Team Resumes Transition At Nuclear Security Facilities In Tennessee and Texas


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[STK]

[IN] UTI OIL ARO

[SU] LIC

-- WITH PHOTO -- TO BUSINESS, AND ENERGY EDITORS:

U.S. Government Reaffirms Selection Of Bechtel-led Team To Manage Y-12

& Pantex

RESTON, Va., March 7, 2014 /PRNewswire/ -- The Bechtel-led

Consolidated Nuclear Security, LLC has been directed by the U.S.

National Nuclear Security Administration to immediately resume

transitioning to take over the management and operation of the Pantex

Plant in Amarillo, Texas, and the Y-12 National Security Complex in

Oak Ridge, Tennessee. Consolidated Nuclear Security was selected last

year to manage and operate the nuclear security facilities but the

transition was put on hold while the contract award was reviewed by

the U.S. Government Accountability Office.

"Resuming transition is critical to begin delivering improved

efficiency, reliability, and cost effectiveness needed to maintain

these sites' critical missions," said John Howanitz, Bechtel's Nuclear

Security and Operations general manager. "It is also the first step in

reducing the uncertainty faced by the dedicated employees and

communities at both Pantex and Y-12."

Consolidated Nuclear Security- whose members are Bechtel National,

Inc., Lockheed Martin Services, Inc., ATK Launch Systems Inc., SOC

LLC, and Booz Allen Hamilton, Inc.as a teaming subcontractor-will

manage and operate the Pantex and Y-12 programs together. The Pantex

Plant and Y-12 National Security Complex are key facilities in the

U.S. Nuclear Security Enterprise, charged with maintaining the safety,

security, and effectiveness of the U.S. nuclear weapons stockpile.

Pantex is responsible for nuclear weapons life extension programs;

weapons dismantlement; development, testing, and fabrication of high

explosive components; and storage and surveillance of plutonium pits.

Y-12 is responsible for safe and secure uranium storage, processing,

and manufacturing operations.

"Our team has maintained a high state of readiness to effect a smooth

transition and we are ready to begin work with the National Nuclear

Security Administration on this important project," said Jim Haynes,

Consolidated Nuclear Security CEO. "We remain committed to high

standards of safety, security, and efficiency as we deliver our work

during transition and throughout the length of our contract."

Bechtel has a proven track record at both Pantex and Y-12. The company

also provides management and operations for NNSA at Los Alamos

National Laboratory and Lawrence Livermore National Laboratory, two of

the U.S. government's premier research and development institutions.

During its history, Bechtel has successfully led integration efforts

as the contractor for large, complex projects focused on national

security, environmental stewardship, and nuclear power.

About Bechtel: Bechtel is among the most respected engineering,

project management, and construction companies in the world. We stand

apart for our ability to get the job done right-no matter how big, how

complex, or how remote. Bechtel operates through five global business

units that specialize in civil infrastructure; power generation,

communications, and transmission; mining and metals; oil, gas, and

chemicals; and government services. Since its founding in 1898,

Bechtel has worked on more than 22,000 projects in 140 countries on

all seven continents. Today, our 53,000 colleagues team with

customers, partners, and suppliers on diverse projects in nearly 50

countries. www.bechtel.com.

About Lockheed Martin: Headquartered in Bethesda, Md., Lockheed Martin

is a global security and aerospace company that employs approximately

115,000 people worldwide and is principally engaged in the research,

design, development, manufacture, integration and sustainment of

advanced technology systems, products, and services. The Corporation's

net sales for 2013 were $45.4 billion.

About ATK: ATK Aerospace Group, which is representing ATK on the

Bechtel team, is the world's top producer of solid rocket propulsion

systems and a leading supplier of military and commercial aircraft

structures. It also specializes in small and micro-satellites;

satellite components and subsystems; lightweight space deployables and

solar arrays; low-cost, quick-to-market launch solutions; flares and

decoys; and energetic materials and related technologies. The group

has extensive experience supporting human and space payload missions.

ATK is an aerospace, defense, and commercial products company with

operations in 22 states, Puerto Rico, and internationally.

About SOC: SOC LLC is a trusted provider of integrated security and

mission support carrying out and enabling national security missions

globally in support of the U.S. government, international

organizations, and corporations. Founded as a security contractor

supporting the U.S. Departments of Energy, Defense, and State, SOC has

broadened its portfolio to include a wide array of critical mission

support, base operations, and professional staffing services. We are

now a company of more than 5,000 highly trained and experienced

personnel running some of the most sensitive and complex assignments

around the world.

About Booz Allen Hamilton: Booz Allen Hamilton is a leading provider

of management consulting, technology, and engineering services to the

US government in defense, intelligence, and civil markets, and to

major corporations, institutions, and not-for-profit organizations.

Booz Allen is headquartered in McLean, Virginia, employs approximately

23,000 people, and had revenue of $5.76 billion for the 12 months

ended March 31, 2013. In 2014, Booz Allen celebrates its 100th

anniversary year.

Media contact:

Jason Bohne t. 703 429 6314 jbohne@bechtel.com

Logo - http://photos.prnewswire.com/prnh/20130124/SF47758LOGO

SOURCE Bechtel

-0- 03/07/2014

/Photo: http://photos.prnewswire.com/prnh/20130124/SF47758LOGO

/Web Site: http://www.bechtel.com

CO: Bechtel; Lockheed Martin; ATK; SOC LLC; Booz Allen Hamilton

ST: Virginia

IN: UTI OIL ARO

SU: LIC

PRN

-- SF79048 --

0000 03/07/2014 14:57:00 EDT http://www.prnewswire.com

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