March 30, 2017 9:03 PM ET

Aerospace and Defense

Company Overview of Babcock & Wilcox Technical Services Pantex, LLC

Company Overview

Babcock & Wilcox Technical Services Pantex, LLC manages and operates nuclear weapons stockpile for the U.S. Department of Energy/National Nuclear Security Administration. The company offers stockpile stewardship services, which comprise evaluation, retrofit, and repair of weapons in support of life extension programs; certification of weapon safety and reliability; and development, test, and fabrication of high explosive components. It also offers nonproliferation services, including dismantling weapons that are surplus to the strategic stockpile; interim storage and surveillance of plutonium pits; and sanitization of components from dismantled weapons. In addition, the company provides safe...

P.O. Box 30020

Amarillo, TX 79120-0020

United States

Founded in 2000

Phone:

806-477-4352

Fax:

806-477-5615

Key Executives for Babcock & Wilcox Technical Services Pantex, LLC

President and General Manager
Deputy General Manager
Compensation as of Fiscal Year 2016.

Babcock & Wilcox Technical Services Pantex, LLC Key Developments

Pantex Nuclear Workers at Department of Energy Amarillo Plant Vote to Strike

After more than seven months at the bargaining table with Consolidated Nuclear Security Pantex, 87% of the unionized workers at the Amarillo, Texas, facility have voted to strike. The Amarillo Metal Trades Council represents workers at the Department of Energy (DOE) Pantex facility. Workers have been in contract negotiations with CNS Pantex since January 2015. In early August, CNS Pantex representatives what the company called their "best, last and final offer." That proposal was overwhelmingly rejected by a 10-1 margin by the workers. The ratification vote took place late last night, with 93% of those eligible to vote casting ballots. Since voting down the last contract offer, the Amarillo Metal Trades Council negotiating team and company representatives have met, but the two sides remain at an impasse. Rashada pointed out that the employer is asking to eliminate defined benefit pensions for new hires and to increase healthcare costs for retirees. Workers at CNS Pantex are responsible for the nuclear weapons life extension programs; weapons dismantlement; development, testing, and fabrication of high explosives components; and storage and surveillance of plutonium pits. These workers face dangerous situations every day when they go to work. The Department of Energy and CNS Pantex know that these workers risk exposure to cancer-causing chemicals daily, yet the DOE has imposed a ridiculous policy upon its contractors that limits benefits based on a flawed market-based value formula. Ault is referring to DOE Policy 350.1, which requires contractors use a Benefit Value Study (BenVal) to determine the value of the assessed benefits package of similar organizations in the same industry- also known as comparator organizations- to determine the value of health care and pension benefits for employees. The policy explicitly limits contractor reimbursements to 105% of the value of the BenVal survey. If the cost is more than 5% of the other organization's plan then the contractor has to submit a "corrective action plan to achieve conformance" to a DOE contracting officer.

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