US Awards BWXT $1.5 Billion Sole-Source Enrichment Contract

The US has awarded a BWXT subsidiary a sole-source contract for the licensing, manufacturing development, facility construction, and operations of a uranium enrichment centrifuge pilot project, according to an announcement by the National Nuclear Security Administration Tuesday.

• Value of contract awarded to BWXT Enrichment Operations, LLC for the construction of the Domestic Uranium Enrichment Centrifuge Experiment (DUECE) pilot plant is $1.5 billion and will take place through an indefinite delivery, indefinite quantity contract utilizing discreet task orders: NNSA
• Plant is needed to make both low-enriched uranium and highly enriched uranium for defense purposes: NNSA
• BWXT shares gained as much as ...