In the evolving landscape of the defense industry, major global players are increasingly investing in artificial intelligence (AI) technologies to enhance military capabilities.
Lockheed Martin, the world's largest arms manufacturer, reported revenues of $64.65 billion in 2023, focusing heavily on AI and cybersecurity innovations. The company is a key provider of military technologies, including the F-35 program, and sells primarily to the US government and NATO allies.
Following Lockheed Martin, the Aviation Industry Corporation of China (AVIC) ranks second with $44.91 billion in revenue. AVIC emphasizes investments in unmanned aerial vehicles and advanced engine technologies, primarily serving the Chinese government and international partners.
Raytheon Technologies, with $40.6 billion in revenue, is also leading in AI research, focusing on unmanned systems and sustainability. The firm supplies military technologies to the US and NATO allies.
Northrop Grumman, generating $35.2 billion, specializes in AI, stealth technology, and unmanned systems, primarily serving the US military and close allies.
General Dynamics, with revenues of $33.65 billion, invests in AI and cybersecurity solutions for both military and civilian sectors, focusing on partnerships with the US government.
Boeing, with $32.68 billion, is enhancing its defense capabilities through AI and sustainable aviation technologies, serving the US military and international clients.
BAE Systems, generating $27.55 billion, is committed to AI and sustainable defense technologies, working closely with the UK government and NATO countries.
China North Industries Group Corporation Limited (Norinco) and China State Shipbuilding Corporation Limited (CSSC) are also notable players, focusing on AI for efficiency and environmental technologies while primarily serving the Chinese government.
As these companies continue to innovate, the integration of AI technologies in defense systems is set to reshape military operations globally.