Orbital ATK

Orbital ATK (formerly known as ATK or Alliant Techsystems) produces rocket propulsion systems for Trident II submarine launched ballistic missiles. Orbital ATK is also responsible for refurbishing all three solid propellant stages of the Minuteman III Intercontinental Ballistic Missile (ICBM) for the US. It is also involved in the joint venture for management and operation of the Y-12 National Security Complex in Tennessee and the Pantex Plant in Texas.

Company Profile

Orbital ATK, based in the US, was formed through the merger of Orbital Sciences and ATK’s aerospace and defence businesses in February 2015.[a] It supplies aerospace and military products to the US government, allied nations and prime contractors. The company has three operating groups: flight systems, defence systems and space systems. Main products are launch vehicles and related propulsion systems; satellites and associated components and services; composite aerospace structures; tactical missiles, subsystems and defence electronics; and precision weapons, armament systems and ammunition.[b]

The newly formed company reported revenues of US$ 3.2 billion (€ 2.9 billion) for the financial year ending 31 March 2015, resulting in an operating income of US$ 232.0 million (€ 214 million) and a net income of US$ 77.4 million (€ 71.4 million).[c]

Contact Information

Website: Twitter: Facebook
www.orbitalatk.com @OrbitalATK www.facebook.com/OrbitalATK

 

Corporate Headquarters
45101 Warp Drive
Dulles, VA 20166
+1.703.406.5000

Nuclear Weapons

 

In November 2009, ATK received a US$ 100 million (€ 67 million) contract from prime contractor Lockheed Martin to produce rocket propulsion systems for all three stages of the US Navy’s Trident II (D5) solid propellant, inertial guided missile system through 2013.[i] In early 2015, Orbital ATK announced orders for additional Trident II fleet ballistic missile rocket motors placed by Lockheed Martin.[ii] Lockheed Martin Space Systems was awarded a US$ 146.3 million (€ 111 million) contract for new procurement of Trident II (D5) missile production, D5 Life Extension development and production, and D5 Deployed Systems Support in August 2014. The value of Orbital ATK’s subcontract is not known. Work is expected to be completed by November 2019.[iii]

Orbital ATK is also responsible for refurbishing all three solid propellant stages of the Minuteman III Intercontinental Ballistic Missile (ICBM) under the plan to keep the missiles operational until at least 2030.[iv]

In October 2013, ATK Launch Systems was awarded a US$ 49.4 million (€ 36.4 million) contract for research and development of the Medium Class Stage III motor that may be applicable to multiple future common strategic propulsion systems. This begins the development of a flight motor design that will be a direct replacement for the SR-73, which is the third stage motor on the Minuteman III ICBM. Work is expected to be completed by October 2016.[v]

In November 2015, ATK Launch Systems was awarded a US$ 790.3 million (€ 737.1 million) contract for engineering support and programme management of the ICBM propulsion subsystem. Work is expected to be complete by November 2016.[vi]

Orbital ATK is a member of Consolidated Nuclear Services (CNS), which took over the management and operation of the Y-12 National Security Complex in Tennessee and the Pantex Plant in Texas under the same contract in 2014. CNS is a Bechtel -led joint venture including Lockheed Martin Services, ATK Launch Systems, SOC, and Booz Allen Hamilton[1] as a teaming subcontractor.[vii] The US$ 446 million (€ 326.5 million) contract has a base-term of five years, with options for an additional five years. The contract includes design and construction of a Uranium Processing Facility (UPF) at the Y-12 National Security Complex and an option for Savannah River Tritium Operations at the Savannah River Site in South Carolina.[viii]

At the Y-12 Complex, nuclear weapons are produced and refurbished, and at the Pantex Plant in Texas the life extension programme for the W76 warheads deployed on Trident II (D5) ballistic missiles is expected to continue through 2018.[ix]

Investors

 

Investors

The following financial institutions have made approximately US$ 8,687 million available to this producer since January 2013.

  • Affiliated Managers Group
  • Allianz
  • Allstate
  • Alyeska Investment Group
  • Amalgamated Bank of Chicago
  • American Automobile Association
  • American Family
  • American International Group (AIG)
  • Ameriprise Financial
  • AQR Capital Management
  • Arrowstreet Capital
  • Associated Banc-Corp
  • Banco de Sabadell
  • BancPlus
  • Bank Hapoalim
  • Bank of America
  • Bank of New York Mellon
  • Banner Bank
  • BB&T
  • BlackRock
  • California First National Bancorp
  • Capital Group
  • Carlyle Group
  • Cascade Bancorp
  • Central Pacific Financial Corporation
  • Cigna
  • Citigroup
  • Comerica
  • Corsair Capital Management
  • Crédit Mutuel CIC Group
  • Credit Suisse
  • Dimensional Fund Advisors
  • E.SUN Financial
  • Eastern Bank
  • Eaton Vance
  • Fidelity Investments
  • Fifth Third Bancorp
  • First Eagle Investment Management
  • First Niagara Financial
  • Fubon Group
  • Geode Capital Management
  • Glenmede
  • Goldman Sachs
  • Graticule Asset Management Asia
  • Guggenheim Capital
  • Hartford Financial Services
  • Hua Nan Financial
  • Invesco
  • JPMorgan Chase
  • KeyCorp
  • Land Bank of Taiwan
  • Legg Mason
  • Liberty Mutual Insurance
  • Lord, Abbett & Co
  • Mark R. Shenkman Revocable Trust
  • MassMutual Financial
  • MetLife
  • Mitsubishi UFJ Financial
  • Mizuho Financial
  • Morgan Stanley
  • Nationwide Mutual Insurance
  • New Jersey Department of the Treasury
  • New York Life Insurance
  • Newbrook Capital Advisors
  • Northern Trust
  • Northwestern Mutual Life Insurance
  • Pacific Century Group
  • People’s United Financial
  • PNC Financial Services
  • Principal Financial Group
  • Prudential (UK)
  • Prudential Financial (US)
  • Raymond James Financial
  • Regions Financial
  • RidgeWorth Capital Management
  • Royal Bank of Canada
  • Roystone Capital Management
  • Siemens Financial Services
  • StanCorp Financial
  • State Bank of India
  • State Street
  • Stephens
  • Stifel Financial
  • Strategic Income Management
  • Sumitomo Mitsui Financial
  • Sun Life Financial
  • SunTrust
  • Synovus Financial Corporation
  • The London Company of Virginia
  • TIAA-CREF
  • Travelers
  • Trimaran Capital Partners
  • UBS
  • UMB Financial Corporation
  • US Bancorp
  • Vanguard
  • Voya Financial
  • Wells Fargo
  • Western & Southern Financial

