BWX Technologies announced that its Nuclear Fuel Services subsidiary was selected by the U.S. Department of Energy, or DOE, as one of the successful bidders for High-Assay Low-Enriched Uranium, or HALEU, deconversion services to support the civil advanced reactor marketplace. This is an indefinite-delivery, indefinite-quantity contract where future orders will be solicited by DOE from those who received awards, including NFS. The minimum ordering guarantee is $2M.
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