BWXT receives $3.1 billion in federal contracts
Lynchburg-based BWX Technologies Inc. announced Wednesday that the U.S. Naval Nuclear Propulsion Program has awarded two of its subsidiaries $3.1 billion in contracts for the manufacture of naval nuclear reactor components and fuel.
The reactor components contracts were awarded to BWXT Nuclear Operations Group Inc. (BWXT NOG), and the naval nuclear fuel contracts were awarded to Nuclear Fuel Services, Inc. (NFS).
Approximately $1.2 billion of this award has been received this year, and the remaining contract awards are expected to be received in 2017 and 2018, subject to annual congressional appropriations.
A variety of naval nuclear reactor manufacturing activities will be performed at BWXT NOG under these contracts that will primarily support Ford-class carrier construction, Nimitz-class carrier refueling, Virginia-class submarine construction and preliminary Ohio-class submarine replacement work.
At NFS, the primary scope of work includes the manufacture and delivery of fuel and support activities for the U.S. Naval Nuclear Propulsion Program, as well as development of material for future Naval Reactors programs.
The reactor component work to be completed under these contracts will be conducted at BWXT’s locations in Lynchburg; Barberton and Euclid, Ohio; and Mount Vernon, Ind. The fuel work will be conducted at NFS in Erwin, Tenn.
“The awards of these contracts demonstrate the continued reliability placed on BWXT to execute this important work for the U.S. Government in a safe and cost-effective manner,” Peyton S. “Sandy” Baker, BWXT’s president and CEO, said in a statement.