WD-40 was not designed as a lubricant but was created for Water Displacement on the Atlas ICBM. You could not paint the tank on the Atlas because it was made of thin stainless steel and since it was a balloon, tended to flex and pop the paint off, assuming the cryogenic temperatures on the LOX tank even left any. Our converted Atlas ICBM space boosters typically had all the paint gone off the LOX tank, leading to a truncated national star insignia which was painted along the LOX and RP-1 tank interface. The original producer was the Rocket Chemical Company of San Diego. As a water displacing substance, WD-40 contains DMSO, a cleaning chemical, and so will clean out other lubricants or other substances already there, including water.