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Thursday, May 01, 2014

B&W Announces $195 Million in Naval Reactors Contracts and Orders

USS George H.W. BushThe Babcock & Wilcox Company (B&W) announced today that its subsidiary B&W Nuclear Operations Group, Inc. (B&W NOG) has received contracts and orders from the U.S. Naval Reactors Program worth approximately $195 million.

Four new incrementally funded contracts totaling $76.8 million were awarded for engineering design, fabrication and further development work on the Ohio-class submarine replacement program.

A new contract valued at $18.8 million was also awarded for disassembly and recovery of highly enriched uranium materials in FY2014.

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