BWX Technologies (NYSE: BWXT) announced on October 1, 2026 that its subsidiary Nuclear Fuel Services, Inc. received a contract valued at approximately $189 million to manufacture and deliver naval nuclear reactor fuel. The company, based in Lynchburg, Virginia, is a U.S. firm, and the work falls in the fuel fabrication segment of the nuclear fuel cycle.
The award supports the U.S. Naval Nuclear Propulsion Program. The release names no specific contracting office and states no contract type, so the value stands as approximately $189 million with no classification as a firm obligation or a ceiling.
The fuel supports Ohio, Virginia, Seawolf, Los Angeles and Columbia class submarines, along with Nimitz and Ford class aircraft carriers. Work is scheduled for completion in August 2027.
Nuclear Fuel Services performs the work in Erwin, Tennessee. The company describes the site as a Category 1 nuclear facility that processes highly enriched uranium and holds a license from the Nuclear Regulatory Commission.
ExchangeMonitor reported the award on October 8 and identified the U.S. Navy as the customer. Howard Markle, president of BWXT's Nuclear Operations Group, commented on the award in the company release, which BWXT issued from Lynchburg, Virginia at 8:00 a.m. EDT on October 1.
Source: BWX Technologies - https://investors.bwxt.com/news-releases/news-release-details/bwxt-awarded-189-million-naval-nuclear-fuel-contract