NYSE:BWXTAerospace & Defense
BWX Technologies’ New Enrichment Move And What It Means For Valuation
BWX Technologies (NYSE:BWXT) has begun the regulatory process to license a new uranium enrichment facility in Erwin, Tennessee.
The facility is intended to support a major U.S. defense nuclear fuels contract and use advanced centrifuge technology developed with the Department of Energy.
The project is tied to a previously announced $1.5b contract with the National Nuclear Security Administration for naval and defense fuel supply.
For investors watching defense and nuclear infrastructure,...
