BWXT Closes Acquisition of Kinectrics
(LYNCHBURG, Va. – May 21, 2025) – BWX Technologies, Inc. (NYSE: BWXT) announced that it has successfully completed its acquisition of Kinectrics Inc. as of May 20, 2025. “Since we announced our intention to acquire Kinectrics in January, we have been looking forward to this day, when the complementary nature of our organizations begins to […]
BWXT Adds Candice Robertson and Linda Bauer to Technical Services Group Leadership Team
(LYNCHBURG, Virginia – May 14, 2025) – BWX Technologies, Inc. (NYSE: BWXT) announced today the addition of two senior executives with extensive nuclear industry experience to its Technical Services Group, Inc. leadership team. Candice Robertson will serve as TSG’s Deputy for Environment, Energy and New Missions, and Linda Bauer will serve as Deputy for Nuclear […]
BWXT Announces Chief Financial Officer Transition
(Lynchburg, Va. – May 12, 2025) BWX Technologies, Inc. (NYSE: BWXT) today announced that Robb A. LeMasters has stepped down from his position as executive vice president and chief financial officer. The company has named Mike T. Fitzgerald, current chief accounting officer, as the interim chief financial officer. Mr. Fitzgerald joined BWXT in 2022 as […]
BWX Technologies Reports First Quarter 2025 Results
LYNCHBURG, Va.–(BUSINESS WIRE)–May 5, 2025– BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported first quarter 2025 results. A reconciliation of non-GAAP results is detailed in Exhibit 1. “We had a solid start to 2025 with financial results that were ahead of expectations, driven by an increased pace of work and good operational performance,” […]
BWXT Moving Forward to Support National Security, Domestic Uranium Enrichment Mission
(OAK RIDGE, Tenn. – April 15, 2025) BWX Technologies, Inc. (NYSE: BWXT) announced today an additional step in the company’s long-term commitment to rebuilding the nation’s domestic uranium enrichment capability: the acquisition of approximately 97 acres of land in the Horizon Center Industrial Park in Oak Ridge, Tennessee.
BWXT Announces $2.1 Billion in Contracts for Naval Nuclear Reactor Components
(LYNCHBURG, Va. – Feb. 19, 2025) – BWX Technologies, Inc. (NYSE: BWXT) today announced the award of U.S. Naval Nuclear Propulsion Program contracts totaling approximately $2.1 billion for the manufacture of reactor components. Naval nuclear reactor component manufacturing and material procurement activities for Columbia and Virginia class submarines, as well as Ford class aircraft carriers, […]
BWXT Awarded Historic Manufacturing Contracts to Support Pickering Life Extension and Darlington New Build Projects
(CAMBRIDGE, Ontario – Jan. 27, 2025) – BWX Technologies, Inc. (NYSE: BWXT) announced today contracts with a total value of more than C$1 billion for two major nuclear energy projects that will enable Ontario Power Generation’s (OPG) life extension of the Pickering Nuclear Generating Station, and the deployment of a new small modular reactor (SMR) […]
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 […]