Companies Profiting the Most From War

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20. CSGC
> Arms sales; 2021: $5.9 billion (approx. 13% of annual company revenue)
> 1-yr. change in arms sales (inflation adj.): +1.5%
> Company headquartered in: China

Source: Rob Schleiffert from Holland / Wikimedia Commons

19. Dassault Aviation Group
> Arms sales; 2021: $6.3 billion (approx. 73% of annual company revenue)
> 1-yr. change in arms sales (inflation adj.): +58.9%
> Company headquartered in: France

Source: Courtesy of Leidos via Facebook

18. Leidos
> Arms sales; 2021: $8.0 billion (approx. 58% of annual company revenue)
> 1-yr. change in arms sales (inflation adj.): +4.9%
> Company headquartered in: United States

Source: Public Domain Dedication / Public Use Notice of Limitations: https://www.dvidshub.net/about/copyright

17. Huntington Ingalls Industries
> Arms sales; 2021: $8.6 billion* (approx. 90% of annual company revenue)
> 1-yr. change in arms sales (inflation adj.): -0.3%
> Company headquartered in: United States
> *Note: Huntington Ingalls Industries was renamed HII in 2022.

Source: HJBC / iStock Editorial via Getty Images

16. Thales
> Arms sales; 2021: $9.8 billion (approx. 51% of annual company revenue)
> 1-yr. change in arms sales (inflation adj.): +2.1%
> Company headquartered in: France

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