

The SIPRI Top 100 Arms-producing and Military Services Companies, 2023

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The combined arms revenues of the world’s largest arms-producing and military services companies (the SIPRI Top 100) increased by 4.2 per cent in 2023 to reach $632 billion. The total arms revenues of the Top 100 grew by 19 per cent between 2015 and 2023.

This fact sheet lists the SIPRI Top 100 for 2023 from the updated SIPRI Arms Industry Database and describes the trends in the industry’s arms revenues that are revealed by the new data.

ABOUT THE AUTHOR(S)/EDITORS

Lorenzo Scarazzato
Lorenzo Scarazzato is a Researcher with the SIPRI Military Expenditure and Arms Production Programme.
Nan Tian
Dr Nan Tian is a Senior Researcher and Programme Director of the SIPRI Military Expenditure and Arms Production Programme.
Dr Diego Lopes da Silva
Dr Diego Lopes da Silva is a Senior Researcher with the SIPRI Military Expenditure and Arms Production Programme.
Xiao LIANG
Xiao Liang is a Researcher with the SIPRI Military Expenditure and Arms Production Programme.
Katarina D
Katarina Djokic is a Researcher with the SIPRI Arms Transfers Programme.