B&W Receives $510 Million in Defense Contracts
Babcock & Wilcox announced nuclear component contracts worth more than $510 million Tuesday, including $65 million awarded under a new contract for fiscal year 2013.The company's Nuclear Operations Group builds propulsion systems for submarines and aircraft carriers. The group begins the work under the new contracts this month at facilities in Lynchburg, Va.; Barberton, Ohio; Euclid, Ohio and Mt. Vernon, Ind. It will take place over eight years, according to a B&W release.http://nuclearstreet.com/nuclear_power_industry_news/b/nuclear_power_news/archive/2013/02/07/b_2600_w-receives-_2400_510-million-in-defense-contracts-020102.aspx
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