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Navy/USMC

BWX Technologies Reels in NNSA Reactor Component Contract for Carriers

Dan Leone By
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BWX Technologies Reels in NNSA Reactor Component Contract for Carriers
USS Gerald R. Ford (CVN-78) is maneuvered by tugboats in the James River during Ford's turn ship evolution during its post-shakedown availability in March 2019 at Huntington Ingalls Industries-Newport News Shipbuilding. (Photo: U.S. Navy)

The Department of Energy's Naval Nuclear Propulsion Program in late 2019 awarded BWX Technologies [BWXT] a roughly $1 billion contract to provide reactor components for Ford-class aircraft carriers, the Lynchburg, Va.-based company said Monday. The $1 billion figure includes options, BWX Technologies said in a press release. The value of the base award, at over $665 million, is around two-thirds of the contract's total potential value. The company did not disclose the performance period of the base period or the options. BWX…

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