5 Largest Defense Contractors in the World in 2022

In this article we are going to list the 5 largest defense contractors in the world in 2022. For a detailed coverage of this topic and a more comprehensive list please take a look at the 15 largest defense contractors in the world in 2022.

5. China North Industries Group

Total revenue (in millions of dollars): 81,785

Total profits (in millions of dollars): 1,742

Total assets (in millions of dollars):  76,538

Total number of employees: 213,957

The Chinese state-owned defense company kicks off our top five defense contractors in the world in 2022. Headquartered in Beijing, the unimaginatively named China North Industries Group was established in 1980 and has the highest number of employees of any defense company. The company has often been sanctioned by the United Staes, with the first sanctions being imposed in 1993 and is currently under sanctions imposed by President Trump, which have been continued by President Biden.