other_material
confidence high
sentiment positive
materiality 0.65
Centrus selects Geiger Brothers as construction contractor for Piketon enrichment plant expansion
CENTRUS ENERGY CORP
- Contract capped at $900M; primary contractor for refurbishment, equipment installation, new infrastructure through Jan 30, 2031.
- Geiger Brothers brings 100+ years experience; previously worked on Centrus' HALEU cascade and LEU demo cascade.
- Fluor continues as EPC contractor for engineering, procurement, and project management.
- Expansion adds thousands of AC100M centrifuges for LEU and HALEU; supports $2.3B commercial LEU backlog.
- Centrifuge manufacturing launched Dec 2025 at Oak Ridge, TN.
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