Contracts & Procurement

AECOM’s earnings in its fiscal third quarter grew company-wide and in the business segment that provides services widely across the Department of Energy complex. The quarter was highlighted by a $3.6 billion Air Force contract win in AECOM’s Management Services branch and a record $394 million in free cash flow, according to the Aug. 8 […]

Holding company Valhi Inc. said Tuesday it continues to seek new potential buyers for its Waste Control Specialists (WCS) subsidiary, but has not ruled out shutting down the business in the wake of its foiled acquisition by EnergySolutions. “We have in the past considered and evaluated various strategic alternatives with respect to our Waste Management […]

Less than a week after announcing their planned merger, Department of Energy contractors Jacobs Engineering and CH2M on Tuesday posted improved earnings figures in their latest quarterly reports. Jacobs’ $3.27 billion acquisition of CH2M, scheduled to close by the end of the year, would significantly deepen the Dallas-based professional services company’s reach into the DOE […]

BWX Technologies on Monday reported revenue and income increases in the second quarter at the company-wide level and in the business segment that handles its Department of Energy contracts. Revenue for the Lynchburg, Va., company came in at $410 million, 1.9 percent above the $402 million it collected in the same quarter of 2016, according […]

Management at Mission Support and Test Services (MSTS) did not receive a clear sense for why the venture secured the contract to manage and operate the Department of Energy’s Nevada National Security Site, incoming site manager Mark Martinez said Thursday. “They didn’t tell us why we won, they just told us that we won,” Martinez […]

French waste management company Veolia plans to acquire Ohio-based Wastren Advantage in a move that would further boost the Paris-based company’s reach into the Energy Department’s nuclear cleanup market. “I can confirm we are in the process of being acquired by Veolia subject to the necessary approvals from DOE for our mitigated entity,” Wastren Chief […]

Paris-based waste and water management giant Veolia on Monday reported higher revenue for the first half of 2017, while the net income picture was mixed based on whether net capital gains are included. Revenue spiked even higher for the company’s “Rest of the World” segment, which includes its Veolia Nuclear Solutions subsidiary. Total company revenue […]

Bad news about power plants, nuclear and otherwise, dominated discussion during Fluor Corp.’s second-quarter earnings call Thursday, shouldering out talk of the company’s work on clearnup of the Energy Deaprtment’s nuclear legacy. That latter work has gone well this year for the company, according to its latest 10-Q filing with the U.S. Securities and Exchange Commission. Fluor […]

The Department of Energy plans by the end of August to release a draft request for proposals to replace the contract now held by Mission Support Alliance for services at the Hanford Site in Washington state. The new Hanford mission essential services contractor would provide site services, security and emergency operations, land management, information technology […]

In a long-awaited development that figures to send ripples throughout the Energy Department’s Cold War nuclear cleanup program, Jacobs Engineering of Dallas will acquire engineering services company CH2M for $2.85 billion in cash and stock. Jacobs will also assume $416 million of CH2M debt under the transaction, which is expected to close in the fourth […]

Department of Energy support services contractor Professional Project Services (Pro2Serve) has announced the selection of Matthew C. “Cody” Lambert as its first chief technology officer. Lambert’s move from Pro2Serve’s director of software engineering to CTO is intended to more fully integrate information technology among the Oak Ridge, Tenn.-based technical and engineering services specialists’ range of […]

French waste management company Veolia plans to acquire Ohio-based Wastren Advantage in a move that would further boost the Paris-based company’s reach into the Energy Department’s nuclear cleanup market. “I can confirm we are in the process of being acquired by Veolia subject to the necessary approvals from DOE for our mitigated entity,” Wastren Chief […]

Huntington Ingalls Industries on Thursday reported revenue of $1.86 billion in the second quarter of 2017, up by 9.3 percent from the $1.7 billion it reported during the same period last year. The shipbuilder collected $237 million in operating income – up from $217 million last year – and $186 million in cash from operations, […]

Rich Abott Defense Daily Building a new intercontinental ballistic missile (ICBM) will be cheaper than upgrading the 1970s-era Minuteman III, a Boeing official said on Wednesday. Frank McCall, Boeing vice president for strategic deterrence systems, said affordability is just one of several reasons why the Air Force’s Ground-Based Strategic Deterrent (GBSD) plan to replace the Minuteman […]

Huntington Ingalls Industries on Thursday reported revenue of $1.86 billion in the second quarter of 2017, up by 9.3 percent from the $1.7 billion it reported during the same period last year. The shipbuilder collected $237 million in operating income – up from $217 million last year – and $186 million in cash from operations, […]

