Engility Holdings

Engility Holdings (United States): in February 2015 acquired US-based TASC. It is involved in the research and development for the Solid Rocket Motor Modernization Study of the Minuteman III system for the US arsenal.

Company profile

Engility is operating as a provider of specialized technical consulting, engineering and technology lifecycle support, information technology modernization and sustainment, supply chain services and logistics management, and training and education for the U.S. Government. 1 In February 2015, Engility acquired US-based TASC for an estimated US$ 1.3 billion (€ 1.1 billion). 2 TASC provides information and security services, intelligence and information management services. 3

In the financial year ending 31 December 2014, that is before the acquisition of TASC, Engility generated revenues of US$ 1.4 billion (€ 1.14 billion), resulting in an operating income of US$ 82.9 million (€ 68.2 million) and a net income of US$ 35.4 million (€ 29.1 million). 4 TASC claims to generate approximately US$ 1.5 billion (€ 1.2 billion) in annual revenue. 5

Contact Information

Contact Information

 

Website: Twitter: Facebook:
www.engilitycorp.com @EngilityCorp www.facebook.com/Engility

 

Engility Corporate Headquarters
3750 Centerview Drive
Chantilly, VA 20151
+1.703.708.1400

Nuclear weapons

As part of its work on the Minuteman III Weapon System, TASC conducts the mission planning and post flight analysis of the accuracy and other performance parameters of the regular US Air Force flight tests. The company also supports system engineering functions for upgrades and enhancements to the ICBM system. 6

In January 2014, TASC was awarded a US$ 6.9 million (€ 5.0 million) contract for research and development on the Solid Rocket Motor Modernization Study of the Minuteman III system. Under the contract running until July 2015, TASC conducted a study to develop and investigate propulsion options and impacts for replacement or modernisation of the Minuteman III fielded force. 7 Another US$ 6.9 million (€ 5.4 million) contract was awarded to TASC in September 2014 under the same program. 8

Investors

 

Investors

The following financial institutions have made approximately USD 2,794 million available to this producer since January 2012.

  • ACK Asset Management (United States)
  • Barclays (United Kingdom)
  • BlackRock (United States)
  • Deutsche Bank (Germany)
  • Fidelity Investments (United States)
  • General Atlantic (United States)
  • Gotham Asset Management (United States)
  • JPMorgan Chase (United States)
  • Kohlberg Kravis Roberts & Co (United States)
  • Legg Mason (United States)
  • Leucadia National Corporation (United States)
  • LSV Asset Management (United States)
  • Mizuho Financial (Japan)
  • Northern Trust (United States)
  • Norwegian Government Pension Fund (Norway)
  • Old Mutual (United Kingdom)
  • Power Financial Corporation (Canada)
  • Ranger Capital (United States)
  • Regions Financial (United States)
  • Renaissance Technologies (United States)
  • Royal Bank of Canada (Canada)
  • State Street (United States)
  • SunTrust (United States)
  • Rowe Price (United States)
  • Vanguard (United States)
  • Victory Capital (United States)

Notes

This page was last updated on 16 October 2015.
  1.           Engiligy Holdings, “Annual report 2014”, Engiligy Holdings, March 2015.
  2.             Engiligy Holdings, “Engility completes acquisition of TASC”, News release Engility Holdings, 26 February 2015 (investors.engilitycorp.com/phoenix.zhtml?c=251345&p=irol-newsArticle&ID=2020694).
  3. TASC, “About us”, Website TASC (www.tasc.com/about-us/), viewed June 2015.
  4.     Engiligy Holdings, “Annual report 2014”, Engiligy Holdings, March 2015.
  5.          TASC, “Mobile applications solutions, TASC, March 2014 (www.tasc.com/Brochures/Mobile-Apps-Solutions-Brochure.pdf).
  6.         TASC, “ICBM Systems Engineer”, Website TASC, 25 May 2015 (careers.tasc.com/job/Clearfield-ICBM-Systems-Engineer-UT-84015/80769400/).
  7.         US Department of Defense, “Daily Contract List – Contract FA8219-14-C-0003”, U.S. Department of Defense, 30 January 2014 (www.defense.gov/Contracts/Contract.aspx?ContractID=5214).
  8.          Department of the Air Force, “A – Research and Development”, Website Federal Business Opportunities, 17 September 2014 (www.fbo.gov/index?s=opportunity&mode=form&tab=core&id=1ae803c31808b8b492fcc0a145f6fa3d).

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.