On the 4th local time, the Stockholm International Peace Research Institute (SIPRI) in Sweden released a report saying that despite the surge in demand due to factors such as the Ukraine crisis, the sales of the world's 100 largest military industrial enterprises and military services will decrease in 2022 due to the impact of problems such as the ** chain. However, the think tank expects a surge in undelivered orders and new contracts means that global defense companies' revenues could grow significantly in the coming years.
According to the report, in 2022, 42 U.S. companies ranked among the top 100 largest military companies in the world, with Lockheed Martin, Raytheon, Northrop Grumman, Boeing and General Dynamics continuing to rank in the top 5 by revenue. The total revenue of the top U.S. companies on the list is as high as 302 billion US dollars, accounting for 51% of the total revenue of all companies on the list. During the same period, the revenue of the 26 military enterprises in Europe increased by 09% to $121 billion.
According to the report, although global geopolitical tensions have pushed up the growth of demand for military equipment in 2022, many European and American companies have not been able to significantly increase production capacity due to labor shortages, soaring costs, and chain disruptions. This year, the overall revenue of the 42 military enterprises on the list in the United States fell by 7 percent year-on-year9%。
SIPRI also said that in 2022, the revenue of military enterprises in Asia, Oceania and the Middle East increased significantly. The 22 military-industrial enterprises in Asia and Oceania on the list increased their revenues by 31%, and total income is higher than that of Europe for the second year in a row. Military enterprises in the Middle East saw the largest increase in revenue, with the total revenue of the seven companies on the list reaching $17.9 billion, an increase of 11% year-on-year.
The income of medium-sized industrial enterprises has received some attention. Hong Kong's "South China Morning Post" said on the 4th that 8 Chinese companies entered the list, with total revenue growth of 27%, to $108 billion, accounting for 18% of the revenue of the 100 companies on the list. Military expert Song Zhongping told the "Global Times" reporter on the 4th that there are many reasons for the growth of the income of China's leading industrial enterprises, such as China's need to improve its military capabilities to cope with the complex international security environment, and the squadron is in a period of equipment upgrading. Song Zhongping said: China's military development is legitimate and reasonable for the purpose of safeguarding national sovereignty, security, and development interests, and is completely different from the purpose of the United States in developing its military strength for the purpose of maintaining global hegemony.
Global Times reporter Zhao Juehui.