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Nuclear Modernization

BWXT Gets $800M+ Contract to Begin Early Work on Reactor Components for Nuke Subs, Carrier

Thursday, October 17th, 2019

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BWXT Gets $800M+ Contract to Begin Early Work on Reactor Components for Nuke Subs, Carrier

Close up illustration of atomic particle for nuclear energy imagery

BWX Technologies [BWXT] said Thursday it has received a contract to procure long-lead components for U.S. Navy nuclear-powered submarines and aircraft carriers, which including options is worth $806 million over seven years. The contract awarded by the National Nuclear Security Administration (NNSA), the semi-autonomous Department of Energy nuclear-weapons agency, has a one-year base period worth about $75 million, plus six one-year options that on average are each worth $122 million. Work under the contract began in 2019 and with options…

Unmanned Systems

In Response To Flag Concerns, DoD Looks To Reduce Drone Prices, As Order for 30,000 Looms

The Pentagon is bargain shopping for Group 1 drones, as other countries, including Ukraine and China, have taken advantage of consumer electronics-level prices to bolster their stables. “In last spring’s […]

Pentagon

Amid Questions On Weapons Stockpiles, Caine Says U.S. Has ‘Sufficient’ Munitions For Iran Operation

Pentagon leaders on Wednesday sought to quell concerns over the rate at which the U.S. is employing critical munitions in its military strike campaign against Iran, with lawmakers also pressing […]

Congress

SASC Leaders Criticize Trump’s Defense Strategy, Press Colby On Policy Shifts

Senate Armed Services Committee (SASC) leadership on Tuesday criticized the Trump administration’s new National Defense Strategy (NDS) and pressed the Pentagon’s top policy official to explain the document’s priorities. SASC […]

Congress

Wicker Wants Legislation On DoD’s Equity Investments In Minerals Supply Chain

Legislation regarding equity investments by the Defense Department in critical mineral supply chains is needed to strengthen the larger defense industrial base and demonstrate to the “free market” that the […]