
BWX Technologies [BWXT] is now about halfway through repairing 12 submarine missile tubes it welded incorrectly in 2018, Rex Geveden, president and chief executive officer of the Lynchburg, Va., nuclear-hardware and fuel provider told investors Tuesday. Under multiple subcontract to Columbia- and Virginia-class submarine prime General Dynamics [GD] Electric Boat, BWXT is on the hook to deliver tubes through 2021. In the wake of last years’ gaffe, disclosed in the 2018 second quarter and costing BWXT’s $30 million, the contract…