Author: Jane Edwards|| Date Published: July 5, 2023
Fluor (NYSE: FLR) and HII (NYSE: HII) have purchased the membership interest of Honeywell (Nasdaq: HON) in a joint venture – Savannah River Nuclear Solutions – focused on helping the Department of Energy manage the Savannah River Site in South Carolina.
“We are confident that Fluor and Huntington Ingalls will continue to deliver long term value to the Savannah River Site as a significant portion of its scope shifts to major capital construction and start-up of plutonium production activities,” David Johnson, vice president of Honeywell’s federal solutions business, said in a statement published Monday.
Johnson added that Honeywell will continue to partner with DOE on opportunities that align with the company’s strategic objectives and capabilities.
The Savannah River Site is a 310-square-mile DOE facility in Aiken, South Carolina, focused on managing nuclear materials and performing research and development and environmental cleanup activities.
The Naval Information Warfare Center Pacific is soliciting proposals for the development and fielding of intelligence, surveillance and reconnaissance systems…
The Department of War is accelerating its push into unmanned systems, moving beyond experimentation toward large-scale production, streamlined acquisition and…
BAE Systems has received a $117.7 million contract modification from the U.S. Navy to support depot-level modernization, maintenance and repair of USS…
Advanced wireless infrastructure is becoming as strategically important as artificial intelligence in modern defense operations 5G standalone enables network slicing,…
