Lockheed Remains Top in Weapon-Sales Ranking Amid Russian Rise

Lockheed Martin Corp., Boeing Co. and BAE Systems Plc remained the top three global armsmakers even as suppliers from South Korea, Brazil and Russia made inroads in a market that contracted for a second year. Sales of weapons and services by the 100 largest suppliers fell 4.2 percent in real terms to $395 billion in 2012 after a 6.6 percent retreat in the previous year, the Stockholm International Peace Research Institute said in a review that excludes Chinese manufacturers.

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