ML051190028

Divestiture Plan Regarding Indirect Transfer of the Aerotest Radiography and Research Reactor (Arrr)

ML051190028
Person / Time
Site:	Aerotest
Issue date:	04/26/2005
From:	Mary Anderson Autoliv
To:	Mathews D, Mendonca M Office of Nuclear Reactor Regulation, NRC/NRR/DRIP/RNRP
References
Download: ML051190028 (2)

Text

Autoliv April 26,2005 David Mathews Director Mail Stop: 012-E5 United States Nuclear Regulatory Commission Office of Nuclear Reactor Regulation Washington, D.C. 20555-0001 Marvin Mendonca Senior Project Manager Mail Stop 012-G13 Operational Experience and Non-Power Reactors Branch Division of Regulatory Improvement Programs Office of Nuclear Reactor Regulation United States Nuclear Regulatory Commission Washington, D.C. 20555-0001 Via Facsimile (301-415-2279)

Re: Divestiture Plan Regarding Indirect Transfer of the Aerotest Radiography and Research Reactor (ARRR), DocketNo. 50-228 License No. R-98 Gentlemen:

Pursuant to our earlier correspondence and discussions, the following is a report of Aerotest's activities in support of its divestiture plan. As a preliminary matter, I would like to report that Aerotest continues to meet the provisions of the negation plan proposed in my letter of January 29, 2004. All directors of Aerotest Operations, Inc., its parent company and the parent of its parent company continue to be U.S. citizens. No non-U.S.

director of any company in the Autoliv family of companies has taken any role, no matter how minor, in the operations of Aerotest.

I have reported in earlier correspondence, our divestiture efforts continue to focus two customers of Aerotest that have expressed an interest in evaluating a purchase of the business. While remain hopeful that these contacts may lead to a divestiture, the lack of any progress toward a transaction has been frustrating. However, because the universe of possible buyers is so limited, we continue to view these as our best opportunities for divestiture, and will continue to pursue these opportunities.

In parallel, we have continued discussions with the offices of Senator Feinstein and Representative Pombo. The purpose of these discussions is to explain the ownership issue and seek any congressional assistance that might be available to resolve it. Based on our most recent dialogue, members of the staffs of Representative Pombo and Senator Feinstein will meet next week to review the situation.

Michael S. Anderson Vice Presidenh for Legal Allair AmercenTechnIcal Center and General Cowusel 1320 Pacjflic Drve Phone: t248) 475-0442 AutxLwn Hls, Ml 48326 Fax: (248) 475-9296 Phone: (248) 475-9000

The Aerotest business remainied strong. Aerotest's testing services continue to be predominately related to government contracts, virtually all in the defense field.

We will continue to comply with the negation plan contained in my January 29, 2004 letter, and to report to you at 60 day intervals concerning progress on our divestiture plan.

I would be happy to answer any question you may have about the foregoing. Please feel free to contact me at your convenience.

Very truly yours, Michael S. Anderson Vice President for Legal Affairs and General Counsel cc: R. Tsuldmura.