BWX Technologies, Inc. announced that Nuclear Laboratory Partners of Canada Inc. (NLPC), a Canadian joint venture led by BWXT, Kinectrics, and Amentum, has been awarded a contract for the management and operation of Canadian Nuclear Laboratories Ltd. (CNL). The contract is valued at an average of C$1.2 billion per year.
The agreement has a base term of six years, with potential extension periods that could bring the total duration up to 20 years based on performance. This long-term contract provides significant revenue visibility and strengthens BWXT's position in the Canadian nuclear energy industry.
NLPC will assume responsibility for CNL on September 13, 2025, following a transition period. CNL's mission focuses on science and technology, decommissioning and waste management, and the revitalization of the Chalk River Laboratories, a critical part of Canada's nuclear infrastructure.
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