BWXT Secures $45 Billion DOE Contract for Environmental Management Operations

BWX Technologies awarded $45B DOE contract for Hanford Site environmental management operations in Washington

Deals

BWX Technologies, Inc. (BWXT), a leading supplier of nuclear components and fuel to the U.S. government, has announced a contract with an estimated value of up to $45 billion over a 10-year ordering period from the U.S. Department of Energy (DOE) for environmental management operations at the Hanford Site in Washington.

The Hanford Integrated Tank Disposition Contract (ITDC) was awarded to Hanford Tank Waste Operations & Closure, LLC (H2C), which is a joint venture led by a BWXT subsidiary and includes subsidiaries of Amentum and Fluor. This is the largest single contract award in BWXT's history and is a significant achievement as the company strengthens its leadership position in environmental restoration projects across the nation.

Scope of the contract

The scope of the ITDC includes the operation of Hanford tank farm facilities, eventual operation of the Waste Treatment and Immobilization Plant, and responsibility for other core functions such as project management, security and emergency services, business performance, and environment, safety, health and quality. The Hanford Site in Washington is responsible for the federal government's cleanup of the legacy of more than 40 years of producing plutonium through the 1980s. The DOE is transforming the site back into an operations mode to treat tank waste from the production era.

Comments from BWXT

Rex Geveden, BWXT's president and chief executive officer, said, "Our company remains highly committed to this critical mission for the U.S. Department of Energy and our emphasis on environmental stewardship and sustainability more broadly going forward." Heatherly Dukes, president of BWXT's Technical Services Group, added, "We are committed to working with our DOE Environmental Management customer, regulatory authorities and the Tri-Cities community in safely reducing the environmental liabilities at the site in an efficient and effective manner that is protective of the workforce, the public and the environment."

Members of LevelFields received the alert of this event on April 17, 4:51 PM ET

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