Latest News

BWX Technologies wins $1.6 billion HPDU Contract

BWX Technologies announced on Tuesday that it had been awarded a contract worth $1.6 billion over ten years by the National Nuclear Security Administration. The contract is to establish a supply of HPDU (high purity depleted Uranium) for U.S. military purposes.

The contract will require the nuclear component maker to initiate the construction of a HPDU manufacturing facility in Jonesborough (Tennessee) that will produce 300 metric tonnes of HPDU per year.

The National Nuclear Security Administration released a statement separately on Tuesday that said, "This capability will provide the Y-12 National Security Complex with depleted uranium to be used for production and will ensure NNSA’s ability modernize and maintain nuclear deterrent."

The primary mission of the Tennessee-based Y-12 is to support Department of Energy nuclear weapons stockpile program. It also supplies enriched uranium to the U.S. Navy for its nuclear-powered aircraft carriers and submarines.

The company received a contract worth $1.5 billion from the DOE's semi-autonomous agency to build a domestic uranium plant in Erwin.

BWX received a $2.6 Billion order in July to manufacture components for naval nuclear reactors.

(source: Reuters)