NNSA Awards $20.8 Million; Contract Extension

January 14, 2009

The National Nuclear Security Administration (NNSA) has awarded National Security Technologies LLC (NSTec) $20.8 million in award fee for the company’s “outstanding” efforts managing and operating the Nevada Test Site in 2008.

In just its second year of the current contract, NSTec received one of the top performance ratings of all the sites in NNSA’s nuclear weapons complex. The effort earned the company 95 percent of its annual fee, based on NNSA Nevada Site Office’s assessment of the FY08 Performance Evaluation Report.

“Not only did we earn a 95 percent earned fee amount, we achieved the criteria for being awarded an Award Term year, extending our contract through 2012,” NSTec President Steve Younger said. “Achieving one of the highest scores across the complex shows the level of dedication, hard work, and commitment to excellence NSTec has in fulfilling our mission at the Nevada Test Site.”

The contract extension could be worth approximately $450 million.