NNSA Issues Honeywell Subsidiary Notice to Proceed for Sandia Labs Mgmt Transition

A subsidiary of Honeywell International (NYSE: HON) has received a notice to proceed from the National Nuclear Security Administration to start the transition efforts for the operation and management of Sandia National Laboratories.

National Technology & Engineering Solutions of Sandia will assume management responsibilities at SNL on May 1 with Northrop Grumman (NYSE: NOC), Universities Research Association, Sandia Technical Partners and Longenecker & Associates as subcontractors, NTESS said Wednesday.

Stephen Younger, former vice president and chief technologist at Northrop; and David Douglass, former VP of space, missiles and munitions at Honeywell; will respectively serve as chief and deputy director at SNL.

NNSA, an agency under the Energy Department, issued the notice a month after it awarded NTESS a potential 10-year, $2.6 billion contract to manage and run SNL sites across four states.

NNSA™s current SNL management contract with Lockheed Martin‘s (NYSE: LMT) Sandia Corp. subsidiary is set to expire on April 30.

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