GSE Systems awarded $765K nuclear engineering services contract

GSE Systems announced that a significant contract has been secured to deliver nuclear engineering services for a 24-month fuel cycle operation to a major utility company based in the U.S. The transition from 18- to 24-month fuel cycles reduce plant outages, enhances fuel reliability and operational margins for utilities without requiring additional measures like increased burnup and enrichment levels. This award, valued at approximately $765K, is through a GSE partnership with the fuels provider. The contract agreement includes GSE management of several complex engineering programs delivered directly to the nuclear power plant.