In July 2025, BWXT secured U.S. Naval Nuclear Propulsion Program contracts worth approximately $2.6 billion to manufacture naval nuclear reactor components for Virginia and Columbia-class submarines and Ford-class aircraft carriers, with deliveries planned over the next six to eight years. The company is also preparing for future growth in the SMR market by expecting multiple follow-on orders in Canada, the United States, and Europe. This reflects the increasing global demand for SMRs as a clean energy solution to meet decarbonization goals and growing electricity needs.