BWX Technologies
The sole manufacturer of nuclear fuel and reactor components for the U.S. Navy's nuclear fleet and a leading developer of nuclear thermal propulsion (NTP) for space applications. Publicly traded on NYSE (BWXT). Selected by NASA and DARPA for the DRACO (Demonstration Rocket for Agile Cislunar Operations) program to develop a nuclear thermal propulsion engine for in-space demonstration -- potentially the most transformative propulsion technology for deep space missions since chemical rocketry. Also developing space nuclear power systems and microreactors for defense and NASA surface power applications. A unique pure-play on nuclear technology with no direct competitor in the U.S. for naval reactor fuel. Space nuclear propulsion work could become a significant revenue driver as NASA and DoD invest in faster cislunar transit capabilities.
FINANCIAL HEALTH
CAPITAL & CREDIT PROFILE
DEBT TRANCHES (2)
| Tranche | Principal | Rate / spread | Maturity | SEC accession |
|---|---|---|---|---|
| Senior Secured Revolving Credit Facility | $1.25B | 1.38% | 2030-11-10 | 0001486957-26-000007 |
| Senior Secured Term A Loan | $250.0M | 1.38% | 2030-11-10 | 0001486957-26-000007 |
| Total (unmatured) | $1.50B |
Total = sum of listed unmatured tranche principal. Extracted from SEC filings; tranche-level, not exhaustive. Rate / spread = interest_rate_bps ÷ 100 — fixed coupon or floating-rate spread, as extracted from the filing; floating-rate bank debt shows the spread over its reference rate, not all-in cost.
SECTOR POSITION
RECENT COVERAGE
| Date | Source | Headline |
|---|---|---|
| Jul 01, 2026 | Payload Space | Exclusive: Lunar Forge Unveils Plans to Build Lunar Infrastructure Out of Dust |
REGISTRY DATA
Source: space_company_registry.json · Operator homepage → · BWX Technologies corporate homepage — confirms nuclear space power / propulsion (DRACO RTG) and naval nuclear operations (NYSE: BWXT).
METHODOLOGY
Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.
Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.