Vol. 5, No. 8 With Sale, AECOM Exits DOE Weapons Complex Contracting
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Contracts & Procurement
Profits at Honeywell’s Continuing Operations Grew in 2019
The continuing operations of Honeywell flashed 10% per-share earnings growth in 2019, the parent company of multiple Department of Energy site management contractors reported Friday. Excluding the effects of spinning off its transportation systems and commercial building technology units in 2018, Honeywell’s 2019 earnings rose on a per-share basis to $8.16, according to a press […]
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Budget & Policy
D.C. Observers Betting on Continuing Resolution for Fiscal 2021 Budget
WASHINGTON, D.C. – A hyper-partisan political climate, as reflected by the impeachment trial of President Donald Trump and the start of presidential primaries this month, reduces the chances of timely passage of appropriations bills to fund the government for fiscal 2021, issue watchers said last week. The Energy Department and other federal agencies are likely […]
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Budget & Policy
Canadian Utility Terminates Plan for Rad Waste Repository at Power Plant
Canadian utility Ontario Power Generation on Friday terminated its plan to build a nuclear waste disposal facility near Lake Huron after a First Nation group voted against the project. Members of the Saugeen Ojibway Nation (SON) on Friday voted 1,058 to 170 not to support the deep geologic repository for low- and intermediate-level radioactive waste. […]
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National Laboratories
Ex-LANL Scientist to be Sentenced in April for Alleged Lies About Chinese Connection
A federal judge is scheduled on April 22 to sentence a former Los Alamos National Laboratory physicist who has pleaded guilty to lying about his relationship with a Chinese talent recruitment program, according to a hearing notice filed Sunday. Turab Lookman, formerly of the New Mexico lab’s Theoretical Division, pleaded guilty in January to one […]
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Delivery Systems & Nuclear Triad
Lockheed Earns $474 Million Trident Life-Extension Contract
The Navy on Friday awarded Lockheed Martin a $474 million contract for Trident II (D5) ballistic missile life-extension work. The contract specifically covers the Life Extension 2 Strategic Systems Programs Alteration Advanced Development Program. Work will largely occur in Denver, Colo., and is expected to be finished by September 2026. The Navy obligated $3 million […]
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Decommissioning
Comprehensive Decommissioning International Secures Pilgrim Contract
Comprehensive Decommissioning International (CDI) has secured the contract for decommissioning the retired Pilgrim Nuclear Power Station in Massachusetts, one of the company’s owners said Monday. The deal is worth hundreds of millions of dollars, Canadian engineering firm SNC-Lavalin stated in a press release. It was signed Friday, CDI spokesman Pat O’Brien said by email. The […]