Washington Group International Helps Army Destroy All Chemical Weapons On Pacific Island.
JOHNSTON ISLAND, Pacific Ocean--(BUSINESS WIRE)--Nov. 30, 2000
The chemical weapons stockpile stored for decades on a Pacific Island 825 miles southwest of Hawaii has been safely destroyed at the U.S. Army's first fully integrated disposal facility, built and operated for the Army by Boise, Idaho-based Washington Group International, Inc. (NYSE:WNG).
The final weapons destroyed at the Johnston Island Chemical Agent Disposal Facility (JACADS) were land mines filled with nerve agent VX -- a clear, odorless and tasteless liquid. Over the past 10 years, JACADS destroyed more than 400,000 projectiles, bombs, mortars, land mines and containers holding about six percent of the nation's total chemical weapons inventory.
"We're thrilled to have been part of this historic step in the Army's quest to remove the threat of chemical weapons from the Pacific region, the nation and the world," said Washington Group Chairman Dennis R. Washington. "In particular, my hat is off to the hundreds of Washington Group employees whose safety, skill and dedication made this milestone possible."
Destroying the island's final 13,000 land mines marked the end of one phase of the mission on JACADS and the start of another: planning to decontaminate and decommission the facility.
"We're looking forward to helping the government plan the final closure of JACADS," said Fred Hissong, Jr., president of the Washington Demilitarization Company. "As the contractor for three more of the Army's chemical weapons destruction facilities currently under construction, we're also eager to transfer to those plants the success, knowledge and experience we've gained through a decade of operation at JACADS."
Washington Demilitarization Co. is currently constructing for the army the Umatilla Chemical Agent Disposal Facility in Oregon, the Pine Bluff Chemical Agent Disposal Facility in Arkansas and the Anniston Chemical Agent Disposal Facility in Alabama.
Washington Group International, Inc. is an international engineering and construction firm with more than $5.0 billion in annual revenues and a backlog of approximately $6.6 billion. With 39,000 employees at work in more than 40 countries, the company serves the power, environmental, government, heavy-civil, industrial, mining, nuclear-services, petroleum and chemicals, process, pulp and paper, telecommunications, transportation, and water-resources markets as an engineer, constructor, program manager, and developer.
On July 7, 2000, Morrison Knudsen Corporation acquired Raytheon Engineers & Constructors and announced a new name for the company: Washington Group International, Inc. Shareholders approved the name change on Sept 15, 2000.
This news release contains forward-looking statements within the meaning of the private securities litigation reform act of 1995, which are identified by the use of forward-looking terminology such as "may," "will," "could," "should," "expect," "anticipate," "intend," "plan," "estimate," or "continue" or the negative thereof or other variations thereof. Such forward-looking statements are necessarily based on various assumptions and estimates and are inherently subject to various risks and uncertainties, including risks and uncertainties relating to the possible invalidity of the underlying assumptions and estimates and possible changes or developments in social, economic, business industry, market, legal, and regulatory circumstances and conditions and actions taken or omitted to be taken by third parties, including the corporation's customers, suppliers, business partners, and competitors and legislative, regulatory, judicial, and other governmental authorities and officials.
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|Date:||Nov 30, 2000|
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