Following a failed protest and Government Accounting Office review, the Department of Energy selected a team led by Lockheed Martin (NYSE:LMT) to manage and operate the Mission Support Contract at the Hanford site in south central Washington State. Lockheed Martin leads the limited liability company, Mission Support Alliance (MSA), teaming with partners, Jacobs Engineering Group, Inc., and Wackenhut Services, Inc. and will be supported by several smaller companies. The MSA LLC team, under the leadership of Lockheed Martin’s Frank Figueroa, will provide integrated site-wide services such as safety, security and environment, site infrastructure and utilities, site business management, information resources and content and portfolio management. “We are gratified that the U.S. Government has made its determination, and we are ready to begin, ” Tom Grumbly, Vice President of Lockheed Martin Energy and Security Services in Rockville, Md. “The team has maintained a high state of readiness to effect a smooth transition and an efficient, progressive path forward for the DOE, its contractors, and the community in the Tri-Cities, ” he said. Read entire press release…
Parsons (NYSE: PSN) has secured a potential five-year, $178M contract to help the U.S. intelligence community analyze measures for securing physical and technical assets.
The State Department has approved approximately $4.5B in foreign military sales agreements with France, Lithuania, Argentina and Indonesia.