Leidos is involved with several US nuclear weapon facilities.

Nuclear Weapons |  Investments (years compared) (2021) (2020)

Nuclear Weapons

Leidos is part of the Consolidated Nuclear Security (CNS), LLC joint venture that manages and operates the Pantex Plant and the Y-12 National Security Complex where US nuclear weapons are assembled. ⁴ Under the $35.1 billion contract, the joint venture is “fully responsible for high-hazard enriched uranium, special nuclear material (SNM), high-explosive and nuclear weapon assembly/disassembly functions”. ⁵ In July 2020, the National Nuclear Security Administration (NNSA) announced that it had ended its deal with CNS after the latter had failed to meet safety and security standards.^cxii While a new management and operation contract for both sites was initially awarded to Nuclear Production One in November 2021⁶, the US Department of Energy announced in May 2022 that it would terminate said contract award and instead hold two new competitions for separate contracts to manage each site, and in the meantime further extend the current contract held by CNS.⁷ In October 2022, the contract held by CNS was formally extended with up to five years for the Y-12 National Security Complex and up to three years for the Pantex Plant.⁸

Investments

Investments compared

Click on the institution to see if and how they've invested in the past. Red indicates a new investor in 2021. Green indicates investors that ended their involvement by 2021.

2021

50 Financial institutions made $18,215 million available in the research period January 2019- January 2021.

All forms of financing meeting the definition of substantive financial relationships are included in the report. This comprises financial institutions participating in loans and underwriting deals since 1 January 2019, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2020. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

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Last updated: 2023-07-06 14:49:37

Notes

 

1. Company (2022) | Leidos. Available at: https://www.leidos.com/company.
2. Defense (2022) | Leidos. Available at: https://www.leidos.com/company/our-business/defense.
3. ‘2021 Annual Report’, Leidos (2022), p. 38. Available at: https://s22.q4cdn.com/107245822/files/doc_financials/2021/ar/2021-Form-10-K-Final.pdf.
4. About (2022) | Consolidated Nuclear Security, LLC. Available at: https://cns-llc.us/about; Amy F. Woolf and James D. Werner (2021) ‘The U.S. Nuclear Weapons Complex: Overview of Department of Energy Sites’, Congressional Research Service, pp. 21-23. Available at: https://crsreports.congress.gov/product/pdf/R/R45306
5. Contract No. DE-NA0001942 (2018) Energy.gov. Section J, Appendix A, Page 1. Available at: https://www.energy.gov/nnsa/downloads/contract-no-de-na0001942 (Accessed: 29 September 2022); CONTRACT to CONSOLIDATED NUCLEAR SECURITY LLC. | USAspending’, 8 January 2013. Available at: https://www.usaspending.gov/award/CONT_AWD_DENA0001942_8900_-NONE-_-NONE- (Accessed: 29 September 2022).
6. NNSA Awards Management and Operations Contract for Y-12, Pantex. Energy.gov, 29 November 2021. Available at: https://www.energy.gov/nnsa/articles/nnsa-awards-management-and-operations-contract-y-12-pantex.
7. NNSA cancels Y-12, Pantex contract award, to hold new competitions for separate site management contracts. Energy.gov,16 May 2022. Available at: https://www.energy.gov/nnsa/articles/nnsa-cancels-y-12-pantex-contract-award-hold-new-competitions-separate-site.
8. NNSA announces contract extension to Consolidated Nuclear Security for the management and operation of the Y-12 National Security Complex and the Pantex Plant. Energy.gov, 3 October 2022. Available at: https://www.energy.gov/nnsa/articles/nnsa-announces-contract-extension-consolidated-nuclear-security-management-and.