Nuclear Reactor Builder Warns of Loss if Navy Buys Single Virginia Attack Boat in FY ’21

USS Minnesota (SSN-783) under construction at Newport News Shipbuilding in 2012. U.S. Navy Photo

A critical nuclear submarine supplier could take financial hits for years if the Navy sticks to buying just one Virginia-class fast-attack submarine in Fiscal Year 2021.

BWX Technologies – U.S. Navy’s only manufacturer of nuclear reactors – would start feeling the hit to its bottom line by the end of 2020 if the Navy only buys one Virginia-class boat, said Rex Geveden, chief executive of BWX...

https://news.usni.org/2020/02/25/nuclear-reactor-builder-warns-of-loss-if-navy-buys-single-virgina-attack-boat-in-fy-21

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