Question · Q3 2025
Mark Wesley Strouse from JPMorgan Chase & Co asked about the U.S. government's commitment to the $80 billion backstop versus the number of reactors, and the expected margins for Westinghouse's energy systems division across different reactor life stages.
Answer
CEO Connor Teskey clarified the $80 billion is for initial reactor contracts, emphasizing the government's commitment to catalyzing nuclear growth globally, not just a fixed number. He stated Westinghouse's energy systems division typically operates at a minimum 20% margin during development and construction, expecting this to increase with scale.
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