Babcock & Wilcox announces $510 million in defense contracts

Babcock & Wilcox

The Babcock & Wilcox Company has been awarded more than $510 million in contracts to supply the U.S. military with nuclear components, the firm announced this morning.

The work, which will include making nuclear power systems for submarines and aircraft carriers, will be performed in part at B&W’s Nuclear Operations Group, which is headquartered on Mt. Athos Road.

Facilities in Barberton, Ohio; Euclid, Ohio; and Mt. Vernon, Indiana also will participate. The work began in January and will last eight years, B&W said.

B&W said more than $445 million of the $510 million figure was issued as options under a 2010 contract worth $2 billion, while more than $65 million was issued under a new fiscal-year 2013 agreement. However, the total amount was appropriated in the fourth quarter of 2012.

Source – News Advance

2 thoughts on “Babcock & Wilcox announces $510 million in defense contracts

  1. Larae

    Hmm is anyone else experiencing problems with the pictures on this blog loading?
    I’m trying to determine if its a problem on my end or if it’s the blog.
    Any suggestions would be greatly appreciated.

    1. jasonlockley Post author

      Occasionally, some people have problems loading the blog pictures. Sometimes it can be a fault of the blog, sometimes it can be a fault with your browser. I’ve just logged onto the Babcock &Wilcox post that you’ve come in through and the picture is there plain as day?? Jason


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