Westinghouse CEO looks beyond bankruptcy

As the start up of the world's first AP1000 unit approaches, Westinghouse is using the Chapter 11 bankruptcy protection process to transform itself. The company will come out of the process "leaner, stronger and more competitive", Westinghouse president and CEO Jose Gutierrez told the World Nuclear Association's Symposium. ...read more
  • Anonymous
    Anonymous

    The bottom line with Westinghouse and all you need to know is they negotiated and agreed to a fixed price contract option with both Vogtle and V.C. Summer which were exercised by both customers 4th Quarter of 2016. Westinghouse declared bankruptcy March 29, 2017.