Publications: ExchangeMonitor Morning Briefing

Uranium broker and enrichment-technology developer Centrus Energy Corp., Bethesda, Md., took a hit on the bottom line for 2022, though its core operations reported good health and revenue was nearly level year-over-year. Centrus’ net income fell 70% to about $52 million for 2022, according to the company’s Wednesday 10-K filing with the Securities & Exchange […]

Over a year’s time, it is common for Department of Energy weapons complex sites to experience multiple fires that are recorded with the agency’s Occurrence Reporting and Processing System, according to a report from the agency’s Office of Enterprise Assessments. “The number of reportable fires per year [over a seven-year-period] ranged from 4 to 10, […]

Hundreds of employees evacuated the National Nuclear Security Administration’s main factory for nuclear-weapon secondary stages in Tennessee early Wednesday morning after a fire there, a spokesperson said. “There was a fire at approximately 9:15 involving uranium in Building 9212, a production facility onsite,” a spokesperson for the Y-12 National Security Complex in Oak Ridge, Tenn., […]

The Nuclear Regulatory Commission can allow California’s last nuclear power reactor to operate with an expired license, the plant’s owner wrote in a recent regulatory filing  Pacific Gas & Electric (PG&E) was rebuffing claims by a coalition of anti-nuclear groups who told the NRC the utility was asking the government to break the law in […]

SNC-Lavalin Group said Tuesday it has selected longtime Bechtel nuclear executive Jim Rugg to replace Tom Jouvanis as president of its Atkins Nuclear Secured Holding affiliate. Rugg, who spent more than 28 years at Bechtel, most recently as operations manager for defense and space, will officially become Atkins president on Feb. 27, according to the […]

Atomic Energy of Canada Limited expects to kick off a competitive bidding process this spring and host interested suitors next month for a new long-term management contract for Canadian Nuclear Laboratories. Since September 2015, the Canadian labs have been run by Canadian National Energy Alliance, a team made up of SNC-Lavalin, Jacobs and Fluor, said […]

Although its 2022 losses were less severe than a year ago, Constellation Energy, Baltimore, was still in the red thanks to higher operating costs and lower revenues, the utility said in earnings reports published last week. Net losses for Constellation, the company that spun off from Exelon’s generation business in February 2022 and which manages […]

The Department of Energy’s Waste Isolation Pilot Plant near Carlsbad, N.M., continues to study fire safety and other potential hazards that might arise from use of electric vehicles powered by big lithium-ion batteries, a federal safety panel said this month. “These hazards include fire, smoke, and combustion products, including hydrogen fluoride associated with the large […]

Pro2Serve, a national security engineering and information contractor active at Department of Energy nuclear sites, has added Lloyd Caldwell, a retired military programs director for the U.S. Army Corps of Engineers, to the Oak Ridge, Tenn.-based company’s board of directors. As the top civilian leader for the Army Corps’ defense and interagency programs, Caldwell was […]

Vladimir Putin, the Russian president, said Tuesday Russia will “suspend” its participation in the New START nuclear arms control treaty but adhere to the treaty’s limits on deployed strategic nuclear weapons. Media widely reported Putin’s remarks. The Russian Foreign Ministry tweeted that Putin announced the suspension during an address to Russian lawmakers in Moscow. According […]

Two Illinois nuclear power plants — one of which recently avoided a premature shutdown — are getting a multi-million cash injection thanks to a federal nuclear production tax credit, owner Constellation Energy announced Tuesday. The roughly $800 million infusion, which Constellation unveiled in a Tuesday press release, will be used to increase the generation output […]

A nearly two year-old federal lawsuit filed by environmental groups against the National Nuclear Security Administration’s planned plutonium-pit plant in South Carolina should enter its final stages this summer, recent court filings show. In a scheduling order filed Thursday, the U.S. District Court for the District of South Carolina in Aiken ordered the environmentalists to […]

The company in charge of decommissioning a shuttered New York nuclear power plant has finished packing spent fuel from one of the facility’s three reactors into storage canisters, a senior official said last week. Holtec International wrapped up fuel loading operations at Indian Point Energy Center’s Unit 2 reactor Feb. 1, site vice president Rich […]

