Consolidated Nuclear Security said Thursday it will assume responsibility over the Pantex Plant and Y-12 National Security Complex after the Government Accountability Office and NNSA confirmed a five-year contract awarded to the team in 2013.
The team comprising of Bechtel National, Lockheed Martin (NYSE: LMT), ATK (NYSE: ATK), SOC and Booz Allen Hamilton (NYSE: BAH) will help run the Pantex Plant in Amarillo, Texas, and Y-12 in Oak Ridge, Tenn.
Jim Haynes, CEO of CNS, said his team has already moved to put its resources and people in a “state of readiness” in advance of transition.
Both facilities are part of the U.S. Nuclear Security Enterprise, with Pantex responsible for handling weapons dismantlement, plutonium pits storage and surveillance, among other work.
Y-12 is built to store, process and manufacture uranium.