Top100 Defence Companies and the European Industrial Base: Leonardo behind the EU wheel

Last August, the American website DefenseNews released its annual ranking featuring the top 100 defence companies for 2022. With $64,458.00 in revenues in 2021, the list is led by Lockheed Martin which, followed closely by four other American companies, ensures the top five in the United States. Raytheon Technologies has in fact earned $41,852.20 in revenues in 2021, followed by Boeing with $35,093.00. The ranking reports Northrop Grumman at the fourth position with $31,429.00 revenues, while General Dynamics is closing this block with $30,800.00 in 2021. China also proves to be a fundamental presence, covering several positions starting off the sixth place thanks to Aviation Industry Corporation ($30,155.22). The English BAE System secures the seventh position with $25,775.20. It opens the ranking for European companies, even if it is the Italian Leonardo (twelfth position) to lead the European Union market in this sector. Leonardo has performed exceptionally well in 2021, increasing its revenues by 24% since 2020 (from $13,878.35 to $11,173.33). The French Airbus has, on the contrary, slipped to the fifteenth position, registering a loss of 10% compared to the previous year.Previously, the Department of Defense (DoD) said it had allocated $1.77 million for the Open6G industrial-university cooperative. This initiative is part of the ambitious Innovate Beyond 5G program, overseen by the Under Secretary of Defense for Research and Engineering.

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