Senate seeks to extend government operations through Dec. 11 with latest CR
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Naval Nuclear Propulsion
Navy awards $76.6 billion for nine Virginia-class and five Columbia-class submarines
The Navy last week awarded General Dynamics (GD) Electric Boat a contract worth $76.6 billion to build nine Virginia-class Block VI attack submarines (SSNs) and five Columbia-class ballistic missile submarines (SSBNs) after years of delays. The Navy has been negotiating this deal with prime contractor Electric Boat and HII for up to 10 Block VI […]
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Recommissioning & Restarts
NRC preliminarily finds no significant environmental harm in Duane Arnold’s proposed restart
The Nuclear Regulatory Commission has issued a draft environmental assessment (EA) finding of no significant impact (FONSI) for NextEra Energy’s Duane Arnold Energy Center in Iowa Monday. With the issuance of the draft environmental documents, NRC is also seeking public input on the regulatory matters, according to the Federal Register notice. The comment period closes […]
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Contracts & Procurement
BWXT enjoys good 2nd quarter; sells off medical biz
Earnings rose at BWX Technologies (BWXT), Lynchburg, Va., in the 2nd quarter, which the government contractor attributed to growing interest in the nuclear industry. Net earnings for the second quarter ended June 30 were $89.1 million, or $0.97 a share, up from $78.5 million, or $0.85 a share, in the year-ago quarter, according to the […]
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Contracts & Procurement
HII turns in strong second quarter in nuclear markets
Huntington Ingalls Industries (HII) last week posted strong second quarter results driven by sales gains across its shipbuilding segments and operating earnings related to work on aircraft carriers and joint ventures in the nuclear and environmental markets. Net income soared 37% to $208 million, $5.27 earnings per share (EPS), from $152 million (3.86 EPS) a […]
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Cleanup & Remediation
DOE asks Richland, Wash., about annexing portion of Hanford Site
Department of Energy management at the Hanford Site is reportedly asking the City of Richland, Wash., to annex more than 740 acres of land at the federal nuclear installation. The Tri-City Herald newspaper reported Sunday that DOE is asking Richland to annex multiple parcels of land along the city’s northern border. If ultimately approved by […]
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Budget & Policy
Retired House member Kay Granger dies at age 83
Republican Kay Granger, who represented the Texas 12th Congressional district and chaired the House Appropriations Committee, has died at age 83, according to news reports from various media outlets Monday morning. Granger, who before retiring served in the U.S. House of Representatives for more than a quarter century, was the first Texas Republican woman elected […]
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Budget & Policy
House appropriator Kaptur hurt in car crash
Rep. Marcy Kaptur (D-Ohio) suffered “non-life-threatening injuries” as a result of a car crash on her way to church, according to a statement released by her office Sunday morning. News reports, such as the one on Cleveland.com said the wreck resulted from a hit-and-run by a driver who fled the scene. Cleveland.com said Kaptur was […]
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Advanced Nuclear & SMRs
CFS raises $1 billion in most recent funding round
Devens, Mass.-based fusion company Commonwealth Fusion Systems (CFS) raised $1 billion in additional equity funding, the company said July 30. CFS said in a press release the $1 billion financing round is the largest a fusion company has had since 2021 when CFS had a $1.8 billion Series B round then. This recent funding builds […]