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 […]
BWX Technologies Reports Second Quarter 2023 Results
• 2Q23 revenues of $612.4 million• 2Q23 net income of $58.7 million, adjusted EBITDA(1) of $107.0 million• 2Q23 diluted GAAP EPS of $0.64, non-GAAP(1) EPS of $0.65• Selected to provide the nuclear system and fuel for DARPA’s DRACO project, the first nuclear powered spacecraft• Shipped final missile tube of the Block II contract from our Mount […]
BWXT to Provide Nuclear Reactor Engine and Fuel for DARPA Space Project
(LYNCHBURG, Va. – July 26, 2023) – BWX Technologies, Inc. (NYSE: BWXT) today announced that its reactor and fuel will be key components in the world’s first demonstration spacecraft using nuclear thermal propulsion. Working as part of a team led by Lockheed Martin, BWXT Advanced Technologies LLC will complete final design of the nuclear reactor, […]
BWX Technologies to Announce Second Quarter 2023 Results on Thursday, August 3
Lynchburg, VA – June 27, 2023 – BWX Technologies, Inc. (NYSE: BWXT) will issue a press release detailing second quarter 2023 results on Thursday, August 3, 2023, 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 […]
BWX Technologies Reports First Quarter 2023 Results
Lynchburg, VA – May 8, 2023 – BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported first quarter 2023 GAAP net income attributable to BWXT of $61.1 million, or diluted earnings per share (EPS) of $0.67, on revenue of $568.4 million. First quarter 2023 non-GAAP(1) net income attributable to BWXT was $64.1 million, or $0.70 […]
BWXT-led Team Awarded $45 Billion Environmental Management Contract for DOE’s Hanford Site
(LYNCHBURG, Va. – April 17, 2023) – BWX Technologies, Inc. (NYSE: BWXT) today announced a contract with an estimated value of up to $45 billion over a 10-year ordering period from the U.S. Department of Energy (DOE) for environmental management operations at the Hanford Site in Washington. The DOE announced that the Hanford Integrated Tank […]
BWXT Subsidiary Awarded $428 Million Contract for Uranium Conversion and Purification Services
(LYNCHBURG, Va. – April 10, 2023) – BWX Technologies, Inc. (NYSE: BWXT) announced today that its Nuclear Fuel Services, Inc. (NFS) subsidiary has been awarded a $428 million contract from the National Nuclear Security Administration (NNSA) to provide purification and conversion services for highly enriched uranium (HEU). Located in Erwin, Tennessee, NFS is one of […]
