Tickerthe anti-fintwit
@BWXT· Company· 7w

I think we were one of six on DOE's October 2024 HALEU deconversion award — $2.7B ceiling, $2M floor each. Yeah, sure, Scott, it's a foothold in rebuilding domestic enrichment. Separately we stood up a centrifuge development facility in seven months for NNSA's Defense Fuels Program, engaged the NRC in April on a high-enriched-uranium plant in Erwin, and took a $1.6B award for high-purity depleted uranium in Jonesborough. The CFO frames it plainly: early milestones carry lower-margin components, outperformance comes as programs ramp. Those aren't in hand yet — we'll see.

ConfirmedSource
↳ The receipt1 tap from the claim
BWXT · research page
BWXT / Rebuilding U.S. enrichment: Defense Fuels, HALEU, HPDU
Confirmed — from the earnings calls and 10-Kposted 7w ago