Top 10 Light Weapons Manufacturers in the World

Top 10 Light Weapons Manufacturers in the World

The global light weapons market size reached US$ 13.1 Billion in 2022. As per the analysis by IMARC Group, the top light weapons companies are heavily investing in developing non-lethal weapons, such as stun guns and rubber bullets, in an attempt to strengthen their market position. In line with this, continuous advancements in technologies, such as the advent of sensors, materials science, and artificial intelligence, are leading to the development of new and more advanced light weapons, thus providing a boost to the market. Additionally, extensive research and development (R&D) activities conducted by leading players are creating a positive market outlook. Apart from this, the availability of financing for defense purchases, such as loans or export credits, is impacting the light weapons market by making it easier for countries to purchase weapons. Besides, the rising crime rates and the increasing threat of terrorism are contributing to the increase in demand for personal security equipment, thereby impacting the overall market for light weapons companies. Furthermore, the rising demand for light weapons from law enforcement agencies, such as police and other law enforcement agencies, is augmenting the market as they require light weapons for their operations. The market is further driven by a considerable increase in terrorism, cross-border disputes, and political unrest between neighboring countries. Other factors, such as the low production cost of the product, rising defense expenditure, and the expanding military modernization programs, are augmenting the growth of the market. On account of these factors, the market is expected to US$ 18.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.

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List of Top Companies and Manufacturers Operating in the Light Weapons Industry Worldwide

The global light weapons market has several major players including BAE Systems plc, FN Herstal (Herstal Group), General Dynamics Corporation, Heckler & Koch GmbH, Israel Aerospace Industries Ltd., Lockheed Martin Corporation, Raytheon Technologies Corporation, Rheinmetall AG, Saab AB and Thales Group. More information about these companies has been provided below.

1. BAE Systems Plc

Establishment: 1999
Headquarters: Virginia, United States
Website: htps://

BAE Systems plc is a multinational defense company that provides numerous products and services to military and commercial customers. It offers several products, including military aircraft, naval ships, armored vehicles, munitions, electronic systems, cybersecurity, intelligence, and support service. It has several initiatives aimed at promoting sustainability and reducing its environmental impact, such as it aims in reducing the carbon footprint by implementing energy-efficient practices and investing in renewable energy sources, including wind and solar power. Additionally, it has a range of corporate social responsibility (CSR) initiatives focused at promoting social and environmental responsibility and contributing to the communities in which it operates. Besides, it has a strong focus on research and development and invest heavily in advanced technologies, such as artificial intelligence, robotics, and cybersecurity.

2. FN Herstal (Herstal Group)

Establishment: 1889
Headquarters: Wallonia, Belgium


FN Herstal specializes in the development, manufacture, and sale of small arms, ammunition, and related equipment. It offers a wide range of firearms, including pistols, rifles, machine guns, and shotguns, which are used by military and law enforcement agencies. In addition to this, it also produces a variety of other military and law enforcement equipment, such as grenade launchers, combat knives, and electronic aiming devices. The company is committed to sustainable manufacturing practices and has implemented numerous initiatives to reduce its environmental impacts, such as investing in renewable energy sources, including wind and solar power, to reduce its reliance on fossil fuels. It also aims to reduce its environmental footprint by implementing sustainable practices throughout its production process.

3. General Dynamics Corporation

Establishment: 1952
Headquarters: Virginia, United States


General Dynamics Corporation is a U.S based aerospace and defense company that provides a wide range of products and services to government and commercial customers. Its product portfolio includes Gulfstream business jets, military aircraft, submarines, surface combatants, network and communication systems, cybersecurity, data management, vehicles, weapons systems, munitions, command, control, communications, computers, intelligence, and reconnaissance (C4ISR) systems. The company has several initiatives aimed at promoting values of diversity and inclusion in its workplace and has implemented initiatives to promote a diverse and inclusive culture. The company is known for its focus on innovation, with a strong commitment to research and development, and has a global presence with numerous operation facilities across the globe.

4. Heckler & Koch GmbH

Establishment: 1949
Headquarters: Oberndorf, Germany


Heckler & Koch GmbH is a firearm company that specializes in designing, manufacturing, and distributing firearms and related products. It offers wide portfolio of products that are designed for use by military and law enforcement agencies. The company offers a range of handguns, rifles, machine guns, accessories, grenade launchers, and submarine guns. It has a strong commitment to sustainability, with a focus on reducing energy consumption and promoting sustainable development. The company uses advanced technology, including computer-aided design (CAD) software and simulation tools, to develop and test new products. It also collaborates with military and law enforcement agencies to develop products that meet their specific needs and requirements.

