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South Korea's DaeChang Solution Secures Special Steel Contract for French Nuclear Power Turbines

South Korean steel casting manufacturer DaeChang Solution Co. announced on August 21 that it has signed a special steel supply contract with Arabelle Solutions France, with the products to be used in steam turbines for small modular reactors (SMRs) and large nuclear power plants. According to the announcement, the contract value is EUR 50.7649 million, equivalent to approximately KRW 82.631 billion based on the initial market exchange rate of KRW 1,627.72 per euro on the contract signing date. This amount represents 138% of DaeChang Solution's 2025 consolidated sales of KRW 59.877 billion. Of the contract value, 70% is a fixed amount, i.e., EUR 37.2055 million...

2026-08-21

South Korea's Woori Technology Wins Supply Contract for Control Systems for Kori Nuclear Power Plant Units 3 and 4

Woori Technology announced on August 20 that it has signed a supply contract with Korea Hydro & Nuclear Power (KHNP) to provide equipment and technical support for the Plant Monitoring System (PMS) facility improvement project for Units 3 and 4 of the Kori Nuclear Power Plant. According to the disclosed information, the contract amount is KRW 8.4726 billion, approximately KRW 8.5 billion, excluding value-added tax, accounting for 9.72% of Woori Technology's consolidated sales in 2025. The contract period runs from August 19, 2026 to February 21, 2028, with sales and supply limited to South Korea, and the supply method is in-house production. Under the contract arrangement, Woori Technology will...

2026-08-20

US OSI Systems Secures Approximately $200 Million Contract for Mobile Vehicle Inspection Systems

On August 17, 2026, OSI Systems, Inc. announced that its Security division has been awarded a five-year Indefinite Delivery/Indefinite Quantity (IDIQ) contract by U.S. Customs and Border Protection (CBP), with a ceiling value of approximately $200 million. Under the contract, OSI Systems will provide CBP with mobile Rapiscan® passenger vehicle inspection systems. The company stated that the initial task orders under the contract include the first batch of systems, along with related services and training content. Ajay Mehra, President and Chief Executive Officer of OSI Systems, stated that this contract will enable the company to continue supporting CBP in deploying vehicle security inspection systems. The Rapiscan mobile inspection systems help users flexibly allocate resources in response to changing on-site requirements, supporting border security and critical infrastructure protection efforts.

2026-08-18

U.S. FRIB Secures Contract from Naval Nuclear Laboratory to Develop Quantum-Classical Hybrid Nuclear Reaction Calculation Methods

A research project at the Facility for Rare Isotope Beams (FRIB) at Michigan State University, led by Dean Lee, Professor of Physics at FRIB, Professor in the Department of Physics and Astronomy at Michigan State University, and Head of the Theoretical Nuclear Science Department at FRIB, has received one-year contract support from the Naval Nuclear Laboratory. The laboratory is managed by Fluor Marine Propulsion. The project will study how to combine quantum computers with classical computers to improve the accuracy of predictions for neutron interactions with matter. This also represents the first phase of a five-year plan aimed at developing and evaluating new computational tools for nuclear science. In nuclear physics research, accurately predicting how neutrons interact with atomic nuclei...

2026-08-18

UK National Nuclear Laboratory Secures Nuclear Safeguards Programme Contract

The UK National Nuclear Laboratory (UKNNL) has been awarded the Nuclear Safeguards Programme (NSP) contract by the UK Department for Energy Security and Net Zero (DESNZ). The contract has an initial term of 3.5 years with committed funding of £10.5 million, with the possibility of further extensions. This contract continues the UK's 45 years of support for the global nuclear safeguards system, as well as the UK National Nuclear Laboratory's nearly 20 years of core work within that system. The UK National Nuclear Laboratory's responsibilities include providing technical support to the UK government in the nuclear field and driving the development of the UK's nuclear energy industry. The Nuclear Safeguards Programme is an important platform for fulfilling this responsibility, primarily providing nuclear safeguards and non-proliferation expertise to UK government departments and international partners...

2026-08-16

Doosan Enerbility Secures Manufacturing Contract for Key Equipment for TerraPower's Small Modular Reactor

Doosan Enerbility announced on August 14 that it has signed a manufacturing contract with TerraPower to produce key equipment for the latter's Natrium advanced reactor project. TerraPower, founded by Bill Gates, is one of the advanced nuclear energy technology companies in the United States. Under the contract, Doosan Enerbility will be responsible for manufacturing key components required for the Natrium reactor, including the reactor protection vessel, reactor support structures, and reactor internal structures. The two parties have previously collaborated. In December 2024, Doosan Enerbility and TerraPower signed a manufacturability review contract for key equipment for the first unit of the initial small modular reactor, and...

2026-08-14

Czech Republic Proposes Amendments to Low-Carbon Act, Key Dukovany Nuclear Contracts May Exit Public Registry

The Czech Ministry of Industry and Trade recently published a draft amendment to the Low-Carbon Act, proposing adjustments to the Act on Measures for the Transition to Low-Carbon Energy and related energy laws and contract registration regulations. On the surface, this legislative change is primarily aimed at unifying the support mechanisms, contract signing procedures, and compensation settlement rules for new nuclear power projects. However, the most notable change is that certain key contracts involving the construction and financial support of nuclear power units may no longer be required to be disclosed in the public contract registration system. The draft proposes the "compensation mechanism contract" as the basic model for supporting new nuclear projects, with a nature similar to a bilateral contract for difference—providing compensation when market electricity prices fall below agreed levels, and requiring repayment or settlement when prices exceed agreed levels.

