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Homeland Security

NNSA Pulls Trigger on $490 Million Option for BWXT Naval Reactor Contract

Monday, February 26th, 2018

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NNSA Pulls Trigger on $490 Million Option for BWXT Naval Reactor Contract

The Department of Energy in the fourth quarter of 2017 exercised an option worth more than $490 million on BWX Technologies’ [BWXT] naval nuclear propulsion parts production contract, the Lynchburg, Va.-based company announced nearly four months into 2018.“A variety of manufacturing and material procurement activities will be performed under these contracts that will primarily support Virginia-class submarine construction,” the company said Monday in a press release.BWXT's Nuclear Operations Group has long been the sole provider of nuclear naval reactors to…

Congress

SASC’s FY ‘27 NDAA Sticks With Army’s Plan For Legacy Aviation Procurement Cuts

The Senate Armed Services Committee’s (SASC) version of the next defense policy sticks to the Army’s proposed plan to cut procurement of its legacy aviation fleet, and does not authorize […]

Congress

SASC Approves $1.14 Trillion FY ‘27 NDAA With ‘Right to Repair’ Reform, Stock Buyback Restriction

The Senate Armed Services Committee (SASC) has approved its $1.14 trillion version of the next defense policy bill, adopting “right to repair” reform to provide the military services’ greater ability […]

Congress

House Appropriators Unveil $1.07 Trillion FY ‘27 Defense Bill, Restore Funds For E-7, Army Aviation

House appropriators on Wednesday released their $1.07 trillion fiscal year 2027 defense spending bill, with the legislation reversing Army aviation cuts, restoring funding for the Air Force’s E-7 Wedgetail program […]

Congress

MOSA Implementation By Pentagon Lagging, GAO Official Says

While the Modular Open Systems Approach (MOSA) has been a requirement for major defense acquisition programs since January 2019 and other Defense Department acquisitions since January 2021, few programs are […]