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Stock impact report

BWXT Awarded Contract to Expand TRISO Nuclear Fuel Production Line

BWX Technologies, Inc. (BWXT) 
Last bwx technologies, inc. earnings: 2/24 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.bwxt.com
Company Research Source: Business Wire
LYNCHBURG, Va.--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE: BWXT) announced today that its Nuclear Operations Group, Inc. subsidiary has been awarded a competitively bid contract by the Idaho National Laboratory (INL) to expand and upgrade its TRISO nuclear fuel manufacturing line.This $26 million, 20-month contract award will both expand BWXT’s TRISO capacity for the manufacture of TRISO fuel compacts as well as upgrade existing systems for delivering production-scale quantities of TRISO fuel. At a later date, BWXT anticipates potential awards for additional contract options that would enable the fabrication and delivery of the fuel in support of future game-changing missions for both the Department of Defense and NASA. This project is an effort jointly funded by the Department of Defense’s Operational Energy Capabilities Improvement Fund (OECIF) Office and NASA, with overall program management provided by the Strategic Capabilities Office.TRISO refers to a specific design of Show less Read more
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