BWXT Subsidiary Awarded $122 Million Contract Extension for Uranium Downblending Services
(LYNCHBURG, Va. – February 14, 2024) – BWX Technologies, Inc. (NYSE: BWXT) today announced that its Nuclear Fuel Services, Inc. (NFS) subsidiary was awarded a $122 million contract extension from the Tennessee Valley Authority (TVA) for the downblending of highly enriched uranium (HEU) into low enriched uranium (LEU). Under this contract, NFS will continue to […]
BWX Technologies to Announce Fourth Quarter and Full-Year 2023 Results on Tuesday, February 27
(LYNCHBURG, Va. – January 18, 2024) – BWX Technologies, Inc. (NYSE: BWXT) will issue a press release detailing fourth quarter and full-year 2023 results on Tuesday, February 27, 2024 after market close and will host a conference call at 5:00 p.m. EST. Listen-only participants are encouraged to participate and view the supporting presentation via the internet […]
BWXT Completes Acquisition of L3Harris’ A.O.T. Business
(JONESBOROUGH, Tn. – Jan. 6, 2025) – BWX Technologies, Inc. (NYSE: BWXT) announced today that it has successfully completed its acquisition of L3Harris’ Aerojet Ordnance Tennessee, Inc. (A.O.T.) business as of January 3, 2025. “The addition of A.O.T. to BWXT’s Nuclear Operations Group underscores our commitment to enhancing and growing our special materials portfolio to […]
BWXT Names Nicole W. Piasecki to Board of Directors
(LYNCHBURG, Va. – January 3, 2024) – BWX Technologies, Inc. (NYSE: BWXT) announced today that Nicole W. Piasecki has been appointed to its board of directors effective January 2, 2024. Piasecki spent 25 years with The Boeing Company in a number of senior leadership positions, including the role of vice president and general manager of […]
BWXT Medical Expands Collaboration with Fusion Pharmaceuticals Through Strengthened Actinium Supply and Access to Generator Technology
Agreement Furthers BWXT Medical’s Position as a Global Leader in Actinium Supply Collaboration Enables Fusion to Produce High Purity Actinium-225 At Its Manufacturing Facility for Clinical Trials (OTTAWA, Ontario – November 16, 2023) – BWXT Medical Ltd. and Fusion Pharmaceuticals Inc. (Nasdaq: FUSN) today announced that the companies have entered into an agreement for the […]
BWXT Names Mike Boorstein as New General Manager for Euclid Manufacturing Facility
(EUCLID, Ohio – November 9, 2023) – BWX Technologies, Inc. (NYSE: BWXT) has appointed Mike Boorstein as the new general manager for its Nuclear Operations Group-Euclid manufacturing facility. In this role, Boorstein will have full responsibility for BWXT’s daily operations at the site. The facility employs more than 350 workers and manufactures electro-mechanical components for […]
BWXT Selected as Nuclear Fuel and Component Manufacturer for Air Force Research Laboratory’s JETSON Program
(LYNCHBURG, Va. – November 8, 2023) – BWX Technologies, Inc. (NYSE: BWXT) today announced that it has been selected as the nuclear fuel and components manufacturer for the Air Force Research Laboratory’s Joint Emergent Technology Supplying On-Orbit Nuclear (JETSON) high power mission application program, which will mature high-power nuclear electric power and propulsion technologies and […]
BWX Technologies Reports Third Quarter 2023 Results
• 3Q23 revenues of $590.0 million• 3Q23 net income of $60.4 million, adjusted EBITDA(1) of $106.5 million• 3Q23 diluted GAAP EPS of $0.66, non-GAAP(1) EPS of $0.67• Multiple agreements signed to progress microreactor development for commercial applications• Narrowing 2023 non-GAAP(1) EPS guidance to $2.90-$2.95• Preliminary 2024 guidance for non-GAAP EPS(1) and adjusted EBITDA(1) to grow […]
BWXT Announces $300 Million Contract for Naval Nuclear Reactor Fuel
(LYNCHBURG, Va. – October 24, 2023) – BWX Technologies, Inc. (NYSE: BWXT) today announced the award of a U.S. Naval Nuclear Propulsion Program contract totaling approximately $300 million for the manufacture of naval nuclear reactor fuel. Under this contract, BWXT subsidiary Nuclear Fuel Services, Inc., located in Erwin, Tennessee, will manufacture and deliver fuel for […]
BWXT, Crowley Debut Nuclear Power Generation Vessel Concept
(LYNCHBURG, Va. – September 20, 2023) – Global shipping and energy supply chain leader Crowley has teamed with BWX Technologies, Inc. (NYSE: BWXT) through a memorandum of understanding for a ship concept that has the potential to generate alternative, zero-carbon emission energy for defense and disaster needs by including a microreactor on board. A new […]