Figure 1. Total arms revenues of companies in the SIPRI Top 100, 2015–24

Note: The data in this graph refers to the companies in the SIPRI Top 100 in the respective year (meaning that the data covers a different set of companies each year), except the data for 2023 and 2024, which refers to the set of companies listed in 2024 (where data for both years is available). The series begins in 2015, the first year that SIPRI started to include Chinese companies.

Source: SIPRI Arms Industry Database, Dec. 2025.