Hello, Guest!
  • Sunday, December 22, 2024

BWXT Subsidiary Gets $128M in Contract Options for Navy Fuel Production Work

Jeff Brody

BWX Technologies’ (NYSE: BWXT) Nuclear Fuel Services subsidiary has received contract options worth $128M combined to continue to produce fuel in support of the U.S. Naval Nuclear Propulsion Program.

NFS is expected to kick off fuel manufacturing work later this year in support of the country’s nuclear submarines and aircraft carriers under the 12-month exercised options, BWXT said Tuesday.

“NFS is proud to support the needs of the U.S. Navy,” said John Stewart, president of NFS. “Our workforce is dedicated to providing fuel and services of the highest quality to support the men and women charged with our country’s defense efforts.”

NFS is part of BWXT’s Nuclear Operations Group with a workforce of approximately 1,100 contractors and security personnel. It is a Category 1 nuclear facility with a Nuclear Regulatory Commission license to process and store highly enriched uranium.

Video of the Day

Related Articles

Northrop Lands $167M Navy Contract Modification for G/ATOR Radar Tech Contract Awards

Northrop Lands $167M Navy Contract Modification for G/ATOR Radar Tech

Northrop Grumman (NYSE: NOC) has secured a potential $167.1 million contract modification from the U.S. Navy to supply four lot 6 full-rate production Ground/Air Task Oriented Radar systems. Marine Corps Systems Command is the contracting activity and will obligate the full contract amount using the U.S. Air Force’s other procurement funds for fiscal year 2024,

Deloitte Secures Potential $100M Navy OTA for Digital Manufacturing Data Vault Contract Awards

Deloitte Secures Potential $100M Navy OTA for Digital Manufacturing Data Vault

Deloitte Consulting will provide advanced manufacturing support and enterprisewide digital manufacturing data vault capabilities and services under a potential seven-year, $99.8 million other transaction production agreement with the U.S. Navy. The majority of the contract work will occur in Arlington, Virginia, through April 2031, the Department of Defense said Thursday. Under the single-award agreement, the

Diving Into 3 Key Navy Modernization Strategies DOD

Diving Into 3 Key Navy Modernization Strategies

Modernization is a top priority for the Department of Defense, and many department-wide modernization initiatives are currently underway. Though these efforts have a broad reach across the organization, individual DOD components are supplementing them with tailored approaches to their own specific challenges. To address the unique demands of shifts in the maritime environment, the Department