Centrus signs EPC contract with Fluor for multi-billion-dollar Ohio enrichment plant expansion

CENTRUS ENERGY CORP

American Centrifuge Operating subsidiary signed EPC agreement with Fluor Federal Services for design, procurement, construction, and commissioning of Piketon facility.
Time-and-materials pricing with stage-gate funding; termination fee starts at $24M, decreasing $2M/month for first 12 months if ACO terminates for convenience.
Centrus holds $2.3B LEU contingent backlog; planning 12 metric tons HALEU annual capacity; awarded $900M DOE HALEU task order in January 2026.
Centrifuge manufacturing underway; company investing over $560M to convert Oak Ridge factory to high-rate production.
Fluor will lead engineering, supply chain management, construction oversight, and commissioning support for the multi-year expansion project.

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