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NNSA Approves Sandia Transition Activities for Honeywell Subsidiary

Thursday, January 26th, 2017

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NNSA Approves Sandia Transition Activities for Honeywell Subsidiary

The National Nuclear Security Administration (NNSA) has approved a Honeywell International [HON] subsidiary to begin its transition activities to take over management and operations of the Sandia National Laboratories, the company announced Wednesday.The NNSA last month awarded the management and operations contract for Sandia to National Technology & Engineering Solutions of Sandia (NTESS), a wholly owned Honeywell subsidiary. The current contract is held by Lockheed Martin [LMT] subsidiary Sandia Corp. and will expire on April 30, leaving NTESS to take…

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