Publications: ExchangeMonitor Morning Briefing

Here are events related to nuclear matters that Exchange Monitor staff are tracking:  February  23: Earnings call: BWXT will discuss quarterly financial results in an earnings call that starting at 5 p.m. Eastern Time.  26: Earnings call: NuScale Power will discuss quarterly financial results in a call that starts at 5 p.m. Eastern Time. March:  […]

The Natrium technology of Bellevue, Wash.-based TerraPower  has been accepted into the United Kingdom’s Generic Design Assessment process Feb. 19.  The Generic Design Assessment is the process used by U.K. nuclear and environmental regulators to evaluate new nuclear projects. TerraPower announced its intention to enter into the process in April 2025 and submitted the application in […]

A March 5 Energy Communities Alliance (ECA)  webinar will focus on opportunities for co-locating waste storage and advanced nuclear fuel facilities within nuclear power sites. In an online meeting description, ECA said co-location can reduce transportation risks, optimize infrastructure and allow for a more complete fuel cycle. The panelists, not yet announced, will discuss the […]

The Air Force faces software design challenges for Northrop Grumman’s future LGM-35A Sentinel intercontinental ballistic missile (ICBM), according to the Government Accountability Office (GAO). “Sentinel is software-intensive, and development progress remains slower than anticipated,” the new GAO two-page ‘national security snapshot‘ on Sentinel said. “These delays have raised concerns from program officials about the prime […]

The Australian government is heralding an investment of $2.75 billion to start building a new submarine construction yard in Osborne, South Australia. Prime Minister Anthony Albanese’s government expects the overall submarine program will create almost 10,000 jobs in the region and project investments reaching upwards of $21 billion total over the next decades to build […]

This month the U.S. Army Corps of Engineers, St. Louis District, began tearing down a half-dozen homes in the Cades Cove neighborhood of Florissant, Mo., as part of the ongoing cleanup along Coldwater Creek. The work is part of the Formerly Utilized Sites Remedial Action Program (FUSRAP) that targets legacy contamination from the early atomic […]

The Nuclear Regulatory Commission (NRC) has accepted the first part of a Holtec International subsidiary’s construction permit application for review, according to Holtec’s Wednesday LinkedIn post. NRC said in a Feb. 13 letter it has completed the acceptance review for the permit, submitted Dec. 31 by Holtec’s SMR, LLC.. Along with the first part of […]

Two Washington state lawmakers have introduced legislation that requests the governor pursue the Department of Energy’s state nuclear lifecycle campus inquiry. The bill, House Joint Memorial 4016, was initiated by state Reps. Stephanie Barnard (R) and Mark Klicker (R) on Feb. 14.   The two lawmakers represent districts not far from DOE’s largest nuclear cleanup site […]

The Air Force is to start construction this month of a prototype silo for the Sentinel LGM-35A future intercontinental ballistic missile (ICBM) by Northrop Grumman, the service said on Tuesday. The construction is in advance of a planned Pentagon engineering and manufacturing development (EMD) recertification decision on the ballistic missile this year and a first […]

The path to achieve the White House’s call for a $1.5 trillion defense topline in 2027 appears murkier now after President Donald Trump has cast doubt on the prospects of a second reconciliation bill. After Republicans included $150 billion for defense in last year’s One Big Beautiful Bill Act (OBBBA), signs pointed to a push […]

Earnings fell at Fluor, Irving, Texas, during the fourth quarter of 2025, which the engineering and construction company partly attributes to a share buyback program and losing an overseas court ruling. Net earnings for the quarter ended Dec. 31 were a net loss of $1.6 billion or a loss of $9.87 a share, down from […]

The Department of Energy’s Waste Isolation Pilot Plant (WIPP) near Carlsbad, N.M. is in the midst of a winter outage that could last through mid-March, according to a site spokesperson.  During the outage, receipt of transuranic (TRU) waste from various sites across the DOE complex is on hold. The spokesperson could not immediately provide Exchange […]

The Department of Energy’s Idaho National Laboratory (INL) and the tech powerhouse Nvidia have partnered to employ artificial intelligence (AI) to accelerate nuclear reactor development. The partnership stems from President Donald Trump administration’s Genesis Mission, according to INL’s Tuesday press release. The Genesis Mission comes from a Trump executive order in November that calls for […]

