BAE Systems

BAE Systems (United Kingdom) is involved in the US and UK Trident II (D5) strategic weapons system programmes. It is also the prime contractor for the US Minuteman III Intercontinental Ballistic Missile (ICBM) system. BAE Systems is also part of the joint venture providing medium-range air-to-surface missiles for France.

Company Profile

BAE Systems, based in the UK, operates as a military, security and aerospace company worldwide. The company’s main segments are electronic systems, intelligence & security, maritime, military air & services and support solutions.[a]

In the financial year ending 31 December 2015, BAE Systems reported revenues of £ 16.8 billion (€ 22.8 billion), resulting in an operating income of £ 1.5 billion (€ 2.0 billion) and a net income of £ 918 million (€ 1.2 billion).[b]

Contact Information

Twitter: @BAESystemsplc

Stirling Square,
6 Carlton Gardens,
London, SW1Y 5AD
United Kingdom
+44 (0) 1252 373232

Nuclear weapons

BAE Systems provides logistics, systems, and readiness support for the US and UK Navy Trident and US Air Force Minuteman missiles programmes.[i]

Contracts include an award in October 2014 by the Strategic Systems Programs (SSP) of the US Navy with an initial value of US$ 17.3 million (€ 12.5 million) for one year, plus three one-year options bringing the total value to US$ 75.0 million (€ 54.1 million). Under the contract, BAE Systems provides supply support and information technology services for the Trident II (D5) Strategic Weapon System (SWS) Program and the SSGN Attack Weapon System (AWS) Program. Primary functions are the management and integration of SSP’s supply Automated Data Processing (ADP) systems; material support operations; and supply system analysis.[ii]

In August 2013, BAE Systems took over from Northrop Grumman as the prime contractor for Minuteman III Intercontinental Ballistic Missile (ICBM) system engineering/technical assistance support, training and development. The contract awarded by the US Air Force is worth more than US$ 535 million (€ 403.3 million) and runs through 2021.[iii] The takeover of tasks by BAE from Northrop Grumman was completed in June 2014. Among the 29 key tasks, two critical activities were identified as weapon system effectiveness and force development evaluation, which involves analysing the Air Force’s Minuteman III test launches.[iv] Since 2013, BAE Systems was provided with various contract modifications, bringing the value with all options exercised to US$ 770.2 million (€ 704.9 million).[v]

MBDA-Systems, a joint venture between BAE Systems (37.5%), Airbus (37.5%) and Leonardo-Finmeccanica (25%), supplied the medium-range air-to-surface missile ASMPA to the French air force, which has been operational since 2009. It carries an airborne nuclear warhead developed by the CEA.[vi] In July 2014, MBDA commenced work on design and development of the mid-life upgrade of the ASMPA, to extend life through 2035. The contract has a value of € 57.3 million.[vii] Reportedly, MBDA is also charged with the development of the ASMPA-successor ASN4G, to be operational in 2035.[viii]




The following financial institutions have made approximately US$ 24,302 million available to this producer since January 2013.

  • Aberdeen Asset Management
  • Aegon
  • Affiliated Managers Group
  • Allianz
  • American Equity Investment Life Holding
  • American International Group (AIG)
  • Ameriprise Financial
  • ANZ
  • Aviva
  • AXA
  • Bank of America
  • Bank of New York Mellon
  • Barclays
  • BlackRock
  • BNP Paribas
  • Capital Group
  • Citigroup
  • Commerzbank
  • Commonwealth Bank of Australia
  • Crédit Agricole
  • Crédit Mutuel CIC Group
  • Deutsche Bank
  • Fidelity Investments

