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Lockheed Martin Confirms Sandia M&O Bid

Lockheed Martin Confirms Sandia M&O Bid

Incumbent Lockheed Martin [LMT] on Thursday confirmed its intent to bid to retain the management and operations contract for the Sandia National Laboratories.“We’re proud of our 23-year partnership with the Department of Energy’s National Nuclear Security Administration,” company spokesman Matt Kramer said in an email statement. “Lockheed Martin has helped Sandia maintain a steadfast focus on its core nuclear deterrence mission, delivering on-time and on-budget performance for five major life extension programs.”“Lockheed Martin looks forward to the opportunity to continue…

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