Publications: ExchangeMonitor Morning Briefing

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 from $82.2 million, or $0.89 a share, in the year-ago quarter, according to the […]

Urenco USA said Monday it has produced its first cylinder of low-enriched uranium plus (LEU+) at its plant in Eunice, N.M. “Through the coordinated efforts of teams from across our site and company, we can now supply an innovative fuel option for our customers and support the next generation of nuclear fuel technologies,” Jody Blackshear, […]

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 Summit, hosted by Sen. Jim Banks (R-Ind.), that the Navy is seeking proposals […]

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 ended Sept. 30 down from $0.59 in the prior year period. The […]

The Nuclear Regulatory Commission has finalized a rule Oct. 30 that would change the agency’s contested hearings process for its licensing applications and create three hearing paths. The three hearing tracks are: standard, focused and expedited. The standard proceeding will be for 18-month reviews, focused will be for 12-month reviews and expedited for “faster reviews,” […]

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 16% to $1.2 billion, $4.49 earnings per share (EPS), from $1.1 billion ($3.88 EPS) […]

Raytheon received an $8 billion contract from the Air Force Nuclear Weapons Center that runs through 2036 to support the modernization and production restart of Strategic Communications Terminals. Raytheon, based in Marlborough, Mass., was awarded the maximum-ceiling, cost-plus-fixed-fee, indefinite-delivery-indefinite-quantity contract for developmental modernization, production restart services and technical studies associated with the Air Force Nuclear […]

Studsvik, a Sweden-based nuclear technology company, is getting a new chief executive officer, the company announced Monday. The Studsvik board of directors appointed Stefan Håkansson, currently a senior executive with Öresundskraft, as president and CEO effective in February, pending regulatory clearances, the company said in a news release. Håkansson will succeed Karl Thedéen, “who has […]

The Nuclear Regulatory Commission recently issued a final safety evaluation report for advanced reactor developer X-energy’s first planned small modular reactor in Seadrift, Texas, completing its environmental review. According to X-energy’s Oct. 30 press release, NRC staff reviewed the company’s Xe-100 plant’s principal design criteria, safety analyses and other safety aspects and recommended that the […]

Westinghouse said it has begun a six-month front-end and engineering design study for its AP1000 reactor technology at Jaslovské Bohunice nuclear plant in Slovakia.  The study is funded by the Department of State’s Foundational Infrastructure for Responsible Use of Small Modular Reactor Technology Program, according to Westinghouse’s Oct. 28 press release. The company said the […]

Bethesda, Md. uranium broker Centrus Energy has manufactured its first centrifuge and is shipping it to its uranium enrichment facility in Piketon, Ohio, the company said Oct. 29. The centrifuge was made at Centrus’ Oak Ridge, Tenn. facility. This centrifuge was completed as a part of the company’s multibillion dollar expansion of its uranium enrichment […]

The Department of Energy’s nuclear cleanup branch has contracted a small business out of Tempe, Ariz., for the Infrastructure Support Services contract at the Portsmouth Site at Piketon, Ohio. In a Friday Oct. 30 news release, DOE’s Office of Environmental Management said the new potential five-year contract was being awarded to AIS Technical Services. The […]

Here are events related to nuclear matters that Exchange Monitor staff are tracking:  NOVEMBER: 02: Earnings call: BWX Technologies will hold its quarterly earnings call start at 5 p.m. Eastern Time.  03: Election day, mid-terms.  03: Earnings call: Leidos will hold its quarterly earnings call starting at 8 a.m. Eastern.  05: Earnings call: AtkinsRéalis Group […]

Sandia National Laboratories has been selected for $3.38 million in Department of Energy funding to develop analytical tools aimed at helping advance the safe, secure production of nuclear fuels for next-generation reactors. The funding is part of DOE’s nearly $50 million High-Performance Optimized Recycled Nuclear Isotopes for Gen IV Reactors, or HORNIG, program, administered by […]

The National Nuclear Security Administration (NNSA) is scheduled to conduct low-altitude helicopter flights Nov. 3 to Nov. 5 over South Florida, the agency said in an email last week. The agency’s Aerial Measuring System, radiation-sensing technology that flies on a Leonardo AW-139 helicopter at low levels, would measure any potential background radiation ahead of the […]

Three large Lithium-Ion batteries from the Department of Energy’s Waste Isolation Pilot Plant (WIPP), near Carlsbad, N.M., are being shipped to Pittsburgh where government researchers will study potential mine-fire risks. DOE and WIPP prime Salado Isolation Mining Contractors have reached an Inter-Agency Agreement with the National Institute of Occupational Safety and Health (NIOSH). The batteries […]

