Navy awards $1B contract

The U.S. Navy awarded a naval nuclear reactor component contract worth $1 billion.

BWXT Nuclear Operations Group, a BWX Technologies subsidiary, earned the contract.

“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 CEO Rex Geveden said. “We appreciate the U.S. Navy’s continued trust in our employees and our capability to perform this important work.”

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