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 […]
BWXT Expands Scope of ASME Certification
(LYNCHBURG, Va. – April 6, 2023) – BWXT Advanced Technologies LLC, a division of BWX Technologies, Inc. (NYSE: BWXT), has expanded the scope of its ASME N-Type Certificate of Authorization, which symbolizes the highest levels of quality in the nuclear industry. The ASME nuclear component certificate now includes high temperature reactor design per ASME Section […]
BWX Technologies Reports Fourth-Quarter and Full-Year 2022 Results
Lynchburg, VA – Feb. 23, 2023 – BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported fourth-quarter and full-year 2022 results. A reconciliation of non-GAAP results are detailed in Exhibit 1. “As we expected, BWXT closed out 2022 with solid fourth quarter financial results,” said Rex D. Geveden, president and chief executive officer. […]
BWXT Promotes Chip Whitford to Senior Vice President and General Counsel
(LYNCHBURG, Va. – January 4, 2023) – BWX Technologies, Inc. (NYSE: BWXT) has promoted Ronald O. (Chip) Whitford, Jr. to the position of senior vice president, general counsel, chief compliance officer and corporate secretary, effective January 2, 2023. Whitford is succeeding Thomas E. McCabe, who will serve as special advisor to the CEO until his […]
BWXT Starts Production of TRISO Fuel for First U.S. Generation IV Microreactor
(LYNCHBURG, Va. – Dec. 7, 2022) – BWX Technologies, Inc. (NYSE: BWXT) today with officials from the U.S. Department of Defense, Department of Energy, NASA and Idaho National Laboratory celebrated the landmark production of TRISO nuclear fuel that will power the first microreactor built and operated in the United States. The Department of Energy (DOE) […]
