What are Blue Whale Acquisition I's Business Segments?
Nuclear Operations
Through this segment, we engineer, design and manufacture precision naval nuclear
components and reactors for the U.S. Department of Energy (“DOE”)/National
Nuclear Security Administration’s (“NNSA”) Naval Nuclear Propulsion
Program.
Our Nuclear Operations segment specializes in the design and manufacture of
close-tolerance and high-quality equipment for nuclear applications. In addition,
we are a leading manufacturer of critical nuclear components, fuels and assemblies
for government and limited other uses. We have supplied nuclear components for
DOE programs since the 1950s, and we are the largest domestic supplier of research
reactor fuel elements for colleges, universities and national laboratories.
We also convert or downblend high-enriched uranium into low-enriched fuel for
use in commercial reactors to generate electricity. In addition, we have over
100 years of experience in supplying components for defense applications.
We work closely with the DOE-supported nuclear non-proliferation program. Currently,
this program is assisting in the development of a high-density, low-enriched
uranium fuel required for high-enriched uranium test reactor conversions. We
have also been a leader in the receipt, storage, characterization, dissolution,
recovery and purification of a variety of uranium-bearing materials. All phases
of uranium downblending and uranium recovery are performed at our Lynchburg,
Virginia and Erwin, Tennessee sites.
The demand for nuclear components by the U.S. Government determines a substantial
portion of this segment’s backlog. We expect that orders for nuclear components
will continue to be a significant part of backlog for the foreseeable future.
Technical Services
Through this segment, we provide various services to the U.S. Government, including
uranium processing, environmental site restoration services and management and
operating services for various U.S. Government-owned facilities. These services
are provided primarily to the DOE including the NNSA, the Office of Nuclear
Energy, the Office of Science, and the Office of Environmental Management; the
Department of Defense and the National Aeronautics and Space Administration
(“NASA”).
This segment’s principal operations include:
• managing and operating nuclear weapons production facilities;
• managing and operating environmental management sites;
• managing spent nuclear fuel and transuranic waste for the DOE;
• providing critical skills and resources for DOE sites; and
• managing and operating space flight hardware and test facilities for
NASA.
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