-- BWX Technologies (BWXT) won US Naval Nuclear Propulsion Program contracts worth more than $1.4 billion, the company said on Thursday.
The first contract, valued at 1.285 billion, is for long-lead material procurement for the program, the company said, adding that the base contract is for 2026 and is the first of five annual task order awards available through 2030.
The second contract is for the procurement of long-lead time reactor system components and manufacturing work on the Ford-class aircraft carrier and carried a value of $165 million, BWX Technologies said.
Shares of the company were down 1.4% in Thursday trading.
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