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Home › Dodgy Deals ›
Dodgy Deal
Alliant TechsystemsUnited States

Company – On record

This profile is no longer actively maintained, with the information now possibly out of date
Profile by:
BankTrack
Last update: 2015-11-01 14:53:47

Company – On record

This profile is no longer actively maintained, with the information now possibly out of date
Profile by:
BankTrack
Last update: 2015-11-01 14:53:47
Why this profile?
About
Sectors Arms Industry and Trade
Headquarters
Ownership
Subsidiaries
Website http://www.atk.com

Alliant Techsystems (ATK) is the world's largest manufacturer of ammunition and a leading supplier of precision systems and electronic warfare. The company is also active in space and propulsion systems.

Alliant Techsystems (ATK) is the designer and producer of the rocket motor of Textron's Sensor Fuzed Weapon (SFW). We consider the SFW a cluster bomb under the definition of the Oslo Convention. ATK produces a key component for this cluster bomb.

"The BLU-108 submunitions released from the Sensor Fuzed Weapon (SFW) are propelled by an ATK designed and produced rocket motor. The SFW, a 1,000-pound class weapon, contains ten BLU-108 submunitions. The SFW was designed specifically to provide upward axial thrust and rotational torque to the BLU-108 submunition, releasing the skeet warheads at the end of motor burn. The upward thrust and rotational torque is achieved by utilising dual tangential nozzles in the ATK rocket motor."

The most recent Textron SFW contract found is a "$92,938,707 firm-fixed-price contract modification" dated 31 January 2007 and "provides for 291 Sensor Fuzed Weapons (SFW) Full Rate Production, Lot 12 option exercise."

This contract was supposed to be completed in March 2009.

 

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Year
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Applicable norms and standards

Draft Principles and Guidelines for the Effective Elimination of Discrimination based on Work and Descent
Financial Action Task Force (FATF) 40 Recommendations
United Nations Global Compact

policy info

News
BankTrack
Partners
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External
BankTrack news BankTrack blog Partner news Partner blog

RBS severs ties with makers of cluster bombs

2011-09-01 | Scotland | The Independent
Blog
BankTrack news BankTrack blog Partner news Partner blog

Top financial institutions still invest US$20 billion in cluster bombs

Activists call on banks and pension funds to disinvest from banned weapon
2009-10-29 | London | Netwerk Vlaanderen
Resources
Documents
2012-06-01 00:00:00

Worldwide investments in cluster munitions- a shared responsibility

NGO document
2012-06-01 00:00:00 | FairFin, IKV Pax Christi
2010-04-01 00:00:00

Update April 2010. Summary and Key findings: Worldwide investments in cluster munitions, a shared responsibility

Other document
2010-04-01 00:00:00 | Netwerk Vlaanderen & IKV Pax Christi
2010-04-01 00:00:00

Update April 2010: Worldwide investments in cluster munitions, a shared responsibility.

NGO document
2010-04-01 00:00:00 | Netwerk Vlaanderen, IKV Pax Christi
2009-11-05 00:00:00

Alliant Techsystems

Other document
2009-11-05 00:00:00 | Netwerk Vlaanderen et. al.
2009-10-01 00:00:00

Worldwide investments in CLUSTER MUNITIONS, a shared responsibility

NGO document
2009-10-01 00:00:00 | Netwerk Vlaanderen, et. al.
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