URS

United States: URS is responsible for managment nuclear and other technically complex activities at the Los Alamos and  Lawrence Livermore national laboratories, both of which are engaged in the modernisation of the US nuclear arsenal.

Company Profile

Company profile

URS, based in the United States, is a fully integrated engineering, construction and technical services organisation offering programme management; planning, design and engineering; systems engineering and technical assistance; information technology; construction and construction management; operations and maintenance; and decommissioning and closure services.1 In July 2014, Aecom announced that it would acquire URS in a US$ 6 billion deal, which is expected to be completed in October 2014.2

In the financial year ending 3 January 2014, URS generated revenues of US$ 11.0 billion (€ 8.0 billion), resulting in an operating income of US$ 591 million (€ 431 million) and a net income of US$ 247 million (€ 180 million).3

Contact Information

Website: Twitter:
http://www.urs.com @URSCorp

Nuclear Weapons

Nuclear weapons

The Lawrence Livermore (LLNL) and Los Alamos National Laboratories (LANL), jointly managed by Babcock & Wilcox, University of California, Bechtel and URS Corporation, play an important role in the research and design of nuclear weapons.4
LANL is responsible for monitoring the safety and reliability of the US nuclear stocks. The laboratory is engaged in the design and production of nuclear weapons.5 The contract of the consortium to manage the LANL’s nuclear and other operations has a total value of US$14 billion (€ 10 billion).6

LLNL also engages in research, design and development of nuclear weapons. Stewardship of the US nuclear weapons stockpile is the foremost responsibility of the facility.7 The Stockpile Stewardship programme is meant to sustain and modernize the US nuclear weapons stockpile through surveillance, assessment, life extension and dismantlement efforts.8

For both labs, URS claims responsibility for managing the labs’ nuclear and other technically complex operations.9

In April 2014, URS received a modified incremental funding contract with a maximum total possible amount of US$ 40 million with the US Navy to provide electronics systems support for the Trident system.10

Investors

The following financial institutions have made approximately 7559 million USD available to URS since January 2011.

  • Affiliated Managers Group
  • AJO
  • American Century Companies
  • Artisan Partners
  • AXA
  • Bank of America
  • Barclays
  • BB&T Corporation
  • BlackRock
  • BMO Financial
  • BNP Paribas
  • California Public Employees’ Retirement System
  • Citigroup
  • City National Corporation
  • Comerica
  • Crédit Agricole
  • DePrince Race & Zollo
  • Dimensional Fund Advisors
  • E.SUN Financial

  • Earnest Partners
  • Fidelity Investments
  • Fidelity Worldwide Investment
  • First Trust Advisors
  • Geode Capital Management
  • Greenlight Capital
  • Guggenheim Capital
  • HSBC
  • Jana Partners
  • JPMorgan Chase
  • Legg Mason
  • LSV Asset Management
  • M&T Bank Corporation
  • Mega Financial
  • Mitsubishi UFJ Financial
  • Mizuho Financial
  • Morgan Stanley
  • National Financial Partners

  • New Jersey Department of the Treasury
  • New Mountain Capital
  • New York State Common Retirement Fund
  • Northern Trust
  • Norwegian Government Pension Fund – Global
  • Old Mutual
  • Power Financial Corporation
  • Pzena Investment Management
  • Raymond James Financial
  • Royal Bank of Scotland
  • Seizert Capital Partners
  • State Street
  • Sumitomo Mitsui Financial
  • SunTrust Banks
  • US Bancorp
  • Vanguard
  • Wedge Capital Management
  • Wells Fargo
  • Westpac Banking

Notes


  1. URS, “About us”, Website URS (www.urscorp.com/About_URS/index.php), viewed May 2014. 

  2. Aecom-URS, “AECOM to acquire URS Corporation for US$56.31 per share in cash and stock”, July 13, 2014 (http://aecom-urs.com/media/2014/07/AECOM-URS-Press-Release.pdf), viewed 1 September 2014. 

  3. URS, “Annual Report 2013”, URS, March 2014. 

  4. Babcock & Wilcox, “Lawrence Livermore National Laboratory (LLNL)”, Website Babcock & Wilcox (www.babcock.com/about/Pages/Lawrence-Livermore-National-Laboratory-(LLNL).aspx), viewed May 2014;
    Babcock & Wilcox, “Los Alamos National Laboratory (LANL)”, Website Babcock & Wilcox (www.babcock.com/about/Pages/Los-Alamos-National-Laboratory-(LANL).aspx), viewed May 2014;
    National Nuclear Security Administration, “Our locations”, Website National Nuclear Security Administration (/nnsa.energy.gov/aboutus/ourlocations), viewed May 2014;
    Union of Concerned Scientists, “Lawrence Livermore National Laboratory”, Union of Concerned Scientists, November 2012 (www.ucsusa.org/assets/documents/nwgs/nuclear-weapons-complex/livermore-fact-sheet.pdf). 

  5. Mello, G., “The US nuclear weapons complex: Pushing for a new production capability”, The Bulletin, 20 March 2008 (thebulletin.org/us-nuclear-weapons-complex-pushing-new-production-capability), viewed May 2014;
    Bechtel, “US National Laboratories”, Website Bechtel (www.bechtel.com/u.s._national_laboratories.html), viewed May 2014. 

  6. URS, “Los Alamos National Laboratory”, Website URS (www.urscorp.com/Projects/projView.php?s=803&sec=31&pn=3), viewed May 2014. 

  7. Bechtel, “US National Laboratories”, Website Bechtel (www.bechtel.com/u.s._national_laboratories.html), viewed May 2014;
    National Nuclear Security Administration (NNSA), “Lawrence Livermore National Laboratory (LLNL): Nuclear design and engineering and high explosive research & development (R&D)”, Website NNSA (nnsa.energy.gov/sites/default/files/nnsa/inlinefiles/LivermoreFactSheet.pdf), viewed May 2014;
    Defense Nuclear Facilities Safety Board, “Lawrence Livermore National Laboratory”, Website Defense Nuclear Facilities Safety Board (www.dnfsb.gov/about/where-we-work/doe-defense-nuclear-facilities/lawrence-livermore-national-laboratory), viewed May 2014. 

  8. US Department of Energy, “FY 2012 Stockpile Stewardship and Management Plan”, US Department of Energy Report to Congress, 15 April 2011 (www.fas.org/programs/ssp/nukes/nuclearweapons/SSMP-FY2012.pdf). 

  9. URS, “Lawrence Livermore Laboratory”, Website URS (www.urs.com/projects/lawrence-livermore-laboratory/) , viewed May 2014;
    URS, “Los Alamos National Laboratory”, Website URS (www.urscorp.com/Projects/projView.php?s=803&sec=31&pn=3), viewed May 2014. 

  10. URS, “Amendment of Solicitation/Modification of Contract”, Website URS (http://www2.urscorp.com/seaportenhanced/sows%5CN00178-04-D-4042-FC24_1398183651.pdf)  

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.