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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

Senate Dems Block Consideration Of FY ‘27 NDAA Over Iran War Concerns

Senate Democrats on Tuesday blocked a vote to advance consideration of the chamber’s $1.14 trillion fiscal year 2027 National Defense Authorization (NDAA). The procedural vote was 46-50, failing to reach […]

Congress

Concerns Raised At SASC Hearing On Unobligated Reconciliation Funds And Lack Of Updates On Iran War Cost

Members of the Senate Armed Services Committee (SASC) raised concerns at a hearing on Tuesday about the majority of funds in the $153 billion first reconciliation bill being unobligated thus […]

Unmanned Systems

CBO Says Upfront Costs To Protect Military Installations From Drones Between $1 Million And $74 Million

The initial costs to acquire and deploy counter-small unmanned aircraft system (C-sUAS) defenses at individual Defense Department installations are estimated at between $1.2 million and $73.6 million depending on the […]

Congress

House Heads For Recess Without Moving On NDAA After Procedural Vote Fails

The House will leave for the Fourth of July recess without moving forward on its $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA), with a procedural vote to […]