Navy awards Bechtel $1.14B in contract modifications
Reston-based construction company's subsidiary to work on nuclear propulsion components
The U.S. Navy awarded Reston-based Bechtel Corp.’s plant machinery company two contract modifications with a combined $1.14 billion in value to provide propulsion components for the branch’s nuclear-powered ships, the Department of Defense announced Thursday.
The goal is to provide the military with effective nuclear propulsion plants and ensure that they are safe and reliable, according to the DOD.
Work on the two awards, valued at $666.2 million and $482.4 million, will be performed in Monroeville, Pennsylvania and Schenectady, New York. A completion date was not released.
Funding for the awards was taken from fiscal 2021 shipbuilding and conversion allotments, according to the DOD.
Founded in 1898, Bechtel provides engineering, construction and project management services. The company has completed projects in more than 160 countries.