Incumbent Lockheed Martin [LMT] said Monday it has teamed with the Purdue, New Mexico State, and New Mexico Tech universities to bid on the Sandia National Laboratories management and operations contract. The announcement clarifies the cooperative arrangement that was still unclear when Lockheed Martin disclosed early last month its intent to bid to retain the contract.The Sandia National Laboratories produce non-nuclear components for nuclear weapons and develop systems to ensure the reliability of the U.S. nuclear arsenal for the National…
