The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that it has been selected as the winner of the U.S. Department of Energy's (DOE) competitively bid Small Modular Reactor (SMR) Licensing Technical Support Program. B&W will receive funding that will support accelerated development of its B&W mPower™ SMR technology.
Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has named Ralph T. Bailey as the recipient of its 33rd Engineering Honors Award.
The Babcock & Wilcox Company (B&W) (NYSE:BWC) has been included in the 2012 TR50, Technology Review's annual list of the world's most innovative technology companies, for its innovative small modular reactor technology and design. Technology Review is an independent media company owned by the Massachusetts Institute of Technology (MIT). According to the MIT-owned company, members of the TR50 list are nominated by Technology Review publication editors, who look for companies that over the last year have demonstrated original and valuable technology, are bringing that technology to market at a significant scale and are clearly influencing their competitors. Spanning energy, computing, the Web, biomedicine, and materials, the companies on the list, according to Technology Review, represent commercial innovations most likely to change lives around the world.
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that it has received a $5 million grant from the Virginia Tobacco Indemnification and Community Revitalization Commission (TICRC) for its Integrated System Test (IST) facility in Bedford County, Va. The facility is located at the Center for Advanced Engineering and Research (CAER), currently being constructed at the New London Business & Technology Center.
Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has named Ronald B. Johnson, an engineer and technical consultant at B&W PGG's Barberton headquarters, as the recipient of its 32nd Engineering Honors Award. The award coincides with the observance of National Engineers Week, a 60-year tradition established by the National Society of Professional Engineers and celebrated this year Feb. 20-26.