{"id":949388,"date":"2026-04-07T09:06:41","date_gmt":"2026-04-07T13:06:41","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bwxt-begins-nrc-engagement-on-licensing-for-a-new-defense-nuclear-fuel-facility\/"},"modified":"2026-04-07T09:06:41","modified_gmt":"2026-04-07T13:06:41","slug":"bwxt-begins-nrc-engagement-on-licensing-for-a-new-defense-nuclear-fuel-facility","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bwxt-begins-nrc-engagement-on-licensing-for-a-new-defense-nuclear-fuel-facility\/","title":{"rendered":"BWXT Begins NRC Engagement on Licensing for a New Defense Nuclear Fuel Facility"},"content":{"rendered":"

<\/p>\n

BWXT Begins NRC Engagement on Licensing for a New Defense Nuclear Fuel Facility<\/b><\/p>\n

ERWIN, Tenn.–(BUSINESS WIRE<\/a>)–
\nBWX Technologies, Inc. (NYSE: BWXT) announced today that it has notified the U.S. Nuclear Regulatory Commission (NRC) of its plan to apply for a uranium enrichment license for a new facility to be built adjacent to its Nuclear Fuel Services (NFS<\/a>) facility in Erwin, Tennessee. The notification enables the NRC to plan resources to support its review of the license application, which BWXT expects to submit during the first quarter of 2027.<\/p>\n

\nThe licensing effort for the Erwin facility directly supports BWXT\u2019s previously announced $1.5 billion contract<\/a> with the U.S. Department of Energy\u2019s National Nuclear Security Administration (NNSA). Through this work, BWXT aims to help restore a fully domestic uranium enrichment capability for national defense and naval propulsion missions, building on decades of support to the nation\u2019s defense nuclear programs.<\/p>\n

\nBy notifying the NRC, BWXT is initiating the pre-application engagement process. During this period, the company will work closely with regulators to develop and submit a detailed license application that addresses facility design, safety systems, security programs and environmental requirements.<\/p>\n

\n\u201cEstablishing reliable U.S. enrichment capacity is critical to ensuring the long-term availability of fuel for naval nuclear propulsion and other national security needs,\u201d said Rex D. Geveden, BWXT\u2019s president and chief executive officer. \u201cOur planned facility will leverage state-of-the-art centrifuge technology and BWXT\u2019s advanced manufacturing expertise to deliver a resilient and secure American supply of enriched uranium.\u201d<\/p>\n

\nThe new enrichment facility will utilize technology developed by Oak Ridge National Laboratory through the NNSA-funded Domestic Uranium Enrichment Centrifuge Experiment (DUECE). The project at the Erwin facility will initially demonstrate enrichment in a production environment and will ultimately produce highly enriched uranium for the NNSA Naval Reactors program. Once operational\u2014expected around 2035\u2014the project will create approximately 100 high-skill jobs.<\/p>\n

\nBWXT selected the Erwin site because of its proximity to NFS and its ability to leverage existing NRC regulated nuclear operations, security and safety infrastructure, and a skilled local workforce.<\/p>\n

\nIn January, BWXT opened its Centrifuge Manufacturing Development Facility (CMDF) in Oak Ridge, Tennessee. The CMDF<\/a> serves as BWXT\u2019s primary hub for the design, engineering, fabrication and testing of advanced gas centrifuge machines, accelerating the transition of centrifuge technology from development to production readiness and strengthening the nation\u2019s domestic enrichment capability.<\/p>\n

\nIn addition to the CMDF in Oak Ridge and the Erwin Enrichment Facility, BWXT is exploring options to further support the NNSA\u2019s defense fuels program.<\/p>\n

