The leading 100 arms producers in the world increased their sales of weapons by 1.9 percent to $592 billion in 2021. Here's the list of the world's largest weapons manufacturing companies.
On Friday, the US debuted a brand-new strategic bomber for the first time in almost 30 years in a closely-guarded display.
The nuclear-capable B-21 Raider, which is anticipated to go into service in 2027, is considered as a key component of the United States' reaction to China's military expansion. The expected price was also disclosed: Northrop Grumman, the plane's manufacturer, may estimate $700 million per aircraft.
Several other businesses will benefit from the deal, with the arms manufacturer claiming that 400 suppliers are involved. Raytheon Technologies, whose affiliate Pratt & Whitney will build the engines for the new stealth plane, is one of these.
Northrop Grunman and Raytheon are both listed among the world's largest arms manufacturers. Despite a 6% drop in arms sales...