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Babcock & Wilcox lands $79M naval nuclear fuel contract extension

Charlotte-based Babcock & Wilcox Co. said its subsidiary has been awarded a $79 million extension on a contract to make fuel for the U.S. Navy.

Nuclear Fuel Services, based in Erwin, Tenn., makes the fuel for the Navy’s nuclear-powered aircraft carriers and submarines.

B&W has locations worldwide and employs roughly 12,000.

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