US Army allocates $2.2 billion for nuclear microreactor deployment
BWXT BWX Technologies Inc
$134.24 -1.17%
View chart & analysis → - 1On August 26, the US Army announced approximately $2.2 billion in funding for the ownership, construction, and operation of US Army nuclear microreactors through various companies.
- 2BWX Technologies has been selected as a nuclear microreactor supplier for the US Army.
- 3BWX Technologies recently raised its 2026 guidance through its quarterly earnings report.
So what's the key point?
The US Army has decided to spend $2.2 billion to build small nuclear power plants. BWX Technologies was chosen as a supplier and has also raised its earnings outlook for next year.
Source The Motley Fool +1 · View original ↗
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