Publications: ExchangeMonitor Morning Briefing

In court documents filed Monday Holtec International, Jupiter, Fla., formally denied its ex-finance chief’s allegations that the company overvalued itself in an investor pitch.  Holtec also said the former chief financial officer, Kevin O’Rourke, acted maliciously and breached a non-disclosure agreement by filing a lawsuit that detailed, among other things, Holtec’s attempts to woo Hyundai […]

Looking toward a future as a developer of small nuclear reactors, Holtec International, Jupiter, Fla., added power generation to the responsibilities of its lead decommissioning executive, the company announced Monday. Kelly Trice is now president Nuclear Generation and Decommissioning for Holtec, the company wrote in a press release. In his new role, Kelly will now […]

Atkins Nuclear Secured Holding Corp. has appointed a former Bechtel National executive, Michael Hughes, to serve as an outside director on the Atkins board of directors, the company said in a Monday press release. Hughes, who has 35 years of experience leading nuclear ventures around the Department of Energy’s weapons complex, will provide oversight for […]

A community organization focused on reindustrialization around the Department of Energy’s Oak Ridge Site in Tennessee will close up shop within two years, the group said last week. The Community Reuse Organization of East Tennessee (CROET) is starting the “orderly, planned closing of the CROET Corporation and its affiliate organization, Heritage Center, LLC,” CROET announced […]

Consolidated Nuclear Security set up a reliable fire suppression system and procedures at the Y-12 National Security Complex in Oak Ridge, Tenn., according to a recent assessment by the Department of Energy’s Office of Enterprise Assessments. The Bechtel National-led site prime contractor “has established a comprehensive sitewide [fire protection program] and policy to ensure the […]

The winner of a decade-long, $45-billion liquid-waste cleanup contract at the Hanford Site on Tuesday appealed a court order that blocked work on the deal at the behest of a losing bidder. Hanford Tank Waste Operations and Closure asked the Court of Appeals for the Federal Circuit to overturn a June decision by the Court […]

Holtec International planned to meet with Nuclear Regulatory Commission staff Aug. 29 to discuss what the company says is the biggest regulatory hurdle to restarting the Palisades Nuclear Generating Station. The commission posted a notice of the meeting online Tuesday. Executives with Holtec International will join members of the NRC’s Office of Nuclear Reactor Regulation […]

Secretary of Energy Jennifer Granholm this week traveled to Missouri where she visited with the congresswoman whose district includes Jana Elementary School, which was closed and vacated due to radioactive contaminants from the Manhattan Project discovered in Coldwater Creek, just outside the school. The school is near the Formerly Utilized Sites Remedial Action Program cleanup […]

Workers at the Hanford Site in Washington state last week practiced thee early steps of solidifying liquid radioactive waste inside glass, a site contractor said Tuesday in a press release. Personnel poured glass beads called frit into a heated melter at the Waste Treatment and Immobilization Plant, liquifying the glass in a first-ever trial run […]

Perma-Fix, Atlanta, turned a profit in the second quarter of the year as revenues rose and the company regained what its CEO called pre-pandemic momentum. On a call with investors last week, CEO Mark Duff also said that Perma-Fix is on a team fighting to force the Department of Energy and the court system to […]

After almost four years on the job, Philip Strawbridge on Aug. 4 announced he would retire as Centrus Energy Corp.’s chief financial officer by the end of the month.  Strawbridge, who was 64 when he took the job, has served as a senior vice president, chief financial officer, chief administrative officer and treasurer of Centrus […]

The Department of Labor will host an informational session next week in Ohio for current and former nuclear weapons workers who may qualify for federal financial compensation for on-the-job illnesses, the agency said Tuesday. Labor will host the seven-hour session about the Energy Employees Occupational Illness Compensation Program Act on Aug. 16 at a hotel […]

Earnings fell at Jacobs, Dallas, in the third quarter of its fiscal 2023 year as the international engineer company continued to move toward a sale of its government contracting business. Net earnings for the quarter ended June 30 were $164 million, or $1.29 a share, down from net earnings of $196 million or $1.52 a […]

