BWX Technologies, Inc. (NYSE:BWXT) announced today the award of U.S. Naval Nuclear Propulsion Program contracts totaling more than $1.4 billion.

The first contract, valued at $1.285 billion, supports long-lead material procurement for the program. The base contract is for fiscal year 2026 and is the first of five annual task order awards available through 2030.

The second contract, valued at $165 million, is for procurement of long-lead time reactor system components and manufacturing work on the Ford-class aircraft carrier. The component manufacturing will take place at BWXT facilities in Barberton, Ohio, and Mount Vernon, Indiana.