BWXT awarded $1 billion contract with U.S. Navy | WSET

BWXT awarded $1 billion contract with U.S. Navy | WSET: LYNCHBURG, Va. (WSET) -- BWX Technologies, Inc. announced Monday, Feb. 17 that the U. S. Naval Nuclear Propulsion Program has awarded subsidiary BWXT Nuclear Operations Group, Inc. new contracts with options totaling approximately $1 billion for the manufacture of naval nuclear reactor components. “We are proud to provide nuclear propulsion systems that enable U. S. Navy sailors and aviators to protect freedom around the globe,” BWXT President and Chief Executive Officer Rex D. Geveden said.