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News

BWXT Awarded CA$48 Million Amendment to Steam Generator Purchase Agreement from Bruce Power

10 August 2017

BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has been awarded a CA$48 million amendment to its existing steam generator purchase agreement from Bruce Power. The amendment reflects the addition of steam drums to Bruce Power’s steam generator agreement with BWXT Canada previously announced July 2016.


BWX Technologies Announces Second Quarter 2017 Results

07 August 2017

BWX Technologies, Inc. (NYSE: BWXT) ("BWXT" or the "Company") today reported second quarter 2017 revenues of $410 million, 1.9% growth compared to $402 million in the second quarter of 2016. GAAP Diluted Earnings per share (EPS) for the second quarter were $0.61 compared to GAAP EPS of $0.56 in 2016. GAAP EPS include a $0.05 per share benefit from a settlement of a contract dispute, which is further detailed in the non-GAAP reconciliation tables in Exhibit 1. Adjusted (non-GAAP) EPS increased 24% to $0.56 from $0.45 in the second quarter of 2016.


BWXT Awarded $18.8 Million Nuclear Thermal Propulsion Reactor Design Contract by NASA

03 August 2017

BWX Technologies, Inc. (NYSE:BWXT) announced today that its BWXT Nuclear Energy, Inc. subsidiary has been awarded an $18.8 million contract from NASA to initiate conceptual designs for a nuclear thermal propulsion reactor in support of a possible future manned mission to Mars.


BWXT Nuclear Energy Canada Awarded CA$34 Million Contract for Primary Heat Transport Motors

02 August 2017

BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Energy Canada Inc. (BWXT NEC) has been awarded a CA$34 million, five year contract to supply seven primary heat transport motors for Bruce Power.


BWXT Joint Venture Awarded $1.5 Billion Environmental Management Contract

26 May 2017

BWX Technologies, Inc. (NYSE:BWXT) announced today that its Four Rivers Nuclear Partnership, LLC joint venture with lead partner CH2M and Fluor Corporation was awarded the Paducah Deactivation and Remediation Contract at the U.S. Department of Energy’s (DOE) Paducah Gaseous Diffusion Plant (PGDP) in Kentucky.


BWX Technologies Announces First Quarter 2017 Results

01 May 2017

BWX Technologies, Inc. (NYSE: BWXT) ("BWXT" or the "Company") today reported first quarter 2017 revenues of $428.2 million, 17% growth compared to $364.8 million in the first quarter of 2016. Earnings per share (EPS) for the first quarter of 2017 were $0.55 compared to GAAP EPS of $0.47 and adjusted (non-GAAP) EPS of $0.45 in the first quarter of 2016.


BWXT Subsidiary Awarded $141.7 Million in Contract Options from Naval Nuclear Propulsion Program

27 April 2017

BWX Technologies, Inc. (NYSE:BWXT) announced today that the U.S. Naval Nuclear Propulsion Program exercised contract options in Q1 2017 with BWXT’s subsidiary Nuclear Fuel Services, Inc. (NFS) totaling approximately $141.7 million for fuel manufacture, development activities, and decommissioning work in support of the nation’s nuclear submarines and aircraft carriers.


BWX Technologies Inc. Announces Q4 and FY 2016 Results

27 February 2017

BWX Technologies, Inc. (NYSE: BWXT) ("BWXT" or the "Company") today reported fourth quarter 2016 revenues of $403.9 million, 11% growth compared to $363.9 million in the fourth quarter of 2015.


BWXT Receives $30 Million (Canadian) Expanded Scope for Feeder Inspection Services at Bruce Power

22 February 2017

(CAMBRIDGE, ON – February 22, 2017) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has been awarded a four-year amendment to its existing Master Services Agreement (MSA), which went into effect on January 1, 2015, for feeder inspection services at Bruce Power, located near Kincardine, Ontario, Canada.


BWXT to Present at CJS Securities Investor Conference

05 January 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.