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Don't Bank on the Bomb

Who profits from producing nuclear weapons?

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Don't Bank on the Bomb

Author: DontBankontheBomb

Rostec

2026-06-08 DontBankontheBomb Watchlist

Rostec is a Russian state-owned company, involved in aircraft engineering, engine manufacture, arms production, medical

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REEL International

2026-06-08 DontBankontheBomb Watchlist

REEL International is a family company, not publicly traded, with approximately 3% owned by its

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Volat

2026-06-08 DontBankontheBomb Watchlist

Volat (Minsk Wheel Tractor Plant Open Joint Stock Company) is a manufacturer of heavy off-road

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Airbus Group

2026-06-08 DontBankontheBomb Nuclear Weapon Producers

Airbus is the prime contractor for nuclear armed missiles used in the French nuclear arsenal

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China Aerospace Science and Technology (CASC)

2026-06-08 DontBankontheBomb Nuclear Weapon Producers

China Aerospace Science and Technology Corporation states it is the only manufacturer of intercontinental strategic

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Boeing

2026-06-08 DontBankontheBomb Nuclear Weapon Producers

Boeing produces key components for the B61-12 gravity bombs, and has outstanding contracts for work

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BWX Technologies

2026-06-08 DontBankontheBomb Nuclear Weapon Producers

BWXT manufactures naval reactors for U.S. nuclear-armed submarines and is involved in the management of

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Bechtel

2026-06-08 DontBankontheBomb Nuclear Weapon Producers

Bechtel is involved in the management and operation of U.S. nuclear weapons facilities and is

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Bharat Dynamics Limited

2026-06-08 DontBankontheBomb Nuclear Weapon Producers

Bharat Dynamics Limited has produced missiles designed to deliver Indian nuclear warheads. Nuclear Weapons |

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Amentum

2026-06-08 DontBankontheBomb Nuclear Weapon Producers

In September 2024, Amentum completed a merger with Jacobs Solutions’ Critical Mission Solutions (CMS) and

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109 Policies excluding nuclear weapon producers

Nuclear weapon producers and their financial backers

Don’t Bank on the Bomb

Since 2013, PAX has published the Don’t Bank on the Bomb report as a contribution to the International Campaign to Abolish Nuclear Weapons- ICAN

About PAX

PAX works together with committed citizens and partners to protect civilians against acts of war, to end armed violence, and to build a just peace. www.paxforpeace.nl

Copyright

Permission is granted for non-commercial reproduction, copying, distribution, and transmission of this publication or parts thereof so long as full credit is given to the coordinating project organization (PAX), editor, and relevant authors; the text is not altered, transformed, or built upon; and for any reuse or distribution, these terms are made clear to others.

Reports

2025: At Great Cost

2024: Untenable Investments

2023: Moving Away from Mass Destruction

2022: Risky Returns

2022: Rejecting Risk

2021: Perilous Profiteering

2019: Beyond the Bomb

2019: Shorting our security

2019: Producing mass destruction

2018 Report

2016 Report

2015 Report

2014 Report
Don't Bank on the Bomb is a PAX project in conjunction with ICAN- the International Campaign to Abolish Nuclear Weapons.