Contracts & Procurement

Bechtel National earned just over $7 million in fees for its work building the Waste Treatment Plant at the Energy Department’s Hanford Site near Richland Wash.: good for 71 percent of the total available for the fiscal year ended Sept. 30, 2016. DOE grades Bechtel in two major categories: the less-quantifiable project management category, which […]

Jeff Kerridge was appointed senior vice president of business development for AECOM’s Nuclear and Environment business unit, the company announced late Tuesday. Kerridge is responsible for “implementing strategies to build the N&E business [and] have responsibility for assuring quality and consistency in business development pursuits,” Los Angeles-based AECOM wrote in a press release. Kerridge was […]

The Department of Energy has rated the fiscal 2016 performance of Hanford Site support services provider Mission Support Alliance (MSA) as “very good.” The contractor earned 91 percent of the available fee, or a little more than $19.2 million. The fee included 94 percent of the maximum available for meeting milestones, or nearly $13 million, […]

By Wayne Barber The U.S. Court of Federal Claims, in a ruling earlier this month, held that an Entergy subsidiary is due more than $560,000 in spent fuel “characterization” costs from the U.S Energy Department. The court had already awarded utility Entergy Gulf States total damages exceeding $47.5 million for site modifications, additional security, and […]

The Energy Department said Thursday it has awarded Four Rivers Nuclear Partnership — a CH2M-led team that also includes Fluor Corp. and BWX Technologies — a contract worth about $1.5 billion over 10 years, including options, to deactivate and remediate the Paducah Gaseous Diffusion Plant near Paducah, Ky. DOE received four bids for the work, according […]

International Isotopes on Monday reported another net loss in the first quarter of 2017 on the back of a spike in operating expenses. President and CEO Steve Laflin said this week, though, that a new product offering and other opportunities in coming years could finally drive the company to profitability. The Idaho-based medical isotopes manufacturer […]

The U.S. Civilian Board of Contract Appeals on May 12 dismissed an appeal filed by the management and operations contractor of the Energy Department’s Savannah River Site over a dispute on the allowability of certain contract costs. In 2013, a DOE contracting officer “disallowed” $1.3 million paid to Savannah River Nuclear Solutions (SRNS) under the […]

The U.S. Civilian Board of Contract Appeals on May 12 dismissed an appeal filed by the management and operations contractor of the Energy Department’s Savannah River Site over a dispute on the allowability of certain contract costs. In 2013, a DOE contracting officer “disallowed” $1.3 million paid to Savannah River Nuclear Solutions (SRNS) under the […]

The U.S. Civilian Board of Contract Appeals on Friday dismissed an appeal filed by the management and operations contractor of the Energy Department’s Savannah River Site over a dispute on the allowability of certain contract costs. In 2013 a DOE contracting officer “disallowed” $1.3 million paid to Savannah River Nuclear Solutions (SRNS) under the contract […]

International Isotopes said Monday its net loss more than doubled in the first quarter on the back of a spike in operating expenses. The Idaho-based medical isotopes manufacturer and radiological services provider reported a quarterly net loss of $786,266 in its latest 10-Q form with the U.S. Securities and Exchange Commission. That was up by […]

Nuclear remediation and waste treatment provider Perma-Fix Environmental Services on Wednesday reported improvements in both revenue and operating losses for the first quarter of 2017. The Atlanta-based company brought in $12.7 million in revenue for the three months ended on March 31, up from $10 million in the same quarter of 2017. Revenue in the […]

The National Nuclear Security Administration has for a second time awarded the management and operations contract for its Nevada National Security Site – this time to Mission Support and Test Services LLC (MSTS), a partnership of Honeywell International, Jacobs Engineering Group, and Stoller Newport News Nuclear. The contract, valued at $5 billion over 10 years […]

Nuclear remediation and waste treatment provider Perma-Fix Environmental Services on Wednesday reported improvements in both revenue and operating losses for the first quarter of 2017. The Atlanta-based company brought in $12.7 million in revenue for the three months ended on March 31, up from $10 million in the same quarter of 2017. Revenue in the […]

AECOM, a near-ubiquitous presence on the Energy Department’s legacy nuclear cleanup sites, said this week that operating income at its Management Services division sank 55 percent year over year to slightly more than $50 million in the quarter ended March 31. Management Services’ earnings from joint ventures — including some of AECOM’s partnerships for DOE nuclear […]

Earnings at engineering services firm Jacobs, a support contractor at a number of Energy Department sites, fell more than 20 percent year over year to about $50 million for the fiscal second quarter ended March 31, the company said Tuesday. Quarterly revenue rose 20 percent to about $2.8 billion, according to the company’s latest earnings […]