Revenue and earnings rose in the second quarter at Parsons Corp., Centreville, Va., buoyed year-over-year by the start of some federal contract work and the 2022 acquisition of cyber firm Xator. Net earnings for the second quarter ended were roughly $43 million, or $0.38 a share, up from about $18 million or $0.17 a share […]

A National Nuclear Security Administration facility in Albuquerque, N.M., received Leadership in Energy and Environmental Design Platinum certification from the U.S. Green Building Council, a first for any of the agency’s roughly 1,000 buildings. The John A. Gordon Albuquerque Complex Facility, a satellite campus that provides high-performance computing, research and engineering capabilities to nearby Los […]

Employees of federal agencies, including the Department of Energy and the Nuclear Regulatory Commission, were racing home early ahead of a big storm front that threatened the Washington, D.C. region with wind, rain, hail and perhaps even tornadoes. The Office of Personnel Management on Monday announced that federal offices would close at 3 p.m. That […]

International Atomic Energy Agency inspectors have gained access to the rooftops of two reactors of concern at Ukraine’s Zaporizhzhya Nuclear Power Plant and found no mines or explosives, the agency said Aug. 4.  Inspectors had asked for access to the roof area of reactors three and four repeatedly but were denied entry to inspect for […]

The Department of Energy said Friday it cleared a paperwork hurdle for a planned five-year extension of California’s Diablo Canyon Power Plant by adopting the Nuclear Regulatory Commission’s environmental reviews of the plant. DOE had a duty under federal law to do environmental diligence on Diablo Canyon after the department in 2022 agreed to provide […]

The Department of Energy on Friday released a little more than $3.5 million in funding for Four Rivers Nuclear Partnership to demolish facilities at the shuttered Paducah Gaseous Diffusion Plant in Kentucky.  The task order calls for demolition of the C-727 and C-146-A facilities. Parts of each formerly housed hazardous waste, so the Kentucky Energy […]

Two congressmen recently reintroduced a bipartisan bill to require the Nuclear Regulatory Commission to keep a federal inspector at shuttered nuclear power plants until all fuel at the plants is in dry storage. Reps. Mike Lawler (R-N.Y.) and Mike Levin (D-Calif.) reintroduced their bill, the Increasing Nuclear Safety Protocols for Extended Canister Transfers (INSPECT) Act […]

Here are some events related to defense and civilian nuclear matters that Exchange Monitor staff are tracking this week. 06-09: Utility Working Conference and Vendor Technology Expo, American Nuclear Society. JW Marriott, Marco Island, Marco Island, Fla. Participants include Petro Kotin, president of Ukraine’s State Enterprise National Nuclear Energy Generating Company, or “Energoatom,” who will […]

The Department of Energy’s Office of Economic Impact and Diversity seeks an external consultant to assess how the Joe Biden administration’s Justice40 program has affected economically underserved communities, according to recently published procurement documents. The small business contract has a one-year base period and a one-year option period. The base period will stretch well into […]

A federal judge will rule on a request from Consolidated Nuclear Security to throw out a suit brought by employees who allege, in a suit that has ground on for three years amid the plaintiffs’ failure to retain a lawyer, that the contractor improperly withheld wages from workers in Tennessee. Judge Katherine Crytzer did not […]

Construction continues around the clock on the High Explosives Science and Engineering facility at the Pantex Plant in Texas, where the first of three massive concrete slabs were recently poured during an all-night construction binge. Crews recently placed the first of three 2-foot-thick concrete mat slabs at the High Explosives Science and Engineering (HESE) project’s […]

Huntington Ingalls Industries, Newport News, Va., reported lower earnings in the quarter ended June 30 but called out revenue growth in shipbuilding and the Mission Technologies segment, which handles business with the Department of Energy. Net earnings for the quarter ended June 30 were $130 million, or $3.27 a share, down from $178 million or […]