BWX Technologies Wins $45 Billion Contract, Its Biggest Ever, to Cleanup Hanford Site
18 April 2023 - 8:21AM
Dow Jones News
By Bob Henderson
BWX Technologies Inc. on Monday said it won a $45 billion
contract from the U.S. Department of Energy to clean up the Hanford
nuclear weapons production site over the next decade.
The Lynchburg, Va.-based, supplier of nuclear products said the
Hanford Integrated Tank Disposition Contract is the largest in the
company's history. It was awarded to Hanford Tank Waste Operations
& Closure, LLC, which is a joint venture led by a BWX
Technologies subsidiary.
The energy department said the venture is in charge of cleaning
up more than 40 years of plutonium production that took place
through the 1980s at the site, which is near Richland, Wash. The
energy department also said it is now transforming the site back
into an operations mode to treat tank waste from the production
era.
The scope of the contract includes operation of the Hanford tank
farm facilities, and eventual operation of the Waste Treatment and
Immobilization Plant, BWX said. It also entails responsibility for
project management, security and emergency services, business
performance, and environment, safety, health and quality.
"Our team is honored to take on the largest and most complex
radioactive waste cleanup project in the United States," said
Heatherly Dukes, president of BWX Technology's Technical Services
Group.
Shares of BWX Technologies were up 1.5% to $65 in after-hours
trading.
Write to Bob Henderson at bob.henderson@wsj.com
(END) Dow Jones Newswires
April 17, 2023 18:06 ET (22:06 GMT)
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