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Wednesday, March 18, 2015

B&W Subsidiary Nuclear Fuel Services, Inc. Awarded $169 Million Contract Options for Naval Reactors Fuel and Materials

Seawolf class SSNThe Babcock & Wilcox Company (B&W)announced today that its subsidiary Nuclear Fuel Services, Inc. (NFS) has been awarded contract options for work totaling approximately $169 million from the U.S. Department of Energy, Naval Reactors Laboratory Field Office.

This work has been awarded under the $302 million contract B&W previously announced in 2014.

The work to be completed under these options includes the manufacture and delivery of fuel and support activities for the U.S. Naval Nuclear Propulsion Program, as well as development of material for future Naval Reactors programs.

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