In a long-awaited development that figures to send ripples throughout the Energy Department’s Cold War nuclear cleanup program, Jacobs Engineering of Dallas will acquire engineering services company CH2M for $2.85 billion in cash and stock. Jacobs will also assume $416 million of CH2M debt under the transaction, which is expected to close in the fourth […]

Department of Energy support services contractor Professional Project Services (Pro2Serve) has announced the selection of Matthew C. “Cody” Lambert as chief technology officer. The addition of Lambert is intended to more fully incorporate information technology into the Oak Ridge, Tenn.-based technical and engineering services specialists’ range of offerings to its government and corporate customers, according to […]

Paris-based global waste management specialist Veolia on Monday reported higher revenue for the first half of 2017, while the net income picture was mixed based on whether net capital gains are included. Revenue spiked even higher for the company’s “Rest of the World” segment, which includes its Veolia Nuclear Solutions subsidiary. Total company revenue landed at […]

Fluor Corp. is scheduled to release its second-quarter earnings numbers after market close on Thursday. A conference call on the latest figures is scheduled for 5:30 p.m. EDT, featuring Chairman and CEO David Seaton and Chief Financial Officer Biggs Porter. In the first quarter, Fluor brought it $61 million in net earnings, $0.43 per diluted share, on total […]

Lockheed Martin and Leidos have allocated liabilities between themselves should the Department of Justice pursue a claim in connection with an ongoing false claims investigation of Mission Support Alliance, the support services contractor at the Hanford Site, according to a quarterly Securities and Exchange Commission filing from Lockheed Martin. In August 2016, Lockheed completed the […]

The Los Alamos National Laboratory is still waiting on word regarding a new contract for legacy nuclear cleanup at the Department of Energy facility in New Mexico, an official said Tuesday. DOE’s Office of Environmental Management (EM) in September 2016 issued its final request for proposals for the contract, which could be worth up to […]

The Energy Department on Wednesday released a request for information on a follow-up paramilitary security services contract at the Savannah River Site near Aiken, S.C. Centerra LLC is the incumbent SRS security contractor. Its roughly $1 billion security services for safeguard of special nuclear material contract, awarded in 2009, expires on Oct. 7, 2019. DOE […]

Jacobs Engineering, of Dallas, is in talks to purchase Dallas-based engineering firm and DOE nuclear contractor CH2M, the U.K. Telegraph reported last week. The rumored purchase, reported Sunday by the Telegraph to be in danger of collapsing, comes as CH2M is busily seeking even more nuclear cleanup work from the Department of Energy. Spokespersons for CH2M and Jacobs did not […]

Holtec International announced Thursday that it had hired a longtime nuclear energy industry executive as its new president and chief operating officer, assuming some of the responsibilities held by current President and CEO Kris Singh. William Levis will start work at the New Jersey-based energy technology company in October, according to a Holtec press release. […]

By Wayne Barber Environmental services and waste management provider US Ecology said Thursday that its operating and net incomes dropped in the second quarter, on a year-over-year basis, even as company-wide revenue spiked by nearly $4 million. Revenue landed at $126.1 million for the quarter ended June 30, 2017, up from $122.4 million in the […]

The County of Los Alamos, N.M., is unhappy with the Energy Department’s plans for the follow-on management and operations contract at the Los Alamos National Laboratory. The comments were included in an email to DOE signed by David Izraelevitz, chair of the Los Alamos County Council, also on behalf of the body’s vice chair and several […]

Mission Support and Test Services (MSTS), the contractor newly chosen to run the Nevada National Security Site, has announced its incoming leadership team as it proceeds with transition activities at the facility. Two veterans of Department of Energy national laboratories will take the top spots at the Nevada facility: Mark Martinez is the incoming site […]

Northrop Grumman on Wednesday reported increases in both revenue and net earnings for the second quarter of 2017. Sales landed at $6.4 billion in sales in the quarter, up by 6 percent from $6 billion during the same quarter of last year.  The defense-contracting giant also brought in earnings of $552 million, up by 7 percent from […]

Northrop Grumman on Wednesday reported increases in both revenue and net earnings for the second quarter of 2017. Sales landed at $6.4 billion in sales in the quarter, up by 6 percent from $6 billion during the same quarter of last year.  The defense-contracting giant also brought in earnings of $552 million, up by 7 percent from […]

The Energy Department on Wednesday released a request for information on a follow-up paramilitary security services contract at the Savannah River Site near Aiken, S.C. Centerra LLC is the incumbent SRS security contractor. Its roughly $1 billion security services for safeguard of special nuclear material contract, awarded in 2009, expires on Oct. 7, 2019. DOE […]