The contract period of performance is anticipated by NNSA to be up to nine years, although the downblending portion is expected to be complete within four years.
Downblending is the process whereby highly enriched uranium is processed to reduce its concentration of Uranium-235 to levels suitable for use in commercial power plants. The resulting LEU is no longer suitable for use in nuclear weapons and can be used for peaceful purposes. The resulting LEU also provides assurance of fuel supply to utilities participating in the MOX program for the disposition of surplus weapons plutonium.
NFS will fulfill the downblending portion of the contract, which also includes transportation, storage and other activities to be performed by WesDyne. B&W NOG is a subsidiary of The Babcock & Wilcox Company (B&W), which is a subsidiary of McDermott International, Inc.
We are very pleased to continue to work with NNSA on this important national security issue, said NFS president David L. Kudsin. WesDyne is an outstanding prime contractor to work with, and we have very knowledgeable employees and the right facilities for the job.
