04:52 PM EST, 12/02/2024 (MT Newswires) -- BWX Technologies ( BWXT ) said Monday it was awarded a phase 1B contract from the US Department of Energy through its joint venture, West Valley Cleanup Alliance for cleanup operations at the West Valley Demonstration Project in New York.

The contract, worth up to $3 billion, has a 10-year ordering period with the option to extend it to 15 years.

The project focuses on cleaning up the former commercial spent nuclear fuel reprocessing facility, which operated from 1963 to 1972 and processed 640 metric tons of spent nuclear fuel.

The West Valley Cleanup Alliance, led by BWXT Technical Services Group and comprising Jacobs Technology and Geosyntec Consultants, will manage demolition, deactivation, soil remediation, waste management, security, and environmental monitoring at the site, the company said.

BWX Technologies ( BWXT ) shares were up 0.7% in recent after-hours activity.