BWXT-Led Team Wins Department of Defense Contract for Mobile Nuclear Reactor Design
BWX Technologies, Inc. (BWXT)
Last bwx technologies, inc. earnings: 2/24 04:30 pm
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Source: Business Wire
LYNCHBURG, Va.--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE: BWXT) announced today that a team led by subsidiary BWXT Advanced Technologies has been awarded a $14 million contract from the Office of the Secretary of Defense, Strategic Capabilities Office (SCO) for a mobile nuclear reactor design project.SCO is partnering with the U.S. Department of Energy and the Nuclear Regulatory Commission to develop, build and demonstrate a mobile nuclear reactor that can be used to address electrical power needs in rapid response scenarios. Such reactors are expected to make the Department of Defense’s domestic infrastructure resilient to an electric grid attack and also fundamentally change the logistics of forward operating bases by making more energy available and reducing dependence on fossil fuels.Following completion of this first phase of the project, there is an option for an award of up to $30 million for the second phase, which would include developing the final design for a mobil
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News
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BWXT
Earnings
- 11/4/24 - Beat
BWXT
Sec Filings
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- 12/12/24 - Form 4
- BWXT's page on the SEC website