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Centrus buys manufacturing outfit in $116 million deal

Centrus Energy acquired one of its manufacturing suppliers, Westernman Holdings, in a transaction for nearly $116 million, Centrus said Monday. The near-$116 million acquisition was made up of a combination of $95 million cash that was on hand and $21 million of equity, Centrus said in its press release. Additionally, Westernman and all its business […]




Two professionals reviewing and signing a contract document together in an office setting.

Former HII CEO returns to company board

Mike Petters, a former CEO of Huntington Ingalls Industries (HII), is returning to the company’s board of directors as the shipbuilder says its working to expand capacity to meet growing U.S. Navy demand. HII announced Oct. 20 that Petters, who served as the company’s first president and CEO, has been elected to its board. Petters […]




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