At Great Cost: The Companies Building Nuclear Weapons And Their Financiers Shows 260 Profiteers From The Nuclear Weapons Industry

The 2024 Don’t Bank on the Bomb analysis identifies 260 banks, pension funds, insurance companies and other financial institutions with significant finance or investment relations with the 24 main nuclear weapons producers.

By Alejandra Muñoz, ICAN

The number of Institutions with significant financial exposure to companies involved in the nuclear weapons industry has dropped by a quarter since the Treaty on the Prohibition of Nuclear Weapons came into force in 2021 according to “At Great Cost: The companies building nuclear weapons and their financiers” a new report from the International Campaign to Abolish Nuclear Weapons (ICAN) and PAX. Read more about the significance of this trend here.

All nine nuclear-armed states are investing in their nuclear arsenals. Several of these countries contract the private sector to manufacture and service their nuclear weapons; the 24 most significant of these companies are identified in this report. The most significant contracts for nuclear weapons related work went to Northrop Grumman, General Dynamics, BAE Systems, Boeing, Leonardo, Lockheed Martin and RTX.

The report should load below, or download the PDF here.