Contracts & Procurement

Two regulatory agencies in California stress the U.S. Department of Energy must receive state approval before it can legally tear down 18 buildings within Area IV of the Santa Susana Field Laboratory cleanup site in Ventura County. The Energy Department last month issued a record of decision formalizing its intention to demolish the remaining structures […]

Bruce Stanski, the Fluor finance chief who stepped down in June as the company prepared to shed its government services business, is still consulting with the foundering construction giant as it seeks to right the ship, according to a regulatory filing. Stanski left the company in June but late last week signed an agreement to […]

U.S. Rep. Katie Hill (D-Calif.), who represents the congressional district that borders the Santa Susana Field Laboratory cleanup site, resigned from Congress on Sunday, only days after the House Ethics Committee launched an investigation into whether she violated congressional rules. The panel announced plans Oct. 23 to investigate allegations that the first-term lawmaker engaged in […]

The planned release of a draft record of decision (ROD) for a new 2.2-million-cubic yard landfill for the Oak Ridge Site in Tennessee has been delayed again, with the new target release date set for Dec. 19, a U.S. Energy Department spokesperson said Monday by email. The document had most recently been scheduled to drop […]

Leidos on Tuesday reported strong increases in its top and bottom lines in the third quarter, driven by growth across its operating segments and receipt of a payment going back to the 2004 Olympics in Greece. The company also reported record bookings and backlog, tallying $5.2 billion in orders that were nearly double sales that drove […]

Engineering, construction, and procurement giant Fluor continues to experience rough waters a month after announcing plans to sell its government services branch, which includes its U.S. Department of Energy contracts. For its third quarter ended Sept. 30, Fluor reported a net loss from continuing operations of $782 million, or $5.57 per diluted share, compared to […]

Edison International on Tuesday reported lower third-quarter 2019 income for itself and subsidiary Southern California Edison, taking hits from increased costs for fighting wildfires linked to its power lines. Company-wide net income came in at $471 million, $1.36 per share, dropping from $513 million, $1.57 per share, in the same quarter of 2018. However, adjusted […]

By Calvin Biesecker Raytheon on Thursday reported strong third quarter financial results driven by higher sales across its defense segments and improved operating performance and the company increased its outlook for the top and bottom lines this year. Net income soared 34% to $860 million, $3.08 earnings per share (EPS), from $644 million ($2.25 EPS) a […]

Engineering, construction, and procurement giant Fluor continues to experience rough waters a month after announcing plans to sell its government services branch, which includes its Department of Energy contracts. For its third quarter ended Sept. 30, Fluor reported a net loss from continuing operations of $782 million, or $5.57 per diluted share, compared to net […]

Bruce Stanski, who stepped down as Fluor chief finance officer in June as the company prepared to shed its government services business, is still consulting with the foundering construction giant as it seeks to right the ship, according to a regulatory filing. Stanski late last week signed an agreement to provide “non-executive services” and assistance […]

Former Consolidated Nuclear Security manager Linda Bauer will as of Friday be the new deputy director of the U.S. Department of Energy’s Lawrence Livermore National Laboratory in California. Top among her responsibilities, Bauer will backstop lab Director William Goldstein, acting as the director of the $2-billion-a-year nuclear weapons laboratory in his absence, if necessary. Bauer […]

By John Stang US Ecology collected over $13 million in insurance recoveries in the first nine months of the year due to the fatal November 2018 explosion at its Grand View, Idaho, waste treatment and disposal facility. That included $9.7 million in property insurance recoveries and $4.1 million in business interruption insurance, the Boise-based environmental […]

By John Stang As it faces a federal investigation over its lobbying practices, power company Exelon said Thursday it might close four nuclear power plants in Illinois if that state’s legislature does not pass legislation in 2020 to help keep them afloat. President and CEO Chris Crane said Exelon needs zero-emission credits for four plants […]

Former Consolidated Nuclear Security manager Linda Bauer will as of Friday be the new deputy director of the U.S. Department of Energy’s Lawrence Livermore National Laboratory in California. Among her responsibilities, Bauer will backstop lab Director William Goldstein, acting as the director of the $2-billion-a-year nuclear weapons laboratory in his absence, if necessary. Bauer will […]

US Ecology collected over $13 million in insurance recoveries in the first nine months of the year due to the fatal November 2018 explosion at its Grand View, Idaho, waste treatment and disposal facility. That included $9.7 million in property insurance recoveries and $4.1 million in business interruption insurance, the Boise-based environmental services company said […]

