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Business/Financial

BWXT Still Having Problems With Missile Tubes For Nuclear Subs

Tuesday, August 9th, 2022

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BWXT Still Having Problems With Missile Tubes For Nuclear Subs

Artist rendering of the future Columbia-class nuclear-armed ballistic missile submarine (SSBN), which will replace the Ohio-class submarines. (Illustration: U.S. Navy)

While it has fixed the bad welds that plagued the program last decade, BWX Technologies [BXWT], Lynchburg, Va., is still having trouble manufacturing common missile compartment tubes for Columbia-, Virginia- and Dreadnought-class submarines, the company’s CEO said this week. “[W]e continue to have some struggles with the missile tubes program,” Rex Geveden, BWXT's chief executive, said Monday in the company’s second quarter earnings call with investors. “[W]e did experience some cost creep in that program last year and we brought…

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