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Business/Financial

BWXT Head Expects SSN(X) Columbia-Sized, Sees Navy Plans Favorable

Wednesday, November 4th, 2020

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BWXT Head Expects SSN(X) Columbia-Sized, Sees Navy Plans Favorable

The Virginia-class submarine future USS Delaware (SSN-791) at sea for sea trials in the Atlantic Ocean on Aug, 31, 2019. (Photo: U.S. Navy)

The top executive of BWX Technologies [BWXT] this week said the next generation of attack submarines will be closer to the Columbia-class ballistic missile submarines in size and the latest Navy future fleet plan is “favorable” to the business. BWXT builds the nuclear reactors for the Navy’s submarines and aircraft carriers. The next attack submarine for the Navy is called dubbed the SSN(X). Speaking to analysts during a quarterly earnings call on November 2, BWXT CEO and president Rex Geveden…

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