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AtkinsRealis JV Awarded US$2.3 Billion Contract to Operate and Maintain U.S. Dept of Energy Nuclear Assets
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AtkinsRealis JV Awarded US$2.3 Billion Contract to Operate and Maintain U.S. Dept of Energy Nuclear Assets
Nov 13, 2024 2:43 PM

05:24 PM EST, 11/13/2024 (MT Newswires) -- AtkinsRealis Group ( SNCAF ) , an engineering services and nuclear company, said after trade Wednesday it is leading a joint venture, with partners Westinghouse Government Services and Jacobs Technology, awarded a 10-year contract to operate the depleted uranium hexafluoride (DUF6)conversion facilities and assume site landlord responsibilities at the U.S. Department of Energy's (DOE) Paducah and Portsmouth Gaseous Diffusion Plants.

The joint venture led by AtkinsRealis' ( SNCAF ) US Nuclear team has been operating and maintaining the DUF6 facilities for the DOE Portsmouth Paducah Project Office since 2016, a statement noted.

Under the 10-year, US$2.3-billion, Operations & Site Mission Support Contract, the joint venture known as Mission Conversion Services Alliance, will operate the DUF6 conversion facilities, transforming the inventory of DUF6 into a more stable uranium oxide for disposition. MCSA will provide surveillance and maintenance services of the DUF6 cylinder inventory awaiting disposition and perform off-site disposal of empty cylinders as well as the depleted uranium oxide. MCSA will also provide protective security forces, emergency management and fire protection services as well as operating and maintaining utilities at both plants.

AtkinsRealis ( SNCAF ) shares closed down $0.22 to $64.18 on the Toronto Stock Exchange.

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