News Releases

Westinghouse, Northrop Grumman, and Astrobotic Awarded U.S. Air Force Contract to Power Satellites with Nuclear Energy

The Advanced Research Contract Supports the JETSON Space Program

CRANBERRY TOWNSHIP, Pa., Dec. 12, 2023 – Westinghouse Electric Company announced today that the U.S. Air Force Research Laboratory’s Space Vehicle Directorate has selected Westinghouse for an advanced space research program. The award supports the Joint Emergent Technology Supplying On-Orbit Nuclear power (JETSON) High Power program.

Westinghouse Completes 100% Acquisition of Tecnatom

Spanish Company will Boost Westinghouse's Global Offerings in Nuclear Refueling, Maintenance, Inspection Services, Engineering, Training, and Digital Services and Products

MADRID – Nov. 29, 2023 – Westinghouse Electric Company announced the full acquisition of long-standing partner Tecnatom from Endesa after obtaining all regulatory approvals. Together, Westinghouse and Tecnatom will continue to provide critical services to the Spanish nuclear industry and its global base of customers.

Fitch Ratings and Moody’s Upgrade Westinghouse Credit Ratings

Revised Ratings Reflect Strength of Business Performance and Improved Market Outlook

CRANBERRY TOWNSHIP, Pa., Nov. 27, 2023 – Westinghouse Electric Company announced upgraded credit ratings from Moody’s Investors Service and Fitch Ratings and revised Positive Outlook from S&P Global.  

Cameco and Brookfield Renewable Form Strategic Partnership to Acquire Westinghouse Electric Company

Reinforces Westinghouse Leadership in Global Clean Energy and Energy Security Transition

Cranberry Township, PA, October 11, 2022 – As announced earlier today, a consortium comprised of Cameco (NYSE: CCJ; TSX: CCO) and Brookfield Renewable (NYSE: BEP; TSX: BEP.UN, BEPC), together with its institutional partners, has signed an agreement to acquire Westinghouse Electric Company from Brookfield Business Partners (BBU).