04:57 PM EDT, 09/30/2025 (MT Newswires) -- BWX Technologies ( BWXT ) said late Tuesday it has won a 10-year, $1.6 billion contract from the Department of Energy's National Nuclear Security Administration to establish a supply of high-purity depleted uranium.

Under the deal, the company will design, license, and construct a new high-purity depleted uranium manufacturing facility at its site in Jonesborough, Tennessee. The company will also procure long-lead equipment, prepare the site, demonstrate manufacturing readiness, and operate the plant once completed.

The facility will be capable of producing up to 300 metric tons of high-purity depleted uranium annually, the company said.