Russian company USC is listed by SIPRI as being the world’s 33rd largest arms company in 2020, with military sales of $3.7 billion, 79% of its total sales.
USC was established in 2007 by Russian Presidential decree, and produces 80% of Russian ships. According to the US State Department, USC “is responsible for developing and building the Russian Navy’s warships as a part of implementing Russia’s state defense order. Joint Stock Company United Shipbuilding Corporation develops and produces a wide range of military vessels, including submarines, frigates, and mine sweepers, among others.”
(At the time of the latest update, September 2022, the USC website is not available).