Earnings improved at Fluor, Irving, Texas, in the fourth quarter, which the engineering and construction contractor for the Department of Energy attributed Tuesday to improved efficiency and certain financial adjustments. Net earnings for the fourth quarter ended Dec. 31 were $9 million, or a loss of $0.01 a share, up from a net loss of […]

21: Earnings call: Fluor will hold its fourth quarter earnings call starting at 8:30 a.m. Eastern Time. Recording will be available. 23: Earnings call: BWX Technologies will hold its regular quarterly earnings call starting at 5 p.m. Eastern Time.  27: Meeting: The technical program for the 2023 Waste Management Symposia kicks off at 10 a.m. […]

The Nuclear Regulatory Commission approved a plan to dispose of radioactive waste from the site of a 1979 mine spill in New Mexico, the agency announced Thursday. NRC Wednesday greenlit a license amendment for the shuttered United Nuclear Corporation Church Rock site, allowing a General Electric-led cleanup crew to transfer nearly a million tons of […]

Today is expected to be another cold, wintry one around the Department of Energy’s Los Alamos National Laboratory in New Mexico with a high temperature of 26 degrees Fahrenheit, but with a wind chill factor below zero, according to the National Weather Service. The laboratory suspended most on-site normal operations Wednesday due to snowy conditions, […]

ALEXANDRIA, VA — Upgrades to a nuclear-weapon test facility in Nevada are falling further behind schedule, government officials and weapon-site managers said here Wednesday. Officially called Enhanced Capability for Subcritical Experiments (ECSE), the upgrades involve expanding the Nevada National Security Site’s U1a underground complex and installing a sophisticated new x-ray camera to measure explosive plutonium […]

ALEXANDRIA, VA — The Lawrence Livermore National Laboratory was set to fire the first test in its Nimble series of subcritical experiments in the late summer, a senior lab official said here Wednesday. “The first one [called Nob Hill] is scheduled for August of this year, the next one [Twin Peaks] will be hopefully a […]

The joint venture building the delayed Outfall 200 Mercury Treatment Facility at the Department of Energy’s Oak Ridge Site in Tennessee was extended into May and could still be extended much longer, an agency spokesperson said this week. The most recent major contract roundup dated Feb. 9 for DOE’s Office of Environmental Management shows the […]

Two members of Nevada’s congressional delegation on Tuesday reintroduced a bill that, if made law, would spell the final end of the proposed Yucca Mountain permanent nuclear waste repository. The Nuclear Waste Informed Consent Act, unveiled in a Tuesday press release by Sen. Catherine Cortez Masto (D-Nev.) and Rep. Dina Titus (D-Nev), “will ensure that […]

Earnings dipped slightly at Parsons Corp., Centreville, Va., in the fourth quarter but were up for 2022 as a whole, which the government defense and infrastructure contractor attributed during a Wednesday conference call to organic growth.  Net earnings for the fourth quarter ended Dec. 31 were $28 million, or $0.25 a share, down slightly from […]

ARLINGTON, VA. — The National Nuclear Security Administration changed the design for the nuclear core of a planned intercontinental ballistic missile warhead late last year, a senior agency official said here Tuesday. Altering the design of the W87-1 plutonium pit, being developed by the agency’s Lawrence Livermore National Laboratory in California for the Air Force’s […]

Earnings rose at Leidos, Reston, Va., in the fourth quarter, which the federal contractor and services provider attributed to its diverse portfolio, although CEO Roger Krone said plans are underway for a government shutdown — just in case. Net earnings for the fourth quarter ended Dec. 30 were $180 million or $1.28 a share, up […]

Small businesses seeking a foothold in the $7.8-billion procurement market for the Department of Energy’s Office of Environmental Management can meet one-on-one with an agency representative at the upcoming Waste Management Symposia in Phoenix. Environmental Management will hold individual meetings with small businesses attending the Waste Management Symposia gathering, Feb. 27 – March 2 at […]