15 Largest Defence Companies in the World

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13. China Shipbuilding Industry Corporation

Total revenue in 2019 (in billions of dollars): 11,019

Total revenue in 2018 (in billions of dollars): 9,795

Select any industry and search for the largest companies in the world for that industry and you will find at least a few unimaginatively named state owned Chinese giants, and the defence industry holds true to this personal observation. China Shipbuilding Industry Corporation was found 21 years ago in 1999, and is headquartered in Beijing and its main involvement in the defence industry pertains to the building of warships for the nation.

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