By Chris Wack

 

BWX Technologies Inc. shares were up 6% to $59 Thursday after the company said it received a contract with an estimated ceiling of $21 billion over a 10-year ordering period from the U.S. Department of Energy.

The company said the contract is for environmental management operations at the Savannah River site in South Carolina.

The DOE gave the award for the Savannah River Site Integrated Mission Completion Contract to Savannah River Mission Completion LLC, which is a joint venture led by a BWX subsidiary and includes subsidiaries of Amentum and Fluor Corp.

BWX Technologies said the scope of work for the contract includes liquid waste stabilization/disposition and potentially nuclear materials management and stabilization, among other requirements.

 

Write to Chris Wack at chris.wack@wsj.com

 

(END) Dow Jones Newswires

October 28, 2021 13:36 ET (17:36 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.
BWX Technologies (NYSE:BWXT)
Historical Stock Chart
From Nov 2021 to Dec 2021 Click Here for more BWX Technologies Charts.
BWX Technologies (NYSE:BWXT)
Historical Stock Chart
From Dec 2020 to Dec 2021 Click Here for more BWX Technologies Charts.