BWXT awarded $189M contract to supply U.S. naval nuclear reactor fuel

BWX Technologies (NYSE: BWX) has been awarded an approximately $189 million contract by the U.S. Naval Nuclear Propulsion Program for the production of naval nuclear reactor fuel. The work will be executed at its subsidiary, Nuclear Fuel Services’ facility in Erwin, Tennessee, and is expected to conclude in August 2027. This contract reinforces BWXT’s role as a key supplier within the U.S. defense sector's nuclear energy segment. It reflects continued government investment in maintaining naval nuclear capabilities and supports long-term demand for BWXT’s specialized manufacturing services.

By Manshi Mamtora, CFA, SA News Editor · Seeking Alpha ·

BWXT awarded $189M contract to supply U.S. naval nuclear reactor fuel

Tickers: $BWX $BWXT

Topics: defense industrial nuclear_energy

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