Bechtel Receives $872M in Navy Nuclear Propulsion Contract Modifications

A Bechtel subsidiary has secured a $772.3 million contract to provide the U.S. Navy with nuclear power plant components installed in aircraft carriers and submarines. Bechtel Plant Machinery Inc. will perform contract work in Monroeville, Pennsylvania, and Schenectady, New York, through September 2033, the Department of Defense said Friday. Naval Sea Systems Command awarded the

The U.S. Navy has awarded Bechtel Plant Machinery Inc. a pair of cost-plus-fixed-fee contracts worth $889 million in total for naval nuclear propulsion components. The first contract is worth $706 million while the second is valued at $183 million, with both having an expected completion date of September 2033, the Department of Defense said Thursday.