Contracts & Procurement

Net earnings fell drastically for Parsons, Chantilly, Va., after a big tax hit in its first quarter, but the federal contractor on Wednesday reported record revenue and healthy core operations. Parsons posted a net loss of about $107 million, or $1.01 a share, for the quarter ended March 31, down from earnings of roughly $25.5 […]

Earnings rose at Leidos, Reston, Va., in the first quarter, which the national security and technology company attributed to strong business demand across all its sectors. Net earnings for the first quarter ended March 29 were $283 million, or $2.07 a share, up from $164 million or $1.17 a share, in the year-ago quarter, according […]

Earnings rose at Leidos, Reston, Va., in the first quarter, which the national security and technology company attributed to strong business demand across all its sectors. Net earnings for the first quarter ended March 29 were $283 million, or $2.07 a share, up from $164 million or $1.17 a share, in the year-ago quarter, according […]

The Department of Energy nuclear cleanup branch has selected 14 small businesses to share in a set-aside contract worth up to $2 billion for Nationwide Deactivation, Decommissioning, and Removal work across the weapons complex, the agency said Thursday. The DOE Office of Environmental Management said in the same press release that the contract’s first task […]

AtkinsRéalis-led Hanford Tank Disposition Alliance this week asked the U.S. Court of Federal Claims for a permanent injunction blocking the Department of Energy from awarding a $45-billion liquid waste contract at the Hanford Site in Washington state to a BWX Technologies-led group. The memorandum in support of judgment on the record was filed this week […]

Although Swift & Staley lost a court battle over a long-term contract, the Department of Energy said this week it plans to keep the incumbent company in place as landlord of the Paducah Site in Kentucky for up to 16 months. In a Thursday notice published online, DOE’s Portsmouth-Paducah Project Office announced plans to extend […]

Earnings rose at Huntington Ingall Industries, Newport News, Va., in the first quarter, which the weapons and defense contractor attributed to growth in Mission Technologies and shipbuilding.   Net earnings for the quarter ended March 31 were $153 million, or $3.87 a share, up from $129 million, or $3.29 a share, in the year-ago quarter, […]

Net earnings fell drastically for Parsons, Chantilly, Va., after a big tax hit in its first quarter, but the federal contractor on Wednesday reported record revenue and healthy core operations. Parsons posted a net loss of about $107 million, or $1.01 a share, for the quarter ended March 31, down from earnings of roughly $25.5 […]

Pierre Oneid, formerly with Holtec International, joined EnergySolutions as vice president of business development, the Salt Lake City company said this week. “Pierre’s focus will be to support the development of our new offerings in the nuclear services arena,” Ken Robuck, president and CEO of EnergySolutions, said in a press release announcing the hire. At […]

Net earnings fell drastically for Parsons, Chantilly, Va., after a big tax hit in its first quarter, but the federal contractor on Wednesday reported record revenue and healthy core operations. Parsons posted a net loss of about $107 million, or $1.01 a share, for the quarter ended March 31, down from earnings of roughly $25.5 […]

Earnings rose at Leidos, Reston, Va., in the first quarter, which the national security and technology company attributed to strong business demand across all its sectors. Net earnings for the first quarter ended March 29 were $283 million, or $2.07 a share, up from $164 million or $1.17 a share, in the year-ago quarter, according […]

The Department of Energy’s Office of Science has issued a $1.9-million stopgap contract to a small local company for security work at the Oak Ridge Site in Tennessee, according to a procurement notice published Thursday. Golden Services of Kingston, Tenn., has been awarded a bridge contract until a follow-on contract is issued for “physical security […]

Consolidated Nuclear Security paid $18.4 million to settle allegations of timecard fraud at the Pantex Plant that date back to the company’s takeover of the facility, the Department of Justice said this week. “[B]etween July 1, 2014, and June 30, 2020, [Consolidated Nuclear Security] knowingly submitted false claims to the National Nuclear Security Administration (NNSA) […]

A federal court was wrong in June 2023 to block the Department of Energy’s award of a $45-billion liquid waste contract, the BWX Technologies-led team that won the work argued this week. Federal Claims Judge Marian Blank Horn’s decision to block the DOE’s April 2023 issuance of the contract to Hanford Tank Operations and Closure […]

A federal court was wrong in June 2023 to block the Department of Energy’s award of a $45-billion liquid waste contract, the BWX Technologies-led team that won the work argued this week. Federal Claims Judge Marian Blank Horn’s decision to block the DOE’s April 2023 issuance of the contract to Hanford Tank Operations and Closure […]