Forward-Looking Statements<\/i><\/b><\/p>\n

BWXT cautions that this release contains forward-looking statements, including statements relating to the company\u2019s intent to apply for a uranium enrichment license for a new facility to be constructed to support the national mission of establishing a domestic uranium enrichment capacity for defense purposes. These forward-looking statements involve a number of risks and uncertainties, including, among other things, agency delay or refusal in granting such uranium enrichment license. If one or more of these or other risks materialize, actual results may vary materially from those expressed. For a more complete discussion of these and other risk factors, please see BWXT\u2019s annual report on Form 10-K for the year ended <\/i>December 31, 2025, and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. BWXT cautions not to place undue reliance on these forward-looking statements, which speak only as of the date of this release and undertakes no obligation to update or revise any forward-looking statement, except to the extent required by applicable law.<\/i><\/p>\n

About BWXT<\/i><\/b><\/p>\n

At BWX Technologies, Inc. (NYSE: BWXT), we are People Strong, Innovation Driven. A U.S.-based company with approximately 10,000 employees, BWXT is a Fortune 1000 and Defense News Top 100 manufacturing and engineering innovator that provides safe and effective nuclear solutions for global security, clean energy, nuclear medicine, space exploration and environmental restoration. BWXT owns and operates 17 manufacturing facilities globally, and its 14 strategic partnerships support the U.S. and Canadian governments at more than two dozen additional locations.<\/i><\/p>\n

For more information, visit <\/i>www.bwxt.com<\/i><\/a>. Follow us on <\/i>LinkedIn<\/i><\/a>, <\/i><\/b>X<\/i><\/a>, <\/i><\/b>Facebook<\/i><\/a><\/b>and<\/i>Instagram<\/i><\/a>.<\/i><\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20260407349126\/en\/<\/a><\/span><\/p>\n

Media Contact
\n<\/b>
John Dobken
\n
Senior Manager, Media & Public Relations
\n
202.428.6913
\n
jcdobken@bwxt.com<\/a><\/p>\n

Investor Contact
\n<\/b>
Chase Jacobson
\n
Vice President, Investor Relations
\n
980.365.4300
\n
investors@bwxt.com<\/a><\/p>\n

KEYWORDS:<\/b> Tennessee United States North America Canada<\/p>\n

INDUSTRY KEYWORDS:<\/b> Engineering Defense Other Energy Manufacturing Energy Nuclear Contracts<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

BWXT Begins NRC Engagement on Licensing for a New Defense Nuclear Fuel Facility ERWIN, Tenn.–(BUSINESS WIRE)– BWX Technologies, Inc. (NYSE: BWXT) announced today that it has notified the U.S. Nuclear Regulatory Commission (NRC) of its plan to apply for a uranium enrichment license for a new facility to be built adjacent to its Nuclear Fuel Services (NFS) facility in Erwin, Tennessee. The notification enables the NRC to plan resources to support its review of the license application, which BWXT expects to submit during the first quarter of 2027. The licensing effort for the Erwin facility directly supports BWXT\u2019s previously announced $1.5 billion contract with the U.S. Department of Energy\u2019s National Nuclear Security Administration (NNSA). Through this work, BWXT aims to … <\/p>\n

Continue reading “BWXT Begins NRC Engagement on Licensing for a New Defense Nuclear Fuel Facility”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-949388","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nBWXT Begins NRC Engagement on Licensing for a New Defense Nuclear Fuel Facility - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bwxt-begins-nrc-engagement-on-licensing-for-a-new-defense-nuclear-fuel-facility\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BWXT Begins NRC Engagement on Licensing for a New Defense Nuclear Fuel Facility - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BWXT Begins NRC Engagement on Licensing for a New Defense Nuclear Fuel Facility ERWIN, Tenn.–(BUSINESS WIRE)– BWX Technologies, Inc. (NYSE: BWXT) announced today that it has notified the U.S. Nuclear Regulatory Commission (NRC) of its plan to apply for a uranium enrichment license for a new facility to be built adjacent to its Nuclear Fuel Services (NFS) facility in Erwin, Tennessee. The notification enables the NRC to plan resources to support its review of the license application, which BWXT expects to submit during the first quarter of 2027. The licensing effort for the Erwin facility directly supports BWXT\u2019s previously announced $1.5 billion contract with the U.S. Department of Energy\u2019s National Nuclear Security Administration (NNSA). 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