BAE Systems

BAE Systems (United Kingdom) is involved in the US and UK Trident II (D5) strategic weapons system programmes. It is also the prime contractor for the US Minuteman III Intercontinental Ballistic Missile (ICBM) system. BAE Systems is also part of the joint venture providing medium-range air-to-surface missiles for France.

Company Profile

BAE Systems, based in the United Kingdom, operates as a military, security and aerospace company worldwide. The company’s main segments are electronic systems, intelligence & security, maritime, military air & services and support solutions. 1

In the financial year ending 31 December 2014, BAE Systems reported revenues of £ 15.4 billion (€ 19.7 billion), resulting in an operating income of £ 1.3 billion (€ 1.7 million) and a net income of £ 740 million (€ 946 million). 2

Contact Information

Twitter: @BAESystemsplc

Stirling Square,
6 Carlton Gardens,
London, SW1Y 5AD
United Kingdom
+44 (0) 1252 373232

Nuclear weapons

In December 2013, BAE Systems Technology Solutions was awarded a US$ 56.5 million (€ 41.7 million) contract for the US and UK Trident II (D5) strategic weapons system programs, US guided missile submarine attack weapons system programmes, nuclear weapons security, and future concepts, with completion in September 2014. Under the US Navy contract, BAE Systems provided engineering and integration support to the Fleet Ballistic Program. The company also supplied various products for the Common Missile Compartment concept development effort to ensure that the existing Trident II (D5) is compatible with the concept being pursued for the program. Over the full three-year period the contract has a value of US$ 171.4 million (€ 124.6 million). 3

In October 2014, the Strategic Systems Programs (SSP) of the US Navy awarded BAE Systems a US$ 17.3 million (€ 12.5 million) contract running until 30 September 2015 and including three one-year options bringing the total value to US$ 75.0 million (€ 54.1 million). Under the contract, BAE Systems provides supply support and information technology services for the Trident II (D5) Strategic Weapon System (SWS) Program and the SSGN Attack Weapon System (AWS) Program. Primary functions are the management and integration of SSP’s supply Automated Data Processing (ADP) systems; material support operations; and supply system analysis. 4

In August 2013, BAE Systems took over from Northrop Grumman as the prime contractor for Minuteman III Intercontinental Ballistic Missile (ICBM) system engineering/technical assistance support, training and development. The contract awarded by the US Air Force is worth more than US$ 535 million (€ 403.3 million) and runs through 2021. 5 The takeover of tasks by BAE from Northrop Grumman was completed in June 2014. Among the 29 key tasks, two critical activities were identified as weapon system effectiveness and force development evaluation, which involves analyzing the Air Force’s Minuteman III test launches. 6 BAE Systems performed a test launch in September 2014. 7

MBDA-Systems, a joint venture between BAE Systems (37.5%), Airbus (37.5%) and Finmeccanica (25%), supplied the medium-range air-to-surface missile ASMPA to the French air force, which has been operational since 2011. 8 In July 2014, MBDA commenced work on design and development of the mid-life upgrade of the ASMPA, to extend life through 2035. The contract has a value of € 57.3 million. 9 Reportedly MBDA is also charged with the development of the ASMPA-successor ASN4G, to be operational in 2035. 10




The following financial institutions have made approximately USD 28560 million available to this producer since January 2012.

  • Aberdeen Asset Management (United Kingdom)
  • Aegon (Netherlands)
  • Allianz (Germany)
  • Allstate (United States)
  • American Equity Investment Life Holding (United States)
  • American International Group (AIG) (United States)
  • American United Mutual Insurance (United States)
  • Ameriprise Financial (United States)
  • ANZ (Australia)
  • Auto-Owners Insurance (United States)
  • AXA (France)
  • Bank of America (United States)
  • Bank of New York Mellon (United States)
  • Barclays (United Kingdom)
  • BayernLB (Germany)
  • BlackRock (United States)
  • BNP Paribas (France)
  • Capital Group (United States)
  • Citigroup (United States)
  • CNO Financial Group (United States)
  • Commerzbank (Germany)
  • Commonwealth Bank of Australia (Australia)
  • Crédit Agricole (France)
  • Crédit Mutuel CIC Group (France)
  • Crédit Suisse (Switzerland)
  • Deutsche Bank (Germany)
  • Fidelity Investments (United States)
  • Franklin Resources (United States)
  • Goldman Sachs (United States)

