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Nuclear Modernization

BWXT Gets $800M+ Contract to Begin Early Work on Reactor Components for Nuke Subs, Carrier

Thursday, October 17th, 2019

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BWXT Gets $800M+ Contract to Begin Early Work on Reactor Components for Nuke Subs, Carrier

Close up illustration of atomic particle for nuclear energy imagery

BWX Technologies [BWXT] said Thursday it has received a contract to procure long-lead components for U.S. Navy nuclear-powered submarines and aircraft carriers, which including options is worth $806 million over seven years. The contract awarded by the National Nuclear Security Administration (NNSA), the semi-autonomous Department of Energy nuclear-weapons agency, has a one-year base period worth about $75 million, plus six one-year options that on average are each worth $122 million. Work under the contract began in 2019 and with options…

Congress

Key Defense Committee Members Face Tight Midterm Races, Including HASC GOP’ers In Virginia

As the mid-term elections near with polls showing an increasing likelihood of a switch in majority control in the House and potentially the Senate, three Virginia Republicans on the House […]

‘Theoretical Potential’ to Achieve 1,509 Combat-Coded Fighters by 2035, USAF Says

In the latest U.S. Air Force fighter force structure report submitted to Congress, the service speaks of a “theoretical potential” to achieve a goal of 1,509 combat-coded fighters in the […]

Budget

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]

Congress

Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]