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Nuclear Modernization

Honeywell Sells Its Stake in Savannah River Nuclear Solutions

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Honeywell Sells Its Stake in Savannah River Nuclear Solutions
Close up illustration of atomic particle for nuclear energy imagery

Honeywell [HON] has sold its stake in the Fluor [FLR]-led joint venture that runs the Department of Energy’s Savannah River Site in South Carolina, the company said last week. The company has divested its interest in Savannah River Nuclear Solutions to the remaining partners, Fluor and Huntington Ingalls Industries [HII], Honeywell said in a July 3 press release. The site, a former plutonium production complex for nuclear weapons, is set to play a big role in the 30-year nuclear arsenal…

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