BWX Technologies secures naval nuclear reactor component contract worth up to $2.6 billion — TradingView News

BWX Technologies BWXT said on Thursday it has secured contracts worth $2.6 billion, including future options, to manufacture components for nuclear submarines and an aircraft carrier for the U.S. Navy.

The United States has been modernizing its nuclear-powered Navy fleet as part of broader efforts to counter China’s growing influence in the Indo-Pacific region.

In 2023, Reuters reported that the U.S.

Last month, Raytheon, RTX’s defense arm, said it had been awarded a $1.1 billion contract from the U.S. Navy to produce short-range missiles.

BWX said the products under its contract will be delivered in the next six to eight years.