B&W, TVA Sign Contract for Clinch River mPower Construction Permit
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its subsidiary, Babcock & Wilcox mPower, Inc. (B&W mPower), and the Tennessee Valley Authority (TVA) have signed a contract to prepare and support Nuclear Regulatory Commission (NRC) review of a Construction Permit Application for a B&W mPower™ small modular reactor (SMR) nuclear plant at TVA's Clinch River Site in Oak Ridge, Tenn.
B&W Awarded Contract For U.K. Waste-to-Energy Plant
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S (B&W Vølund), and consortium partner Interserve Plc. were awarded a contract worth approximately $100 million to design and build a waste-to-energy power plant for waste management firm Viridor in Peterborough, United Kingdom.
B&W Announces $510 Million in Contracts Supporting U.S. Naval Nuclear Programs
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary, Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG), was awarded contracts totaling more than $510 million for the manufacture of nuclear components to support U.S. defense programs including the manufacture of naval nuclear power systems for submarines and aircraft carriers. The entire amount was appropriated in the fourth quarter of 2012.
B&W Announces Retirement of Nuclear Energy President Mike Lees; Names Joseph A. Zwetolitz Successor
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that Babcock & Wilcox Nuclear Energy, Inc. (B&W NE) President Michael D. Lees will retire at the end of March. Joseph A. Zwetolitz is named President, B&W NE, and will assume this role in mid-February while Mr. Lees will provide advisory services and support for this leadership transition.
B&W Names Kairus K. Tarapore Chief Administrative Officer
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that Kairus K. Tarapore is named Chief Administrative Officer, effective immediately.
B&W Files Protest of Y-12/Pantex Decision with Government Accountability Office
The Babcock & Wilcox Company (B&W)-led team of Nuclear Production Partners, LLC (NP2) has filed a protest against NNSA's award of a Management & Operating contract for the Y-12 National Security Complex and the Pantex Plant.
B&W Responds to NNSA Procurement Decision
The Babcock & Wilcox Company (B&W) was notified today that our team was not selected to lead the National Nuclear Security Administration's (NNSA) combined Management and Operating (M&O) contract for the Y-12 National Security Complex (Y-12) and Pantex Plant.
B&W Announces Plan to Increase Near-term Share Repurchase Activity by Up To $50 Million
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that it plans to increase the amount of common stock to be repurchased over the next several months to a total of up to $150 million. The Company had previously said it planned to acquire $100 million of common stock before March 31, 2013.
B&W mPower Reactor Control Room Simulator Begins Operations
The Babcock & Wilcox Company (B&W) (NYSE: BWC) is pleased to announce that the production-standard control room prototype for its B&W mPower™ small modular reactor (SMR) is now operational. This engineering simulator is a key milestone in the B&W mPower development program.
Lehigh Heavy Forge and B&W Joined by Pennsylvania Governor Tom Corbett in Announcing Supply Agreement for B&W mPower™ Reactor Forgings
Lehigh Heavy Forge Corporation and The Babcock & Wilcox Company (B&W) (NYSE:BWC) were joined by Pennsylvania Governor Tom Corbett today in announcing a supply agreement for B&W mPower™ small modular reactor (SMR) forgings.