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Lockheed Martin Team Works On $3B Hanford Cleanup

Stock quotes in this article: JEC , LMT  

BETHESDA, Md. (AP) — A team led by Lockheed Martin Corp. will manage and operate a $3.06 billion contract from the U.S. Department of Energy to clean up sections of the nation's most contaminated nuclear site, officials said Thursday.

The deal at Hanford, a massive site in south central Washington, also includes representatives from Jacobs Engineering Group Inc., and Wackenhut Services, Inc. along with other smaller teammates. The group operates under the name Mission Support Alliance LLC.

The group was first awarded the five-year contract, which has the option of being extended for another five years, in Sept. 2008. But it was delayed after a competitor lodged a complaint. ...

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