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) […]
BWX Technologies Reports Third Quarter 2022 Results
LYNCHBURG, Va.–(BUSINESS WIRE)– BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported third quarter 2022 GAAP net income attributable to BWXT of $61.6 million, or diluted earnings per share (EPS) of $0.67, on revenue of $523.7 million. Third quarter 2022 non-GAAP(1) net income attributable to BWXT was $63.0 million, or $0.69 diluted EPS. Third […]
BWXT Closes Amended and Restated Credit Agreement
(LYNCHBURG, Va. – Oct. 12, 2022) – BWX Technologies, Inc. (NYSE: BWXT) announced today that it has closed on an amended and restated credit agreement with Wells Fargo Bank, N.A. and other lenders that increases the company’s liquidity while improving a number of key terms for BWXT. The amended and restated credit agreement, among other […]
BWX Technologies to Announce Third Quarter 2022 Results on Monday, November 7
LYNCHBURG, Va.–(BUSINESS WIRE)– BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will issue a press release detailing third quarter 2022 results on Monday, November 7, 2022, 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 at www.bwxt.com/investors. The dial-in numbers for participants […]