ATI, BWX Technologies Extend Collaboration on US Naval Nuclear Propulsion Program

MT Newswires Live

06/11

ATI (ATI) said Thursday that the company and BWX Technologies (BWXT) have signed a new long-term strategic material supply agreement related to the US naval nuclear propulsion program.

Under the new five-year agreement, ATI will deliver critical defense materials through 2030, the company added.

Financial details related to the agreement were not disclosed.

Shares of ATI were up over 4% in Thursday trading.

Price: 190.93, Change: +7.57, Percent Change: +4.13

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