BWXT Awarded Phase Two of Microreactor Evaluation Contract for State of Wyoming
(LYNCHBURG, Va. – June 17, 2024) – BWX Technologies, Inc. (NYSE: BWXT) today announced the award of the second phase of a contract with the Wyoming Energy Authority to assess the viability of deploying small-scale nuclear reactors in the state as a source of resilient and reliable energy to augment existing power generation resources. Under […]
BWX Technologies Reports First Quarter 2024 Results
Lynchburg, VA – May 6, 2024 – BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported first quarter 2024 results. A reconciliation of non-GAAP results are detailed in Exhibit 1. “We started 2024 with solid operating results in each of our business segments, both financially and strategically,” said Rex. D. Geveden, president and chief executive […]
BWX Technologies to Announce First Quarter 2024 Results on Monday, May 6
LYNCHBURG, Va. — BWX Technologies, Inc. (NYSE: BWXT) will issue a press release detailing first quarter 2024 results on Monday, May 6, 2024, after market close and will host a conference call at 5:00 p.m. EDT. Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at www.bwxt.com/investors. The dial-in numbers for participants are […]
BWX Technologies Reports Fourth Quarter and Full Year 2023 Results, Initiates 2024 Guidance
Lynchburg, VA – Feb. 27, 2024 – BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported fourth quarter and full year 2023 results. A reconciliation of non-GAAP results are detailed in Exhibit 1. “We had a strong finish to 2023, with double-digit revenue and adjusted EBITDA growth and robust free cash flow in […]
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 […]
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 Awarded Contract to Evaluate Microreactor Deployment for State of Wyoming
Effort Will Leverage U.S. Department of Energy Advanced Reactor Demonstration Program Achievements (LYNCHBURG, Va. – September 12, 2023) – BWX Technologies, Inc. (NYSE: BWXT) today announced a two-phase, two-year contract with the Wyoming Energy Authority to assess the viability of deploying small-scale nuclear reactors in the state as a source of resilient and reliable energy to […]
BWXT to Manufacture HALEU Feedstock for Advanced Reactors
(LYNCHBURG, Va. – August 30, 2023) – BWX Technologies, Inc. (NYSE: BWXT) today announced a contract to process thousands of kilograms of government-owned scrap material containing enriched uranium that is unusable in its present form in order to produce more than two metric tons of feedstock that can be used for fuel to demonstrate advanced […]