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BWXT Secures C$1.2B Annual Contract for Management of Canadian Nuclear Laboratories.

Jun 12, 2025•about 1 year ago

Contract Type

contract

LynchburgManufacturingEnergyAerospace

Description

BWXT has been awarded a six-year contract valued at C$1.2 billion per year to manage Canadian Nuclear Laboratories Ltd. This contract involves a transition period starting soon, leading to BWXT taking over the operation on September 13, 2025.

Company Information

Company

BWX Technologies

Location

Lynchburg, Virginia, United States

About

BWX Technologies, Inc. (NYSE: BWXT) is a U.S.-based company recognized as a Fortune 1000 and Defense News Top 100 innovator. The company specializes in providing safe and effective nuclear solutions across various sectors, including global security, clean energy, environmental restoration, nuclear medicine, and space exploration. BWXT employs approximately 7,800 individuals and operates 14 major sites in the U.S., Canada, and the U.K. They also manage a number of facilities for the U.S. Department of Energy and NASA through joint ventures.

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