secwatch.observer — SEC 8-K summary
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Issuer:     CENTRUS ENERGY CORP (LEU)
CIK:        0001065059
Form:       8-K
Filed at:   2026-02-11T23:59:59+00:00
Accession:  0001628280-26-007110
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065059/000162828026007110/0001628280-26-007110-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065059/000162828026007110/leu-20260211.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-007110

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