BWX Technologies Announces That Hanford Tank Waste Operations & Closure Has Been Approved By The U.S. Department Of Energy To Begin The Hanford Integrated Tank Disposition Contract
Portfolio Pulse from Benzinga Newsdesk
BWX Technologies, Inc. (NYSE:BWXT) announced that the U.S. Department of Energy has approved Hanford Tank Waste Operations & Closure, LLC to begin the Hanford Integrated Tank Disposition Contract. This contract involves a joint venture led by a BWXT subsidiary, Amentum, and Fluor companies.
October 17, 2024 | 8:22 pm
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BWX Technologies has received approval from the U.S. Department of Energy to begin the Hanford Integrated Tank Disposition Contract, a significant project involving a joint venture with Amentum and Fluor.
The approval from the DOE is a significant milestone for BWXT as it allows the company to proceed with a major contract. This development is likely to positively impact BWXT's stock price in the short term due to the potential revenue and strategic importance of the project.
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IMPORTANCE 80
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