BWXT Enters Agreement to Acquire Kinectrics, a Leading Service Provider to the Global Nuclear Market
(LYNCHBURG, Va. – Jan. 7, 2025) – BWX Technologies, Inc. (NYSE: BWXT) today announced that it has entered into an agreement to acquire Kinectrics, Inc., for approximately US$525 million, including assumption of Kinectrics’ net pension and debt liabilities, and estimated transaction expenses. Kinectrics is a leader in providing lifecycle management services for the global nuclear […]
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 Canada and Westinghouse Sign MOU for AP1000® and AP300™ Projects
Agreement Expands Capability to Supply Carbon-Free Energy to the World (CAMBRIDGE, ON. – December 12, 2024) – BWXT Canada, Ltd. (“BWXT”), a subsidiary of BWX Technologies, Inc., and Westinghouse Electric Company announced today that they have signed a memorandum of understanding (MOU) to support nuclear new-build projects in Canada and globally. Under the agreement, BWXT […]
BWXT-Led Team Awarded $3 Billion Cleanup Contract for Department of Energy’s West Valley Demonstration Project
(LYNCHBURG, Va. – December 2, 2024) – BWX Technologies, Inc. (NYSE: BWXT) is pleased to announce an award from the U.S. Department of Energy for cleanup operations at the West Valley Demonstration Project in West Valley, New York. The Phase 1B contract was awarded to West Valley Cleanup Alliance, LLC (WVCA), which is a joint […]
BWXT Names Robb A. LeMasters Executive Vice President and Chief Financial Officer
(LYNCHBURG, Va. – Nov.7, 2024) – BWX Technologies, Inc. (BWXT) announces the promotion of Robb A. LeMasters to executive vice president and chief financial officer (CFO) in recognition of his contributions to the corporation and his leadership across the traditional CFO functions of tax, treasury, investor relations, risk, finance and accounting, but also the company’s […]
BWX Technologies Reports Third Quarter 2024 Results
LYNCHBURG, Va.– Nov. 4, 2024– BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported third quarter 2024 results. A reconciliation of non-GAAP results are detailed in Exhibit 1. “Our strong third quarter performance underscores the momentum BWXT has built throughout 2024,” said Rex D. Geveden, president and chief executive officer. “The combination of recent key […]
Hanford Tank Waste Operations & Closure, LLC Approved to Begin Hanford Tanks Cleanup Contract
(LYNCHBURG, Va. – October 17, 2024) – BWX Technologies, Inc. (NYSE: BWXT) is pleased to announce that Hanford Tank Waste Operations & Closure, LLC (H2C) has been approved by the U.S. Department of Energy (DOE) to begin the Hanford Integrated Tank Disposition Contract (ITDC). After being previously approved to work on pre-transition activities, the DOE […]
BWXT selected for nuclear fuel deconversion award by U.S. Department of Energy
(LYNCHBURG, Va. – Oct. 8, 2024) – BWX Technologies, Inc. (NYSE: BWXT) today announced that its Nuclear Fuel Services, Inc. (NFS) subsidiary was selected by the U.S. Department of Energy (DOE) as one of the successful bidders for High-Assay Low-Enriched Uranium (HALEU) deconversion services to support the civil advanced reactor marketplace. This is an indefinite-delivery, […]
BWXT Names Gary D. Camper President of Nuclear Operations Group Subsidiary
(LYNCHBURG, Va. – Sept. 3, 2024) – BWX Technologies, Inc. (NYSE: BWXT) announced today that Gary D. Camper has been appointed president of BWXT Nuclear Operations Group, Inc. (NOG) effective Sept. 1, 2024. In this role, Camper will lead more than 5,000 employees at five sites across four states in their mission to manufacture nuclear […]
BWX Technologies Reports Second Quarter 2024 Results
LYNCHBURG, Va.–(BUSINESS WIRE)–BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported second quarter 2024 results. A reconciliation of non-GAAP results are detailed in Exhibit 1. “In recent months there have been multiple important developments supporting our nuclear markets, including passage of the ADVANCE Act, federal and state legislation supporting small modular reactor […]
