BWXT Awarded Contract for NNSA Defense Fuels Program
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BWXT started construction of its Centrifuge Manufacturing Development Facility in
Under the contract, BWXT will initiate requirements to build the Domestic Uranium Enrichment Centrifuge Experiment (DUECE) pilot plant, which includes designing the plant, applying for the necessary licenses, procuring long-lead equipment, preparing the physical site, demonstrating centrifuge manufacturing readiness and operating the plant. The pilot plant will demonstrate low-enriched uranium (LEU) production for NNSA’s defense missions, before ultimately being repurposed to produce highly enriched uranium (HEU) for naval propulsion applications. BWXT will locate the plant at its
To support this effort, BWXT started construction of its Centrifuge Manufacturing Development Facility in
“NNSA’s selection of BWXT for this project acknowledges our long-standing role as a trusted partner in advancing the nation’s nuclear defense mission,” said
In a news release, the NNSA stated, “(p)artnering with commercial industry for this pilot plant helps to establish critical supply chains for enduring defense enrichment requirements and ensures capabilities are ready on time to support mission need dates.”
In April, the state of
Forward-Looking Statements
BWXT cautions that this release contains forward-looking statements, including statements relating to the performance, timing, impact and value, to the extent contract value can be viewed as an indicator of future revenues, of the contract to support the national mission of establishing a domestic uranium enrichment capacity for defense purposes. These forward-looking statements involve a number of risks and uncertainties, including, among other things, modification or termination of the contract, funding of current and future work and delays in performance. If one or more of these or other risks materialize, actual results may vary materially from those expressed. For a more complete discussion of these and other risk factors, please see BWXT’s annual report on Form 10-K for the year ended
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