BWXT wins $2.1B in U.S. Naval Nuclear Propulsion Program contracts

The U.S. Naval Nuclear Propulsion Program has awarded BWX Technologies contracts totaling about $2.1 billion, the Lynchburg-based nuclear components and fuel supplier manufacturer announced Wednesday.

The contract involves nuclear reactor component manufacturing and material procurement for Columbia and Virginia class submarines and Ford class aircraft carriers. The work will be performed at the BWXT Nuclear Operations Group location in Lynchburg, as well as in Barberton and Euclid, Ohio, and Mount Vernon, Indiana. The work will be completed over a seven-year period that began in 2023, according to BWXT.

“For more than 70 years, BWXT has proudly supported the U.S. Navy’s mission to defend freedom and uphold security across the globe,” Gary D. Camper, president of BWXT Nuclear Operations Group, said in a statement. “These contracts represent not just our unmatched expertise in naval nuclear power but also our dedication to empowering the Navy with the tools needed to ensure the seas remain free and open.”

The Lynchburg facility is one of two privately owned, Category I nuclear facilities licensed by the Nuclear Regulatory Commission to store and process highly enriched uranium, according to the BWXT website. The company’s Erwin, Tennessee, site is the other.

In October 2023, BWXT announced a contract from the Naval Nuclear Propulsion Program worth about $300 million. That work is performed in Tennessee and is scheduled to be completed this year. In June 2024, a joint venture led by BWXT subsidiary Technical Services Group was awarded a potential $30 billion Department of Energy contract to operate a nuclear weapons plant in Texas.

BWXT has about 8,700 employees and 15 major operating sites in the United States, Canada and the United Kingdom.