Vol. 8, No. 73

Holtec overvalued itself in investor pitch; interim storage a money pit, ex-CFO says in lawsuit

To net an investment from Hyundai, Holtec International, Camden, N.J., wanted to lie about its value and about the prospects for its proposed interim spent-fuel storage business, a former Holtec executive alleged. Kevin O’Rourke, Holtec’s former chief financial officer, said he was fired in 2022 after about a year on the job for refusing to […]
  • MacVean to retire as CEO of Savannah River prime 

    Stuart MacVean, the president and CEO of Fluor-led Savannah River Nuclear Solutions, the prime contractor for the Department of Energy’s Savannah River Site in South Carolina, plans to retire in a few weeks, he said in a Monday memo to employees. “Although I’ll be around for a few more weeks, I bid a fond farewell […]

  • Honeywell VP at Savannah River moves to Huntington Ingalls

    A former Honeywell executive will remain at the Savannah River Site, jumping to Huntington Ingalls Industries to remain with Savannah River Nuclear Solutions now that Honeywell has sold its stake in the site prime contractor. James (J.C.) Epting said via LinkedIn on Sunday that he joined Huntington Ingalls as a senior vice president for Savannah […]

  • Record 1500 NDAA amendments include deadline extension for plutonium pit production

    Some of the 1,502 amendments filed in the House for an annual defense policy bill deal directly with the U.S. nuclear weapons enterprise, including a call to allow the National Nuclear Security Administration more time to make 80 new plutonium pits annually. Rep. John Garamendi (D-Calif.) filed an amendment to the 2024 National Defense Authorization […]

  • WIPP community forum coming up in Albuquerque

    The Department of Energy’s Carlsbad N.M. Field Office and its Bechtel contractor for the Waste Isolation Pilot Plant hold a community forum Tuesday evening July 11 at the Marriott Albuquerque. The public forum, viewable online, will be the first major public discussion by managers at the field office and Bechtel’s Salado Isolation Mining Contractors since […]

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