BWXT To Provide Nuclear Reactor Engine And Fuel For Darpa Space Project; Size Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
BWXT has been contracted to provide a nuclear reactor engine and fuel for a DARPA space project. The size of the contract has not been disclosed.
July 26, 2023 | 1:13 pm
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BWXT has secured a contract to provide a nuclear reactor engine and fuel for a DARPA space project. The financial details of the contract have not been disclosed.
The news of BWXT securing a contract with DARPA for a space project is positive for the company. This could potentially increase the company's revenues and profitability, although the financial details of the contract have not been disclosed. The impact on the stock price will depend on the market's perception of the contract's value and its potential contribution to BWXT's future earnings.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100