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UK Nuclear Complex Management Renationalized

UK Nuclear Complex Management Renationalized

The United Kingdom was scheduled to renationalize management of its nuclear weapons production complex Thursday after almost 30 years of letting industry hold the reins. The Atomic Weapons Establishment (AWE) was to become a wholly-owned arms-length body controlled by the U.K. Ministry of Defence, taking over from the Jacobs-led AWE Management Ltd. team made up of Jacobs Engineering [J], Lockheed Martin [LMT], and Britain's Serco Group. The new management entity, AWE PLC, announced its board of directors on June 18.…

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