Moog

Moog develops launch vehicle and strategic missile controls for the Minuteman III (US) and Trident (D5) (US & UK) missiles.

Company profile

Moog manufactures precision motion control components and systems for applications in aircraft, automotive, defence and space, energy, marine and medical industries. 1

In the financial year ending 27 September 2014, Moog reported revenues of US$ 2.6 billion (€ 2.1 billion), resulting in an operating income of US$ 219 million (€ 172 million) and a net profit of US$ 158 million (€ 124 million). 2

Contact Information

Website: Twitter: Facebook:
www.moog.com @MoogComponents www.facebook.com/MoogInc

Nuclear weapons

Moog has developed launch vehicle and strategic missile controls for the Minuteman III and Trident (D5) missiles. 3 Moog acts as a subcontractor for Lockheed Martin, providing Trident (D5) first, second, and third State Servo Actuator Assemblies. 4

In November 2014, Moog was awarded a US$ 33.8 million (€ 27.1 million) contract to supply more than one thousand actuators for the next ten Virginia-class nuclear submarines which are under construction under the lead of General Dynamics Electric Boat. Moog’s actuators perform a variety of functions in the submarine, including elements of the torpedo launch sequence. 5

Investors

Investors

The following financial institutions have made approximately USD 5,457 million available to this producer since January 2012.

  • Allianz (Germany)
  • American United Mutual Insurance (United States)
  • Ameriprise Financial (United States)
  • AXA (France)
  • Bank of America (United States)
  • Bank of New York Mellon (United States)
  • BB&T (United States)
  • BlackRock (United States)
  • Capital Group (United States)
  • Charles Schwab Corporation (United States)
  • Cigna (United States)
  • Citizens Financial Group (United States)
  • Columbia Threadneedle Investments (United States)
  • Crédit Agricole (France)
  • Deutsche Bank (Germany)
  • Dimensional Fund Advisors (United States)
  • Earnest Partners (United States)
  • Eaton Vance (United States)
  • Fidelity Investments (United States)
  • Fifth Third Bancorp (United States)
  • First Horizon (United States)
  • First Niagara Financial (United States)
  • Geode Capital Management (United States)
  • GGCP (United States)
  • Goldman Sachs (United States)
  • Gotham Asset Management (United States)
  • Guggenheim Capital (United States)
  • HSBC (United Kingdom)
  • Invesco (United States)
  • JPMorgan Chase (United States)
  • Legal & General (United Kingdom)
  • Liberty Mutual Insurance (United States)
  • Lord, Abbett & Co (United States)
  • M&T Bank (United States)
  • MassMutual Financial (United States)
  • Mitsubishi UFJ Financial (Japan)
  • Mizuho Financial (Japan)
  • New York Life Insurance Company (United States)
  • New York State Common Retirement Fund (United States)
  • Northern Trust (United States)
  • Norwegian Government Pension Fund (Norway)
  • Orix Corporation (Japan)
  • Pacific Century Group (China)
  • PNC Financial Services (United States)
  • Point72 Asset Management (United States)
  • Power Financial Corporation (Canada)
  • Principal Financial Group (United States)
  • Prudential Financial (US) (United States)
  • Regions Financial (United States)
  • Royal Bank of Canada (Canada)
  • Royal Bank of Scotland (United Kingdom)
  • State Street (United States)
  • Rowe Price (United States)
  • Thrivent Financial (United States)
  • TIAA-CREF (United States)
  • Travelers (United States)
  • UniCredit (Italy)
  • US Bancorp (United States)
  • Vanguard (United States)
  • Voya Financial (United States)
  • Wedge Capital Management (United States)
  • Wellington Management (United States)
  • Wells Fargo (United States)
  • William Blair & Company (United States)
  • Williams Capital Group (United States)

This page was last updated 22 October 2015.

Notes

 

  1.             Moog, “Markets”, Website Moog (www.moog.com/markets/), viewed June 2015.
  2.           Moog, “Annual report 2014”, Moog, November 2014 (www.moog.com/literature/Corporate/Investors/Annual_Report/2014/2014_moog_annual_report.pdf).
  3.        Moog, “Annual report 2014”, Moog, November 2014 (www.moog.com/literature/Corporate/Investors/Annual_Report/2014/2014_moog_annual_report.pdf);
    Moog, “Missile systems”, Website Moog (www.moog.com/markets/defense/missile-systems-overview/), viewed June 2015.
  4.            Lockheed Martin Space Systems, “Lockheed Martin Space Systems Company Quality Clauses”, Lockheed Martin, October 2012 (www.lockheedmartin.com/content/dam/lockheed/data/corporate/documents/suppliers/spacedoc/spacedoc-253-01-10092012.pdf).
  5. Moog, “Moog Awarded Contract for Mission Critical Actuators for U.S. Navy Virginia-Class Nuclear Submarines”, News release Moog, 20 November 2014 (www.moog.com/news/corporate-press-releases/2014/moog-awarded-contract-for-mission-critical-actuators-for-u.s.-navy-virginia-class-nuclear-submarines/).

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.