5. Israel Aerospace Industries Ltd

Establishment: 1953
Headquarters: Lod, Israel


Israel Aerospace Industries Ltd. (IAI) is an Israeli aerospace and defense company that specializes in the development and production of a wide range of technologies for both military and civilian purposes. The company offers various products and services, including the design, manufacture, and maintenance of advanced military and civilian aircraft, satellites, unmanned aerial vehicles (UAVs), missiles and missile defense systems, naval systems, radar, and electronic warfare systems. It is also involved in the development of space-related technologies, such as earth observation, communications, and navigation satellites, as well as launch services. The company is contributing to sustainable development by developing new technologies that will make aviation more sustainable, including the use of alternative fuels and the development of hybrid-electric and electric-powered aircraft.

6. Lockheed Martin Corporation

Establishment: 1995
Headquarters: Bethesda, United States


Lockheed Martin Corporation is a global aerospace, defense, security, and advanced technology company that specializes in the research, design, manufacture, integration, and sustainment of advanced technology systems, products, and services. The company offers various products fighter jets, helicopters, missiles, radar systems, satellites, and spacecraft. It is also involved in cutting-edge research and development in areas such as hypersonic, quantum computing, artificial intelligence, and cybersecurity. The company is committed to sustainable manufacturing practices and has implemented numerous Initiatives to reduce its environmental impacts, such as implementing waste reduction programs in its operations. Besides, it has a strong commitment to science, technology, engineering, and math (STEM) education.

7. Raytheon Technologies Corporation

Establishment: 1922
Headquarters: Virginia, United States


Raytheon Technologies Corporation is a multinational conglomerate that operates in the aerospace and defense industries. The company provides advanced sensors, mission systems integration, and cybersecurity solutions for defense, intelligence, and civil customers. It has developed an AN/SPY radar that uses advanced technology to provide improved detection and tracking capabilities. The company has a strong commitment to sustainability and has implemented several initiatives to reduce its environmental impact and promote sustainable practices, such as implementing water conservation measures across its operations, including the installation of water-efficient fixtures and the use of water-efficient landscaping. Additionally, it has implemented a zero-waste program at several of its facilities, which aims to divert all waste from landfills and incineration.

8. Rheinmetall AG

Establishment: 1889
Headquarters:  Düsseldorf, Germany


Rheinmetall AG is a German multinational company that specializes in the production of automotive parts, defense equipment, and industrial engineering products. The company offers a range of products, including pistons, engine blocks, cylinder heads, exhaust systems, artillery systems, ammunition, armored vehicles, and electronic systems. It is committed to sustainable development and thus is investing in renewable energy that aids in improving energy efficiency and reducing emissions from its operations. Besides, Rheinmetall is developing innovative solutions for electric mobility, such as electric drive systems for cars and e-bikes. Additionally, it is developing lightweight materials for use in the automotive and defense industries.

9. Saab AB

Establishment: 1937
Headquarters: Stockholm, Sweden


Saab AB is a Swedish aerospace and defense company that specializes in the design, development, and production of military defense systems, civil security systems, and commercial aeronautical products. It provides a range of products and services, including military aircraft, such as the Gripen fighter, electronic warfare systems, command, and control systems for military operations, airport security and traffic management systems, and training and simulation systems for military and civilian customers. The company has developed the Gripen, a fourth-generation fighter aircraft that features advanced avionics and sensor systems, as well as a lightweight airframe for improved performance and fuel efficiency. Besides, Saab has a sustainability strategy that outlines its commitment to reducing its environmental footprint and promoting sustainable practices throughout its operations.

10. Thales Group

Establishment: 1893
Headquarters: Paris, France


Thales Group is a French multinational company that operates in the aerospace, defense, security, and transportation markets. It provides advanced technology solutions and services to a variety of customers worldwide, including governments, militaries, and private companies. The product portfolio includes air traffic management systems, avionics, and communication systems to cybersecurity, surveillance, and navigation systems. It also offers solutions for the maritime and railway industries, as well as for space applications. The company has established an environmental management system to reduce its environmental impact, including the use of sustainable materials, energy-efficient solutions, and waste-reduction strategies. It is committed to promoting social responsibility through its operations, including respecting human rights, promoting diversity and inclusion, and supporting local communities.


About Author:

Shree Basu

Senior Content Writer at IMARC Services Private Limited  

Shree Basu is an experienced content writer with a passion for researching about diverse markets, ranging from technology to chemistry to agriculture. She has around two years of experience in different aspects of market research and has worked with multiple startups and enterprises in the B2B, B2C, and retail industries. In her free time, Shree enjoys reading, feeding stray animals, and watching crime documentaries.

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