Given limited staff, the Department of Energy needs a management plan for projects run through DOE’s Office of Clean Energy Demonstrations (OCED), the Government Accountability Office (GAO) said last week. OCED was created in 2021 to manage DOE’s clean energy, including nuclear, technology-based demonstration projects. The subagency has a framework that includes a phased project […]

Rafael Grossi, director general of the International Atomic Energy Agency (IAEA), met with Iranian Foreign Minister Seyed Abbas Araghchi in Geneva, and progress was made on nuclear issues, according to the Iranian government’s website Monday. According to the Iranian Ministry of Foreign Affairs website, Grossi met with Araghchi on behalf of the United Nations nuclear […]

Navy Secretary John Phelan on Thursday hinted the Navy’s fiscal year 2027 budget request will more than double the 17 ships funded in the fiscal 2026 defense appropriations law, with a specific focus on auxiliary and support vessels. “So I can’t talk a lot about the ‘27 budget. What I’ll say is if you look […]

Tennessee is evaluating the Department of Energy’s request for information (RFI) to host a nuclear lifecycle hub, a spokesperson said last week. In a Feb. 9 email  to Exchange Monitor, Chris O’Brien, a spokesperson for the Tennessee Department of Economic and Community Development, said state representatives have talked with key stakeholders about the federal RFI. […]

More than 100 company and individual attendees took part in a Department of Energy session in December on development plans for an artificial intelligence data center at the Paducah Site in Kentucky, according to an online procurement notice. Amentum, Ameresco, Big Rivers Electric Cooperative, Burns & McDonnell, BWXT, Catawba, Fluor, General Matter, Geosyntec, Global Laser […]

The Nuclear Regulatory Commission (NRC) issued TRISO-X a special nuclear material license, allowing the company to use high-assay low-enriched uranium (HALEU) at its fuel fabrication facility in Oak Ridge, Tenn.  The two facilities were issued an initial 40-year license by NRC. TX-1 will be operated by X-Energy’s subsidiary company TRISO-X. When TX-1 is completed, then […]

Here are events related to nuclear matters that Exchange Monitor staff are tracking:  February  17: Earnings call: : Leidos will discuss quarterly earnings results in a conference call with analysts starting at 8 a.m. ET.  17: Earnings call: Fluor will discuss quarterly financial results in a call with analysts starting at 8:30 a.m. Eastern Time. […]

Virginia-based Amentum holds an ownership stake in about 30 active joint ventures, the company said in a financial filing last week with the Securities and Exchange Commission (SEC). Amentum’s ownership percentages in these joint ventures, typically limited liability corporations or LLCs, “range from 25% to 50%,” the company said in an SEC filing around the […]

A nuclear reactor was airlifted from March Air Force Base (AFB), Calif. to Hill AFB, Utah, on Sunday, according to a release on the Pentagon’s website. This is the first time a nuclear reactor has been airlifted as a form of transport. Three C-17 transport planes flew individual components of a Valar Atomics 250 nuclear […]

The Navy’s first Columbia-class submarine is back on schedule to deliver by 2028, nine months ahead of schedule, the program executive officer for Strategic Submarines said Feb. 11.. This program update comes after the Navy and industry implemented an acceleration plan that put all the modules to the final assembly shipyard by the end of […]

Sens. James Risch (R-Idaho) and Ruben Gallego (D-Ariz.) reintroduced a bill Tuesday focused on a funding program to reduce financial risk for new nuclear projects.  The 18-page Accelerating Reliable Capacity (ARC) Act establishes a risk reduction program for new reactors by placing safeguards against potential costs through financing terms and a limited federal cost share, […]

A January report from the Congressional Research Service (CRS), Congress’s policy research division, said alternatives were not explored to the trilateral agreement between Australia, the U.S. and the U.K. The trilateral agreement, called the AUKUS agreement, includes the future sale of Virginia-class nuclear-powered attack submarines (SSNs) to Australia, and AUKUS Pillar 1 refers to delivering […]

Work crews at the Department of Energy’s Paducah Site in Kentucky have removed and cut up nearly 500 large components, known as converters, from the C-333 Process Building, DOE’s Office of Environmental Management said this week. Work crews recently completed the “segmentation” of all 497 converters from the C-333 facility, DOE’s nuclear cleanup office said […]