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Powering Transformation

Press Releases

BWXT to Present at CJS Securities Investor Conference

1/5/2017

(LYNCHBURG, Virginia – January 5, 2017) – BWX Technologies, Inc. (NYSE:BWXT) President and Chief Executive Officer Rex D. Geveden will be presenting at the seventeenth annual CJS Securities “New Ideas for a New Year” Investor Conference in New York City on January 11, 2017. BWXT is a leading supplier of nuclear components, fuel and services to government and commercial customers and is the sole manufacturer of U.S. naval nuclear reactors for submarines and aircraft carriers.

BWXT Awarded $35 Million Contract to Develop and Fabricate Payload Module Launch Tubes for Virginia-Class Submarines

12/27/2016

(LYNCHBURG, Virginia – December 27, 2016) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Operations Group, Inc. has received two competitively bid awards (development and fabrication) under a single contract for Virginia Payload Module (VPM) launch tubes. The contract was awarded by General Dynamics Electric Boat to support the Virginia-class submarine program and is worth approximately $35 million.

BWXT Completes Acquisition of GE Hitachi Nuclear Energy Canada Inc.

12/19/2016

BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has completed its acquisition of the GE Hitachi Nuclear Energy Canada Inc. (GEH-C) joint venture, which has been re-named BWXT Nuclear Energy Canada Inc. (BWXT NEC).

Peyton S. (Sandy) Baker to retire May 31, 2017 - BWXT announces Rex D. Geveden as next President and Chief Executive Officer

11/29/2016

BWX Technologies, Inc. (NYSE:BWXT) announced today that current Chief Operating Officer (COO) Rex D. Geveden, 55, will become President and Chief Executive Officer (CEO) and a member of the BWXT Board of Directors, effective January 1, 2017. Mr. Geveden will replace Peyton S. (Sandy) Baker, 69, who has indicated he will retire May 31, 2017.

BWX Technologies Inc. Releases Third Quarter 2016 Results

10/31/2016

- Delivered Consolidated Revenue Growth of 6% Over the Prior Year Period and Solid EPS of $0.39 - Increasing the Lower End of EPS Guidance - Executed a Definitive Agreement to Acquire GE-Hitachi Nuclear Energy Canada Inc. - Entered Into a $200 Million Accelerated Share Repurchase (ASR) Agreement - Amended Credit Agreement to Add Term Loan Facilities Totaling $250 Million