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Publish Date: Tue, 16 Sep 2025, 20:56 PM
Sept 16 (Reuters) - BWX Technologies (BWXT.N) , opens new tab said on Tuesday it had secured a $1.5 billion contract from the U.S. National Nuclear Security Administration to develop domestic uranium enrichment capabilities for defense purposes.
The semi-autonomous nuclear agency, part of the Department of Energy, aims to establish a reliable supply of low-enriched uranium for tritium production and highly enriched uranium for naval nuclear propulsion, the NNSA said in a statement.
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The production plant will be located in Erwin, Tennessee.
In July, BWX secured a $2.6 billion order to manufacture components for nuclear submarines and an aircraft carrier for the U.S. Navy.
Shares of BWX were up 1.4% in extended trading.
https://www.reuters.com/business/energy/bwx-technologies-secures-15-billion-contract-us-nuclear-weapons-agency-2025-09-16/