![](https://247wallst.com/wp-content/uploads/2021/12/General-Dynamics-Corp..jpg)
5. General Dynamics Corp.
> Arms sales; 2021: $26.4 billion (approx. 69% of annual company revenue)
> 1-yr. change in arms sales (inflation adj.): -2.1%
> Company headquartered in: United States
![](https://247wallst.com/wp-content/uploads/2022/10/Northrop-Grumman-Space-And-Mission-Systems-Corporation.jpg)
4. Northrop Grumman Corp.
> Arms sales; 2021: $29.9 billion (approx. 84% of annual company revenue)
> 1-yr. change in arms sales (inflation adj.): -5.8%
> Company headquartered in: United States
![](https://247wallst.com/wp-content/uploads/2022/10/imageForEntry23-Pev.jpg)
3. Boeing
> Arms sales; 2021: $33.4 billion (approx. 54% of annual company revenue)
> 1-yr. change in arms sales (inflation adj.): -2.1%
> Company headquartered in: United States
![](https://247wallst.com/wp-content/uploads/2021/12/imageForEntry19-o5K.jpg)
2. Raytheon Technologies
> Arms sales; 2021: $41.9 billion (approx. 65% of annual company revenue)
> 1-yr. change in arms sales (inflation adj.): +9.1%
> Company headquartered in: United States
![](https://247wallst.com/wp-content/uploads/2022/10/imageForEntry25-2XV.jpg)
1. Lockheed Martin Corp.
> Arms sales; 2021: $60.3 billion (approx. 90% of annual company revenue)
> 1-yr. change in arms sales (inflation adj.): -0.6%
> Company headquartered in: United States