Nuclear service giant BWX Technologies said it had landed a contract from the U.S. Naval Nuclear Propulsion Project for delivery of naval nuclear components and fuel. The approximate value of the contract, the company said, was $1 billion.
In the same week, the company said it had been awarded a $73 million contract to provide components for the Bruce Power Component Replacement Project in Canada.
BWXT has manufactured naval nuclear components and reactor since the 1950s. It’s reactors power the U.S. Navy’s Ohio, Virginia, Seawolf and Los Angeles-class submarines, as well as the Nimitz and Ford-class aircraft carriers.
The company expects completion of the first tranche of components for the Columbia-class submarine to be ready in 2023.
“Today, those ships and submarines represent more than 40 percent of the U.S. combat fleet,” BWXT said.