June 17, 2005 — Lockheed Martin Corp. and The University of Texas System have signed an agreement that officially teams the two in the Department of Energy’s competition to manage the Los Alamos National Laboratory. Other members of the Lockheed Martin Los Alamos Alliance are CH2M Hill, headquartered in Denver, Colo., and Fluor Corporation, headquartered in Aliso Viejo, Calif.

Based in Bethesda, Maryland, Lockheed Martin employs about 130,000 people and is principally engaged in research, design, development, manufacture, and integration of advanced technology. Among its core markets are defense and intelligence.

Mark Yudof, University of Texas System Chancellor, said in a prepared statement that the university’s research concluded Lockheed could offer both a commitment to facilitating research as well as the capacity and track record of managing the kind of security that the lab requires.

Proposals for the Los Alamos management contract must be submitted to the Department of Energy by July 19. A decision is expected in December.