facebook
twitter
rss
account
search
search
 

Navy gives B&W funding to procure nuclear reactor materials

May 17, 2013 at 1:28 PM   |   Comments

CHARLOTTE, N.C., May 17 (UPI) -- Babcock and Wilcox Nuclear Operations Group Inc. received a $366 million contract to procure nuclear reactor component materials for use in U.S. Navy vessels.

The Babcock and Wilcox Co., parent of B&W NOG, said $75 million in funding has already been released for the procurement and the remainder will be released over six years.

The award supports the U.S. Naval Reactor Program. The materials to be procured are for reactor components B&W NOG will assemble at its facility in Lynchburg, Va.

"B&W is pleased to continue serving the U.S. Naval Reactors Program in support of producing quality products while reducing costs through this new contract," said B&W NOG President Peyton S. Baker. "Our company's role in supporting the U.S. Navy's nuclear fleet's mission is a source of immense pride for our workforce."

The company didn't specify types of materials to be obtained or the reactor components that would be produced.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Russian bank boss feeling sanctions pain Russian bank boss feeling sanctions pain
2
Navy's Triton surveillance drone flies cross-country Navy's Triton surveillance drone flies cross-country
3
Ukraine's State Guard Service receives armored personnel carriers Ukraine's State Guard Service receives armored personnel carriers
4
Additional sub-components being made for Ballistic Missile Defense radar Additional sub-components being made for Ballistic Missile Defense radar
5
Army deploying JLENS radar system to help protect Washington, D.C. Army deploying JLENS radar system to help protect Washington, D.C.
Trending News
Video
x
Feedback