BWX Technologies (BWXT) Subsidiary Awarded $57.5 Million Contract to Prepare for Uranium Conversion and Purification Services
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BWXT Subsidiary Awarded $57.5 Million Contract to Prepare for Uranium Conversion and Purification Services
March 1, 2021 4:30 PM ESTLYNCHBURG, Va.--(BUSINESS WIRE)--
BWX Technologies, Inc. (NYSE: BWXT) announced today that its Nuclear Fuel Services, Inc. (NFS) subsidiary has received a $57.5 million contract from the National Nuclear Security Administration (NNSA) to prepare for future highly enriched uranium (HEU) conversion and purification services.
Under this contract, NFS will provide a final design and pilot process demonstration using natural or depleted uranium (DU) to convert oxide to purified HEU metal. Because NNSA needs a bridging capability for conversion of oxide to purified HEU... More
