We have listed the countries with most arms-producing companies as per below. Weaponry and military production and exports are amongst the top three most profiting industries for in world, while the top 10 most arms manufacturing companies are either American or European.
Note: arms sales are listed in US Dollars.
1. Boeing – United States of America
($28,050,000,000 in military equipment sales annually)

2. Northrop Grunmman – United States of America
($27,590,000,000 in military equipment sales annually)
3. Lockheed Martin – United States of America
($26,460,000,000 in military equipment sales annually)

4. BAE Systems – United Kingdom
($23,230,000,000 in military equipment sales annually)

5. Raytheon – United States of America
(19,800,000,000 in military equipment sales annually)
6. General Dynamics – United States of America
($16,570,000,000 in military equipment sales annually)
7. Finmeccanica – Italy
(9,800,000,000 in military equipment sales annually)
8. EADS – Europe
($9,580,000,000 in military equipment sales annually)

9. L-3 Communications – United States of America
($8,970,000,000 in military equipment sales annually)
10. Thales – France
($8,940,000,000 in military equipment sales annually)