General Dynamics

General Dynamics (United States) holds numerous contracts related to the Trident II (D5) missile systems for the UK and US. It provides a range of engineering, development, and production activities to support to US and UK Trident II Strategic Weapons Systems. It is also involved in the guidance systems of the Trident II (D5) nuclear missiles of the US Navy.

Company profile

General Dynamics, based in the US, provides business aviation; land and expeditionary combat systems; armaments and munitions; shipbuilding and marine systems; information systems, technologies, and; mission-critical information systems and technology.[1]

In the financial year ending 31 December 2016, General Dynamics generated revenues of US$ 31.4 billion (€ 29.8 billion), resulting in an operating income of US$ 4.3 billion (€ 4.1 billion) and a net income of US$ 3.0 billion (€ 2.8 billion).[2]

Contact information

Contact Information

Website: Twitter: Facebook
www.gd.com/ @GDMS www.facebook.com/GDMissionSystems

General Dynamics
2941 Fairview Park Drive, Suite 100
Falls Church, Virginia 22042-4513 USA
+1.703.876.3000

Nuclear weapons

General Dynamics has for many years been involved in stretching the lifecycle of the Trident II (D5) nuclear missiles of the US Navy.[3] The submarine-launched Trident II (D5) missile is currently aboard US Ohio-class and British Vanguard-class submarines.[4] The US plans to keep the Trident II missiles deployed until 2042.[5] In January 2012, General Dynamics Advanced Information Systems (GDAIS) obtained a US$ 95.9 million (€ 75.3 million) contract for production and deployed-systems support of the Trident II-weapons system, with a maximum contract value of US$ 225 million (€ 173 million) if all options are exercised.[6]

In December 2013, GDAIS was awarded a US$ 115 million (€ 84.2 million) contract for a range of engineering, development, and production activities to support to US and UK Trident II Strategic Weapons Systems, as well as engineering and trade studies on replacement of the common missile department on the new generation submarines. The maximum dollar value, including the base period and one option year, is US$ 217.7 million (€ 159.4 million). Work was expected to be completed by March 2016.[7]

In 2015, GDAIS obtained a contract under the Strategic Weapons Systems Acquisition Plan of the US Navy. This includes sustainment of the fire control systems aboard the US and UK ballistic missile submarines, integrated nuclear weapon security systems and missile flight test systems, and missile fire control for the Ohio replacement and UK Successor Common Missile Compartment Program.[8] Under this program, GDAIS was awarded a US$ 30.6 million (€ 28.2 million) contract in December 2015, with work expected be completed by December 2020.[9] In February 2016, a contract worth US$ 74.0 million (€ 65.7 million) was awarded, also expected to be completed by December 2020.[10] In April 2017, GDAIS was awarded a modification to the existing contract, of US$ 32.9 million (€ 30.2 million) to supply training and support equipment, the missile fire control for the Columbia-class and UK Dreadnought-class Common Missile Compartment program development. The contract was extended to 2021.[11] In July 2017, the contract was modified again to the value of US$ 8.8 million (€ 7.5 million). Work is still expected to be completed in September 2021.[12]

In August 2014, General Dynamics Electric Boat was awarded a US$ 9.0 million (€ 6.7 million) contract with a base period and two one-year options for the ongoing acquisition of the weapons systems shipboard development, integration requirements, and shipboard engineering for refuelling support for the United States and United Kingdom Trident II D5 missile program. The maximum value including base period and two option years is US$ 32.3 million (€ 24.1 million).[13] In April 2017, General Dynamics Electric Boat was awarded a US$ 13.1 million (€ 12.2 million) contract to produce ship alterations and UK ship alterations for Strategic Systems Programs Shipboard Integration and support installations. Furthermore, General Dynamics will provide “technical engineering support for Trident II Submarine Launched Ballistic Missile programs, Ohio-class SSGN requirements, attack weapon system trainer requirements, and advanced weapons system development requirements.” The contract also includes strategic weapon systems technical engineering support for ship systems and subsystems supporting SSBN weapon systems as well as technical services for Trident engineering, refuelling, and overhaul maintenance period and demonstration and shakedown operation. The contract contains options, which if exercised, can bring the contract value to a maximum dollar value of US$ 46.5 (€ 43.4 million). The work is expected to be completed by April 2020.[14]

Investors

Investors

The following financial institutions made approximately US$ 45,437 million available to this producer from January 2014 through October 2017.

 

  • Allstate (United States)
  • American Equity (United States)
  • American Family (United States)
  • American International Group (AIG) (United States)
  • American United Mutual Insurance (United States)
  • Ameriprise Financial (United States)
  • ANZ (Australia)
  • Arovid Associates (United States)
  • Banco Bilbao Vizcaya Argentaria (BBVA) (Spain)
  • Bank of America (United States)
  • Bank of New York Mellon (United States)
  • BlackRock (United States)
  • Blaylock Beal Van (United States)
  • Capital Group (United States)
  • Credit Suisse (Switzerland)
  • Deutsche Bank (Germany)
  • Drexel Hamilton (United States)
  • Evercore (United States)
  • Fidelity Investments (United States)
  • Franklin Resources (United States)

