BWXT Awarded $35 Million Contract to Develop and Fabricate Payload Module Launch Tubes for Virginia-Class Submarines
(LYNCHBURG, Virginia – December 27, 2016) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Operations Group, Inc. has received two competitively bid awards (development and fabrication) under a single contract for Virginia Payload Module (VPM) launch tubes. The contract was awarded by General Dynamics Electric Boat to support the Virginia-class submarine […]
BWXT Completes Acquisition of GE Hitachi Nuclear Energy Canada Inc.
(CAMBRIDGE, ON – December 19, 2016) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has completed its acquisition of the GE Hitachi Nuclear Energy Canada Inc. (GEH-C) joint venture, which has been re-named BWXT Nuclear Energy Canada Inc. (BWXT NEC). The terms of the transaction are not being […]
Peyton S. (Sandy) Baker to retire May 31, 2017 – BWXT announces Rex D. Geveden as next President and Chief Executive Officer
(LYNCHBURG, Virginia – November 29, 2016) – BWX Technologies, Inc. (NYSE:BWXT) announced today that current Chief Operating Officer (COO) Rex D. Geveden, 55, will become President and Chief Executive Officer (CEO) and a member of the BWXT Board of Directors, effective January 1, 2017. Mr. Geveden will replace Peyton S. (Sandy) Baker, 69, who has […]
BWX Technologies Inc. Releases Third Quarter 2016 Results
Today BWX Technologies Inc. announced third quarter 2016 results. View on our Investor Relations Site
BWXT Announces $200 Million Accelerated Share Repurchase
LYNCHBURG, Va.–(BUSINESS WIRE)–Sep. 19, 2016– BWX Technologies, Inc. (NYSE:BWXT) announced today that it has entered into an accelerated share repurchase (ASR) agreement with Wells Fargo Bank, National Association to repurchase an aggregate of $200 million of the Company’s common stock. The ASR agreement was entered into under the Company’s previously authorized share repurchase program which […]
BWXT Names Jaska, Krieg, Niland to Board of Directors
(LYNCHBURG, VA – September 12, 2016) – BWX Technologies, Inc. (NYSE:BWXT) announced today that James M. Jaska, Kenneth J. Krieg and Barbara A. Niland have been appointed to its Board of Directors to further the Board’s ongoing succession planning and refreshment efforts. Each of these new directors brings valuable industry experience and other qualifications that […]
BWXT Subsidiary Enters Into Share Purchase Agreement to Acquire GE Hitachi Nuclear Energy Canada Inc.
(LYNCHBURG, VA – August 18, 2016) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has entered into a share purchase agreement to acquire all of the shares of the GE Hitachi Nuclear Energy Canada Inc. (GEH-C) joint venture. The terms of the transaction are not being disclosed. The […]
BWX Technologies Announces Second Quarter 2016 Results
GAAP EPS of $0.55, Non-GAAP EPS of $0.44 (38% Growth Over the Prior Year Period) – Consolidated Revenue Growth of 13% Over the Prior Year Period – Awarded Steam Generator Design and Supply Contract from Bruce Power – Increasing 2016 Non-GAAP EPS Guidance Range to Between $1.57 and $1.67 View the full release in PDF format.
BWX Technologies, Inc. to Webcast Discussion of its Second Quarter 2016 Results
LYNCHBURG, Va.–(BUSINESS WIRE)–Jul. 25, 2016– BWX Technologies, Inc. (BWXT) (NYSE:BWXT) expects to webcast a discussion of its second quarter 2016 results on Tuesday, August 9, 2016 at 8:30 a.m. ET. Executive Chairman John A. Fees, President & CEO P. Sandy Bakerand Senior Vice President and Chief Financial Officer David S. Black will discuss the Company’s second quarter results. A news release detailing the results […]
BWXT Subsidiary Awarded Steam Generator Design and Supply Contract from Bruce Power
CAMBRIDGE, ONTARIO – July 12, 2016) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has been awarded a steam generator design, manufacturing and delivery contract valued at approximately $130 million CDN (approximately $100 million U.S.) from Bruce Power for its Bruce B Unit 6 reactor. Under this contract, […]