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Stock impact report

BWXT Awarded TRISO Nuclear Fuel Manufacturing Contract

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
Production to be Completed by the Fall of 2020 LYNCHBURG, Va.--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE: BWXT) announced today that its BWXT Nuclear Operations Group, Inc. (NOG) subsidiary has been awarded a contract from the Department of Energy’s Oak Ridge National Laboratory (ORNL) to manufacture TRISO nuclear fuel to support the continued development of the Transformational Challenge Reactor (TCR).BWXT had previously announced that it is restarting its TRISO production line at its Lynchburg, Virginia manufacturing site. Restart activities will be finalized to allow for production to be completed by the fall of 2020.TCR will demonstrate a revolutionary approach to deploying new nuclear power systems. By building and operating an additively manufactured microreactor, the ORNL program will explore solutions to the high costs and lengthy deployment timelines that threaten the future of nuclear energy—the country’s largest source of carbon-free energy. BWXT is also providing ma Show less Read more
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