BWXT Awarded $806 Million Long-Lead Material Contract in Support of Naval Reactors Manufacturing
(LYNCHBURG, Va. – Oct. 17, 2019) – BWX Technologies, Inc. (NYSE: BWXT) announced today that the U.S. Naval Nuclear Propulsion Program has awarded subsidiary BWXT Nuclear Operations Group, Inc. a contract with options totaling approximately $806 million for the procurement of long-lead materials required for the manufacture of naval reactor components.
BWXT to Restart Existing TRISO Nuclear Fuel Production Line and Expand Capacity
BWX Technologies, Inc. (NYSE: BWXT) announced today that it is in the process of restarting its existing TRISO nuclear fuel production line and is planning to expand its existing capacity within approximately 12 months.