US orders $450Mm in nuclear components from B&W

McDermott International, Inc. (MDR) announced today that The Babcock & Wilcox Company (B&W), through a subsidiary, has received an award of approximately $450 million for the manufacture of nuclear components to support U.S. defense programs, including the manufacture of U.S. Naval nuclear power systems for submarines and aircraft carriers. The value of this contract was recorded in McDermott's Government Operations segment backlog during the fourth quarter 2009. 

"We are very pleased with these new orders and the steady growth of B&W's nuclear product line for the U.S. government," said Winfred Nash, President of Babcock & Wilcox Nuclear Operations Group. "B&W has long played an important role in supporting the defense of our nation, and we continue to be committed to that mission by providing reliable, cost effective and technologically advanced nuclear products.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs