A BWX Technologies (NYSE: BWXT) subsidiary has secured additional work to manufacture naval nuclear reactor components for the U.S. Naval Nuclear Propulsion Program through exercised contract options and new awards worth $795 million combined. The company said Monday BWXT Nuclear Operations Group will perform various manufacturing and material procurement tasks in support of …
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Military shipbuilder Huntington Ingalls Industries (NYSE: HII) has agreed to acquire government services contractor Camber Corp. for $380 million in a move to diversify revenue and add new information technology work with U.S. defense, intelligence and civilian agencies. Huntington Ingalls’ move for Camber comes in a year where other larger defense prime contractors …
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Huntington Ingalls Industries‘ (NYSE:HII) Newport News Shipbuilding arm will help maintain the USS Nimitz and USS Carl Vinson supercarriers under a two-year, $75 million contract. The contract also covers nuclear trade labor, discrete tasks and training support work, HII said Thursday. Chris Miner, Newport News Shipbuilding vice president for in-service …
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