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GHG Daily will not be published on Monday in observance of Martin Luther King Jr. Day. Look for the next edition in your inbox on Tuesday, Jan. 19.

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Huck selected as NNSA Savannah River field office manager

Betty Huck has taken over as manager of the National Nuclear Security Administration’s Savannah River Field Office, overseeing more than $2.9 billion in annual contracts at the South Carolina site, according to a Nov. 2 press release.
Huck succeeds Michael Mikolanis…

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Shipbuilding propels General Dynamics to strong third quarter

General Dynamics (GD) last week reported strong sales and earnings in the third quarter led by the company’s shipbuilding business followed by the Aerospace segment, the company said on its quarterly earnings call.
Overall, in the quarter, GD’s net income rose…

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Navy to consider SMRs at the Naval Weapons Crane

The United States Navy has selected its Naval Weapons Stations in Crane, Ind. to support large-scale advanced nuclear power generation at the naval installation.
Acting Secretary of the Navy Hung Cao announced on Oct. 28 at the 5th annual Northeast Indiana Defense…

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BWXT has strong third quarter due to Janus and other contracts

Earnings rose at Lynchburg, Va.- based BWX Technology (BWXT) in the third quarter, which the company attributed to trends in energy security challenges requiring nuclear solutions.
Net earnings for the third quarter ended were $102 million, or $1.11 a share, up…

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Shipbuilding leads HII to strong third quarter

Huntington Ingalls Industries (HII) reported strong third quarter financial results driven by strong shipbuilding sales, profit on the Virginia-class attack submarine program, and milestones achieved in unmanned maritime systems.
Net income soared 50% to $217 million,…

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Amentum signs MOU with Japanese company to commercialize fusion

Amentum and Japan-based Kyoto Fusioneering have signed a memorandum of understanding (MOU) to pursue commercial fusion production across Japan, the United Kingdom and the United States.
According to Amentum’s Tuesday press release, the MOU will create a framework…

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AtkinsRéalis becomes 100% owner of David Evans Enterprises

The international nuclear company AtkinsRéalis Group said Tuesday it has bought out the remaining interest in a U.S.-based energy consulting company that it invested in last year. 
In a Tuesday Nov. 3 news release, the Montreal-based AtkinsRéalis said it has…

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Industry reps provide insight on supplier needs amid growing energy demands

KNOXVILLE, Tenn. – As renewed interest in nuclear energy continues to materialize in the United States, nuclear companies are seeking multiple suppliers to help bring their plans to fruition, company representatives said here on Oct. 29.
Industry representatives…

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BWXT has strong third quarter thanks to Janus and other contracts

Earnings rose at Lynchburg, Va.- based BWX Technology (BWXT) in the third quarter, which the company attributed to trends in energy security challenges requiring nuclear solutions.
Net earnings for the third quarter ended were $102 million, or $1.11 a share, up…

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Parsons CEO keeps eye on elections, fiscal 27 budget

Chantilly, Va.-based Parsons Corp. reported last week that its third quarter net income was $54 million down from $64 million during the same three-month period in 2025.
According to its Oct. 28 earnings release, Parsons earnings per share was $0.51 in the quarter…

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Parsons CFO Ofilos to resign, former CFO interim successor

Parsons Corp. Chief Financial Officer Matt Ofilos will resign Nov. 6 to pursue another professional opportunity, with former CFO George Ball returning on an interim basis as the company searches for a permanent successor.
Ofilos’ resignation is not related to…

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Fleischmann expects passage of 2027 E&W bill by Dec. 11

KNOXVILLE, Tenn. – Rep. Chuck Fleischmann (R-Tenn.) told federal contractors and industry members here that he still expects the Energy and Water Development bill for fiscal 2027 to pass before Dec. 11.
Fleischmann, who wrote the most recent energy and water…

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SRS prime investing more in NNSA, DOE research

Savannah River Nuclear Solutions (SRNS), the joint prime contractor for Savannah River Site, is expanding research and development investments at the Savannah River Site with aims to accelerate technology development supporting the National Nuclear Security Administration’s…

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WIPP experienced two ‘near misses’ in August, DNFSB says

The Department of Energy’s disposal site for defense-related transuranic waste narrowly avoided two accidents in August, according to a September staff report from the Defense Nuclear Facilities Safety Board (DNFSB).
There were two separate “near miss” episodes,…

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Hegseth pushes for Defense reconciliation with at least $350B regardless’ of midterms outcome

Defense Secretary Pete Hegseth said last week the Trump administration plans to continue its push for at least $350 billion, “potentially more,” in defense funds via the reconciliation process “regardless of what happens in the midterms.” 

