Pennsylvania-based manufacturing firm Allegheny Technologies Inc. has entered into a 6.5-year agreement with BWX Technologies to provide materials that will support the U.S. Navy's development of nuclear reactor components.
ATI said Tuesday the agreement is scheduled to conclude by 2026 and may yield $600M in estimated revenue.
Robert Wetherbee, president and CEO at ATI, said the company has provided the Navy with naval propulsion products and materials for more than five decades.
“ATI's deep materials science expertise and unique process capabilities allow us to produce materials that play an important role in BWXT's mission for the U.S. Navy,“ added Wetherbee.
ATI offers failure analysis, fabrication, finishing and machining services for aerospace and defense industry customers.