  • Fidelity Worldwide Investment
  • Franklin Resources
  • Goldman Sachs
  • Hartford Financial Services
  • Invesco
  • JPMorgan Chase
  • Jupiter Fund Management
  • Legal & General
  • Liberty Mutual Insurance
  • Lloyds Banking Group
  • LSV Asset Management
  • M&G Investments
  • Macquarie Group
  • Manulife Financial
  • Marathon Asset Management
  • MassMutual Financial
  • MetLife
  • Mitsubishi UFJ Financial
  • Mizuho Financial
  • Morgan Stanley
  • National Bank of Abu Dhabi
  • New York Life Insurance
  • Northwestern Mutual Life Insurance
  • Norwegian Government Pension Fund – Global

  • Pacific Mutual
  • Principal Financial Group
  • Prudential (UK)
  • Prudential Financial (US)
  • Royal Bank of Canada
  • Royal Bank of Scotland
  • Schroders
  • Securian
  • Silchester International Investors
  • Skandinaviska Enskilda Banken
  • Société Générale
  • State Farm
  • State Street
  • Sumitomo Mitsui Financial
  • Sun Life Financial
  • Toronto-Dominion Bank
  • UBS
  • Universities Superannuation Scheme
  • Vanguard
  • Waddell & Reed
  • Wells Fargo
  • White Mountains
  • Woodford Investment Management


This page was last updated on 30 November 2016.

[a]      BAE Systems, “Our businesses”, Website BAE Systems (, viewed June 2016.

[b]     BAE Systems, “Annual Report 2015”, BAE Systems, February 2016.

[i]      BAE Systems, “Are BAE Systems involved in the construction or sale of nuclear weapons?”, Website BAE Systems (, viewed June 2016.

[ii]     Federal Business Opportunities, “Logistics Support Services for TRIDENT II (D5) Strategic Weapon System (SWS) Program and the SSGN Attack Weapon System (AWS) Program”, Website FedBizOpps, 2 October 2014 (;
Strategic Systems Programs, “Justification and Approval for Use of other than full and open competition – J&A NOsp 15,682”, Strategic Systems Programs, October 2014;
U.S. Department of Defense, “Daily contract list – Contract N00030-15-C-0007”, Website U.S. Department of Defense, 1 October 2014 (;
BAE Systems, “Annual Report 2014”, BAE Systems, February 2015.

[iii]    BAE Systems, “Bae Systems wins $534 Million contract to sustain U.S. Intercontinental Ballistic Missiles”, News release BAE Systems, 1 August 2013 (!%40%40%3F_afrWindowId%3Dnull%26_afrLoop%3D2119622011837000%26_afrWindowMode%3D0%26_adf.ctrl-state%3Dxdb9fxlgy_81).

[iv]    Inside the Pentagon, “BAE Weeks Away From Fully Assuming Lead Role In ICBM Sustainment”, Inside the Pentagon, Vol.30(18), 1 May 2014.

[v]     GovTribe, “Federal Contracts FA821413C0001 USAF BAE Systems Technology Solutions & Services Inc.”, Website GovTribe (, viewed in June 2016.

[vi]    Direction Générale de Ármement, “Le missile ASMPA”, Website Direction Générale de Ármement, 24 March 2016 (

[vii]    Ministère de Finances et des Comptes Publics, “Extrait du Bleu Budgétaire de la Mission: Défense”, Ministère de Finances et des Comptes Publics, 7 October 2014 (;
Tran, P., “France Studies Nuclear Missile Replacement”, Website DefenseNews, 29 November 2014 (

[viii]     Tran, P., “Onera explores Mach-8 Missile Engine Technology”, Website DefenseNews, 17 October 2015 (;
Merchet, J.D., “MBDA, une entreprise pionnière de l’Europe de défense”, Website L’Opinion, 23 March 2015 (;
Hollande, F., “Discours sur la dissuasion nucléaire – Déplacement auprès des forces aériennes stratégiques. Istres (13)”, Présidence de la Republique Française, 19 February 2015 (;
Warwick, G. & L. Dickerson, “Arming New Platforms Will Push Up Value Of Missiles Market”, Website Aviation Week, 5 January 2015 (


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.


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.