BWX Technologies Secures $174 Million U.S. Navy Nuclear Fuel Contract

Reuters
Oct 30, 2025
BWX Technologies Secures $174 Million U.S. Navy Nuclear Fuel Contract

BWX Technologies, Inc. (NYSE: BWXT) has announced the award of a contract valued at approximately $174 million from the U.S. Naval Nuclear Propulsion Program for the manufacture of naval nuclear reactor fuel. The contract was awarded on September 10, 2025, and work has already commenced, with completion targeted for summer 2026. The fuel will be manufactured and delivered by BWXT's subsidiary, Nuclear Fuel Services, Inc., located in Erwin, Tennessee. The fuel produced under this contract will support the U.S. Navy's Ohio, Virginia, Seawolf, Los Angeles, and Columbia class submarines, as well as Nimitz and Ford class aircraft carriers.

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