ATI (ATI) said Thursday that the company and BWX Technologies (BWXT) have signed a new long-term strategic material supply agreement related to the US naval nuclear propulsion program.
Under the new five-year agreement, ATI will deliver critical defense materials through 2030, the company added.
Financial details related to the agreement were not disclosed.
Shares of ATI were up over 4% in Thursday trading.
Price: 190.93, Change: +7.57, Percent Change: +4.13
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