News

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG) has received two U.S. Naval Reactors Program contracts totaling approximately $36 million.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) highlighted the importance of a strong safety culture at its recent Global Leadership Conference. Key B&W corporate and business unit leaders from locations in the U.S. and Canada gathered in Charlotte, N.C., to learn more about the organization's focus on safety culture.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary, Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG), has received a contract from the U.S. Naval Reactors Program worth approximately $366 million.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that Ms. Mary Pat Salomone, Senior Vice President & Chief Operating Officer, will retire effective June 30, 2013, following 31 years of service with the Company. Ms. Salomone will continue serving as Chief Executive Officer (CEO) of Nuclear Production Partners, LLC (NP2), the B&W-led joint venture competing for the U.S. Department of Energy contract to manage and operate the combined Y-12 National Security Complex and Pantex Plant.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) is pleased that the Government Accountability Office (GAO) has sustained the protest filed by Nuclear Production Partners, LLC (NP2) in regard to the procurement decision for the combined management and operating contract at the Y-12 National Security Complex (Y-12) and Pantex Plant (Pantex). NP2, comprised of B&W, URS, Northrop Grumman and Honeywell, believes its proposal was a very strong choice for moving closer to the National Nuclear Security Administration's (NNSA) vision of a consolidated Nuclear Security Enterprise and for continuing the tradition of excellence B&W has maintained at both Y-12 and Pantex over the past 12 years.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its subsidiary, Babcock & Wilcox mPower, Inc. (B&W mPower), and the U.S. Department of Energy (DOE) have signed a Cooperative Agreement for funding made available through DOE's Small Modular Reactor (SMR) Licensing Technical Support Program for the development and licensing of B&W's mPower™ technology.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has been awarded a contract to deliver, erect and commission a dry flue gas desulfurization system for Interstate Power and Light Company's (IPL) 270 megawatt coal-fired Lansing Generating Station in Lansing, Iowa. IPL is a subsidiary of Alliant Energy Corporation (NYSE: LNT).

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has reached an agreement with the FutureGen Industrial Alliance to begin initial engineering and preparation for full front-end engineering and design work on the U.S. Department of Energy's FutureGen 2.0 carbon capture and storage (CCS) project.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) today announced its enthusiastic support for the Commonwealth of Virginia's creation of the Virginia Nuclear Energy Consortium Authority and its stated mission of making the Commonwealth a national and global leader in nuclear energy.

Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has named Albert D. LaRue as the recipient of its 34th Engineering Honors Award.