Contracts & Procurement

AtkinsRéalis has signed a 20-year agreement with First American Nuclear Company to become the engineering,  procurement and construction management provider for First American Nuclear’s small modular reactor deployments in North America. According to AtkinsRéalis’ Wednesday press release, work on the first task orders is already underway and agreement contemplates services are worth up to $250 […]

Earnings rose at Amentum, Chantilly, Va., in the second quarter of fiscal 2026, which the engineering and technology company attributed to favorable trends in its key business lines. Amentum announced its earnings in a Monday press release, followed by a conference call with Wall Street analysts Tuesday morning. Amentum’s earnings slide deck is also posted online […]

The Department of Energy’s Office of Environmental Management has exercised its second two-year option period with the Huntington Ingalls Industries-led legacy cleanup contractor at the Los Alamos National Laboratory, a DOE spokesperson confirmed Monday. As a result, Newport News Nuclear BWXT Los Alamos (N3B) will stay on the job through April 29, 2028, the spokesperson […]

Virginia-based Amentum reports its quarterly earnings Tuesday morning for the three-month period ending March 31. Amentum will discuss financial results for the second quarter of its fiscal 2026 with Wall Street analysts starting at 8:30 a.m. Eastern Time. As usual, the event will be webcast on Amentum’s investor website. Amentum basically follows the federal fiscal […]

AtkinsRéalis Group said Friday it is revamping its nuclear business in the United States, by setting up two operating divisions to better align with accelerating demand across the federal and commercial nuclear markets. “Jack Craig, Jr. will serve as senior vice president of Federal Services, where he will lead our federal nuclear portfolio, including our […]

Earnings fell at NuScale Power, Corvallis, Ore., in the first quarter, which the small modular reactor developer attributed to completing work and agreements last year related to the RoPower project in Romania. Revenue for the first quarter, ended March 31, was $600,000, down from $13.4 million in the first quarter in 2025. NuScale had a […]

AtkinsRéalis US Nuclear this week announced the appointment of Paul Larsen to its senior leadership team at the Hanford Site’s Central Plateau Cleanup Company. Central Plateau is an Amentum-led partnership with Fluor and Atkins,   Larsen has more than three decades of executive experience in radioactive waste management, nuclear construction, and high-hazard facility operation, AtkinsRéalis said […]

President Donald Trump issued an executive order April 30 that seeks to shift government procurement toward greater use of firm-fixed-price contracts. It is a change that could have implications across the Department of Energy’s nuclear weapons complex where “cost-plus” contracts are common.  When it comes to nuclear remediation contracts, vendors often don’t know the full […]

Earnings rose at Fluor, Irving, Texas, in the first quarter, which the international engineering and construction company attributed to awards in nuclear and other sectors. Net earnings attributable to Fluor for the quarter ended March 31 were $160 million or $1.08 a share up from a $241 million loss, or a $1.42 loss per share […]

Earnings rose at Fluor, Irving, Texas, in the first quarter, which the international engineering and construction company attributed to awards in nuclear and other sectors. Net earnings attributable to Fluor for the quarter ended March 31 were $160 million or $1.08 a share up from a $241 million loss, or a $1.42 loss per share […]

Earnings rose at Fluor, Irving, Texas, in the first quarter, which the international engineering and construction company attributed to awards in nuclear and other sectors. Net earnings attributable to Fluor for the quarter ended March 31 were $160 million or $1.08 a share up from a $241 million loss, or a $1.42 loss per share […]

Earnings rose at BWX Technologies (BWXT), Lynchburg, Va., in the first quarter, which the Department of Energy contractor attributed to opportunities in nuclear manufacturing and the company’s recent acquisition. Net earnings for the first quarter ended March 31 were $91.2 million, or $0.99 a share, up from $75.5 million, or $0.82 a share, in the […]

Earnings fell for Centrus Energy, based in Bethesda, Md., in the first quarter, which the uranium broker and enrichment technology developer attributed to an increase in advanced technology costs and paying off debt. Net earnings for the first quarter ended March 31 were $10 million, or $0.51 a share, compared to $27.2 million, or $1.60 […]

Earnings fell for Centrus Energy, based in Bethesda, Md., in the first quarter, which the uranium broker and enrichment technology developer attributed to an increase in advanced technology costs and paying off debt. Net earnings for the first quarter ended March 31 were $10 million, or $0.51 a share, compared to $27.2 million, or $1.60 […]

BWX Technologies said Thursday that it has received more than $1.4 billion in contracts under the U.S. Naval Nuclear Propulsion Program, continuing a steady stream of awards tied to the Navy’s submarine and aircraft carrier reactor enterprise.  The largest award, valued at roughly $1.285 billion, covers long-lead material procurement for fiscal 2026 and represents the […]

