Local company lands major contract

POSTED: 5:27 AM Nov 15 2012   UPDATED: 5:44 PM Nov 15 2012
ERWIN, Tenn. -

A local company is cashing in on new contracts worth $200 million.

Nuclear Fuel Services in Erwin now has those contracts from the US Department of Energy

The first contract includes making and delivering fuel and support activities for a naval program.

The second provides development of material for future naval reactors programs.

We've learned NFS has been the sole maker of nuclear fuel for the navy's fleet of nuclear-powered aircraft carriers and submarines since 1964.