Babcock & Wilcox awarded naval reactors contract options

• Babcock & Wilcox's (BWC -0.1%) Nuclear Fuel Services subsidiary has been awarded contract options for work totaling approximately $169M from the U.S. Department of Energy.
• The work to be completed under the options includes the manufacture and delivery of fuel and support activities for the U.S. Naval Nuclear Propulsion Program, as well as development of material for future Naval Reactors programs.