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Powering Transformation

Press Releases

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

BWXT Announces $200 Million Accelerated Share Repurchase

9/19/2016

LYNCHBURG, Va.--(BUSINESS WIRE)--Sep. 19, 2016-- BWX Technologies, Inc. (NYSE:BWXT) announced today that it has entered into an accelerated share repurchase (ASR) agreement with Wells Fargo Bank, National Association to repurchase an aggregate of $200 million of the Company’s common stock. The ASR agreement was entered into under the Company’s previously authorized share repurchase program which had $253.4 million remaining as of June 30, 2016.

BWXT Names Jaska, Krieg, Niland to Board of Directors

9/12/2016

BWX Technologies, Inc. (NYSE:BWXT) announced today that James M. Jaska, Kenneth J. Krieg and Barbara A. Niland have been appointed to its Board of Directors to further the Board’s ongoing succession planning and refreshment efforts. Each of these new directors brings valuable industry experience and other qualifications that will support BWXT’s sustainable long-term growth and stability objectives.

BWXT Subsidiary Enters Into Share Purchase Agreement to Acquire GE Hitachi Nuclear Energy Canada Inc.

8/18/2016

BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has entered into a share purchase agreement to acquire all of the shares of the GE Hitachi Nuclear Energy Canada Inc. (GEH-C) joint venture.