KNOXVILLE, Tenn. – The National Nuclear Security Administration expects to release a draft request for quotations (RFQ) for its Technical and Engineering Program Support 4 contract, or TEST 4, in January 2027, with the agency targeting contract performance beginning later that year. B.J. Quigley, NNSA’s senior procurement executive, said at the Energy Technology and Environmental […]

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 any disagreement with Parsons over the company’s operations, policies or practices, the company said Oct. […]

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 appropriations bill, doubled down on his predicted passage of the bill Wednesday after he […]

KNOXVILLE, TENN. — The Department of Energy’s Assistant Secretary for Environmental Management (EM) Tim Walsh said here Wednesday the nuclear cleanup branch is drawing closer to a deal with New Mexico over state permit modifications for the Waste Isolation Pilot Plant (WIPP) near Carlsbad, N.M. “So, we completed our mediation and it’s just with our […]

KNOXVILLE, Tenn. – With one year under his belt as Department of Energy Assistant Secretary for Environmental Management (EM), Tim Walsh remains bullish about tapping remediated land at government nuclear installations for redevelopment. . Walsh, joined by the principal deputy assistant secretary, or EM-2, Joel Bradburne, kicked off the Energy Technology and Environmental Business Association’s […]

The tank waste pretreatment system at the Department of Energy’s Hanford Site in Washington state set a record in September by removing cesium from 222,000 gallons of low-level liquid radioactive waste, DOE announced Tuesday.. The Tank-Side Cesium-Removal (TSCR) system started operation in 2022. TSCR is set up to filter out cesium and undissolved solids from […]

PanTeXas Deterrence LLC (PXD), the management and operating contractor for the Pantex Plant, has selected Emily Hunt as its first chief technology officer, creating a new executive role focused on modernization and research. Hunt will serve as Pantex’s lead scientist and oversee the plant’s long-term technology and innovation strategy, including efforts to expand research and […]

Constellation Energy was issued a conditional loan by the Department of Energy of up to $5 billion dollars to increase its operating reactor fleet capacity by 1,100 megawatts. Secretary of Energy Chris Wright and DOE’s Energy Dominance Financing Director Gregory Beard made the announcement at Constellation’s Byron Clean Energy Center in Ogle County, Ill. Tuesday […]

The Department of Energy’s prime contractor for the Waste Isolation Pilot Plant (WIPP) near Carlsbad, N.M., has hired Patrick Hefflinger as its new head of communications. Bechtel-led Salado Isolation Mining Contractors announced Hefflinger’s appointment in a Monday news release. Hefflinger, who has more than 15 years in the field, comes to WIPP after being a […]

The Pentagon said Monday it picked the USS Colorado (SSN-788) to be the first U.S. Navy Virginia-class attack submarine assigned to Submarine Rotation Force West (SRF-West), marking the next step in the AUKUS submarine process, starting in late 2027. SRF-West aims to help Australia prepare to ultimately operate, maintain and support its own nuclear-powered and […]

The Department of Energy’s Waste Isolation Pilot Plant (WIPP) near Carlsbad, N.M., will hold its next public meeting on Wednesday Nov. 4. The New Mexico Environment Department has proposed modifying WIPP’s state operating permit for the second time in four years. The state and DOE have been in talks about the issue. WIPP, managed for […]

BWX Technologies’ (BWXT) subsidiary, BWXT Advanced Fuels, will supply tri-structural – or TRISO – fuel to Antares Nuclear under a new multi-year agreement, the companies said Tuesday. Under this contract, BWXT will provide an initial supply of one metric ton of uranium of TRISO fuel to Antares. If Antares reactor deployment continues to grow, then […]

Fairbanks Morse Defense last week broke ground on a $60 million manufacturing facility that will increase production on Virginia-class naval propulsion components funded in part from international AUKUS funds. The company on Oct. 20 broke ground on the third Center of Excellence at the existing Bird-Johnson Propeller Company facility in Pascagoula, Miss., which it said […]

The Nuclear Regulatory Commission issued the final environmental impact statement for Global Laser Enrichment’s (GLE) proposed laser enrichment facility located near the Department of Energy’s Paducah Site in Kentucky. According to GLE’s Oct. 23 press release, NRC staff recommended issuing a license to construct and operate the facility. This issuance comes months after NRC published […]