BWXT Awarded $189 Million Naval Nuclear Fuel Contract
Business Wire•01/10/2026•08:00 ET
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Key Highlights
- ➤BWXT (BWXT) awarded approximately $189 million naval nuclear fuel contract
- ➤Nuclear Fuel Services will manufacture and deliver U.S. Navy reactor fuel
- ➤Contract work scheduled for completion in August 2027
Expert Statements
Howard Markle, President of BWXT’s Nuclear Operations Group
“This contract underscores the Navy’s confidence in our decades of disciplined performance and our role in delivering the fuel that enables unmatched endurance, mobility and mission readiness across the fleet.”
Howard Markle, President of BWXT’s Nuclear Operations Group
“The BWXT team is honored to support this essential national security mission.”
BWX Technologies, Inc. (NYSE: BWXT) announced the award of a contract totaling approximately $189 million for the manufacture of naval nuclear reactor fuel.
Under this contract, BWXT subsidiary Nuclear Fuel Services, Inc., located in Erwin, Tennessee, will manufacture and deliver fuel for the U.S. Naval Nuclear Propulsion Program. BWXT fuel and reactors power the U.S. Navy’s Ohio, Virginia, Seawolf, Los Angeles and Columbia-class submarines, as well as the Nimitz and Ford-class aircraft carriers. Work under this contract is scheduled for completion in August 2027.
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