BWX Technologies, Inc. announced the award of U.S. Naval Nuclear Propulsion Program contracts totaling approximately $2.6 billion. These contracts, which include future year options, are for the manufacturing of naval nuclear reactor components.
The awards primarily support the production of components for Virginia and Columbia-class submarines, as well as some work for Ford-class aircraft carrier components. The products contracted under these awards are scheduled for delivery over the next six to eight years.
These substantial contracts reinforce BWXT's critical role as a sole-source provider to the U.S. Navy, ensuring long-term revenue streams and backlog growth. The consistent demand for naval nuclear propulsion components underscores the stability of BWXT's government operations segment.
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