Earnings fell for Centrus Energy, based in Bethesda, Md., in the first quarter, which the uranium broker and enrichment technology developer attributed to an increase in advanced technology costs and paying off debt. Net earnings for the first quarter ended March 31 were $10 million, or $0.51 a share, compared to $27.2 million, or $1.60 […]

Westinghouse has hired Gaby Poirier to become the president of the company’s global operating plants business unit. Poirier comes from the global aluminum producer Alcoa, where he oversaw its Northern American operations and served as president of Alcoa Canada, according to Westinghouse’s Tuesday press release. In Poirier’s new role with Westinghouse, he will lead the […]

Delayed multi-ship contracts for 15 attack and ballistic missile submarines are finally expected in the second quarter of 2026, Huntington Ingalls Industries (HII) CEO Chris Kastner said in a company earnings call Tuesday. Kastner said the company is “making good progress on the [Virginia-class submarine] Block VI and the next Columbia contract with awards expected […]

Earnings rose at BWX Technologies (BWXT), Lynchburg, Va., in the first quarter, which the Department of Energy contractor attributed to opportunities in nuclear manufacturing and the company’s recent acquisition. Net earnings for the first quarter ended March 31 were $91.2 million, or $0.99 a share, up from $75.5 million, or $0.82 a share, in the […]

Just as it ended 2025, General Dynamics (GD) began 2026 with strong financial results, again led by the shipbuilding business while all of the company’s operating segments touted top and bottom-line increases in the first quarter. Net income rose 13% to $1.1 billion, $4.10 earnings per share (EPS), from $994 million ($3.66 EPS). Sales increased […]

Delayed multi-ship contracts for 15 attack and ballistic missile submarines are finally expected in the second quarter of 2026, Huntington Ingalls Industries (HII) CEO Chris Kastner said in a company earnings call Tuesday. Kastner said the company is “making good progress on the [Virginia-class submarine] Block VI and the next Columbia contract with awards expected […]

Earnings dropped at Centrus Energy, based in Bethesda, Md., in the first quarter, which the uranium broker and enrichment technology developer attributed to an increase in advanced technology costs and paying off debt. Net earnings for the first quarter ended March 31 were $10 million, or $0.51 a share, compared to $27.2 million, or $1.60 […]

Westinghouse has hired Gaby Poirier to become the president of the company’s global operating plants business unit. Poirier comes from the global aluminum producer Alcoa, where he oversaw its Northern American operations and served as president of Alcoa Canada, according to Westinghouse’s Tuesday press release. In Poirier’s new role with Westinghouse, he will lead the […]

Earnings rose at BWX Technologies (BWXT), Lynchburg, Va., in the first quarter, which the Department of Energy contractor attributed to opportunities in nuclear manufacturing and the company’s recent acquisition. Net earnings for the first quarter ended March 31 were $91.2 million, or $0.99 a share, up from $75.5 million, or $0.82 a share, in the […]

Texas-based Fluor has sold its remaining 40 million shares of NuScale Power Corp., and generated gross proceeds of $473 million, Fluor said in a recent filing with the Securities & Exchange Commission (SEC). The sale of Fluor’s remaining shares in NuScale, the small modular reactor developer, was completed April 23, Fluor said in the SEC […]

Fluor has apparently hired Bradley Smalldridge, most recently an executive with Aecon Group, as Fluor Energy Solutions vice president of nuclear operations. Smalldridge said Monday on LinkedIn that he has joined Irving, Texas-based Fluor. “In this role I am providing executive leadership and management oversight for Fluor nuclear power operation, focused on development and growth […]

Just as it ended 2025, General Dynamics (GD) began 2026 with strong financial results, again led by the shipbuilding business while all of the company’s operating segments touted top and bottom-line increases in the first quarter. Net income rose 13% to $1.1 billion, $4.10 earnings per share (EPS), from $994 million ($3.66 EPS). Sales increased […]

After serving in an interim capacity for the past year, Dan Sumner will become Westinghouse’s official president and chief executive officer, according to the company’s Monday press release. This new position is effective immediately, Westinghouse said. Sumner has served as the interim CEO for Westinghouse since April 2025 after former CEO Partrick Fragman retired from […]

A North Wind Group company said this week it has landed a share of U.S. Army Corps of Engineers business worth $275 million. North Wind Site Services said in an April 27 news release it has been awarded a seat on the Corps’ Northwestern Division Regional Pre-Placed Remedial Action Contract Multiple Award Task Order Contract […]

After serving in an interim capacity for the past year, Dan Sumner will become Westinghouse’s official president and chief executive officer, according to the company’s Monday press release. This new position is effective immediately, Westinghouse said. Sumner has served as the interim CEO for Westinghouse since April 2025 after former CEO Partrick Fragman retired from […]