Hanford Tank Waste Operations & Closure, LLC Approved to Begin Hanford Tanks Cleanup Contract
BWX Technologies, Inc. (BWXT)
Last bwx technologies, inc. earnings: 2/24 04:30 pm
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Source: Business Wire
LYNCHBURG, Va.--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE: BWXT) is pleased to announce that Hanford Tank Waste Operations & Closure, LLC (H2C) has been approved by the U.S. Department of Energy (DOE) to begin the Hanford Integrated Tank Disposition Contract (ITDC).After being previously approved to work on pre-transition activities, the DOE has issued H2C a notice to proceed, effective October 21, 2024. Earlier in 2024, the DOE announced that the contract had been awarded to H2C, which is a joint venture led by a BWXT subsidiary and includes Amentum and Fluor companies. A protest against this award was recently dismissed in the U.S. Court of Federal Claims.“We are very excited to begin working with DOE on this incredibly important cleanup mission,” said Heatherly Dukes, president of BWXT Technical Services Group. “H2C’s leadership team has been deployed and brings 170 years of combined experience in tank waste disposition and disciplined nuclear operations.”The scope of the I
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