(LYNCHBURG, VA – October 6, 2015) – BWX Technologies, Inc. (NYSE:BWXT) announced today that the U.S. Department of Energy has extended the contract for Idaho Treatment Group LLC (ITG) at the Advanced Mixed Waste Treatment Project in Idaho until March 31, 2016. ITG is comprised of BWXT Technical Services Group, Inc., URS Energy & Construction, Inc., an AECOM company and EnergySolutions Federal Services, Inc. 

The contract extension is valued at approximately $65 million. In announcing the contract, the Department of Energy stated, “This extension will help ensure that the government receives the highest return on investment for its environmental restoration work.” 

William A. (Bill) Fox, BWXT’s President for Technical Services and Nuclear Energy, said, “We are pleased that the Energy Department extended this contract that has been in place since 2011. We remain focused on safely and compliantly fulfilling our environmental management mission at AMWTP while making additional operational improvements to the processes at the site.” 

Under the contract extension ITG will continue to characterize, certify, package and store transuranic waste for offsite disposal; disposition mixed low-level waste at an appropriate treatment and/or disposal facility;  retrieve stored waste from the Transuranic Storage Area-Retrieval Enclosure, and complete upgrades to the Waste Treatment Facility. 

About BWXT

Headquartered in Lynchburg, Va., BWX Technologies, Inc. (BWXT) is a leading supplier of nuclear components and fuel to the U.S. government; provides technical, management and site services to support governments in the operation of complex facilities and environmental remediation activities; and supplies precision manufactured components and services for the commercial nuclear power industry. BWXT has more than 5,200 employees and significant operations in Lynchburg, Va.; Erwin, Tenn.; Mount Vernon, Ind.; Euclid, Ohio; Barberton, Ohio; and Cambridge, Ontario, as well as more than a dozen U.S. Department of Energy sites around the country. Follow us on Twitter @BWXTech and learn more at  www.bwxt.com.

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