BWXT Awarded $189M Naval Nuclear Fuel Contract

October 01, 2026

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.

“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,” said Howard Markle, president of BWXT’s Nuclear Operations Group. “The BWXT team is honored to support this essential national security mission.”

BWXT’s Nuclear Fuel Services facility processes highly enriched uranium to manufacture fuel for all U.S. naval nuclear reactors and has been involved in the manufacture of nuclear fuel for the U.S. Navy for more than 60 years. It is a highly secure, Category 1 nuclear facility licensed by the Nuclear Regulatory Commission.

Source : BWX Technologies, Inc.