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Jacobs Rumored to be Interested in Acquiring Fluor
Three industry sources said recently Fluor’s government services group, if not the entire company, could be an acquisition target for another player in the nuclear cleanup industry, Jacobs Engineering. Such a deal could further consolidate Jacobs’ hold on the business of environmental remediation for the U.S. Department of Energy, following its December 2017 purchase of CH2M. “There are people having those discussions” between Jacobs and Fluor, one source said on July 19. Fluor, the Irving, Texas-based global engineering, procurement, and construction provider, declined to comment. “Fluor Corporation does not provide public information in response to market rumors,” the company said in an email statement Sunday. “As a publicly-traded company, Fluor…
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Weapons Complex Morning Briefing
EPA Decision Expected in August on Radionuclide Effluent Standard at Oak Ridge
Environmental Protection Agency Administrator Andrew Wheeler is expected to rule in August on a dispute over waste discharge standards at the Energy Department’s Oak Ridge Site in Tennessee. Mary Walker, administrator for EPA Region 4, said in March the new…
Weapons Complex Monitor
Trump Administration Considering DOE Cleanup Leadership Options, Sources Say
The Donald Trump administration could already be planning for a new permanent head for the Department of Energy's nuclear cleanup office. While Energy Department senior adviser William (Ike) White is apt to stay in charge of the Office of Environmental Management…
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RadWaste Monitor
EnergySolutions Moves Into Power Plant Acquisitions for Decommissioning
Nuclear services firm EnergySolutions on Tuesday announced its first foray into the burgeoning business for buying retired nuclear power plants for decommissioning. The Salt Lake City-based company said it had inked a term sheet with a subsidiary of FirstEnergy Corp.…
Nuclear Security & Deterrence Monitor
Boeing Walks Away From ‘Unfair’ ICBM Competition
Citing “unfair” competition from a rival bidder, Boeing this week walked away from a potentially $25 billion Air Force contract to build the Ground-Based Strategic Deterrent (GBSD): the next generation of nuclear-tipped intercontinental ballistic missiles. In a July 23 letter…
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