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Nuclear Modernization

BWXT, ATI Extend Naval Nuclear Propulsion Supply Agreement Through 2030

Sarah Salem Sarah Salem
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BWXT, ATI Extend Naval Nuclear Propulsion Supply Agreement Through 2030
An artist's rendering of the U.S. Navy's future Columbia-class submarine. (Image: U.S. Navy )

Defense materials company ATI [ATI] announced on June 11 it has signed a new five-year strategic material supply agreement with nuclear fuel company BWX Technologies [BWXT], extending a long-standing partnership supporting the U.S. Naval Nuclear Propulsion Program through fiscal 2030.  The agreement is intended to ensure a steady supply of specialty materials used in reactor systems for the Navy's nuclear-powered submarines and aircraft carriers, according to the press release by ATI. Financial terms of the agreement were not disclosed. The…

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