Weapon sales progressed in 2020 for sixth year in a row

American sector giants have captured 54% of a € 472 billion market, far from European companies, which represent 21% of the market.

by

Americans, Russians, French or Chinese armaments have not had too much to suffer from the sanitary crisis in 2020, which has, however, plunged the world economy of 3.1%. In its Annual report Posted on Tuesday, December 7 , the International Peace Research Institute of Stockholm, Sipri, announces that weapon sales, growth for six years, beat a new record.

Thanks in particular to the orders of their respective states, the turnover of the first hundred weapons companies increased by 1.3% to $ 531 billion (472 billion euros), and 17% since 2015, when the Institute has integrated Chinese business data for the first time.

The COVID-19 has no less disrupted the supply chains of the sector and caused a shift of the delivery of certain materials, penalizing French companies like Thales. Some states had to anticipate orders to support their industries in the hollow of the wave.

Homes of tension remain numerous and support the activity of the sector: Middle East, Eastern Mediterranean, Indo-Pacific, Ukraine … The United States, which align forty-one companies on the century of the panel, are still carved The lion’s share with $ 285 billion (253 billion euros), or 54% of total sales, compared with $ 109 billion for the twenty-six European companies (21%) and 26.4 billion for the nine Russian companies ( 5%).

Power of China

Five American giants dominate: Lockheed Martin (who sells combat aircraft F-35, missiles, including) consolidates the first place held since 2009 with 58.2 billion sales; It is followed by Raytheon Technologies (36.8 billion), which has become number two after its merger with United Technologies’ military activities in April 2020, then Boeing, Northrop Grumman and General Dynamics. The Swedish Institute also notes a wave of consolidation “particularly pronounced in the spatial” on the Atlantic.

The British Bae Systems is the first European (6 e ) and allows the United Kingdom to appear in the third world place, while Larbus is located at the e place. Sign of its rise, China Norinco place (7 e ), AVIC (8 e ) and CETC (9 e ) in the first ten of the ranking. The five Chinese companies of the Top 100 bring near nearly 67 billion turnover, or 13% of the total (4.7% for France). Has an important modernization program of the People’s Liberation Army adds, according to SIPRI, a desire for technological autonomy.

You have 45.07% of this article to read. The rest is reserved for subscribers.

/Media reports.