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BWXT Awarded $4 Million Conceptual Design Contract for Y-12 Lithium Processing Facility

Recently, BWX Technologies, Inc. (BWXT), a nuclear technology, nuclear components, and nuclear fuel manufacturing company headquartered in Lynchburg, Virginia, USA, announced that it has been awarded the conceptual design contract for the first module of the first lithium processing facility at the Y-12 National Security Complex by the U.S. Department of Energy National Nuclear Security Administration (DOE/NNSA). It is understood that the Y-12 National Security Complex, located in Oak Ridge, Tennessee, USA, is managed by the National Nuclear Security Administration (NNSA) under the U.S. Department of Energy. Its core business...

2026-09-14

BWXT Selected for Conceptual Design of First Module of U.S. NNSA Lithium Processing Facility

BWX Technologies, Inc. (BWXT) has announced that it has been awarded a contract by the U.S. Department of Energy's National Nuclear Security Administration (DOE/NNSA) to perform conceptual design work for the first module of a new lithium processing facility planned for the Y-12 National Security Complex. According to available information, lithium post-processing operations are currently still being conducted in some aging facilities. To continue supporting missions such as direct reuse of lithium materials, purification, component production, and recycling, NNSA plans to modernize related facilities to meet its national security mission requirements. Heatherly Dukes, President of BWXT Technical Services Group, stated that this project represents a significant investment in the modernization of U.S. nuclear security infrastructure, aimed at...

2026-09-04

US BWXT in Discussions with Naval Reactors on Proposed Nuclear-Powered Warship Reactor Design

BWX Technologies is in preliminary discussions with the U.S. Naval Reactors program regarding a proposed nuclear-powered warship. According to company CEO Rex Geveden during the Q2 2026 earnings call, the project could begin long-lead procurement as early as 2028 if approved and funded by the U.S. Congress. Image credit: U.S. Navy. Geveden stated that the design could leverage the existing reactor design used in Ford-class aircraft carriers. Each Ford-class carrier is equipped with two large reactors, while the proposed warship could use one reactor of the same type. Given BWXT's existing naval propulsion systems business, this approach aligns directly with the company's current manufacturing capabilities...

2026-08-05

BWXT to Sell Medical Business to Nordic Capital for Up to $800 Million

On August 3, BWX Technologies, Inc. announced that it has reached a definitive agreement to sell its medical business to healthcare investment company Nordic Capital. The transaction is valued at up to $800 million and includes BWXT Medical and the stable medical isotope business of Kinectrics. BWXT stated that the divestiture will help the company concentrate resources and capital to drive growth in its core nuclear national security business and commercial nuclear power market operations. The company believes these areas are its long-term strategic priorities. Under Nordic Capital's ownership, the medical business is expected to further expand its scale, enhance capabilities, and strengthen its position in the radiopharmaceutical field...

2026-08-04

CCTE Signs Supply Agreement with BWXT Canada to Advance Commercial Demonstration of ANEEL Fuel

U.S. nuclear fuel company Clean Core Thorium Energy (CCTE) announced on August 3 that it has signed a fuel manufacturing supply agreement with BWXT Canada Ltd. to further refine manufacturing conditions for the commercial demonstration of its ANEEL nuclear fuel platform. Under the agreement, BWXT Canada will provide qualified fuel assembly hardware for integration with ANEEL fuel pellets, and assemble them into complete, reactor-representative full-scale demonstration fuel assemblies at the Chalk River Laboratories under Canadian Nuclear Laboratories (CNL). CCTE is responsible for providing ANEEL fuel...

2026-08-04