BWXT Subsidiary Gets $128M in Contract Options for Navy Fuel Production Work

Jeff Brody

BWX Technologies’ (NYSE: BWXT) Nuclear Fuel Services subsidiary has received contract options worth $128M combined to continue to produce fuel in support of the U.S. Naval Nuclear Propulsion Program.

NFS is expected to kick off fuel manufacturing work later this year in support of the country’s nuclear submarines and aircraft carriers under the 12-month exercised options, BWXT said Tuesday.

“NFS is proud to support the needs of the U.S. Navy,” said John Stewart, president of NFS. “Our workforce is dedicated to providing fuel and services of the highest quality to support the men and women charged with our country’s defense efforts.”

NFS is part of BWXT’s Nuclear Operations Group with a workforce of approximately 1,100 contractors and security personnel. It is a Category 1 nuclear facility with a Nuclear Regulatory Commission license to process and store highly enriched uranium.

Check Also

L3Harris

L3Harris Gets $104M Navy Contract for Lot 17 Onboard Jamming Tech Production

L3Harris Technologies (NYSE: LHX) has received a three-year, $104M contract to provide onboard jammer systems and weapons replacement assemblies to the U.S. Navy. The company will produce 35 lot 17 Integrated Defensive Electronic Countermeasures OBJs and 27 WRAs under the firm-fixed-price, cost-plus-fixed-fee contract, the Department of Defense said Friday.

American Holoptics

American Holoptics Completes EOTech Business Buy

Koucar Management’s American Holoptics subsidiary has completed its acquisition of a L3Harris Technologies  (NYSE: LHX) business unit that manufactures holographic sighting systems intended for military, law enforcement and commercial applications.