The Department of Justice on Tuesday said Consolidated Nuclear Security paid $18.4 million to settle allegations of timecard fraud at the Pantex Plant that date back to the company’s takeover of the facility in 2014. “[B]etween July 1, 2014, and June 30, 2020, [Consolidated Nuclear Security] knowingly submitted false claims to the National Nuclear Security […]

Responses to the Department of Energy’s rapid-fire request for subject matter expertise in licensing Centrus Energy Corp.’s latest centrifuge technology were due Monday. The agency released the request for information on Wednesday. Responses were due Thursday, but DOE bumped the due-date past the weekend and on to Monday. The agency is looking for someone with […]

Strategic Management Solutions, a small contractor for the Department of Energy and its National Nuclear Security Administration, has been acquired by a Louisiana-based private equity management firm led by a former Shaw Group executive. The purchase of Strategic Management Solutions, LLC (SMSI) was announced Tuesday in a press release by Bernhard Capital Partners. The buyer is based […]

Tennessee-based Boston Government Services said this week it hired a Leidos executive, Darrell Graddy, as chief strategy officer. Graddy spent eight years in Leidos involved in business development and project management and also spent 30 years in management roles at Lockheed Martin, Boston Government Services said in the press release. According to the release, Graddy is […]

Tennessee-based Boston Government Services said Monday it has hired a Leidos executive, Darrell Graddy, as chief strategy officer. Graddy spent eight years in Leidos involved in business development and project management and also spent 30 years in management roles at Lockheed Martin, Boston Government Services said in the press release. According to the release, Graddy […]

Strategic Management Solutions, a small contractor for the Department of Energy and its National Nuclear Security Administration, has been acquired by a Louisiana-based private equity management firm led by a former Shaw Group executive. The purchase of Strategic Management Solutions, LLC (SMSI) was announced Tuesday in a press release by Bernhard Capital Partners. The buyer […]

Local officials in Western Kentucky said Wednesday the Department of Energy is picking up its remaining two-year option on its Deactivation and Remediation Contract with Jacobs-led Four River Nuclear Partnership at the Paducah Site. Four Rivers, a joint venture that also includes Fluor and BWX Technologies, currently has a $1.7-billion contract that started in June […]

Local officials in Western Kentucky said Wednesday the Department of Energy is picking up its remaining two-year option on its Deactivation and Remediation Contract with Jacobs-led Four River Nuclear Partnership at the Paducah Site. Four Rivers, a joint venture that also includes Fluor and BWX Technologies, currently has a $1.7-billion contract that started in June […]

Strategic Management Solutions, a small contractor for the Department of Energy and its National Nuclear Security Administration, has been acquired by a Louisiana-based private equity management firm led by a former Shaw Group executive. The purchase of Strategic Management Solutions, LLC (SMSI) was announced Tuesday in a press release by Bernhard Capital Partners. The buyer […]

Tennessee-based Boston Government Services said Monday it has hired a Leidos executive, Darrell Graddy, as chief strategy officer. Graddy spent eight years in Leidos involved in business development and project management and also spent 30 years in management roles at Lockheed Martin, Boston Government Services said in the press release. According to the release, Graddy […]

The Department of Energy is giving bidders on the $2.9-billion Portsmouth / Paducah Project Office (PPPO) Operations and Site Mission Support contract until April 17 to tweak their proposals, sources tell Exchange Monitor. The contract will cover running depleted uranium hexafluoride conversion plants in Ohio and Kentucky, among other things. April 17 is the deadline […]

The National Nuclear Security Administration planned in June to award a one-year contract to study a pilot defense-uranium enrichment plant based on technology developed at the Oak Ridge National Laboratory, the agency said Friday. The semiautonomous Department of Energy nuclear weapons agency narrowed the timeline for the award in a question-and-answer document published on a […]

The Department of Energy is giving bidders on the $2.9-billion Portsmouth / Paducah Project Office (PPPO) Operations and Site Mission Support contract until April 17 to tweak their proposals, sources tell Exchange Monitor. The contract will mostly cover cleanup of Cold War-era uranium hexafluoride in Ohio and Kentucky, but it will also include production of depleted […]

The U.S. Court of Appeals for the Federal Circuit is being asked to weigh a Government Accountability Office decision in considering litigation over a potential $45-billion liquid waste contract at the Department of Energy’s Hanford Site in Washington state. In an April 1 decision, the Government Accountability Office (GAO) sustained a bid protest by TLS […]

The National Nuclear Security Administration planned in June to award a one-year contract to study a pilot defense-uranium enrichment plant based on technology developed at the Oak Ridge National Laboratory, the agency said Friday. The semiautonomous Department of Energy nuclear weapons agency narrowed the timeline for the award in a question-and-answer document published on a […]