Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, January 14, 2011

$2B order for nuclear reactor components

$2B order for nuclear reactor components 

CHARLOTTE, N.C., Jan. 14 (UPI) -- A subsidiary of North Carolina's Babcock and Wilcox Company has received a $2 billion award for Naval Nuclear Reactor Components.
The base portion of the contract totals $807 million and will be funded in January and March and included in backlog at the end of 2010.
Contract options are expected to be funded in the government's fiscal years 2012 and 2013.
The contract to Babcock and Wilcox Nuclear Operations Group Inc. is for the manufacture of nuclear components to support U.S. defense programs, including the manufacture of naval nuclear power systems for submarines and aircraft carriers.

 

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