Nuclear Waste Partnership President Phil Breidenbach is set to depart after two years of shepherding the company’s drive to reopen the Waste Isolation Pilot Plant, and the Energy Department is sending him away with a final set of good marks in the contractor's latest annual review. Nuclear Waste Partnership (NWP) nabbed $11.3 million in award […]

AECOM, a near-ubiquitous presence on the Energy Department’s legacy nuclear cleanup sites, said this week that operating income at its Management Services division sank 55 percent year over year to slightly more than $50 million in the quarter ended March 31. Management Services’ earnings from joint ventures — including some of AECOM’s partnerships for DOE nuclear […]

The management and operations contractor for the Department of Energy’s Waste Isolation Pilot Plant in New Mexico earned $11.3 million in award fees for fiscal 2016 – 84 percent of the total available $13.5 million. The majority of the money awarded to Nuclear Waste Partnership — $8.6 million out of a possible $10.1 million – […]

Nuclear remediation and waste treatment provider Perma-Fix Environmental Services on Wednesday reported improvements in both revenue and operating loss for the first quarter of 2017. The Atlanta-based company brought in $12.7 million in revenue for the three months ended on March 31, up from $10 million in the same quarter of 2017. Revenue in the […]

AECOM, a near-ubiquitous presence on the Energy Department’s legacy nuclear cleanup sites, saw operating income at its Management Services division sink 55 percent year over year to slightly more than $50 million in the quarter ended March 31, the company reported Tuesday. The segment’s earnings from joint ventures — including some of AECOM’s partnerships for DOE nuclear […]

Earnings at engineering services firm Jacobs, a support contractor at a number of Energy Department sites, fell more than 20 percent year-over-year to about $50 million for the fiscal second quarter ended March 31, the company said Tuesday. Quarterly revenue rose 20 percent to about $2.8 billion, according to the company’s latest earnings press release. […]

Fluor Corp.’s government division got a boost from the company’s nuclear cleanup work at the Energy Department’s Idaho and Portsmouth sites in the first quarter, boosting earnings almost 70 percent to roughly $30 million on revenue of about $765 million: about a 10-percent year-over-year increase. The gains for government were “primarily due to increased contributions from […]

CH2M posted net earnings of about $14 million in the first quarter of 2017: a more than 40-percent drop from a year ago as revenue inched down about 3.5 percent to almost $1.2 billion. During the quarter, the company completed a corporate restructuring that began in the third quarter of 2016. In the period ended […]

BWX Technologies on Monday reported $428.2 million in revenue for the first quarter of 2017, up by 17 percent from $364.8 million in the same quarter last year, and generally accepted accounting principles (GAAP) operating income of $83.2 million, spiking 95 percent year over year from $42.6 million. Earnings per share were reported at $0.55 in […]

Shipbuilder Huntington Ingalls Industries on Thursday reported revenue of $1.72 billion in the first quarter of 2017, a 2.2 percent decrease from the same period last year, and operating income of $164 million, down from $198 million year over year. Diluted earnings per share dropped from $2.87 in 2016 to $2.56 in the latest quarter. […]

Chicago-based power provider Exelon’s adjusted income and diluted earnings per share dipped in the first quarter, which the company capped off by completing its acquisition of the James A. FitzPatrick Nuclear Power Plant in New York state. Net income, on a non-generally accepted accounting principles (GAAP) basis, fell from $632 million in first-quarter 2016 to […]

BWX Technologies on Monday reported $428.2 million in revenue for the first quarter of 2017, up by 17 percent from $364.8 million in the same quarter last year, and generally accepted accounting principles (GAAP) operating income of $83.2 million, spiking 95 percent year over year from $42.6 million. Earnings per share were reported at $0.55 in […]

Chicago-based power provider Exelon’s adjusted income and diluted earnings per share dipped in the first quarter, which the company capped off by completing its acquisition of the James A. FitzPatrick Nuclear Power Plant in New York state. Net income, on a non-generally accepted accounting principles (GAAP) basis, fell from $632 million in first-quarter 2016 to […]

Utility Edison International on Monday reported net income of $362 million, or $1.11 per share, for the first quarter of 2017, a notable step up from $281 million, or $0.86 per share, in the same period for 2016. Based in Rosemead, Calif., Edison International is the parent company of Southern California Edison (SCE), majority owner […]

BWX Technologies on Monday reported $428.2 million in revenue for the first quarter of 2017, up by 17 percent from $364.8 million in the same quarter last year, and generally accepted accounting principles (GAAP) operating income of $83.2 million, spiking 95 percent year over year from$42.6 million. Earnings per share were reported at $0.55 in the […]