Fluor

Fluor completed the sale of 15 million shares of its Class A common stock of NuScale Power on Oct. 9 which resulted in net proceeds of $605 million. The completed sale of the stock was converted in August and reflects a gain of over 300% since NuScale, the small modular reactor company, went public in […]

Fluor completed the sale of 15 million shares of its Class A common stock of NuScale Power on Oct. 9 which resulted in net proceeds of $605 million. The completed sale of the stock was converted in August and reflects a gain of over 300% since NuScale, the small modular reactor company, went public in […]

AtkinsRéalis-led Mission Conversion Services Alliance is now handling landlord work at the Department of Energy’s Portsmouth and Paducah Sites, a company executive said Wednesday. Meanwhile, an Amentum-led team, Southern Ohio Cleanup, has taken over remediation at the Portsmouth Site in Piketon, Ohio. Southern Ohio’s contract is worth nearly $5.9 billion over 15 years. As for […]

AtkinsRéalis-led Mission Conversion Services Alliance is now handling landlord work at the Department of Energy’s Portsmouth and Paducah Sites, a company executive said Wednesday. Meanwhile, an Amentum-led team, Southern Ohio Cleanup, has taken over remediation at the Portsmouth Site in Piketon, Ohio. Southern Ohio’s contract is worth nearly $5.9 billion over 15 years. As for […]

The National Nuclear Security Administration’s (NNSA) prime at the Savannah River Site is seeking to speed construction on the plutonium pits facility in South Carolina. Fluor-led Savannah River Nuclear Solutions (SRNS) said in a Monday press release it is working with its partners to accelerate the major NNSA project. The release said crews are opening […]

The National Nuclear Security Administration’s (NNSA) prime at the Savannah River Site is seeking to speed construction on the plutonium pits facility in South Carolina. Fluor-led Savannah River Nuclear Solutions (SRNS) said in a Monday press release it is working with its partners to accelerate the major NNSA project. The release said crews are opening […]

Earnings rose at Fluor, Irving, Texas, in the second quarter, despite what the engineering and construction company described as hesitancy in world trade markets. Over the next 12 months, Fluor expects to pursue Department of Energy contracts for work at the Savannah River Plutonium Pits Project and to support high-assay low-enriched uranium (HALEU) nuclear fuel […]

Earnings rose at Fluor, Irving, Texas, in the second quarter, despite what the engineering and construction company described as hesitancy in world trade markets. Over the next 12 months, Fluor expects to pursue Department of Energy contracts for work at the Savannah River Plutonium Pits Project and to support high-assay low-enriched uranium (HALEU) nuclear fuel […]

Earnings rose at Fluor, Irving, Texas, in the second quarter, despite what the engineering and construction company described as hesitancy in world trade markets. Over the next 12 months, Fluor expects to pursue Department of Energy contracts for work at the Savannah River Plutonium Pits Project and to support high-assay low-enriched uranium (HALEU) nuclear fuel […]

Several publicly-traded companies doing business within the Department of Energy weapons complex are scheduled to report earnings in the coming weeks. Here is a rundown of currently scheduled earnings releases and conference calls.  Aug. 1 : Fluor, Irving, Texas, is scheduled to report its financial performance for the quarter ending June 30 on Aug. 1. […]

Several publicly-traded companies doing business within the Department of Energy weapons complex are scheduled to report earnings in the coming weeks. Here is a rundown of currently scheduled earnings releases and conference calls.  Fluor, Irving, Texas, is scheduled to report its financial performance for the quarter ending June 30 on Aug. 1. Fluor will webcast […]

Work crews at the Department of Energy’s Portsmouth Site in Ohio have started removing asbestos-laden outer panels from the mammoth X-333 Process Building at the old uranium enrichment complex. Workers are removing 16,000 transite panels from the X-333 Process Building over the next year and a half, the DOE Office of Environmental Management said in […]

Work crews at the Department of Energy’s Portsmouth Site in Ohio have started removing asbestos-laden outer panels from the mammoth X-333 Process Building at the old uranium enrichment complex. Workers are removing 16,000 transite panels from the X-333 Process Building over the next year and a half, the DOE Office of Environmental Management said in […]

Earnings fell at Fluor, Irving, Texas, in the first quarter, which the engineering and construction company that serves the Department of Energy and other federal clients attributed mostly to its non-government work. Net earnings for the first quarter ended March 31 reflected a loss of $241 million, or $1.42 a share, down from earnings of […]

Earnings fell at Fluor, Irving, Texas, in the first quarter, which the engineering and construction company that serves the Department of Energy and other federal clients attributed mostly to its non-government work. Net earnings for the first quarter ended March 31 reflected a loss of $241 million, or $1.42 a share, down from earnings of […]

