BWXT Begins $4.9 Million TRISO Nuclear Fuel Production Campaign
(LYNCHBURG, Va. – Jan. 24, 2022) – BWX Technologies, Inc. (NYSE: BWXT) announced today it has been awarded a $4.9 million contract amendment by Battelle Energy Alliance LLC to manufacture TRISO nuclear fuel. BEA manages Idaho National Laboratory on behalf of the Department of Energy. The award amends a competitively bid base award announced in July […]
BWXT Delivers Fuel to NASA to Support Nuclear Thermal Propulsion
(LYNCHBURG, Va. – Dec. 13, 2021) – BWX Technologies, Inc. (NYSE: BWXT) has reached a critical milestone in the nation’s pursuit of space nuclear propulsion by delivering coated reactor fuels to NASA in support of its space nuclear propulsion project within the agency’s Space Technology Mission Directorate. Nuclear Thermal Propulsion (NTP) is one of the […]
BWXT Hosting Investor Day on Nov. 16
(LYNCHBURG, Va. – Nov. 15, 2021) – BWX Technologies, Inc. (NYSE: BWXT) is hosting an Investor Day 8:30 a.m. to approximately 11:30 a.m. ET on Tuesday, Nov. 16, 2021. During the event, BWXT executives will discuss current operations and future vision across the company’s portfolio of businesses. There will also be a question and answer […]
BWXT Names Robb A. LeMasters as Next Chief Financial Officer
Current CFO David Black to Retire After 30 Years at BWXT and Serve as Special Advisor to CEO LYNCHBURG, Va. — BWX Technologies, Inc. (NYSE: BWXT) announced today that as part of BWXT’s executive succession planning process, Robb A. LeMasters has been named senior vice president and chief financial officer effective November 15, 2021. LeMasters will […]
OPG awards contract for complex parts for nuclear refurbishment
Peterborough – Ontario Power Generation (OPG) and BWX Technologies, Inc. (NYSE: BWXT) are announcing a contract for Fuelling Machine (FM) head engineering and component supply as part of refurbishment of the Darlington Nuclear Generating Station. The contract will be formally announced today at BWXT’s Peterborough, Ontario, facility, with Energy Minister Todd Smith, Peterborough-Kawartha MPP Dave Smith, […]
BWX Technologies Reports Third Quarter 2021 Results, Narrows 2021 Guidance and Strategically Deploys Capital to Repurchase Shares
Lynchburg, VA – November 1, 2021 – BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported third quarter 2021 revenue of $499 million, down 4% compared with $520 million in the third quarter 2020. GAAP net income for the third quarter 2021 was $59.9 million, or $0.63 per diluted share, compared with GAAP […]
BWXT to Restart Existing TRISO Nuclear Fuel Production Line and Expand Capacity
Company to hireup to 60 new workers to attain increased production targets (LYNCHBURG, Va. – Oct. 2, 2019) – BWX Technologies, Inc. (NYSE: BWXT) announced today that it is in the process of restarting its existing TRISO nuclear fuel production line and is planning to expand its existing capacity within approximately 12 months. The expansion […]
BWXT Medical and Bayer AG Enter into Agreement for the Development and Production of Actinium-225
(OTTAWA, Ontario – September 16, 2021) – BWX Technologies, Inc. (NYSE: BWXT) announced today that its BWXT Medical Ltd. subsidiary (BWXT Medical) has entered into an agreement with Bayer AG (Bayer) to develop Actinium-225 (Ac-225) supply and further partnering opportunities on finished products as both companies broaden their respective commercialization strategies for targeted radionuclide therapies […]
BWXT Awarded CA$40 Million Contract to Supply Heat Exchangers for Bruce Power
(CAMBRIDGE, ON – August 19, 2021) – BWX Technologies, Inc. (NYSE: BWXT) today announced a contract from Bruce Power valued at approximately CA$40 million to supply four moderator heat exchangers. The contract, which will be executed by subsidiary BWXT Canada Ltd. at its Cambridge, Ontario facility, involves engineering and fabrication of these specialized components. Moderator […]
BWX Technologies Reports First Quarter 2021 Results and Commences New Multi-Year Guidance Framework
Highlights: BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported first quarter 2021 revenue of $528 million, a 2.6% decrease compared with $542 million in the first quarter 2020. Net income for the first quarter 2021 was $69.7 million, or $0.73 per diluted share, compared with GAAP net income of $75.5 million, […]