BWX Technologies lands $2.2B in naval nuclear contracts
Work will support U.S. Naval Nuclear Propulsion Program
Lynchburg-based BWX Technologies Inc. has landed $2.2 billion in U.S. Naval Nuclear Propulsion Program contracts, the nuclear components and fuel supplier announced Tuesday.
Approximately half of the contract was awarded in the first quarter of the year, with the rest as options subject to congressional appropriations, according to the company, which employs approximately 6,600 people across 12 sites in the United States and Canada.
Lynchburg will be the site for some of the contract work on Columbia and Virginia class naval nuclear reactor component manufacturing and material procurement activities, the company said.
“Today’s announcement marks a continuation of a more-than-65-year-old trusted relationship with the U.S. government to provide the reactors that power our nation’s nuclear navy,” BWXT Nuclear Operations Group Inc. President Joel W. Duling said in a statement. “We are proud to continue manufacturing essential components for this generation of sailors.”
The eight-year contract begins this year.
Earlier this month, the company announced a contract extension with the U.S. Department of Energy worth up to $690 million.