![PGZ is among the top 100 weapons manufacturers in the world. China is rising [KOMENTARZ]](https://www.moviesonline.ca/wp-content/uploads/2022/08/1660067175_PGZ-is-among-the-top-100-weapons-manufacturers-in-the.jpg)
Photo by Mateusz Zielonka / Defense24.pl.
Polska Grupa Zbrojeniowa took 70th place in the “Top 100” rating of the largest defense companies prepared by Defense News, in which the group was included for the first time.
The war in Ukraine – a special report from Defense24.pl
Defense News Top 100 is a rating of defense sector companies compiled on the basis of available data on revenue from activities in the industry. It is considered an important indicator on the basis of which it is possible to estimate trends in the global arms sector, despite the limited comparability and data availability, which is characterized by all these comparisons, especially from countries such as China or Russia. The ranking relates to financial statements for 2021, therefore, as a rule, it does not include information about the effects of the war in Ukraine.
The top five places in the ranking are always American companies. Just like last year (and in earlier periods), highest place Occupied by Lockheed Martin, with defense revenue of $64.5 billion, an increase of 3%. compared to the previous year. Raytheon Technologies, Boeing, Northrop Grumman and General Dynamics are next.
However, it should be noted already Sixth place Taking Chinese China Aviation Industry Corporation. It is also the only non-US company with more than $30 billion in defense revenues. Interestingly, activity in the private sector is only 37 percent. Its sales, far below the US companies in the top five. The top ten includes other Chinese players and only one European (BAE Systems), and the combined total defense revenue of Chinese companies included in the ranking (117 billion US dollars) exceeds the 110 billion US dollars in NATO countries outside the United States, including Canada and Turkey, in the ranking.
It should be noted that in the case of European companies data from the financial statements were used, while in the case of Chinese companies this was done London IISS . estimates. When it comes to Russian Entities, the data was provided by only one organization – Tactical Missiles Corporation, whose “defense” revenue increased from about $3 to almost $4 billion, other companies were not included. Years to appreciate their revenue, as in the case of Chinese companies, because early Western journalists had some access to Russian companies, for example at industrial events.
Market trends
Comments confirm that the largest companies in the defense sector have struggled with it Increase in component prices and labor costs, It has been the year of the coronavirus pandemic and supply chain problems. Despite this, as a rule, American leaders recorded a small increase in revenue, not exceeding a few percentage points. Also, looking at the sales dynamics compared to 2020, you can see the increasing share of entities from the People’s Republic of China. For example, the three Chinese companies in the top ten increased their defense sales by more than 15 percent compared to 2020.
It is clear that corporate revenue from the defense sector is derived from the defense budgets of individual countries, and for exporters – also in the global market, especially among allies. The market is quite standardized, because 52 percent. The proceeds of the “Top 100” go to ten major companies, Which, however, is the effect The large defense spending of the United StatesBut also the presence of domestic industry in global markets. Therefore, considering that after the outbreak of a large-scale war in Ukraine, NATO countries, especially those in Central and Eastern Europe, are increasing their defense budgets, one should expect Increase defense industry revenue from NATO countries.
Two out of three companies are from The Republic of KoreaWhich – in accordance with the framework agreements recently concluded – to supply the Polish armed forces with military equipment and weapons. This is Korea Aerospace Industries, which produces FA-50 aircraft, with a revenue of 1.709 billion US dollars, ranking 59th, and the manufacturer of the K9 howitzer, IFV AS-21 and K21 Hanwha Defense with a turnover of 4.786 billion US dollars, ranking 30. The third company from the Republic of Korea is LIG Nex1, which, among other things, specializes in the field of missile technology, with a turnover of $1.590 billion, which ranked 62nd.
It was also included in the ranking for the first time in history Polska Group Zbrujniwa. It posted defense revenues of $1.283 billion, ranking it at number 70. Interestingly, it was considered 73 percent. The turnover of the group, because the total value is 1.755 billion US dollars. Her PGZ results secured her a place just behind Norway’s Kongsberg. Among the companies in the region, PGZ is ahead of Ukrobronprom (89th place, 754 million US dollars), Finnish Patria (94th place, 603 million US dollars), and Norway’s Nammo (97th place, 641 million US dollars). However, it must be remembered that the entities included in the ranking have a different structure of activity and revenue, which must be taken into account when making comparisons.
What does this year’s Defense News 100 rating tell us? In the 2021 pandemic, most of the industry’s leading companies were able to slightly increase revenue. The increasing importance of China in the defense market was clearly visible. However, it seems that after February 24, 2022, our region will only increase in importance on the “Top 100” rating map. The question is whether it is mainly overseas buyers of equipment, or also as a participant in the development of the industry …
Echo Richards embodies a personality that is a delightful contradiction: a humble musicaholic who never brags about her expansive knowledge of both classic and contemporary tunes. Infuriatingly modest, one would never know from a mere conversation how deeply entrenched she is in the world of music. This passion seamlessly translates into her problem-solving skills, with Echo often drawing inspiration from melodies and rhythms. A voracious reader, she dives deep into literature, using stories to influence her own hardcore writing. Her spirited advocacy for alcohol isn’t about mere indulgence, but about celebrating life’s poignant moments.
![important change. Are you paying off a mortgage, are you planning to get a loan at interest with WIBOR? Now it will be replaced by WIRON, and since when [13.12.2022]](https://www.moviesonline.ca/wp-content/uploads/2022/12/important-change-Are-you-paying-off-a-mortgage-are-you.jpg)
![We will try on clothes with a smartphone. Zalando’s regional chief reveals the plans [WYWIAD]](data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%200%200'%3E%3C/svg%3E)