Hegseth’s doubling down on the push for a $1.5 trillion fiscal 2027 defense topline, to include the $350 billion sought through reconciliation, comes amid the department’s move to establish a new four-star Autonomous Warfare Command. He noted the mandatory spending request, or government funding channeled through any avenue other than annual appropriations, includes more than $50 billion for unmanned systems. 

“We’re lockstep on that with the White House. We’ll ensure, regardless of what happens in the midterms, we’re running fast immediately with the [congressional] committees to ensure that that reconciliation bill,” Hegseth said during a panel discussion at the Association of the U.S. Army’s annual conference in Washington D.C., “at a minimum of $350 [billion for defense], potentially more, ultimately fills up what this department needs in order for the president to ensure that we reestablish deterrence and rebuild the military around the world.”

“It’s not hyperbolic to state whether or not we rebuild our military to meet the threats of the future will depend on funding the president’s vision for $1.5 trillion,” Hegseth added. “And our goal, come hell or high water, and we’re working shoulder to shoulder with the [Joint Chiefs] chairman and the joint staff to get it, is to make sure we hit that number on behalf of the president and the country.”

While the government is currently operating under stopgap funding legislation with Congress having yet to pass final fiscal ‘27 appropriations bills or a negotiated reconciliation bill, Hegseth said Pentagon leaders’ “number one priority” is ensuring the department secures the full $1.5 trillion request. 

“Especially when you look at the deferred maintenance and the [continuing resolutions] that the services have had to endure for years and years and the chronic underfunding that’s existed,” Hegseth said. “Add that to the bureaucracy which adds more to the personnel costs and exquisite systems which crowds out [operations and maintenance funding] and certainly doesn’t leave any opening for any new innovations or new investments or new entrants.”

Prospects for passing another GOP-led reconciliation bill remain tenuous, with many lawmakers having yet to back the large defense spending request, to include lead Republican appropriations pushing back against the use of mandatory rather than discretionary funding for several top Pentagon priorities, and with Congress potentially facing a change in majority control in the next Congress following the upcoming midterms.

“The president recognizes all of this and said, ‘Hey, we would love to do it through the regular budget process but if we cannot then we’ll do it through reconciliation.’ And we will ensure, whether it’s $350 [billion] as a minimum [in] a reconciliation bill or more, that we meet the president’s expectation,” Hegseth said on Wednesday. 

Exchange Monitor affiliate Defense Daily first published a version of this story.

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Hegseth pushes for Defense reconciliation with at least $350B regardless of midterms outcome

Defense Secretary Pete Hegseth said last week the Trump administration plans to continue its push for at least $350 billion, “potentially more,” in defense funds via the reconciliation process “regardless of what happens in the midterms.” 

Hegseth’s doubling down on the push for a $1.5 trillion fiscal 2027 defense topline, to include the $350 billion sought through reconciliation, comes amid the department’s move to establish a new four-star Autonomous Warfare Command. He noted the mandatory spending request includes more than $50 billion for unmanned systems. 

“We’re lockstep on that with the White House. We’ll ensure, regardless of what happens in the midterms, we’re running fast immediately with the [congressional] committees to ensure that that reconciliation bill,” Hegseth said during a panel discussion at the Association of the U.S. Army’s annual conference in Washington D.C., “at a minimum of $350 [billion for defense], potentially more, ultimately fills up what this department needs in order for the president to ensure that we reestablish deterrence and rebuild the military around the world.”

“It’s not hyperbolic to state whether or not we rebuild our military to meet the threats of the future will depend on funding the president’s vision for $1.5 trillion,” Hegseth added. “And our goal, come hell or high water, and we’re working shoulder to shoulder with the [Joint Chiefs] chairman and the joint staff to get it, is to make sure we hit that number on behalf of the president and the country.”

While the government is currently operating under stopgap funding legislation with Congress having yet to pass final fiscal ‘27 appropriations bills or a negotiated reconciliation bill, Hegseth said Pentagon leaders’ “number one priority” is ensuring the department secures the full $1.5 trillion request. 

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