Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

B&W Reveals $1.3 Bln Waste Isolation Pilot Plant Management Contract Win

RELATED NEWS
Trade BWC now with 
4/23/2012 8:12 AM ET

Babcock & Wilcox Co. or B&W (BWC: Quote) announced that Nuclear Waste Partnership LLC was granted a contract by the U.S. Department of Energy for management and operations at the Waste Isolation Pilot Plant or WIPP in Carlsbad, New Mexico. The contract has an estimated value of $1.3 billion over a 10-year period, including an initial five-year period in addition to a potential five-year extension.

Babcock & Wilcox Technical Services Group, Inc. or B&W TSG is a team member of Nuclear Waste Partnership, which is led by URS.

B&W said that WIPP's overall mission is to protect human health and the environment by safe management, retrieval, characterization and disposal of defense-related wastes. The contract may begin October 1, 2012, following a transition period.

Click here to receive FREE breaking news email alerts for The Babcock & Wilcox Company and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
While Republicans will try to use the troubled rollout of Obamacare to their advantage in the upcoming midterm elections, the results of a Reuters/Ipsos poll showed that Americans increasingly think Democrats have a better plan for healthcare. Nearly three hundred people are still unaccounted for after a ferry carrying 462 people capsized and sank off South Korea's southern coast, media reports citing local officials said Wednesday. The ill-fated ferry, carrying mostly high school students on an overnight trip, was heading to the tourist island of Jeju from the city of Incheon, a northwestern South Korean city that houses the country's After moving mostly higher in early trading on Wednesday, stocks have continued to perform well over the course of the session. While buying interest has waned since then open, the markets have maintained a positive bias on the day.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.