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 United States, was formed through the merger of Orbital Sciences and ATK’s aerospace and defence businesses in February 2015. 1 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. 2

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 million (€ 214 billion) and a net income of US$ 202 million (€ 186 billion). 3

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. 4 In early 2015, Orbital ATK announced orders for additional Trident II fleet ballistic missile rocket motors placed by Lockheed Martin. 5 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. Orbital ATK has a subcontract the value of which is not known. Work is expected to be completed by November 2019. 6

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. 7

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. 8

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 (part of Orbital ATK), SOC, and Booz Allen Hamilton 9 as a teaming subcontractor. 10 The US$ 446 million (€ 321.7 million) contract has a base-term of five years, with options for an additional five years. The contract also 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. 11

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. 12

Investors

 

Investors

The following financial institutions have made approximately USD 7,055 million available to this producer since January 2012.

  • Affiliated Managers Group (United States)
  • Allianz (Germany)
  • Allstate (United States)
  • Alyeska Investment Group (United States)
  • Amalgamated Bank of Chicago (United States)
  • American International Group (AIG) (United States)
  • Ameriprise Financial (United States)
  • Associated Banc-Corp (United States)
  • Banco de Sabadell (Spain)
  • BancPlus (United States)
  • Bank Hapoalim (Israel)
  • Bank of America (United States)
  • Bank of New York Mellon (United States)
  • Banner Bank (United States)
  • BB&T (United States)
  • BlackRock (United States)
  • BNP Paribas (France)
  • BPCE Group (France)
  • California First National Bancorp (United States)
  • Capital Group (United States)
  • Cascade Bancorp (United States)
  • Central Pacific Financial Corporation (United States)
  • Chang Hwa Commercial Bank (Taiwan)
  • CI Financial (Canada)
  • Citigroup (United States)
  • Columbia Threadneedle Investments (United States)
  • Comerica (United States)
  • Corsair Capital Management (United States)
  • Crédit Mutuel CIC Group (France)
  • Dimensional Fund Advisors (United States)
  • E.SUN Financial (Taiwan)
  • Eastern Bank (United States)
  • Eaton Vance (United States)
  • Fidelity Investments (United States)
  • Fifth Third Bancorp (United States)
  • First Eagle Investment Management (United States)
  • First Financial Holding (Taiwan)
  • First Niagara Financial (United States)
  • Fubon Group (Taiwan)
  • GE Capital Services (United States)
  • Geode Capital Management (United States)
  • Glenmede Trust Company (United States)
  • Goldman Sachs (United States)
  • Gotham Asset Management (United States)
  • Guggenheim Capital (United States)
  • Hanover Insurance (United States)
  • Hua Nan Financial (Taiwan)
  • JPMorgan Chase (United States)
  • KeyCorp (United States)
  • Land Bank of Taiwan (Taiwan)
  • Legg Mason (United States)
  • Liberty Mutual Insurance (United States)
  • Lord, Abbett & Co (United States)
  • LSV Asset Management (United States)
  • MassMutual Financial (United States)
  • MetLife (United States)
  • Mitsubishi UFJ Financial (Japan)
  • Mizuho Financial (Japan)
  • Morgan Stanley (United States)
  • Nationwide Mutual Insurance (United States)
  • New Jersey Department of the Treasury (United States)
  • New York Life Insurance Company (United States)
  • Northern Trust (United States)
  • Old Mutual (United Kingdom)
  • Pacific Century Group (China)
  • People’s United Financial (United States)
  • PNC Financial Services (United States)
  • Point72 Asset Management (United States)
  • Prudential (UK) (United Kingdom)
  • Prudential Financial (US) (United States)
  • Raymond James Financial (United States)
  • Regions Financial (United States)
  • Royal Bank of Canada (Canada)
  • Royal Bank of Scotland (United Kingdom)
  • Roystone Capital Management (United States)
  • Siemens Financial Services (Germany)
  • Southpoint Capital Advisors (United States)
  • Space Acquisition (United States)
  • StanCorp Financial (United States)
  • State Bank of India (India)
  • State Street (United States)
  • Stifel Financial (United States)
  • Strategic Income Management (United States)
  • Sumitomo Mitsui Financial (Japan)
  • SunTrust (United States)
  • Synovus Financial Corporation (United States)
  • The London Company of Virginia (United States)
  • TIAA-CREF (United States)
  • Travelers (United States)
  • Trimaran Capital Partners (United States)
  • UniCredit (Italy)
  • United Overseas Bank (Singapore)
  • Unum Group (United States)
  • US Bancorp (United States)
  • USAA Investment Management Company (United States)
  • Vanguard (United States)
  • Voya Financial (United States)
  • Wellington Management (United States)
  • Wells Fargo (United States)

 

This page was last updated 22 October 2015.

Notes

  1.        Orbital ATK, “History”, Website Orbital ATK (www.orbitalatk.com/about/history), viewed May 2015.
  2.        Orbial ATK, “Company overview”, Website Orbital ATK (www.orbitalatk.com/about/company-overview/ /), viewed May 2015.
  3.   Orbital ATK, “Annual report 2015”, Orbital ATK, May 2015.
  4.           ATK, “Annual Report 2013”, ATK, 22 May 2013;
    ATK, “ATK Awarded $100 Million Contract for Trident II Solid Rocket Propulsion Systems”, Website ATK, 11 November 2009 (atk.mediaroom.com/index.php?s=25280&item=58065), viewed May 2015;
    Orbital ATK, “Trident II”, Website Orbital ATK (www.orbitalatk.com/flight-systems/propulsion-systems/tridentII/), viewed May 2015.
  5.          Orbital ATK, “OA – Q4 2015 Orbital ATK Inc Earnings Call – Edited Transcript”, Thomson Reuters, 28 May 2015.
  6.     U.S. Department of Defense, “Daily contracts – Contract N00030-13-C-0100”, Website U.S. Department of Defense, 19 September 2014 (www.defense.gov/Contracts/Contract.aspx?ContractID=5380).
  7.   Orbital ATK, “Minuteman III”, Website Orbital ATK (www.orbitalatk.com/flight-systems/missile-defense-systems/minutemaniii-refurbishment/), viewed May 2015;
    Orbital ATK, “Annual report 2015”, Orbital ATK, May 2015.
  8.        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 ( HYPERLINK www.fbo.gov/index?s=opportunity&mode=form&tab=core&id=20cea32e0732eb38848b3ccba1170a82), viewed May 2015;
    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).
  9. 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.
  10.         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).

  11.       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.
  12.         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, January 2014 (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.