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Lab Notes: Bechtel pushes 2008 revenue to $31 billion

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By The Staff

Bechtel Corporation, parent of Bechtel National, one of the principal partners in Los Alamos National Security announced record revenues for 2008, the sixth straight record year, according to the privately owned company.

The company also announced a record $35 billion in new contract awards, the third straight year in that category.

Since 2004, the company has recorded an 80 percent increase in total revenues, from $17.4 billion to $31.4 billion.

The company’s annual report attributed income from oil, gas and chemicals as having set the pace for the most recent year.

“Last year Bechtel National maintained its role as a top service provider to the U.S. government. We helped cut costs and increase efficiency at Los Alamos National Laboratory in New Mexico and Lawrence Livermore National Laboratory in California, which are managed by teams led by Bechtel and the University of California,” the company reported.

Lab receives pollution prevention awards

The National Nuclear Security Administration awarded five Environmental Stewardship awards and three Best-in Class awards under its Pollution Prevention awards competition.


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