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BWXT Announces $2.6 Billion in Contracts for Naval Nuclear Reactor Components

1. BWXT secured $2.6 billion naval nuclear propulsion contracts. 2. Contracts will deliver essential components for submarines and aircraft carriers.

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FAQ

Why Very Bullish?

The $2.6 billion contract significantly boosts BWXT's revenue, reminiscent of past contract wins that increased stock value significantly.

How important is it?

The substantial value of the contract indicates a strong positioning for future earnings, directly influencing market perception.

Why Long Term?

The contract spans over six to eight years, ensuring sustained revenue and performance visibility.

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LYNCHBURG, Va.--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE: BWXT) announced today the award of U.S. Naval Nuclear Propulsion Program contracts totaling approximately $2.6 billion, including future year options, for manufacturing naval nuclear reactor components. The contracts primarily support Virginia and Columbia-class submarines as well as some work for certain Ford-class aircraft carrier components. Products contracted with these awards will be delivered during the next six to eight year.

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