News

The Babcock & Wilcox Company (B&W) (NYSE:BWC) is pleased to announce that Nuclear Waste Partnership LLC has been awarded a contract from the U.S. Department of Energy for management and operations at the Waste Isolation Pilot Plant (WIPP) in Carlsbad, New Mexico. Babcock & Wilcox Technical Services Group, Inc. (B&W TSG) is a team member of Nuclear Waste Partnership, which is led by URS.

The Babcock & Wilcox Company (B&W) announced today that Ali Azad is named Senior Vice President and Chief Business Development Officer, effective immediately.

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 engineer, procure and construct (EPC) environmental control systems for three units at Ascend Performance Materials' Decatur, Ala. manufacturing plant.

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 valued at more than $30 million to design and supply a selective catalytic reduction (SCR) system for Xcel Energy's coal-fired Pawnee Generating Station in Brush, Colo.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) today announced that E. James (Jim) Ferland, 45, has been appointed President and Chief Executive Officer, effective April 19, 2012. Mr. Ferland will succeed Brandon C. Bethards, 64, who will step down as President and Chief Executive Officer of B&W, also on April 19, 2012. Mr. Bethards will retire from the Company effective at the Company's Annual Meeting of Stockholders, which is scheduled to be held on May 8, 2012, at which time he will also resign from the Board of Directors. Mr. Bethards will remain an advisor to the Company for 12 months following the 2012 Annual Meeting to ensure a seamless transition. Mr. Ferland has also been appointed to the B&W Board of Directors, effective upon becoming President and Chief Executive Officer.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its subsidiary Power Systems Operations, Inc. has been awarded a 10-year contract valued at more than $40 million to provide operations and maintenance (O&M) services for Ebensburg Power Company's 50 megawatt power plant in Ebensburg, Pa.

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 design and supply reheaters for three 660 megawatt coal-fired boilers at FirstEnergy's Harrison Power Station in Haywood, W.Va.

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) announced today that Richard L. Killion, 64, President and Chief Operating Officer of Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) will retire effective July 1, 2012. In addition, J. Randall (Randy) Data, 46, is named President and Chief Operating Officer of B&W PGG, effective April 1, 2012. To help ensure a smooth transition, Mr. Killion will serve in an advisory role to B&W PGG beginning April 1 until his retirement.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has been selected as a preferred environmental control technology provider for several of Luminant's coal-fired power plants.