This page was last updated 30 November 2016.

Notes

[a]       Orbital ATK, “History”, Website Orbital ATK (www.orbitalatk.com/about/history), viewed June 2016.

[b]      Orbial ATK, “Company overview”, Website Orbital ATK (www.orbitalatk.com/about/company-overview/), viewed June 2016.

[c]      Orbital ATK, “Annual Report 2016”, Orbital ATK, May 2016.

[1] Research indicated that SOC provides security services only, while Booz Allen Hamilton is a broad consulting firm who work is not integral to maintain the nuclear arsenal.

[i]       Military & Aerospace, “ATK wins $100 million for Trident II solid rocket propulsion systems”, Website Military & Aerospace, 12 November 2009 (www.militaryaerospace.com/articles/2009/11/atk-wins-100-million-for-trident-ii-solid-rocket-propulsion-systems.html);
ATK, “Annual Report 2013”, ATK, 22 May 2013;
Orbital ATK, “Trident II”, Website Orbital ATK (www.orbitalatk.com/flight-systems/propulsion-systems/tridentII/), viewed June 2016.

[ii]      Orbital ATK, “OA – Q4 2015 Orbital ATK Inc Earnings Call – Edited Transcript”, Thomson Reuters, 28 May 2015.

[iii]      U.S. Department of Defense, “Daily contracts – Contract N00030-13-C-0100”, Website U.S. Department of Defense, 19 September 2014 (archive.defense.gov/Contracts/Contract.aspx?ContractID=5380).

[iv]     Orbital ATK, “Minuteman III”, Website Orbital ATK (www.orbitalatk.com/flight-systems/missile-defense-systems/minutemaniii-refurbishment/), viewed June 2016;
Orbital ATK, “Annual report 2016”, Orbital ATK, May 2016.

[v]      Host, P., “Air Force Awards Contracts For Future Medium Class Stage III ICBM Motor Development”, Defense Daily, 7 January 2014;
Federal Business Opportunities, “Medium Class Stage III R&D – Solicitation Number: FA8219-13-R-7001”, Website FedBizOpps (www.fbo.gov/index?s=opportunity&mode=form&tab=core&id=20cea32e0732eb38848b3ccba1170a82), viewed June 2016;
Department of the Air Force, “Contract No. FA8219-14-C-0001 Alliant Launch Systems Inc.”, Department of the Air Force, 18 October 2013 (www.fbo.gov/utils/view?id=6b9fcd57f54bfdd8a79f269bd559c93e).

[vi]     U.S. Department of Defense, “Daily contracts – Contract FA8214-16-C-0001”, Website U.S. Department of Defense, 5 November 2015 (www.defense.gov/News/Contracts/Contract-View/Article/627910).

[vii]     Bechtel National, “Team Will Manage and Operate Facilities Within Nuclear Security Enterprise”, Website Bechtel National, 8 January 2013 (www.bechtel.com/newsroom/releases/2013/01/bechtel-led-team-awarded-contract-y12-pantex/);
Power Engineering, “Consolidated Nuclear Security to manage US Nuclear Facility Management”, Website Power Engineering, 7 March 2014 (www.power-eng.com/articles/2014/03/consolidated-nuclear-security-to-manage-us-nuclear-facility-management.html).

[viii]    Inside the Pentagon, “NNSA Awards $446 Million Contract To Manage Nuclear Plants”, Inside the Pentagon, 10 January 2013;
National Nuclear Security Administration, “Solicitation, offer and award – contract no. NA0001942”, U.S. Department of Energy, 14 December 2011 (nnsa.energy.gov/sites/default/files/nnsa/04-14-inlinefiles/2014-03-25%20Basic%20Contract.pdf);
Bechtel Group, “Annual Report 2015”, Bechtel Group, April 2015.

[ix]     National Nuclear Security Administration, “FY 2012 Congressional Budget Request”, Department of Energy, February 2011 (nnsa.energy.gov/sites/default/files/nnsa/inlinefiles/FY%202012%20NNSA%20Congressional%20Budget%20Submission_0.pdf);
Kristensen, H.M., “The Nuclear Weapons Modernization Budget”, FAS Strategic Security Blog of the Federation of American Scientists, 17 February 2011 (blogs.fas.org/security/2011/02/nuclearbudget/);
National Nuclear Security Administration, “W76-1 Life Extension Program”, Website National Nuclear Security Administration, 15 November 2012 (nnsa.energy.gov/mediaroom/factsheets/w76-1lep);
Arms Control Association, “US Nuclear Modernization Programs”, Website Arms Control Association, December 2015 (www.armscontrol.org/factsheets/USNuclearModernization).

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.