BWX Technologies CEO Rex Geveden could share new details today on a 10-year, $45-billion Department of Energy contract recently awarded to a joint venture the company is leading at the Hanford Site in Washington state.
Lynchburg, Va.,-based BWXT will discuss the company’s first quarter 2023 financial earnings today at 5 p.m. Eastern time during a conference call with Wall Street analysts. The earnings will be reported shortly after the stock market closes at 4 p.m. Eastern Time.
Nearly a month ago, Hanford Tank Waste Operations & Closure, a team comprised of BWXT, Amentum and Fluor, was awarded the Integrated Tank Disposition Contract.
Debriefs on the contract award by DOE concluded around April 27, sources have told Exchange Monitor. Fluor CEO David Constable said during his company’s own earnings call Friday that some type of contract challenge is still possible.
No bid protest has been filed with the Government Accountability Office as of this past weekend for the contract that would replace the tank management contract held by Washington River Protection Solutions, an Amentum-Atkins partnership.
BWXT already leads the liquid waste cleanup contract at DOE’s Savannah River Site in South Carolina and the decommissioning and demolition contract at the Portsmouth Site in Ohio.
