Contracts & Procurement

The Department of Energy is so far rejecting requests to extend the Aug. 10 deadline for bids on the contract to operate the Savannah River National Laboratory in South Carolina. Multiple potential bidders requested more time in question-and-answer documents published by DOE last week and Monday. Some asked to move the proposal deadline to late […]

A recent audit by the Energy Department’s Office of Inspector General found that a major vendor at the Hanford Site in Washington state, Mission Support Alliance (MSA), is not meeting its agreed-upon small business contracting commitments. The Leidos-led vendor, which provides landlord services at the former plutonium production complex that range from road maintenance to […]

Fluor Corp. said it has not reported formal earnings to the U.S. Securities and Exchange Commission in 2020, as reported in an article in the July 24 edition of Weapons Complex Monitor, and will not do so until it answers the regulator’s questions about 2019 earnings. In February, Flour disclosed some preliminary select financial results for […]

The Energy Department plans to take “corrective action” over concerns about its May award of a $13-billion long-term Tank Closure Contract at the Hanford Site in Washington state to the BWX Technologies-led Hanford Works Restoration. “Following our investigation and addressing other issues as appropriate, DOE will make a new award determination,” James Jurich, an attorney […]

Edison International and subsidiary Southern California Edison on Tuesday reported a significant drop in earnings for the second quarter of 2020, even as the parent company remained firmly in the black. Sales of fuel from the retired San Onofre Nuclear Generating Station (SONGS) helped offset the non-core loss per share at Southern California Edison (SCE), […]

General Dynamics on Wednesday posted lower earnings and sales in its second quarter on continued weakness in its Aerospace segment and an overall decline in its government and defense businesses due to impacts from the COVID-19 pandemic. Net income fell 23% to $625 million, $2.18 earnings per share (EPS), from $806 million ($2.77 EPS), three […]

The Energy Department plans to take “corrective action” on concerns regarding its May award of a $13-billion long-term Tank Closure Contract at the Hanford Site in Washington state to the BWX Technologies-led Hanford Works Restoration. “Following our investigation and addressing other issues as appropriate, DOE will make a new award determination,” James Jurich, an attorney […]

Boeing on Wednesday reported a loss in its second quarter, but not quite as bad as a year ago, as sales fell sharply on fewer commercial aircraft deliveries due to continued weakness in the 737 MAX passenger jet program, temporary shutdowns of some facilities in the spring, and the ongoing impacts to airlines from the novel […]

Raytheon Technologies on Tuesday said it swung to a loss in the second quarter largely due to a slump in commercial aerospace triggered by the ongoing COVID-19 pandemic. The company’s defense businesses performed well. The commercial outlook remains weak and the company has achieved its cost savings synergies for the year. Sales in the quarter […]

Edison International and subsidiary Southern California Edison on Tuesday reported a significant drop in earnings for the second quarter of 2020, even as the parent company remained firmly in the black. Sale of fuel from the retired San Onofre Nuclear Generating Station (SONGS) helped offset the non-core loss per share at Southern California Edison (SCE), […]

The Government Accountability Office (GAO) on Thursday dismissed the two challenges to the potential $13-billion Tank Closure Contract at the Energy Department’s Hanford Site in Washington state, but it is unclear if this spells victory for the BWX Technologies-led team that won the award. Three sources said Monday the congressional auditor dismissed the challenges filed […]

The Energy Department is so far rejecting requests to extend the Aug. 10 deadline for bids on the contract to operate the Savannah River National Laboratory in South Carolina. Multiple potential bidders requested more time in question-and-answer documents published by DOE last week and Monday. Some asked to move the proposal deadline to late August, […]

A recent audit by the Energy Department’s Office of Inspector General found that a major vendor at the Hanford Site in Washington state, Mission Support Alliance (MSA), is not meeting its agreed-upon small business contracting commitments. The Leidos-led vendor, which provides landlord services at the former plutonium production complex that range from road maintenance to […]

The COVID-19 pandemic “significantly impacted” earnings at Honeywell in the second quarter of 2020, the prime contractor for several major Department of Energy defense-nuclear sites said Friday. Company-wide, quarterly revenue fell almost 20% year over year to about $7.5 billion. Quarterly net income from continuing operations was down about 10% to just over $2.5 billion, […]

Lockheed Martin on Tuesday posted double-digit percentage gains to its top and bottom lines in the second quarter, driven by strong operating results across its business segments. The company raised guidance for sales, earnings and cash for 2020. Lockheed Martin was able to shrug off negative impacts from the ongoing COVID-19 pandemic, which it said […]

