Northrop Grumman to Bid on Los Alamos National Laboratory Management Contract
MCLEAN, Va., April 25, 2005 (PRIMEZONE) -- Northrop Grumman Corporation (NYSE:NOC) will leverage its expertise in advanced technology and large-scale program management to bid on the contract to manage Los Alamos National Laboratory. The seven-year agreement is potentially worth $2.2 billion per year. Extensions of up to 13 years could increase the total value of the program to $44 billion over 20 years.
Northrop Grumman will offer its expertise in advanced technologies in areas such as nuclear-reactor engineering for aircraft carriers and submarines, information assurance, precision manufacturing, material science, sensor and detection systems and high-energy lasers. The company will draw upon its successful track record in managing large-scale operations such as the George M. Low-award-winning Joint Base Operations and Support Contract for the Cape Canaveral Spaceport, the U.S. Missile Defense Agency's Joint National Integration Center and the Joint Forces Command's Cyber Warfare Integration Network.
The company also will utilize its knowledge gained by such cross-sector initiatives as the Kinetic Energy Interceptors program for the U.S. Missile Defense Agency, which will destroy hostile missiles at their most vulnerable phase; and CVN 21, the Navy's next-generation nuclear-powered aircraft carrier.
"Northrop Grumman's strength lies in its people -- scientists and engineers much like those at Los Alamos -- who apply their energy and creativity to solve the nation's most challenging problems," said Ronald D. Sugar, Northrop Grumman chairman, chief executive officer and president. "We have assembled this talent over the past decade through a series of acquisitions that have provided us with unique capabilities to bid on such a crucial program."
"Northrop Grumman's dedication to our nation's security makes us uniquely qualified to partner with Los Alamos," said James R. O'Neill, corporate vice president, and president of the Northrop Grumman Information Technology sector. "Our ability to manage large-scale operations will allow the lab staff to concentrate on their primary mission: science."
In addition, Northrop Grumman is assembling a world-class team of partners from the academic and business communities who offer particular expertise in areas such as scientific research.
Northrop Grumman Corporation is a global defense company headquartered in Los Angeles, Calif. Northrop Grumman provides technologically advanced, innovative products, services and solutions in systems integration, defense electronics, information technology, advanced aircraft, shipbuilding and space technology. With more than 125,000 employees, and operations in all 50 states and 25 countries, Northrop Grumman serves U.S. and international military, government and commercial customers.
CONTACT: Juli Ballesteros, APR
Northrop Grumman Information Technology
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