Boeing (United States) is involved in the maintenance of the Minuteman III nuclear intercontinental ballistic missiles in the US arsenal. It also provides the US and UK Trident II (D5) with maintenance, repair, and rebuilding and technical services.

Company profile

Boeing, based in the United States, is the world’s largest aerospace company and a leading manufacturer of jetliners and military, space and security systems. Its products and services include commercial and military aircraft, satellites, bombs and missiles, electronic and military systems, launch systems, advanced information and communication systems, and performance-based logistics and training. 1

In the financial year ending 31 December 2014, Boeing reported revenues of US$ 90.8 billion (€ 74.7 billion), resulting in an operating income of US$ 7.5 billion (€ 6.1 billion) and a net income of US$ 5.4 billion (€ 4.5 billion). 2

Contact Information


Contact information

Twitter: @Boeing

Boeing Corporate Offices
100 North Riverside
Chicago, Illinois 60606

Nuclear weapons

Since 1958, Boeing has been responsible for the development and production of the US long-range nuclear LGM-30 Minuteman Intercontinental Ballistic Missiles (ICBM) (versions I, II and III). All Minuteman I and II have been retired. 3 However, 450 Minuteman III are still deployed. 4

Boeing is responsible for guidance, flight controls, secure codes and ground subsystems, as well as designing, testing, modernizing and repairing ICBM systems and components. The modernisation programme is meant to extend the service life of Minuteman III through the year 2030. 5 In early 2015, the US Air Force awarded US$ 51.2 million (€ 45.3 million) to Boeing to provide sustaining engineering support and programme management support services for ICBM guidance systems. Work is expected to be completed by February 2023. 6

In June 2015, the Air Force Nuclear Weapon Center awarded Boeing a US$ 466.5 million (€ 423.3 million) contract for Minuteman III guidance repair. Work is expected to be completed by June 2021. 7

In September 2014, Boeing obtained a maximum value US$ 13.9 million (€ 10.6 million) contract by the US Navy’s Strategic Systems Programs to provide the Trident II (D5) Navigation Subsystem with component production and technical support services of the navigation system, test equipment and software modernization, and repair of the system, for the United States and United Kingdom. Work is expected to be completed in June 2017. 8

In December 2014, Boeing was awarded a US$ 39.5 million (€ 32.0 million) contract with options of up to US$ 80.2 million (€ 64.9 million) to provide the US and UK Trident II (D5) maintenance, repair, and rebuilding and technical services in support of the navigation subsystem. Work is expected to be completed in September 2017. 9

Since 2013, Boeing along with Lockheed Martin, Northrop Grumman and Raytheon, have been under contract to conduct studies in support of the Air Force Long-Range Standoff (LRSO) missile plans. This line-up is expected to become a four-way competition to build a Long Range Standoff weapon. 10 In October 2014, the US Nuclear Weapons Council reportedly selected the W80-1 thermonuclear warhead for the LRSO nuclear cruise missile, scheduled for deployment in 2027. After modification during a life-extension programme, the warhead will be dubbed W80-4. 11 Very little information about what the US Air Force is seeking in an LRSO missile is publicly available. 12




The following financial institutions have made approximately USD 77,126 million available to this producer since January 2012.

  • Aegon (Netherlands)
  • Allianz (Germany)
  • Allstate (United States)
  • American Century Investments (United States)
  • American International Group (AIG) (United States)
  • ANZ (Australia)
  • Apto Partners (United States)
  • AXA (France)
  • Banco Bilbao Vizcaya Argentaria (BBVA) (Spain)
  • Bank of America (United States)
  • Bank of China (China)
  • Bank of New York Mellon (United States)
  • Barclays (United Kingdom)
  • BayernLB (Germany)
  • BlackRock (United States)
  • Blaylock Beal Van (United States)
  • BNP Paribas (France)
  • Cantor Fitzgerald (United States)
  • Capital Group (United States)
  • Central Bank of Libya (Libya)
  • Citigroup (United States)
  • Columbia Threadneedle Investments (United States)
  • Commerzbank (Germany)
  • Crédit Agricole (France)
  • Crédit Suisse (Switzerland)
  • DBS (Singapore)
  • Deutsche Bank (Germany)
  • Divine Capital Markets (United States)
  • Drexel Hamilton (United States)
  • Evercore (United States)
  • Fidelity Investments (United States)
  • Franklin Resources (United States)
  • GE Capital Services (United States)

