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FEATURED UNLOCKED ARTICLE OF THE WEEK
AECOM to Spin Off Government Contracting Branch
AECOM plans next year to spin off the business that contracts with the U.S. Departments of Energy and Defense into a separate publicly traded company. The Los Angeles-based infrastructure multinational said Monday its Board of Directors unanimously signed off on the separation, which is expected to be completed in the second half of 2020. The new entity, so far unnamed, will then own stakes in a number of existing contracts for the Energy Department’s Office of Environmental Management (EM). AECOM hopes to secure additional deals in the federal nuclear cleanup complex before the spinoff is complete, executives said. Management Services also aims to increase its business with DOE’s semiautonomous National… |
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February 11-13, 2020
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Weapons Complex Morning Briefing |
NNSA, Contractor Could Settle $200M Lawsuit Over MOX Plant Cancellation
The National Nuclear Security Administration (NNSA) and the prime contractor for a canceled plutonium disposal plant in South Carolina have reached an agreement in principle to settle a $200 million lawsuit the company filed nearly three years ago after the… |
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Weapons Complex Monitor |
Energy Dept. Sites Ordered to Study Rad Waste Holdings, Safety
The Department of Energy is requiring over a dozen of its cleanup sites to conduct extensive evaluations of their radioactive waste holdings and safety practices, in hopes of preventing a repeat of the April 2018 sludge release at the Idaho… |
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RadWaste Monitor |
NRC Approves License Transfer for Closed New Jersey Nuclear Plant
The U.S. Nuclear Regulatory Commission on Thursday approved the transfer of the licenses for Exelon’s retired Oyster Creek Nuclear Generating Station in New Jersey to Holtec International. Holtec expects by next month to complete its acquisition of the facility, announced… |
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Nuclear Security & Deterrence Monitor |
Postponed Explosives Order Means Delay for W80-4 Warhead, GAO Says
Late delivery of insensitive high explosives to the Lawrence Livermore National Laboratory in California will delay by “at 2 two months” the National Nuclear Security Administration’s program to refurbish an old warhead for a next-generation air-launched cruise missile, the Government… |
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