GSE awarded contract in former Soviet Union

Maryland Watch

August 10, 1996

GSE Systems, a Columbia company that makes and designs software and simulators to train workers in the nuclear power and manufacturing industries, said yesterday that it has won a contract to supply control room training simulators to the former Soviet Union.

The company was awarded the $6.5 million contract by Pacific ZTC Northwest National Laboratory, a quasi-government agency connected to the U.S. Department of Energy. The contracts are part of an international effort to train workers and improve nuclear plant safety in the former Soviet Union.

GSE, a publicly held company, also makes training simulators for chemical plants and other high-tech industries.

Two of the jobs the company landed involve supplying nuclear power simulation systems to train workers at the Chernobyl nuclear plant in Ukraine, site of the world's worst nuclear reactor accident in 1986, and at the Novovoronezh power plant in Russia.

GSE, which had net income of $3.5 million on sales of $85 million in 1995, said it also will provide three analytical simulators to plants in Moscow, Kiev and Donskoy.

Pub Date: 8/10/96

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