Vol. 5, No. 10

Fluor Stock Drops By Nearly 25% in Tuesday Trading

Fluor’s stock lost nearly a quarter of its value in trading Tuesday after the company released partial earnings numbers because it is under investigation by the Securities and Exchange Commission (SEC) for 2019 accounting practices. The stock closed the day at $14.79 per share, roughly 24% lower than its Friday closing price of $19.54 per […]
  • Y-12 Pumped Out 500+ KG of Purified Uranium in 2019

    The Y-12 National Security Complex in Oak Ridge, Tenn., produced more than 500 kilograms of purified uranium in fiscal 2019, beating its internal target by about 10 kilograms, according to recent figures posted on the site’s blog. The total for 2019 was 512 kilograms of metal purified by the site’s Enriched Uranium Production unit, beating […]

  • Paducah Infrastructure Support Procurement Draws Interest

    Twenty firms attended the Feb. 11 industry day for a potential five-year contract to provide support services at the Department of Energy’s Paducah Site in Kentucky. In addition to incumbent Swift & Staley, participants included Spectra Tech, Atkins Nuclear, GEM Technologies, Navarra Research and Engineering, ARS Aleut Remediation, Banda Group International, Boston Government Services, and […]

  • Subcontractor to Provide Containers, Spare Melter for Hanford Vitrification Plant

    Utah-based Petersen Inc. has scored a $37.8 million subcontract to provide stainless-steel containers and an extra melter for the Waste Treatment and Immobilization Plant (WTP) being built at the Energy Department’s Hanford Site in Washington state. Plant construction and operations prime Bechtel National announced the award Tuesday. The vitrification plant will convert much of Hanford’s […]

  • Taxes Trim Leidos’ Fourth Quarter Earnings Despite Strong Sales

    Higher taxes led Leidos to report a slight dip in its fourth quarter earnings, but sales were strong and adjusted earnings easily topped analysts’ estimates. Net income in the quarter fell nearly 4% to $181 million, $1.26 earnings per share (EPS), from $188 million ($1.25 EPS) a year ago. Per-share results rose a penny due to […]

  • NRC Urges Court to Dismiss Industry Petition on VLLW Disposal Authority

    The Nuclear Regulatory Commission is asking a federal appeals court to dismiss a petition challenging its sole authority to regulate disposal of very low-level radioactive waste (VLLW) from nuclear power plants in the agency’s agreement states. The Nuclear Energy Institute missed the 60-day window to file a petition against the agency’s final determination of authority, […]

  • NorthStar Given More Time on Vermont Yankee LLW Transport Reports

    The Nuclear Regulatory Commission has granted an exemption to NorthStar Nuclear Decommissioning Co. on a reporting requirement for transport of low-level radioactive wastes from the Vermont Yankee nuclear power plant. In August 2019, NorthStar requested an extension from 20 days to 45 days to be notified that a waste shipment has arrived at the Waste Control […]

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