Publications: ExchangeMonitor Morning Briefing

There have been reports since 2019 on Russia and China’s potential noncompliance with the Threshold Test Ban Treaty, one of President Donald Trump’s Department of Defense nominees said in Senate testimony Tuesday. Robert Kadlec, Trump’s nominee to be assistant secretary of defense for nuclear deterrence, chemical, and biological defense policy and programs, mentioned the reports […]

BWX Technologies and Rolls-Royce SMR have announced agreements to collaborate on development of Rolls-Royce small modular reactors and future fleets.  Rolls-Royce SMR, a United Kingdom-based nuclear company, signed a nuclear steam generator detailed design contract with BWXT, according to BWXT’s Oct. 28 press release. Along with the contract, the two companies also signed a memorandum […]

Jeff Avery, a longtime federal executive within the Department of Energy’s nuclear complex, has accepted a vice president’s post with Westinghouse Electric, Avery said this week on his LinkedIn page. “I’m excited to share that I’ve joined Westinghouse Electric Company as vice president, Chief Operating & Administrative Officer for Westinghouse Government Services,” Avery said Monday […]

National news outlets reported early Tuesday that former Vice President Richard (Dick) Cheney has died at age 84. The Wyoming native served as vice president to President George W. Bush for eight years after serving in Congress and in high-level positions, including secretary of defense and chief of staff, for various Republican administrations, Fox News […]

Earnings rose significantly at BWX Technologies (BWXT), Lynchburg, Va., in the third quarter, which the company attributed to its “differentiating nuclear credentials” and some multi-year, special materials contracts it received. “The demand environment for nuclear solutions in defense, clean energy, and medical markets is unprecedented,” Rex Geveden, president and CEO of BWXT, said in the […]

Illinois lawmakers passed a clean energy bill last week that includes the full removal of the state’s decades-long ban on new nuclear energy builds. Senate Bill 25, “Clean and Reliable Grid Affordability Act”, was passed by the state’s House in a 70-37 vote on Oct. 29 and in the state’s Senate in a 37-22 vote […]

President Donald Trump last week announced South Korea will build a nuclear-powered submarine in Philadelphia, with the U.S. sharing sensitive technology with South Korea akin to the AUKUS agreement. “South Korea will be building its Nuclear Powered Submarine in the Philadelphia Shipyards, right here in the good ol’ U.S.A. Shipbuilding in our Country will soon […]

The Defense Nuclear Facilities Safety Board (DNFSB) has formally told Secretary of Energy Chris Wright that the board plans to remain active on safety despite being down to a single member. The DNFSB’s acting chair, Thomas Summers, left the small agency when his term ended Oct. 18. The Summers’ exit leaves Patricia Lee as the […]

Amentum has appointed Loren Jones as senior vice president for energy and environment-international. In Jones’s new role, he will “leverage more than 20 years of nuclear industry experience together with the vision and drive to lead Amentum’s growth and success in the United Kingdom, France, Central and Eastern Europe, Australia, Japan and internationally,”  Amentum said […]

In the wake of President Donald Trump’s announcement that the United States would test nuclear weapons “on an equal basis” with other countries, Secretary of Energy Chris Wright clarified this did not mean explosive tests. “I think the tests we’re talking about right now are systems tests,” Wright said in the interview last week on […]

Amentum said Friday it has landed major new business commitments for decommissioning work at the Sellafield nuclear site in the United Kingdom that could be worth the equivalent of $1.9 billion in U.S. dollars. At the same time, AtkinsRéalis said it is playing a major role in the England nuclear site’s cleanup.  After a competitive […]

The Energy Communities Alliance (ECA) will hold a webinar about emergency response planning for upcoming nuclear storage projects on Nov. 5 at 3:30 p.m. Eastern Time. Registration for the webinar can be found here. According to ECA, the webinar will look to highlight how local communities and local officials collaborate together to practice joint drills […]

New York Power Authority has issued its first solicitations for a proposed 1,000-megawatt nuclear energy project. One of the solicitations includes a request for information seeking information (RFI) from possible development partners with experience building or operating a nuclear power plant, according to NYPA’s Oct. 30 press release. NYPA’s first solicitation seeks “information regarding viable […]

