KYIV. July 29 (Interfax-Ukraine) – Ukroboronprom state concern in 2016 ranked 62nd in the annual rating of the Top 100 of the world’s defense companies composed by the U.S. specialized edition Defense News.
According to data posted on the website of the rating, Ukroboronprom’s revenue from military products sales in 2016 amounted to $1.075 billion, which is 17% more compared to 2015.
A year ago Ukroboronprom ranked 68th in the Defense News rating: the concern’s revenue from military products sales in 2015 stood at $920 million, which is 59.75% more than in 2014.
Three American and Western European arms manufacturers were among the leaders in the Top 100 Defense News rating in 2016: Lockheed Martin (the United States) ranked first with $43.468 billion, Boeing (the United States) ranked second with $29.5 billion, and BAE Systems (Britain) ranked third with $23.62 billion.
According to data provided by Ukroboronprom at the beginning of the year, exports of arms and military and special purpose services by Ukroboronprom enterprises in 2016 increased by 25% compared to 2015, to $756 million. The total net income of Ukroboronprom enterprises in 2016 rose by 31.2% compared to 2015, to UAH 28.3 billion.
