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Lockheed Martin Announces Los Alamos Bid Team

CHERRY HILL, N.J., June 16th, 2005 -- Lockheed Martin Corporation [NYSE: LMT] and The University of Texas System have signed an agreement that officially teams the two in the Department of Energy’s (DOE) competition to manage the Los Alamos National Laboratory (LANL). Other members of the Lockheed Martin Los Alamos Alliance are CH2M Hill, headquartered in Denver, Colo., and Fluor Corporation, headquartered in Aliso Viejo, Calif.

Dr. C. Paul Robinson, who will become LANL director if the Lockheed Martin-UT System team wins, said, “We have assembled a best-of-the-best team. Each member of our alliance is an experienced leader in fields of expertise required to efficiently and effectively plan, manage, and carry out the important science and technology that LANL must deliver to the nation. Simply put, we intend to provide the Los Alamos employees with the quality of leadership and management support they deserve.”

Proposals for the LANL management contract must be submitted to DOE by July 19. A decision is expected December 1.

“The UT System is one of the world’s great university systems,” Robinson said. “CH2M Hill is a highly experienced environmental clean-up and restoration leader that also has unique experience with plutonium components. Fluor is a premier engineering and construction company with extensive experience developing and managing large, high-tech projects, including major facilities at Los Alamos. Fluor also is consistently rated among the world’s safest contractors.”

Vital to the Lockheed Martin/UT System team are plans to partner with the Los Alamos residents and the citizens of Northern New Mexico communities, Robinson explained. “Our vision is that through our team’s efforts these locales will become even more attractive places to live, work, and develop new businesses,” he said.

Mark Yudof, UT System Chancellor, said the teaming agreement “represents an opportunity for Los Alamos National Laboratory to return to a position of unquestioned technical preeminence among our national laboratories.

“We decided to enter this competition,” he said, “because our research told us that Lockheed Martin was the only industrial partner that could offer the combination of unerring commitment to facilitating research as well as the capacity and track record of managing the on-going security requirements that a laboratory of this scope requires.”

Chancellor Yudof also said, “We envision a Los Alamos that draws upon the distinctive genius of researchers from many institutions across the nation, a Los Alamos where solid management gives those researchers the freedom to do their work, and a Los Alamos with a renewed confidence and recognition of its vital role in the science and security of our nation.”

Don Carson: (561) 748-6270