Home / Contract Awards / Bechtel Lands $605M Navy Contract for Nuclear Propulsion Components

Bechtel Lands $605M Navy Contract for Nuclear Propulsion Components

BechtelLogoBechtel’s plant machinery division has won a potential $605 million contract to continue to provide nuclear propulsion components for the U.S. Navy.

The Naval Sea Systems Command awarded the cost-plus-fixed-fee contract under the Naval Nuclear Propulsion Program, the Defense Department said Friday.

That initiative by the National Nuclear Security Administration aims to research, design, construct, maintain and operate the service branch’s nuclear-powered vessels and other facilities that work in support of the Navy’s nuclear-based fleet.

Bechtel will perform work in Pennsylvania and New York, according to DoD.

NAVSEA will obligate the full contract amount from the service branch’s fiscal 2016 shipbuilding and conversion funds at the time of award.

Check Also

Greece Inks $280M Deal With Lockheed on F-16 Aircraft Modernization

Lockheed Martin (NYSE: LMT) has secured a $280M contract to modernize F-16 jets for the Greek air force’s as part of Greece's push to update the fighter aircraft fleet by 2027, DW News reported Saturday.

Boeing Gets $265M MDA Contract Modification to Help Update Missile Defense System’s Comms Infrastructure

An industry team led by Boeing (NYSE: BA) has secured a three-year, $265.2M contract modification from the Missile Defense Agency to modernize communications equipment for the ground-based midcourse missile defense system.