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Chinese firms bump down Western companies on Top 100 list
Defense News: Like so much in Washington these days, this year’s Top 100 list is all about China.
For the first time since 2001, it includes Chinese defense firms, with six cracking the overall top 15, a major upheaval of the top defense companies in the world.
Unlike most Western defense firms, there are no public statements about defense revenue from the Chinese companies. To calculate their rank, Defense News teamed with the London-based International Institute for Strategic Studies, whose Lucie Béraud-Sudreau and Meia Nouwens have extensively studied the Chinese defense industry for several years.
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