  • Geode Capital Management (United States)
  • Goldman Sachs (United States)
  • Goto Capital Markets (United States)
  • Great Pacific Securities (United States)
  • Guilford (United States)
  • Hartford Financial Services (United States)
  • Huntington Bancshares (United States)
  • ICICI Bank (India)
  • Industrial and Commercial Bank of China (China)
  • Intesa Sanpaolo (Italy)
  • Janus Capital Group (United States)
  • JPMorgan Chase (United States)
  • Lebenthal Holdings (United States)
  • Legg Mason (United States)
  • Liberty Mutual Insurance (United States)
  • Lloyds Banking Group (United Kingdom)
  • Loop Capital (United States)
  • Mackie Research Financial  (Canada)
  • Manulife Financial (Canada)
  • MetLife (United States)
  • Mischler Financial Group (United States)
  • Mitsubishi UFJ Financial (Japan)
  • Mizuho Financial (Japan)
  • Morgan Stanley (United States)
  • National Bank of Abu Dhabi (United Arab Emirates)
  • Neuberger Berman (United States)
  • New York Life Insurance Company (United States)
  • Northern Trust (United States)

  • Northwestern Mutual Life Insurance (United States)
  • Prudential (UK) (United Kingdom)
  • Prudential Financial (US) (United States)
  • Riyad Bank (Saudi Arabia)
  • Royal Bank of Canada (Canada)
  • Royal Bank of Scotland (United Kingdom)
  • Santander (Spain)
  • SAR Holding (United States)
  • Securian (United States)
  • Siebert Brandford Shank Financial (United States)
  • Siebert Capital (United States)
  • Société Générale (France)
  • Standard Chartered (United Kingdom)
  • State Bank of India (India)
  • State Farm (United States)
  • State Street (United States)
  • Sumitomo Mitsui Financial (Japan)
  • SunTrust (United States)
  • Rowe Price (United States)
  • Telsey Advisory Group (United States)
  • TIAA-CREF (United States)
  • Toronto-Dominion Bank (Canada)
  • Travelers (United States)
  • UBS (Switzerland)
  • Unum Group (United States)
  • US Bancorp (United States)
  • Vanguard (United States)
  • Voya Financial (United States)
  • Waddell & Reed Financial (United States)
  • Wellington Management (United States)
  • Wells Fargo (United States)
  • Westpac Banking (Australia)
  • Williams Capital Group (United States)


This page was last updated 16 October 2015.
  1.             Boeing, “Boeing in Brief”, Website Boeing ( ), viewed June 2015.
  2. Boeing, “Annual Report 2014”, Boeing, February 2015.
  3.    Boeing, “LGM-30 Minuteman Missile”, Website Boeing (, viewed May 2015.
  4.             US Air Force, “Fact sheet”, Website US Air Force (, viewed June 2015.
  5.    Space Daily, “Air Force Awards TRW $215 Million Contract for ICBM Motors”, Website Space daily ($215_Million_Contract_for_ICBM_Motors.html), viewed May 2015;
    Woolf, A.E., “US Strategic Nuclear Forces. Background, Developments and Issues”, Congressional Research Service, 14 January 2013 (
  6. U.S. Department of Defense, “Daily contracts – Contract FA8214-15-C-0001”, Website U.S. Department of Defense, 8 January 2015 (
  7. U.S. Department of Defense, “Daily contracts – Contract FA8214-15-D-0002”, Website U.S. Department of Defense, 3 June 2015 (
  8.   Department of the Navy, “Justification and approval for the use of other than full and open competition”, , Department of the Navy, October 2014 (;
    U.S. Department of Defense, “Daily contracts – Contract N00030-14-C-0025 “, Website U.S. Department of Defense, 30 September 2014 (
  9.    Department of the Navy, “TRIDENT II (D5) Maintenance, Repair, and Rebuilding in Support of Navigation Subsystem”, Department of the Navy, 8 January 2015 (;
    U.S. Department of Defense, Daily contracts – Contract N00030-15-C-0002”, Website U.S. Department of Defense, 23 December 2014 (’).
  10.             InsideDefense, “Long-Range Standoff Missile Development Pushed Back By Three Years”, InsideDefense, 5 March 2014.
  11.    Federation of American Scientists, “W80-1 Warhead Selected For New Nuclear Cruise Missile”, Website Federation of American Scientists, 10 October 2014 (
  12.            Malenic, M., “USAF wants to dodge latest air defences with bomber’s new secret weapon”, Website IHS Jane’s Defence Weekly, 27 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.