Publications: ExchangeMonitor Morning Briefing

As expected, states were still counting votes for President of the United States at deadline for Weapons Complex Morning Briefing. Democrats looked on track to maintain their majority in the House of Representatives, but the race to win the Senate was neck and neck, though the Republicans seemed to have a slight edge in the […]

Although it will nationalize the operations of its Atomic Weapons Establishment next June, the United Kingdom still plans to carve out a role in its nuclear weapons complex for industry, which managed the establishment for most of the last 30 years. “The new business model will see AWE [Atomic Weapons Establishment] plc continue to draw […]

The United States says the contractor for a cancelled plutonium recycling plant at the Savannah River Site still owes the feds millions of dollars because of allegedly fraudulent billing and called the company’s claim that it already paid back the sum smoke and mirrors, according to a new court filing. “MOX Services did make a […]

Managers at the Department of Energy’s Hanford Site in Washington state learned Tuesday that three more workers have tested positive for the coronavirus, according to a post on the property’s emergency operations website. That brings the unofficial total of COVID-19 cases at Hanford to 195 so far in 2020. That is based on a public […]

In an online session set for Nov. 10, the Department of Energy will discuss the final solicitation for a new technical assistance contract potentially worth $100 million at the Carlsbad Field Office in New Mexico. The DOE Office of Environmental Management issued the final request for proposals (RFP) last week. In a notice posted Tuesday, […]

Holtec International and Hitachi-GE Nuclear Energy have signed an agreement to implement Holtec’s HI-STORM UMAX dry cask storage canisters in Japan. The technology provides an alternative to the typical spent fuel dry storage technologies currently used in Japan, a Holtec press statement said. Japanese storage technologies are challenged by unique conditions such as regulator-mandated extremely […]

Should former Vice President Joe Biden (D) defeat President Donald Trump (R) in today’s election, several women — including a Republican — and a black man could be shortlisted as candidates for Biden’s first secretary of energy, a source with experience in both government and industry said Monday. The source spoke to Weapons Complex Morning […]

FirstEnergy Corp. reported third-quarter earnings above analyst expectations days after firing its CEO and other executives following a summer of corruption allegations about an Ohio state nuclear-power bailout. The Akron, Ohio-based energy company reported net earnings of $454 million, or $0.84 a share, up from $391 million, or $0.73 a share. Quarterly revenue was $3 […]

A former number-two at the National Nuclear Security Administration would not rule out a return to government service on the eve of the presidential election. “No comment,” Madelyn Creedon, principal deputy administrator of the National Nuclear Security Administration (NNSA) in the final years of the Barack Obama administration, said in a virtual meeting when asked […]

Prospective bidders are asking the Department of Energy for some leeway on making oral presentations for a potential $21-billion long-term contract for management of liquid waste at the Savannah River Site in South Carolina. Early this month, the department issued the request for proposals (RFP) for a potential 15-year contract for liquid waste management to […]

Although the Department of Energy has put the award on hold, BWX Technologies President and CEO Rex Geveden likes his company’s chances of retaining the potential $13-billion Tank Closure Contract at the Hanford Site in Washington state. “We feel good about our prospects there,” Geveden said during the Lynchburg, Va.-based company’s third-quarter earnings call Monday […]

NRC Planning to Resume Force-on-force Inspections in March The Nuclear Regulatory Commission plans to resume force-on-force inspections in March next year, staff said in a meeting Monday featuring panelists from the Nuclear Energy Institute, NextEra, Entergy and the Union of Concerned Scientists. After granting a number of exceptions to force-on-force inspections at nuclear reactors in […]

For the second time in less than two years, Fluor is naming a new chief executive officer. The Texas-based company said in a Monday filing with the Securities and Exchange Commission that it has named a board of directors member, David Constable, as the new CEO replacing Carlos Hernandez who has only been in the […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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. […]

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 […]

Lynchburg, Va.-based BWX Technologies will discuss its financial results for third quarter, ended Sept. 30, during a 9 a.m. Monday conference call with Wall Street analysts. During the second quarter, BWX Technologies (BWXT) reported net income was up $5 million to about $64 million, or $0.67 per share, from about $59 million, or $0.62 per […]

The National Nuclear Security Administration still had not at deadline released the final solicitation for the potentially $28-billion, $10-year contract to manage its two big nuclear-weapons production sites, but more information is percolating up through industry about the players interested in the deal. With the envisioned start of the transition from the Bechtel-led incumbent, Consolidated […]

Entergy is in conversations with the NRC and could close on its transfer of the three-unit Indian Point Energy Center license by the middle of 2021, a spokesman said in an earnings call Wednesday. NRC spokesman Scott Burnell told Weapons Complex Morning Briefing in an email on Monday the commission is on track to complete […]

By early next year, the Defense Nuclear Facilities Safety Board and the Department of Energy could sign a memorandum of understanding about how to share information under a two year-old DOE order that limits interactions between the federal agencies. On Tuesday, the board — a roughly $30-million-a-year agency with a staff of around 100 full-timers […]

Next week, the National Nuclear Security Administration will host a second virtual meeting with the public to discuss a planned release of tritium from the Los Alamos National Laboratory, according to a notice posted online. The second virtual meeting about venting flanged tritium waste containers is scheduled for Thursday, Nov. 5, from 5 p.m. to […]