Huntington Ingalls Industries said Tuesday its operations for the Department of Energy would not be affected by the newly announced merging of two business groups. The corporate parent of Newport News Shipbuilding is combining two business lines within its Technical Solutions division: The previous Fleet Support and Mission Driven Innovative Solutions (MDIS) groups are becoming […]

Michael Steuert has ended his second term as chief financial officer for Fluor, and was succeeded Wednesday by longtime company executive Joe Brennan. The financially troubled Irving, Texas-based engineering and construction multinational announced the change on Friday. Steuert joined Fluor as CFO and senior vice president in 2001 and retired in 2012. He returned as […]

Michael Steuert has ended his second term as chief financial officer for Fluor, and was succeeded Wednesday by longtime company executive Joe Brennan. The financially troubled Irving, Texas-based engineering and construction multinational announced the change on Friday. Steuert joined Fluor as CFO and senior vice president in 2001 and retired in 2012. He returned as […]

The Energy Department Office of Environmental Management plans to beef up its procurement staff to evaluate contract proposals. The nuclear cleanup office said in a July 16 press release it is launching an “acquisition corps” to increase its talent pool of procurement specialists at field sites and the Cincinnati-based Environmental Management Consolidated Business Center (EMCBC). […]

The Energy Department has agreed to a contract extension lasting as long as two years for the incumbent remediation vendor at the Oak Ridge Site in Tennessee. The DOE Office of Environmental Management announced Monday it will exercise a one-year extension to keep URS/CH2M Oak Ridge (UCOR) on the job thorough July 2021. That would […]

Huntington Ingalls Industries said Tuesday its operations for the Department of Energy would not be affected by the newly announced merging of two business groups. The corporate parent of Newport News Shipbuilding is combining two business lines within its Technical Solutions division: The previous Fleet Support and Mission Driven Innovative Solutions (MDIS) groups are becoming […]

The Energy Department Office of Environmental Management plans to beef up its procurement staff to evaluate contract proposals. The nuclear cleanup office said in a July 16 press release it is launching an “acquisition corps” to increase its talent pool of procurement specialists at field sites and the Cincinnati-based Environmental Management Consolidated Business Center (EMCBC). […]

Lockheed Martin on Tuesday posted double-digit percentage gains to its top and bottom lines in the second quarter, driven by strong operating results across its business segments. The company raised guidance for sales, earnings and cash for 2020. Lockheed Martin was able to shrug off negative impacts from the ongoing COVID-19 pandemic, which it said […]

Huntington Ingalls Industries said Tuesday its operations for the Department of Energy would not be affected by the newly announced merging of two business groups. The corporate parent of Newport News Shipbuilding is combining two business lines within its Technical Solutions division: The previous Fleet Support and Mission Driven Innovative Solutions (MDIS) groups are becoming […]

The Energy Department has agreed to a contract extension lasting as long as two years for the incumbent remediation vendor at the Oak Ridge Site in Tennessee. The DOE Office of Environmental Management announced Monday it will exercise a one-year extension to keep URS/CH2M Hill Oak Ridge (UCOR) on the job thorough July 2021. That […]

Contractor Fluor-BWXT has promoted J.D. Dowell to become the new project director for remediation operations at the Energy Department’s Portsmouth Site in Ohio. Dowell, who has worked in nuclear management jobs for the military, DOE, and industry, has been at Portsmouth since 2018 as Fluor-BWXT’s deputy site director. In the new role, he will lead […]

A key part of the selection process for a new Idaho Cleanup Project contractor should happen in-person next month in Idaho Falls, according to the Department of Energy. Barring an uptick in COVID-19 cases near the Idaho National Laboratory, vendors vying for the $6.4 billion remediation award should be ready for oral presentations at the […]

The Energy Department last week said it plans up to yearlong extensions to existing contracts at the Hanford Site in Washington state for management of underground tank waste and laboratory testing services. Washington River Protection Solutions’ (WRPS) long-term contract, now valued at about $7.8 billion, could be extended to Sept. 30, 2021, according to a […]

Navarro Research and Engineering faces no challenges to Energy Department contract it won last month for a potential 10-year, $350 million contract to continue providing environmental services at the Nevada National Security Site. The Energy Department awarded the contract to the incumbent on June 17. The window for protest to the Government Accountability Office (GAO) […]

A nuclear medicine specialist is taking over as head of BWX Technologies’ medical isotope business after a stint as an adviser to a rival company. Martyn Coombs will on July 20 succeed Tom Burnett as president of BWXT ITG Canada, according to a press release Monday. Burnett is retiring. Coombs will assume profit and loss […]