BWX Technologies announces $2.2B in contracts for Naval nuclear reactor components, fuel

Lynchburg & Central Virginia News

LYNCHBURG, Va. (WFXR) – On Tuesday, BWX Technologies (BWXT) announced $2.2 billion in U.S. Naval Nuclear Propulsion Program contracts, including future-year options, for the manufacture of naval nuclear components and fuel.

“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. We are proud to continue manufacturing essential components for this generation of sailors.”

Joel W. Duling, President, BWXT Nuclear Operations Group, Inc.

The initial contracts were awarded in the first quarter of 2021 and will constitute approximately half of the $2.2 billion. The contract options are subject to annual Congressional appropriations and constitute the remainder of the total value.

Columbia and Virginia-class naval nuclear reactor component manufacturing and material procurement activities will be performed at BWXT Nuclear Operations Group, Inc. locations in Lynchburg; as well as Barberton and Euclid, Ohio; and Mount Vernon, Indiana over an eight-year period beginning in 2021. Including future year options, this work is valued at more than $1.8 billion.

The balance of the work – manufacture and delivery of fuel and support activities for the U.S. Naval Nuclear Propulsion Program, as well as development work for future Naval Reactors programs – will be performed by Nuclear Fuel Services, Inc. in Erwin, Tennessee.

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