Top 10 companies profiting big time from deadly wars

Mildred Europa Taylor Apr 20, 2019 at 01:00pm

April 20, 2019 at 01:00 pm | Money Moves

Mildred Europa Taylor

Mildred Europa Taylor | Head of Content

April 20, 2019 at 01:00 pm | Money Moves

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Lockheed Martin Corp.

The American aerospace and defense company is the largest defense contractor in the world. In 2017, it made $44.9 billion in arms and defense contracts, almost twice the amount of arms sales at Boeing. More than $35 billion of the company’s arms sales in 2017 came from the U.S. government. Lockheed Martin makes military aircrafts, including the F-16, F-22, and F-35 fighter jets, as well as, ships, sonar technologies, ships, and missiles used by the Navy, said 24/7 Wall St.

Arms sales: $44.9 billion
Total sales: $51.0 billion
Profit: $2.0 billion
Employees: 105,000

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