BWX Technologies [BWXT] has been awarded U.S. Naval Nuclear Propulsion Program contracts, worth a total of $2.1 billion, to manufacture reactor components, the company said Wednesday. The BWXT Nuclear Operations Group will manufacture naval nuclear reactor components and procure materials for Columbia and Virginia-class submarines, according to company press release. The lifespan of the contracts extend until 2030. These recent contracts complement a $300 million fuel contract obtained from Nuclear Fuel Services, a subsidiary of BWXT, in October 2023. “For more than 70…
BWXT Announces $2.1 Billion in Naval Nuclear Reactor Contracts
Sarah Salem
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