2020-03-17 06:51:36 BWXT BWX Technologies
03/17/20 03/1706:51 03/17/2006:51 | BWX Technologies awarded $14M contract by Secretary of DefenseBWX Technologies announced that a team led by subsidiary BWXT Advanced Technologies has been awarded a $14M contract from the Office of the Secretary of Defense, Strategic Capabilities Office for a mobile nuclear reactor design project. SCO is partnering with the U.S. Department of Energy and the Nuclear Regulatory Commission to develop, build and demonstrate a mobile nuclear reactor that can be used to address electrical power needs in rapid response scenarios. Following completion of this first phase of the project, there is an option for an award of up to $30M for the second phase, which would include developing the final design for a mobile reactor prototype. The period of performance for this phase of the project is expected to be approximately 12 months. BWXT's work will be completed primarily at one of its Lynchburg, Virginia locations. | |
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