BWX Technologies Plans New Uranium Enrichment Facility
BWX Technologies (NYSE:BWXT) has notified the U.S. Nuclear Regulatory Commission of its plan to apply for a uranium enrichment license for a new facility in Erwin, Tennessee. The company expects to submit the application in the first quarter of 2027. Analysts from BofA and TD Securities have raised their price targets and issued positive ratings on BWX Technologies, citing its strong nuclear heritage and growth potential.
Tickers: $BWXT
Topics: BWXT new facility nuclear industry regulatory approval uranium enrichment