NNSA Picks Lockheed Subsidiary for $5B Follow-On Nevada Natl Security Site Operations Contract

nuclear power plantA subsidiary of Lockheed Martin (NYSE: LMT) has won a potential 10-year, $5 billion contract to help the National Nuclear Security Administration manage and operate the Nevada National Security Site.

NNSA said Friday it chose Lockheed subsidiary Nevada Site Science Support and Technologies Corp.‘s proposal for the follow-on NNSS M&O contract through a full and open competition using a “best value” evaluation method.

NVS3T will collaborate with Fluor‘s federal services business and Longenecker and Associates to run the site, the agency noted.

The 1, 360-square mile facility conducts high-hazard nuclear operations, testing and training programs for NNSA,  the Defense Department and other U.S. government agencies.

NNSS’ incumbent contractor National Security Technologies LLC is scheduled to complete work at the site Sept. 30.

Las Vegas-based NSTec is a joint venture between Northrop Grumman (NYSE: NOC), AECOM (NYSE: ACM), CH2M and Babcock & Wilcox.

The follow-on award contains a four-month transition period to help NNSA transfer site management responsibilities to NVS3T.

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