The U.S. Naval Nuclear Propulsion Program has exercised contract options with BWX Technologies, Inc. (BWXT) totaling approximately $1 billion for manufacturing naval nuclear reactor components and fuel.
“BWXT is gratified to continue to support the U.S. Navy as the sole manufacturer of naval nuclear reactors and fuel for U.S. submarines and aircraft carriers,” BWXT Nuclear Operations Group, Inc. President Joel W. Duling said. “For more than 65 years, we have enabled U.S. sailors to fulfill their missions across the globe, while also supporting our communities here at home with thousands of manufacturing jobs.”
BWXT Nuclear Operations Group, Inc., a subsidiary of BWXT, will complete this work on Columbia and Virginia-class reactor components at sites in Lynchburg, Virginia; Barberton and Euclid, Ohio; and Mount Vernon, Indiana. Reactor component manufacturing under this option is valued at nearly $840 million.
Manufacture and delivery of fuel, and development work for future Naval Nuclear Propulsion programs, valued at nearly $200 million, will be performed at BWXT subsidiary Nuclear Fuel Services, Inc. in Erwin, Tennessee. The options were awarded in the fourth quarter of 2021.
BWXT has manufactured naval nuclear components and reactor since the 1950s. Its 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 anticipates completion of the first set of components for the new Columbia-class ballistic missile submarine next year.