  • Geode Capital Management (United States)
  • Goldman Sachs (United States)
  • Guggenheim Capital (United States)
  • Invesco (United Kingdom)
  • Janus Henderson Group (Jersey)
  • JPMorgan Chase (United States)
  • Liberty Mutual Insurance (United States)
  • Lloyds Banking Group (United Kingdom)
  • Longview Asset Management (United States)
  • Macquarie Group (Australia)
  • Manulife Financial (Canada)
  • Mitsubishi UFJ Financial (Japan)
  • Mizuho Financial (Japan)
  • National Bank of Abu Dhabi (United Arab Emirates)
  • Nationwide Mutual Insurance (United States)
  • Neuberger Berman (United States)
  • New York Life Insurance (United States)
  • Northern Trust (United States)
  • Northwestern Mutual Life Insurance (United States)
  • Old Mutual (United Kingdom)

  • Orix Corporation (Japan)
  • PNC Financial Services (United States)
  • Prudential Financial (US) (United States)
  • Riyad Bank (Saudi Arabia)
  • Royal Bank of Canada (Canada)
  • Royal Bank of Scotland (United Kingdom)
  • Scotiabank (Canada)
  • State Farm (United States)
  • State Fund (United States)
  • State Street (United States)
  • Sumitomo Mitsui Financial (Japan)
  • The London Company of Virginia (United States)
  • TIAA (United States)
  • Toronto-Dominion Bank (Canada)
  • Travelers (United States)
  • UBS (Switzerland)
  • US Bancorp (United States)
  • Vanguard (United States)
  • Wellington Management (United States)
  • Wells Fargo (United States)

 

This page was last updated 22 January 2018.

Notes

Notes

 

 

[1]     General Dynamics, “About GD”, Website General Dynamics (www.generaldynamics.com/about/), viewed August 2017.

[2]     General Dynamics, “Annual Report 2016”, General Dynamics, March 2017.

[3]     General Dynamics, “General Dynamics Awarded $110 Million for Procurement of Foundry Services”, News Release General Dynamics, 13 December 2009 (www.generaldynamics.com/news/press-releases/2009/12/general-dynamics-awarded-110-million-procurement-foundry-services);
General Dynamics Mission Systems, “Submarine systems”, Website General Dynamics Mission Systems (gdmissionsystems.com/maritime-strategic/submarine-systems/), viewed August 2017.

[4]     Lockheed Martin, “Trident II D5 Fleet Ballistic Missile (FBM)”, Website Lockheed Martin (www.lockheedmartin.com/us/products/trident-ii-d5-fleet-ballistic-missile–fbm-.html), viewed August 2017.

[5]     Strategic Systems Programs Public Affairs, “Back to the Future with Trident Life Extension”, Undersea Warfare, Spring 2012 (www.ssp.navy.mil/documents/trident_life_extension.pdf).

[6]     General Dynamics Advanced Information Systems, “General Dynamics Awarded $96 Million to Support Trident II Submarine Strategic Weapons Systems”, News Release General Dynamics Advanced Information Systems, 5 January 2012 (www.generaldynamics.com/news/press-releases/2012/01/general-dynamics-awarded-96-million-support-trident-ii-submarine).

[7]     U.S. Department of Defense, “Daily Contracts List – Contract N00030-14-C-0005”, Website U.S. Department of Defense, 13 December 2013 (archive.defense.gov/Contracts/Contract.aspx?ContractID=5184).

[8]     U.S. Department of the Navy, “Strategic Systems Programs – Class justification and approval for us of other than full and open competition”, U.S. Department of the Navy, September 2015.

[9]     U.S. Department of Defense, “Daily contracts – Modification to contract N00030-16-C-0005”, Website U.S. Department of Defense, 23 December 2015 (www.defense.gov/News/Contracts/Contract-Vie/Article/637941).

[10]    U.S. Department of Defense, “Daily contracts – Modification P00002 to contract N00030-16-C-0005”, Website U.S. Department of Defense, 17 February 2016 (www.defense.gov/News/Contracts/Contract-View/Article/657391).

[11]    U.S. Department of Defense, “Daily Contracts List – Modification P00011 to contract N00030-16-C-0005”, Website U.S. Department of Defense, 28 April 2017 (www.defense.gov/News/Contracts/Contract-View/Article/1167080/).

[12]    U.S. Department of Defense, “Daily Contracts List – Modification P00013 to contract N00030-16-C-0005”, Website U.S. Department of Defense, 26 July 2017.

[13]    U.S. Department of Defense, “Daily contracts – Contract N00030-14-C-0023”, Website U.S. Department of Defense, 20 August 2014 (archive.defense.gov/Contracts/Contract.aspx?ContractID=5356).

[14]    U.S. Department of Defense, “Daily Contracts List – N00030-17-C-0028”, Website U.S. Department of Defense, 20 April 2017 (www.defense.gov/News/Contracts/Contract-View/Article/1158321/).

Top 20 Producers

Looking for information on other nuclear weapon associated companies? Check here.

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 the top 20 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, the Netherlands, the United Kingdom and the United States. More information on other companies involved in nuclear arsenals, not listed in the top 20, can be found here.

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 is on the website.
We welcome information at any time about possible nuclear weapon producing companies to investigate.