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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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IHI, a Japan-based heavy-industry manufacturer, has completed its $20 million investment in NuScale Power and will serve as global manufacturing partner of the Oregon-headquartered small modular reactor technology provider as part of the agreement. IHI’s investment will also allow the Japanese engineering company to deliver steel plate reinforced concrete wall structures and designs in support […] More
The U.S. Nuclear Regulatory Commission has accepted for review Nuclear Power‘s design certification application for a company-made commercial nuclear power generation technology. NuScale, which Fluor holds a majority stake in, filed an application in late 2016 seeking NRC approval for its small modular nuclear reactor. “The exceptional news that the NRC was able to accept our […] More
NuScale Power has filed a design certification application for its commercial small modular nuclear reactor power plant design with the Nuclear Regulatory Commission. “Fluor continues to be proud of its investment in NuScale and how the company has rapidly moved through the design certification application process, and we are eagerly awaiting NRC review and approval,” David […] More
NuScale Power has received certification from the Nuclear Regulatory Commission for the design of its small modular reactor. The final ruling, which takes effect on Feb. 21, marks the NRC’s first approval of an SMR blueprint and the seventh for a nuclear reactor design in the U.S., the Department of Energy said Friday. NuScale’s VOYGR […] More

The Department of Energy has cleared a funding vehicle worth potentially $1.355B for a public power consortium-led project that includes construction of a small modular reactor plant by NuScale Power, which Fluor holds a majority stake in. Fluor said Monday it plans to support Utah Associated Municipal Power Systems and NuScale in establishing a clean-energy SMR system through UAMPS' Carbon Free Power Project.

Concurrent Technologies Corp. has received an initial contract to manufacture a prototype steam generator technology for NuScale Power at the CTC-operated Center for Advanced Nuclear Manufacturing. NuScale said Wednesday CTC will produce helical coil steam generators that serve as a key component of the Fluor-backed venture’s small modular reactor nuclear design under certification review by the Nuclear Regulatory Commission. “We […] More
Ed Sheehan, president and CEO of Concurrent Technologies Corp., has been named to Pennsylvania Business Central’s annual top 100 list of executives recognized for their business and economic development leadership in the state. CTC opened in August 2017 the Center for the Advanced Nuclear Manufacturing in Pennsylvania under Sheehan’s purview, according to his profile information published Jan. […] More
On Thursday the U.S. Chamber of Commerce’s Board of Directors elected Tom Wilson, chairman and CEO of The Allstate Corporation, to a one-year term as chairman. Wilson will succeed current chairman and CEO of NuScale Power LLC John L. Hopkins. “Tom Wilson is an extraordinary business leader who runs The Allstate Corporation with passion and […] More
Dave Dunning, executive vice president of business development and strategy at Fluor Corp. for the past two years, plans to retire on June 1 after a 37-year career at the company. He has led corporate strategic planning, business development, sales, communications and advocacy functions over the past two years, Fluor said Friday. Jose Bustamante, senior […] More
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