Earnings fell at Fluor, Irving, Texas, in the first quarter, which the engineering and construction company that serves the Department of Energy and other federal clients attributed mostly to its non-government work. Net earnings for the first quarter ended March 31 reflected a loss of $241 million, or $1.42 a share, down from earnings of […]

The Senate on Wednesday afternoon unveiled its updated budget resolution that sets a blueprint for passing Trump administration priorities, retaining a proposal to boost defense spending by $150 billion. Sen. Lindsey Graham (R-S.C.), chair of the Budget Committee, said President Trump is “fully on board” with the upper chamber’s new resolution, which also includes raising […]

Texas-based Fluor has promoted a long-time company manager, Tracey Cook, to become its new chief human resources officer effective April 7. Cook is succeeding Stacy Dillow, who is leaving Fluor to pursue a new opportunity, Fluor said in a Monday press release. Dillow is leaving April 11, according to a filing with the Securities & Exchange […]

Texas-based Fluor announced early Tuesday it is promoting chief operating officer Jim Breuer to chief executive officer while the current CEO and board chair David Constable will become executive chair effective May 1. Fluor, a publicly-traded company, which has a large footprint in nuclear power as well as government contracts with the Department of Energy […]

Earnings rose at Fluor, Irving, Texas, in the fourth quarter as well as for the full year ended Dec. 31, 2024, which the company attributed Tuesday to projects ranging from data centers to Department of Energy nuclear cleanup. The numbers were also affected by the “equity method” of accounting for Fluor’s investment and “de-consolidation” from […]

Earnings rose at Fluor, Irving, Texas, in the fourth quarter as well as for the full year ended Dec. 31, 2024, which the company attributed Tuesday to projects ranging from data centers to Department of Energy nuclear cleanup. The numbers were also affected by the “equity method” of accounting for Fluor’s investment and “de-consolidation” from […]

Earnings rose at Fluor, Irving, Texas, in the fourth quarter as well as for the full year ended Dec. 31, 2024, which the company attributed Tuesday to projects ranging from data centers to Department of Energy nuclear cleanup. The numbers were also affected by the “equity method” of accounting for Fluor’s investment and “de-consolidation” from […]

Texas-based Fluor announced early Tuesday it is promoting chief operating officer Jim Breuer to chief executive officer while the current CEO and board chair David Constable will become executive chair effective May 1. Fluor, a publicly-traded company, which has a large footprint in nuclear power as well as government contracts with the Department of Energy […]

Earnings rose at Fluor, Irving, Texas, in the fourth quarter as well as for the full year ended Dec. 31, 2024, which the company attributed Tuesday to projects ranging from data centers to Department of Energy nuclear cleanup. The numbers were also affected by the “equity method” of accounting for Fluor’s investment and “de-consolidation” from […]

Texas-based Fluor announced early Tuesday it is promoting chief operating officer Jim Breuer to chief executive officer while the current CEO and board chair David Constable will become executive chair effective May 1. Fluor, a publicly-traded company, which has a large footprint in nuclear power as well as government contracts with the Department of Energy […]

Many workers at the Department of Energy’s Hanford Site near Richland, Wash., were sent home early Thursday evening due to a snowstorm that hit parts of Washington and Oregon, the Tri-City Herald reported.  The chance of continued snow showers lingers through the weekend, according to the National Weather Service forecast.   Perma-Fix Environmental Services has […]

A major Department of Energy contractor recently added a new member to its board of directors, while a much-used smaller contractor in the weapons complex announced the retirement of one of its managers. Idaho-based North Wind Group said Jan. 30 that Linda Beach, the company’s project manager office director, has retired. Beach has been affiliated […]

ARLINGTON, VA – Dennis Carr, the president and CEO of the prime contractor for the Savannah River Site in South Carolina says he is not seeking to head the Department of Energy’s Office of Energy, although “if asked I would consider it.” “People keep coming up and asking me that,” Carr told Exchange Monitor Tuesday […]

After getting a couple of snow days, employees for Fluor-BWXT, the Department of Energy cleanup contractor at the Portsmouth Site in Ohio, were urged to be cautious in returning to work Wednesday, according to a Facebook post. In the Tuesday post, Fluor-BWXT Portsmouth said the DOE site was providing help to move employees from the […]

The contractor in charge of converting a byproduct of uranium enrichment into a safer form at old gaseous diffusion plants in Ohio and Kentucky exceeded its targets for fiscal 2024, the Department of Energy said.  DOE recently made public its latest fee scorecards for both that contractor, Mid-America Conversion Services and separate cleanup contractors at […]