Vol. 5, No. 47

Budget & Policy

One-Quarter Continuing Resolution Fine, Full-Year Bad, NNSA Procurement Honcho Says

Three months of frozen budgets is probably no big deal for the National Nuclear Security Administration and its portfolio of 21st-century weapons-production construction, but a year’s worth would be bad news, a senior official said recently. “We’re inoculated for a period of about a quarter,” Bob Raines, the National Nuclear Security Administration’s (NNSA) associate administrator […]
  • Contracts & Procurement

    Despite COVID-19, BWXT Revenue Up Although Income Down in 3Q

    Lynchburg, Va.-based BWX Technologies hauled in $520 million in revenue during the third quarter, which ended Sept. 30, which is up 3% from the $506 million it took in during the same period a year ago, according to a Monday earnings release. Its net income for the quarter dipped a bit, however, as BWX Technologies […]

  • Reactor Licensing & Regulation

    FirstEnergy Third Quarter Earnings Beat Expectations

    Days after firing CEO Chuck Jones and two other executives, FirstEnergy Corp. reported third quarter earnings of $0.84 per share on revenue of $3 billion, up from $0.73 per share on revenue of $3 billion in the same quarter last year.  The Akron, Ohio-based company reported third-quarter profit of $454 million. FirstEnergy shares have lost […]

  • Reactor Licensing & Regulation

    Entergy Adds Ellis to Board of Directors

    Brian Ellis will join Entergy’s board of directors, expanding its size to 11.  Ellis is the senior vice president and general counsel at Washington, D.C.-based Danaher Corp., a global science and technology innovation company. Before Danaher, Ellis served as vice president and general counsel at Medtronic.  Last week, New Orleans-based Entergy announced that its third-quarter […]

  • International

    U.K. Nationalizing Operations of its Nuclear Weapons Complex

    The United Kingdom is nationalizing operations of its Atomic Weapons Establishment after letting contractors run it for nearly three decades, the Kingdom’s Ministry of Defence announced Monday. The Atomic Weapons Establishment will become a wholly-owned, arms-length body controlled by the Ministry of Defence, which will take over the heart of the U.K. nuclear weapons complex […]

  • Cleanup & Remediation

    Washington Ecology Nears Selection of New Nuclear Program Chief

    The director of the Washington state Department of Ecology Laura Watson hopes to have a new person in charge of nuclear waste cleanup by the end of the year. After spending five-and-a-half years in charge of Washington’s nuclear cleanup, much of which involves regulating the Department of Energy’s Hanford Site remediation, Alex Smith left the […]

  • Cleanup & Remediation

    This Week: Nuclear Waste and Weapons Events

    Here are some public events related to defense- and civilian-nuclear matters that the ExchangeMonitor staff is tracking this week. Monday: Financial results are out today from BWX Technologies for the quarter ended Sept. 30. U.S. Strategic Command kicks off its annual Strategic Command Deterrence Symposium — it’s virtual. Tuesday: This is election day as U.S. […]

  • Cleanup & Remediation

    Correction

    An article that appeared in the Oct. 19 Weapons Complex Morning Briefing [“Cesium Removal From Tanks Continues at Savannah River Site”] should have said that the Tank-Closure Cesium Removal unit is a demonstration project to provide an additional means of speeding tank closure. The story also should have said that cesium-rich resin removed from Tank […]

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