USEC Says Took $1.1B Charge for Costs on American Centrifuge Project, Says R&D Program On Schedule, Budget for Yearend 2013
March 18, 2013 at 16:42 PM EDT
USEC Inc. (NYSE: USU ) today provided an update on the American Centrifuge project and the ongoing cooperative research, development and demonstration (RD&D) program. USEC is successfully executing the RD&D program with the Department of Energy (DOE) to reduce the technical risks and improve the future prospects of commercial deployment of the American