B&W Unit Wins $1.3B Naval Reactors Components Award
Under the terms of the three-year contract, the Babcock & Wilcox Co. subsidiary will produce nuclear power systems for submarines, aircraft carriers and other naval operations as part of the U.S. Naval Reactors Program.
B&W said the Navy has already released $508 million in funding so the company can immediately start manufacturing the systems, and additional funding will be provided with three...
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