DOE Grants Lockheed 2-Year Sandia Labs Management Extension Ahead of Competition

lockheed martinThe Energy Department will award Lockheed Martin a two-year extension to continue managing the Sandia National Laboratories as DOE prepares to hold a full-and-open competition, Albuquerque Business First reported Monday

Dan Mayfield writes that the extension also contains an option for a third year.

Lockheed has managed Sandia for nearly two decades for DOE’s National Nuclear Security Administration and the contract is worth around $25 million per year to the company, according to the report.

Mayfield reports the extension is also intended to incorporate recommendations from congressional advisory panels and DOE initiatives on managing NNSA’s laboratories.

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