  • Guilford (United States)
  • Hartford Financial Services (United States)
  • Invesco (United States)
  • JPMorgan Chase (United States)
  • Jupiter lnvestment Management Group (United Kingdom)
  • Legal & General (United Kingdom)
  • Liberty Mutual Insurance (United States)
  • Lloyds Banking Group (United Kingdom)
  • Loews Corporation (United States)
  • LSV Asset Management (United States)
  • M&G Investments (United Kingdom)
  • Macquarie Group (Australia)
  • Majedie Asset Management (United Kingdom)
  • Manulife Financial (Canada)
  • Marathon Asset Management (United Kingdom)
  • MassMutual Financial (United States)
  • MetLife (United States)
  • Mitsubishi UFJ Financial (Japan)
  • Mizuho Financial (Japan)
  • Morgan Stanley (United States)
  • National Bank of Abu Dhabi (United Arab Emirates)
  • National Western Life Insurance Company (United States)
  • New York Life Insurance Company (United States)
  • Northwestern Mutual Life Insurance (United States)

  • Norwegian Government Pension Fund (Norway)
  • Pacific Century Group (China)
  • Pacific Mutual (United States)
  • Prudential (UK) (United Kingdom)
  • Prudential Financial (US) (United States)
  • Royal Bank of Canada (Canada)
  • Royal Bank of Scotland (United Kingdom)
  • Schroders (United Kingdom)
  • Securian (United States)
  • Silchester International Investors (United Kingdom)
  • Skandinaviska Enskilda Banken (Sweden)
  • Société Générale (France)
  • State Farm (United States)
  • State Street (United States)
  • Sumitomo Mitsui Financial (Japan)
  • Sun Life Financial (Canada)
  • Thrivent Financial (United States)
  • TIAA-CREF (United States)
  • Toronto-Dominion Bank (Canada)
  • UBS (Switzerland)
  • Unum Group (United States)
  • USS Investment Management (United Kingdom)
  • Vanguard (United States)
  • Wells Fargo (United States)
  • Woodford Investment Management (United Kingdom)


This page was last updated on 16 October 2015.
  1.    BAE Systems, “Our businesses”, Website BAE Systems (, viewed May 2015.
  2. BAE Systems, “Annual Report 2014”, BAE Systems, February 2015.
  3.            US Department of Defense, “Daily Contracts List – Contract N00030-14-C-0009”, US Department of Defense, 6 December 2013 (
  4.      Federal Business Opportunities, “Logistics Support Services for TRIDENT II (D5) Strategic Weapon System (SWS) Program and the SSGN Attack Weapon System (AWS) Program”, Website FedBizOpps, 2 October 2014 (;
    Strategic Systems Programs, “Justification and Approval for Use of other than full and open competition – J&A NOsp 15,682”, Strategic Systems Programs, October 2014;
    BAE Systems, “Annual Report 2014”, BAE Systems, February 2015.
  5.      BAE Systems, “Bae Systems wins $534 Million contract to sustain U.S. Intercontinental Ballistic Missiles”, News release BAE Systems, 1 August 2013 (!%40%40%3F_afrWindowId%3Dnull%26_afrLoop%3D2119622011837000%26_afrWindowMode%3D0%26_adf.ctrl-state%3Dxdb9fxlgy_81).
  6.          Inside the Pentagon, “BAE Weeks Away From Fully Assuming Lead Role In ICBM Sustainment”, Inside the Pentagon, Vol.30(18), 1 May 2014.
  7.             BAE Systems, “Annual Report 2014”, BAE Systems, February 2015.
  8. Direction Générale de Ármement, “Le missile ASMPA”, Website Direction Générale de Ármement, 15 June 2011 (
  9.         Ministère de Finances et des Comptes Publics, “Extrait du Bleu Budgétaire de la Mission: Défense”, Ministère de Finances et des Comptes Publics, 7 October 2014 (;
    Tran, P., “France Studies Nuclear Missile Replacement”, Website DefenseNews, 29 November 2014 (
  10.   Merchet, J.D., “MBDA, une entreprise pionnière de l’Europe de défense”, Website L’Opinion, 23 March 2015 (;
    Hollande, F., “Discours sur la dissuasion nucléaire – Déplacement auprès des forces aériennes stratégiques. Istres (13)”, Présidence de la Republique Française, 19 February 2015 (file:///C:/Users/tomo/Downloads/discours-sur-la-dissuasion-nucleaire-deplacement-aupres-des-forces-aeriennes-strategiques-istres-3%20(1).pdf);
    Warwick, G. & L. Dickerson, “Arming New Platforms Will Push Up Value Of Missiles Market”, Website Aviation Week, 5 January 2015 (


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.


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.