:

Babcock & Wilcox Extend Contracts For Operating Nuclear Weapons Plants

By Cal Biesecker

Wednesday, December 14th, 2011

SHARE:

Babcock & Wilcox Co. (B&W) [BWC] yesterday said subsidiary Babcock & Wilcox Technical Services Group Inc. (B&W TSG) received contract extensions for the management and operations of the Pantex Plant and the Y-12 National Security Complex from the National Nuclear Security Administration (NNSA). The contracts at these facilities were extended through Sept. 30, 2012, and also contain two, three-month extension options. In fiscal year 2011, combined funding at both facilities exceeded $1.4 billion. "B&W is pleased to continue its leadership…

Congress

Appropriators Press For Details On Iran War Costs; DoD’s $29B Estimate Doesn’t Include Base Damage

The Pentagon estimates the U.S.’ ongoing conflict with Iran has now cost at least $29 billion, while a lead official noted the updated figure does not factor in damage to […]

Congress

Appropriators Offer Skepticism On $350B Defense Reconciliation Plan, ‘Big Risk’ For Key Initiatives

Senate and House Appropriators told Pentagon leadership on Tuesday they’re skeptical of the department’s plan to fund $350 billion of the fiscal year 2027 defense budget through the reconciliation process, […]

Congress

All Future Systems Should Have Autonomy Features, Reed Says

Last week, Sen. Jack Reed (D-R.I.) visited North Kingstown, R.I.-based Senesco, which is teaming with autonomous systems company Havoc to bid on the U.S. Navy’s Medium Unmanned Surface Vessel program. […]

Congress

Senate Appropriators Concerned With DoD’s Reconciliation Plan For Top FY ‘27 Priorities, Aide Says

Senate defense appropriators have concerns with the Pentagon’s decision to include key fiscal year 2027 funding priorities, such as critical munitions and drones production, among its request for $350 billion […]