PNC Investments

PNC Financial Services (United States) has made an estimated US$ 1.186 billion available to the nuclear weapons companies selected for this research project since January 2013 (according to PAX).

PNC have also provided loans for an estimated amount of US$ 752 million to the nuclear weapon companies (see table below). The table shows all loans closed since January 2013 or maturing after August 2016.

Loans Provided by PNC Financial Services

CompanyAmount
Bechtel$70 million
BWX Technologies$128 million
General Dynamics$46 million
Huntington Ingalls$133 million
Moog$133 million
Orbital ATK$140 million
Textron$100 million

Underwriting of Bond Issuances by PNC Financial Services

CompanyAmount
Northrop Grumman$87 million
General Dynamics$46 million
Huntington Ingalls$59 million
Moog$23 million
Orbital ATK$20 million
Textron$47 million

Shareholdings Managed by PNC Financial Services

CompanyAmount
Northrop Grumman$181 million

For more detail, see the full report at Don’t Bank on the Bomb.