Engineering, construction, and procurement giant Fluor continues to experience rough waters a month after announcing plans to sell its government services branch, which includes its U.S. Department of Energy contracts. For its third quarter ended Sept. 30, Fluor reported a net loss from continuing operations of $782 million, or $5.57 per diluted share, compared to […]

Two regulatory agencies in California stress the U.S. Department of Energy must receive state approval before it can legally tear down 18 buildings within Area IV of the Santa Susana Field Laboratory cleanup site in Ventura County. The Energy Department last month issued a record of decision formalizing its intention to demolish the remaining structures […]

The U.S. Defense Nuclear Facilities Safety Board (DNFSB) wants information from the Energy Department by mid-November on potentially flammable radioactive waste storage drums at sites other than the Idaho National Laboratory. To date, DOE has only partly provided the federal nuclear health-and-safety watchdog with requested information regarding its review of an April 2018 incident in […]

Leidos on Tuesday reported strong increases in its top and bottom lines in the third quarter, driven by growth across its operating segments and receipt of a payment going back to the 2004 Olympics in Greece. The company also reported record bookings and backlog, tallying $5.2 billion in orders that were nearly double sales that drove […]

Edison International on Tuesday reported lower third-quarter 2019 income for itself and subsidiary Southern California Edison, taking hits from increased costs for fighting wildfires linked to its power lines. Company-wide net income came in at $471 million, $1.36 per share, dropping from $513 million, $1.57 per share, in the same quarter of 2018. However, adjusted […]

U.S. Rep. Katie Hill (D-Calif.), who represents the congressional district that includes the Santa Susana Field Laboratory cleanup site, resigned from Congress Sunday days after the House Ethics Committee launched an investigation into whether she violated congressional rules. The panel announced plans Oct. 23 to investigate allegations that Hill engaged in a sexual relationship with […]

The planned release of a draft record of decision (ROD) for a new 2.2-million-cubic yard landfill for the Oak Ridge Site in Tennessee has been delayed again, with the new target release date set for Dec. 19, a U.S. Energy Department spokesperson said Monday by email. The document had most recently been scheduled to drop […]

U.S. Rep. Greg Walden (R-Ore.), a longtime supporter of cleaning up the U.S. Energy Department’s Hanford Site in Washington state, said Monday he would not run for re-election in 2020. “So, I will not seek re-election to the U.S. House of Representatives, nor election to any other office, but instead I will close the public […]

Less than a month after being awarded $1.5 million from a federal jury for discrimination during a rehiring process, a former employee of the Savannah River Site’s liquid waste contractor is seeking an additional $1 million in compensation. That amount represents the pay she would have received from the time she was terminated in 2013 […]

Texas-based Fluor will discuss its quarterly financial performance Thursday for the first time since announcing its plans last month to divest its government contracting business. It’s also the engineering and construction company’s first quarterly review since another Energy Department contractor, AECOM, said earlier this month it has agreed to sell its government contracting branch to […]

Bruce Stanski, the Fluor finance chief who stepped down in June as the company prepared to shed its government services business, is still consulting with the foundering construction giant as it seeks to right the ship, according to a regulatory filing. Stanski left the company in June but late last week signed an agreement to […]

Raytheon on Thursday reported strong third quarter financial results driven by higher sales across its defense segments and improved operating performance and the company increased its outlook for the top and bottom lines this year. Net income soared 34% to $860 million, $3.08 earnings per share (EPS), from $644 million ($2.25 EPS) a year ago, topping […]

A National Academies of Sciences, Engineering, and Medicine panel will hold a day-long data gathering session Thursday in Richland, Wash., on alternatives to vitrifying all low-activity radioactive waste at the Energy Department’s Hanford Site in Washington state. The nearly-complete Waste Treatment Plant (WTP) being built by Bechtel National lacks capacity to convert all 56 million […]

Lockheed Martin on Tuesday posted strong third-quarter financial results driven by gains in three of its reporting segments and the company raised its earnings guidance for the year due to a tax benefit. Net income increased 9 percent to $1.6 billion, $5.66 earnings per share (EPS), from $1.5 billion ($5.14 EPS) a year ago, torching consensus […]

Mechanical and industrial contractor Intermech will build a dry storage area for highly radioactive cesium and strontium now stored underwater at the U.S. Energy Department’s Hanford Site in Washington state. The North Carolina-based company on Oct. 17 received a $5.5 million subcontract from Hanford cleanup contractor CH2M Hill Plateau Remediation Co. Construction of the dry […]