Jacobs Pockets Two Czech Republic Nuclear Contracts

  • Jacobs Engineering Group Inc J won two new contracts to support the Czech nuclear sector with radioactive waste management services. Financial terms were not disclosed.
  • National utility ČEZ has selected Jacobs' SIAL geopolymer encapsulation technology to safely solidify 250 metric tons of low and intermediate-level radioactive sludge at the Dukovany Nuclear Power Plant. Jacobs will treat the sludge currently held in storage tanks at the plant and encapsulate it in 200-liter drums ready for transport to long-term storage. The work is expected to take five years.
  • SÚRAO, the Czech Republic's Radioactive Waste Repository Authority, appointed Jacobs to a safety assessment and technical advice framework for its planned deep geological repository. This contract complements Jacobs' work supporting radioactive waste repositories in the U.K., Finland, Sweden, and Belgium.
  • Price Action: J shares closed 0.7% higher at $145.52 on Wednesday.
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