BWXT Announces Strategic Acquisition of Sotera Health’s Nordion Medical Isotope Business
BWX Technologies, Inc. (NYSE:BWXT) (“BWXT” or the “Company”) announced today that it has signed a definitive agreement to acquire Sotera Health’s Nordion medical isotope business. The acquisition accelerates and de-risks BWXT’s entry into the medical radioisotope market by adding licensed infrastructure, approximately 150 highly trained and experienced personnel, and two production centers to BWXT. “Today’s […]
BWXT Subsidiary Awarded $151 Million in Contract Options for Naval Nuclear Reactor Fuel and Services
LYNCHBURG, Virginia – BWX Technologies, Inc. (NYSE:BWXT) announced today that the U.S. Naval Nuclear Propulsion Program has exercised contract options with BWXT subsidiary Nuclear Fuel Services, Inc. (NFS) totaling more than $151 million for fuel manufacture, development activities and decommissioning work in support of the nation’s nuclear submarines and aircraft carriers. The contract options were […]
BWXT to Present at Bank of America Merrill Lynch Global Industrials Conference
(LYNCHBURG, Va. – March 19, 2018) – BWX Technologies, Inc. (NYSE:BWXT) President and Chief Executive Officer Rex D. Geveden will be presenting at the Bank of America Merrill Lynch Global Industrials Conference 2018 in London on March 21, 2018. BWXT is a leading supplier of nuclear components, fuel and services to government and commercial customers […]
BWXT Nuclear Energy Canada Awarded CA$168 Million Contract Extension for OPG Nuclear Fuel Manufacturing
(PETERBOROUGH, Ontario – March 12, 2018) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Energy Canada Inc. (BWXT NEC) has been awarded a CA$168 million, five-year contract extension to manufacture fuel for Ontario Power Generation’s (OPG) Darlington and Pickering nuclear generating stations. The deal extends BWXT NEC’s current fuel manufacturing arrangement […]
BWX Technologies Announces Q4 and FY 2017 Results as It Looks to Another Year of Growth in 2018
Highlights: • 2017 GAAP EPS of $1.47; non-GAAP EPS of $2.05• 2017 consolidated revenue growth of 9%• Robust consolidated backlog of $4.0 billion• Announces 45% quarterly dividend increase to $0.16 per share• GAAP results include a one-time $55 million impact related to tax reform• Initiates 2018 guidance: EPS of $2.45 to $2.55; revenue of $1.75 […]
BWXT Announces $492 Million in Naval Nuclear Reactor Contract Option Awards
(LYNCHBURG, Virginia – February 26, 2018) – BWX Technologies, Inc. (NYSE:BWXT) announced today that the U.S. Naval Nuclear Propulsion Program has exercised contract options with subsidiary BWXT Nuclear Operations Group, Inc. totaling approximately $492 million for the manufacture of naval nuclear reactor components. A variety of manufacturing and material procurement activities will be performed under […]
BWXT Awarded CA$30 Million in Contracts to Supply Critical Heat Exchangers for Bruce Power
(CAMBRIDGE, ONTARIO – February 20, 2018) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has been awarded contracts valued at approximately CA$30 million from Bruce Power to design and supply 13 critical heat exchangers as part of Bruce Power’s asset management program. These heat exchangers will serve various […]
BWXT Awarded CA$18.6 Million Contract for Nuclear Power Plant Tube Fabrication
(PETERBOROUGH, Ontario – February 2, 2018) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Energy Canada Inc. (BWXT NEC) has been awarded a CA$18.6 million, four-year contract to manufacture zircaloy-4 seamless tubes for Societatea Nationala Nuclearelectrica SA (SNN), which operates the Cernavoda Nuclear Power Plant in Romania. “This contract is an […]