Huntington Ingalls Industries (HII) last Thursday Oct. 30 posted strong third quarter results on ample top and bottom-line performance at its shipbuilding operations combined with a solid contribution from the Mission Technologies segment. Net income jumped 44% to $145 million, $3.68 earnings per share (EPS), from $101 million ($2.56 EPS), handily topping consensus estimates by […]

Here are events related to nuclear matters that Exchange Monitor staff are tracking:  (With the federal shutdown still in effect at press time it is advisable to double-check with sponsors to see if government-related speakers/events are still scheduled. ) November  03: Earnings Call: BWX Technologies, the nuclear services company, holds its call at 5 p.m. […]

The Professional Services Council (PSC), a trade association representing 400 federal contractors, wrote a letter Oct. 28 to Congressional leaders mourning the federal government shutdown, citing its effect on the National Nuclear Security Administration (NNSA) among other agencies. The letter, obtained by the Exchange Monitor, was addressed to Senate Majority Leader John Thune (R-S.D.), Senate […]

The House Cleanup Caucus event scheduled for the evening of Nov. 4 at the House Rayburn Building in Washington, D.C. has been postponed, apparently due to the ongoing federal government shutdown,  The organizers announced the move Tuesday. No makeup date was announced in the emailed notice. The invitation-only gathering is hosted by the Energy Facility […]

KNOXVILLE, TENN. – East Tennessee could become a nuclear industry hub, several state officials said at a conference here Wednesday. That was a central theme in an afternoon panel discussion of regional business opportunities at the Energy, Technology and Environmental Business Association’s (ETEBA) annual Business Opportunities and Technical Conference.  Tennessee Department Economic and Community Development […]

Next month, Air Force personnel from the 309th Aerospace Maintenance and Regeneration Group at the Davis-Monthan Air Force Base (AFB), Ariz. in the Sonoran Desert plan to show industry representatives examples of B-52H carriage equipment. This will be equipment that the service is looking to modify for the future AGM-181 Long Range Standoff (LRSO) nuclear […]

Despite the government shutdown, Tim Walsh, the new head of the Department of Energy’s Office of Environmental Management (EM) introduced himself to staff this week in a “Dear EM Team” email. “I’m thrilled to be sworn in as the EM Assistant Secretary and privileged to lead this exceptional organization,” said Walsh, who was sworn-in by […]

KNOXVILLE, TENN. – Several executives with Department of Energy prime contractors said Wednesday morning that workforce gaps will need to be filled if they plan to meet the growing demand for nuclear energy and services. Panelists from across the DOE nuclear complex told attendees at the Energy, Technology and Environmental Business Association’s (ETEBA) Business Opportunities […]

Several nuclear-related companies in the United States and Canada are scheduled to hold quarterly earnings calls with financial analysts in the coming days. Here are a few: Thursday Oct. 30: Huntington Ingalls Industries, a significant Department of Energy contractor holds its financial call at 9 a.m. Eastern Time. Friday Oct. 31: Dominion Energy, which owns […]

Companies in the United States and Canada said this week they have agreed to a partnership with the U.S. Department of Energy in hopes of speeding development of $80 billion worth of Westinghouse Electric reactor technology. The nuclear power construction program was announced by Westinghouse, Cameco and Brookfield Asset Management along with the U.S. government. […]

A federal judge in Northern California has extended her earlier order that temporarily blocked the White House Office of Management and Budget from furloughing thousands of government employees, including many from the Department of Energy, during the shutdown, according to published reports. News outlets, including CNBC reported U.S. District Judge Susan Illston was issuing a […]

The Defense Nuclear Facilities Safety Board (DNFSB) hopes Brandon Williams, the newly confirmed administrator of the National Nuclear Security Administration, will prioritize a list of safety challenges that the board wrote him about last month. “Congratulations on your confirmation as Administrator of the National Nuclear Security Administration (NNSA)!” the nation’s nuclear safety watchdog started its […]

After a competitive bid process, Santee Cooper has approved Brookfield Asset Management’s proposal to complete the two partially built AP1000 reactors at the Virgil C. Summer nuclear site in Jenkinsville, S.C. This move comes as the board of directors at the South Carolina state-owned utility approved the proposal among other key energy projects last week. […]