Flour, BWX Technologies Win Contract

Fluor Corporation and BWX Technologies (BWXT) along with Four Rivers Nuclear Partnership have won a contract about $1.5 billion over ten years from the US Department of Energy to deactivate and clean up the Paducah Gaseous Diffusion Plant, a nuclear site.

The Paducah deactivation and remediation contract includes a base term is five years valued at about $750 million, followed by three-year and two-year option periods, valued at about $750 million combined, the companies said in a statement. A transition period is scheduled to begin on June 2017. The site, built in the 1950s as part of the US nuclear weapons program, processed uranium from 1952 to 2013 for military reactors, nuclear weapons, and nuclear power plant fuels. Flour was down 0.4% and BWX was 0.3% higher.

By Stephen Holmes