A Bechtel subsidiary received a $812 million cost-plus-fixed-fee contract for naval nuclear propulsion components by the Navy, according to the Jan. 21 contracts list on the Pentagon website.
Bechtel Plant Machinery, based in Monroeville, Penn., is a prime contractor for the Naval Nuclear Propulsion Program and is involved in many parts of the process for installing propulsion plant components in nuclear-powered aircraft carriers and submarines for the Navy, according to the company website.
Work is expected to finish by September 2034, according to the Pentagon contracts announcement, and will be conducted primarily in Monroeville, with 20% in Schenectady, N.Y. as well. $489 million in funds were obligated at the time of awards, not set to expire until the end of fiscal 2026.