2026-08-13

Rosatom Starts Preparations for Long-Lead Equipment Contracts at Primorskaya NPP

The engineering division of Rosatom recently announced that preparations for signing long-lead equipment manufacturing contracts for the Primorskaya Nuclear Power Plant have commenced, covering the reactor building, turbine hall, core catcher, and other major system components. According to the announcement, the scope of contract preparation includes key equipment such as main reactor building equipment, turbine hall equipment, the Automated Process Control System (APCS) for the units, and the core catcher. Long-lead equipment typically has extended manufacturing cycles and represents a critical element that must be secured early in the pre-construction phase of a nuclear power project. Currently, the project is also advancing multiple public tender preparation efforts, including site vertical layout planning,...

2026-08-13

GAO: DOE Nuclear Cleanup "End-State Contract Model" Exceeds Budget by $500 Million in Six Years and Misses Goals

A report released by the U.S. Government Accountability Office (GAO) on July 29 shows that the Office of Environmental Management (EM) at the U.S. Department of Energy has accumulated over $500 million in cost growth on nuclear waste cleanup contracts since 2020, yet the agency cannot fully explain the reasons for these increases. EM is responsible for cleaning up 15 sites in the United States contaminated by nuclear weapons production and energy research. To address long-standing contract management problems, EM adopted the End-State Contract Model (ESCM) starting in fiscal year 2020, breaking cleanup work into smaller task orders under larger master contracts, with the goal of improving cost predictability, accelerating cleanup progress, and enhancing performance outcomes...

2026-08-12

U.S. National Nuclear Security Administration Extends Savannah River Site Management and Operating Contract to September 2027

The U.S. Department of Energy's National Nuclear Security Administration (DOE/NNSA) announced on August 10 that it has exercised the remaining option on the Savannah River Site (SRS) Management and Operating contract with Savannah River Nuclear Solutions, LLC, extending contract performance through September 30, 2027, with an estimated contract value of $2.3 billion. NNSA stated that exercising this remaining option will help maintain continuity and stability of the contractor workforce, allowing related work to continue advancing around the agency's critical missions. The current SRS Management and Operating contract was originally scheduled to expire on September 30, 2026...

2026-08-11

Hungary's New Government Questions Paks II Nuclear Project, Audit Dissatisfaction May Lead to Contractor Replacement

Hungary's new government (Prime Minister Péter Magyar) has continued to send unclear signals regarding the Paks II nuclear power plant expansion project contracted to Russia's Rosatom, bringing this major energy project involving the Russian state nuclear corporation back into the spotlight. The government is dissatisfied with the interim results of the contract audit and has hinted that Budapest does not rule out the possibility of replacing the contractor. The Paks II project was originally regarded as a key component of Hungary's long-term energy security strategy. Nuclear power holds fundamental significance for Hungary's electricity supply, and the expansion of the Paks nuclear plant was also seen as a measure to reduce energy import pressure and stabilize electricity prices.

2026-08-10

South Korea's Deepnoid Signs M4CXR Supply Contract with Pusan National University Hospital

On August 3, Deepnoid announced the signing of a supply contract for M4CXR with Pusan National University Hospital. M4CXR is a generative AI-based preliminary report generation solution for chest X-rays that generates preliminary reports during chest X-ray examinations to assist medical staff in image interpretation. This is the first supply agreement signed after M4CXR received approval from the Ministry of Food and Drug Safety of South Korea for market release as a digital medical device. According to the introduction, the system is expected to improve the efficiency of chest X-ray reading and provide clinical support for the early detection of lung diseases and suspected cancerous lesions. This collaboration is also part of the AI clinical system support project for regional responsible medical institutions under the Ministry of Health and Welfare of South Korea...

2026-08-03

U.S. Navy Awards General Dynamics Electric Boat Contract for Construction of 14 Nuclear Submarines

General Dynamics Electric Boat announced that the U.S. Navy has awarded it a contract package for the construction of 14 nuclear submarines, with a total contract value of $76.6 billion. According to information released by the company, under this announced U.S. Navy contract framework, General Dynamics Electric Boat will receive $29.5 billion for the construction of five Columbia-class submarines, and an additional $42.1 billion for the construction of nine Virginia-class submarines. The contract also includes funding to support shipyard infrastructure construction. General Dynamics Electric Boat serves as the prime contractor for the program. A portion of the construction work will be subcontracted to Newport News Shipbuilding, a division of Huntington Ingalls Industries. ...

2026-08-01

Polish cable manufacturer FPE secures PSE framework contract to support national grid infrastructure for nuclear power

Energy Cable Factory (FPE) in Będzin has signed a framework agreement with Polish Power Grid Company (PSE) for the supply of cables used in the construction and upgrade of high-voltage transmission lines. The contract is valued at PLN 362.1 million net, equivalent to PLN 445.4 million gross. Under the agreement, FPE plans to expand the production capacity of its Będzin plant. This cooperation is not merely a commercial contract but also a vote of confidence in and recognition of Poland's industrial capabilities, proving its ability to undertake the modernization of national strategic infrastructure. The company emphasizes that it can deliver not only cables but also ensure the secure transmission of tomorrow's energy. The agreement covers the supply of phase conductors from 2026 to 2031, with a total length of...

2026-07-31

China Energy Engineering Group Guangdong Thermal Power Engineering Co., Ltd. Wins Bid for CGNPC San'ao Nuclear Power Supporting 220 kV Transmission EPC Project

On July 28, China Energy Engineering Group Guangdong Thermal Power Engineering Co., Ltd. announced that it has recently won the bid for the EPC general contracting project of the 220 kV transmission line from Liulong Substation to Hengyang Substation under the CGNPC CS Project. This project is part of the nuclear power supporting infrastructure construction and an important component of the 220 kV construction and auxiliary power lines within the San'ao Nuclear Power Plant.

2026-07-29