Why BWX Technologies Stock Just Popped

The U.S. DOE just gave BWX stock a big boost.BWX Technologies (BWXT +3.38%) stock, which manufactures components for nuclear power plants, jumped 3.5% through 2:45 p.m. ET Thursday. It's not hard to guess why.Yesterday, the U.S. Department of Energy announced it will award $400 million to the Tennessee Valley Authority to accelerate deployment of new advanced light-water small modular reactors (SMRs) at the Clinch River site in East Tennessee. What's BWX Technologies' role?Clinch River will see installatio ...