BWXT TECHNOLOGIES, INC.
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BWX Technologies, Inc. (NYSE: BWXT) today announced a contract from Bruce Power valued at approximately CA$40 million to supply four moderator heat exchangers.
The contract, which will be executed by subsidiary BWXT Canada Ltd. at its Cambridge, Ont. facility, involves engineering and fabrication of these specialized components. Moderator heat exchangers are large components that remove heat from the moderator system of CANDU nuclear reactors.
Engineering work associated with the contract has commenced, with fabrication expected to start later this year. The first two moderator heat exchangers will be delivered in 2024, with the remaining two units scheduled for delivery in 2025.
“These components are designed for reliable, long-term operation to help Bruce Power continue to provide Ontario with non-emitting, stable and cost-effective electricity for many years to come,” said John MacQuarrie, president of BWXT’s Nuclear Power Group. “This contract, along with several others we have with Bruce Power, is sustaining a very significant number of highly skilled jobs for our Cambridge operations.”
BWXT Canada Ltd. has over 60 years of expertise and experience in the design, manufacturing, commissioning and service of nuclear power generation equipment. This includes steam generators, nuclear fuel and fuel components, critical plant components, parts and related plant services.
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