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BWX Technologies (BWXT) Secures $28M Contract for Continued Mobile Microreactor Design

Go back to BWX Technologies (BWXT) Secures $28M Contract for Continued Mobile Microreactor Design

BWXT Awarded $28 Million Contract for Continued Mobile Microreactor Design

March 25, 2021 4:30 PM EDT

LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (NYSE: BWXT) today announced a $28 million, 12-month contract award from the Department of Defenses (DoD) Strategic Capabilities Office (SCO) for the final design of a transportable microreactor prototype under the second phase of its Project Pele initiative.

SCO is partnering with the U.S. Department of Energy to develop, prototype and demonstrate a mobile microreactor that can be used to provide resilient power needs for the DoD for a variety of operational needs. Consistent with its role as an independent safety and security regulator,... More