ATK

United States: ATK (formerly Alliant Techsystems) has contracts until at least 2030 for solid propellant stages of the U.S. Minuteman III Intercontinental Ballistic Missile (ICBM)

Company Profile

Company profile

ATK, formerly known as Alliant Techsystems, based in the United States, supplies aerospace and military products to the US government, allied nations and prime contractors. The company’s main business segments are aerospace systems, armament systems, missile products, security and sporting.1In the financial year ending 31 March 2014, ATK reported revenues of US$ 4.8 billion (€ 3.7 billion), resulting in an operating profit of US$ 590 million (€ 460 million) and a net profit of US$ 341 million (€ 266 million).2

Contact Information

Website: Twitter: Facebook
http://www.atk.com/ @ATK https://www.facebook.com/ATK

Nuclear Weapons

Nuclear weapons

In November 2009, ATK received a US$ 100 million (€ 67 million) contract from Lockheed Martin to produce rocket propulsion systems for all three stages of the US Navy’s Trident II (D5)  solid propellant, inertial guided missile system through 2013.3ATK is also responsible for refurbishing all three solid propellant stages of the Minuteman III Intercontinental Ballistic Missile (ICBM) under the plan to keep the missiles operational until at least 2030.4In October 2013, ATK Launch Systems was awarded a US$ 49.4 million (€ 36.4 million) contract for research and development of the Medium Class Stage III motor that may be applicable to multiple future common strategic propulsion systems. This begins the development of a flight motor design that will be a direct replacement for the SR-73, which is the third stage motor on the Minuteman III ICBM. Work is expected to be completed by October 2016.5

Investors

The following financial institutions have made approximately 5539 million USD available to ATK since January 2011.

  • Affiliated Managers Group
  • AJO
  • Allianz
  • Alyeska Investment Group
  • Amalgamated Bank of Chicago
  • American Century Companies
  • AQR Capital Management
  • Arovid Associates
  • Associated Banc-Corp
  • Banco de Sabadell
  • BancPlus
  • Bank Hapoalim
  • Bank of America
  • Bank of America
  • Bank of America
  • Bank of New York Mellon
  • Banner Bank
  • BB&T Corporation
  • BlackRock
  • California First National Bancorp
  • Cascade Bancorp
  • Central Pacific Financial Corporation
  • Citigroup
  • Comerica
  • Crédit Mutuel
  • D.E. Shaw & Co.
  • Dimensional Fund Advisors
  • Discovery Capital Management
  • E.SUN Financial
  • Eastern Bank
  • Fidelity Investments
  • Fifth Third Bancorp
  • First Eagle Investment Management
  • First Niagara Financial
  • Fubon Group
  • Geode Capital Management
  • Goldman Sachs
  • Hua Nan Financial
  • JPMorgan Chase
  • Keycorp
  • Land Bank of Taiwan
  • LSV Asset Management
  • Mitsubishi UFJ Financial
  • Mitsubishi UFJ Financial
  • Mizuho Financial
  • Morgan Stanley
  • Morgan Stanley
  • New York State Common Retirement Fund
  • Northern Trust
  • Northern Trust
  • Old Mutual
  • People’s United Financial
  • PNC Financial Services
  • Point72 Asset Management
  • Raymond James Financial
  • Regions Financial
  • Royal Bank of Canada
  • Royal Bank of Canada
  • Siemens Financial Services
  • State Bank of India
  • State Street
  • Stifel Financial
  • Sumitomo Mitsui Financial
  • SunTrust Banks
  • SunTrust Banks
  • Synovus Financial Corporation
  • The London Company of Virginia
  • TIAA-CREF
  • Trimaran Capital Partners
  • Two Sigma Investments
  • US Bancorp
  • US Bancorp
  • Vanguard
  • Wells Fargo
  • Wells Fargo
  • Western & Southern Mutual

Notes


  1. ATK, “Corporate overview”, Website ATK (www.atk.com/corporate-overview/), viewed May 2014. 

  2. ATK, “ATK Reports Fourth Quarter and FY14 Full-Year Operating Results”, News Release ATK, 15 May 2014 (ir.atk.com/phoenix.zhtml?c=118594&p=irol-newsArticle&ID=1931216&highlight=).. 

  3. ATK, “Annual Report 2013”, ATK, 22 May 2013; ATK, “ATK Awarded $100 Million Contract for Trident II Solid Rocket Propulsion Systems”, Website ATK, 11 November 2009 (atk.mediaroom.com/index.php?s=25280&item=58065), viewed May 2014;ATK, “Trident II”, Website ATK (www.atk.com/products-services/trident-ii/), viewed May 2014;ATK, “Annual Report 2013”, ATK, 22 May 2013. 

  4. ATK, “Minuteman III”, Website ATK (www.atk.com/products-services/minuteman-iii/), viewed May 2014. 

  5. Host, P., “Air Force Awards Contracts For Future Medium Class Stage III ICBM Motor Development”, Defense Daily, 7 January 2014; US Department of Defense, “Daily Contract List”, US Department of Defense, 18 October 2013 (insidedefense.com/201310182450237/Defense-Plus/Text-Document/dod-10182013/menu-id-77.html). 

Producers

In some nuclear-armed states – in particular the United States, the United Kingdom and France – private companies are hired by governments to carry out work on maintaining and modernising nuclear arsenals. This report looks at companies that are providing the necessary components to develop, test, maintain and modernise nuclear weapons.The contracts these companies have with nuclear armed countries are for materials and services to keep nuclear weapons in their arsenals. The companies described are substantially involved in the nuclear weapons programmes of the United States, the United Kingdom, France, or India and are themselves based in France, India, Italy, the Netherlands, the United Kingdom and the United States.

In other nuclear-armed countries –Russia, China, Pakistan and North Korea – the maintenance and modernization of nuclear forces is carried out primarily or exclusively by government agencies.

Methodology

The nuclear weapon producers identified were selected on the basis of a predetermined set of criteria.
– Information on investments is publicly available.
– The company is directly involved in the development, testing, production, maintenance or trade of nuclear weapons related technology, parts, products or services.
– The company’s involvement is related to warheads, or to delivery systems such as missiles, that are specifically developed for nuclear tasks. This includes technology that is designed for ‘dual use’ (military and civilian) but excludes technology that is not designed for, but can be used in nuclear warfare. It does not include delivery platforms such as bombers and submarines.

State owned or controlled nuclear industries are outside the scope of this research, as are companies not publicly listed. Our research uncovered a number of Universities involved in nuclear weapons programmes, but these are also outside the scope of the report.

The list of nuclear weapon producers investigated was compiled through a wide variety of sources, including financial institution exclusion lists, civil society reports, media reports, etc. Additional details on the contracts and components can be found in the Annex. We welcome information at any time about possible nuclear weapons producing companies to investigate.