BWX Technologies secures $30bn contract for Pantex plant operations

BWX Technologies secures $30bn contract for Pantex plant operations

BWX Technologies, Inc. (NYSE: BWXT), in partnership with its consortium, PanTeXas Deterrence LLC (PXD), has been awarded a significant contract by the U.S. Department of Energy’s National Nuclear Security Administration (DOE/NNSA) to manage and operate the Pantex Plant. The contract, potentially extending over 20 years if all options are exercised, is valued at approximately $30 […]

BWXT to transform scrap uranium into clean energy fuel, boosting US grid decarbonization

BWXT to transform scrap uranium into clean energy fuel, boosting US grid decarbonization

In a move aimed at accelerating the decarbonization of the U.S. power grid, BWX Technologies, Inc. (NYSE: BWXT) has secured a contract to process thousands of kilograms of government-owned enriched uranium scrap material. The material, currently unusable, will be converted into over two metric tons of High Assay Low Enriched Uranium (HALEU), a valuable feedstock […]

BWXT bags $806m long-lead material contract from US Naval Nuclear Propulsion Program

BWXT bags $806m long-lead material contract from US Naval Nuclear Propulsion Program

BWXT Nuclear Operations Group, a subsidiary of nuclear components and fuel supplier BWX Technologies (BWXT), has won a contract of around $806 million from the US Naval Nuclear Propulsion Program. The contract, which comes with options, is for the procurement of long-lead materials needed for the manufacturing of naval reactor components. Rex Geveden – BWXT […]