12:00 AM, May 10, 2012
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The Babcock & Wilcox Company (B&W) announced today that its subsidiary Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG) has received a $130 million contract for nuclear reactor components based on recent technological advances that will be used on the U.S. Navy’s Virginia-Class submarines. The award is in addition to previously announced contracts under which the Company is currently providing similar products and services. Work will be performed at B&W NOG’s Lynchburg, Va., facility over a five-year period, beginning immediately. “B&W is pleased to receive this new contract award,” said Peyton S. Baker, President of B&W NOG. “The work will be executed in our Lynchburg facility and highlights the technologically advanced capabilities B&W utilizes to provide high value-added products in support of U.S. defense programs.” B&W NOG offers a complete range of nuclear components and services, including the manufacture of nuclear reactor components for U.S. Naval submarines and aircraft carriers and other nuclear and non-nuclear R&D and component production. The organization employs more than 3,900 people with operations in Virginia, Ohio, Indiana and a subsidiary in Tennessee.
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