BWXT Launches Innovation Campus to Speed Development of Advanced Nuclear Technologies
(LYNCHBURG, Va. – March 26, 2025) – BWX Technologies, Inc. (NYSE: BWXT) today announced the opening of the BWXT Innovation Campus, a 170,000 square-foot facility that focuses on nuclear technology advancements for land, sea and space. The Lynchburg campus is home to BWXT’s Advanced Technologies business unit and its more than 350 team members. They […]
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 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 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 […]
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 Renames Laker Energy Products to BWXT Precision Manufacturing
(OAKVILLE, ON – March 16, 2021) – BWXT Canada Ltd. announced today that it has renamed its subsidiary Laker Energy Products Ltd. to BWXT Precision Manufacturing Inc. BWXT Canada Ltd. acquired Laker Energy Products Ltd. in January of 2020. The Canadian company, founded in 1995, is a leading supplier of nuclear-grade materials and precisely machined […]
BWXT Subsidiary Awarded $57.5 Million Contract to Prepare for Uranium Conversion and Purification Services
(LYNCHBURG, Va. – March 1, 2021) – BWX Technologies, Inc. (NYSE: BWXT) announced today that its Nuclear Fuel Services, Inc. (NFS) subsidiary has received a $57.5 million contract from the National Nuclear Security Administration (NNSA) to prepare for future highly enriched uranium (HEU) conversion and purification services. Under this contract, NFS will provide a final […]
BWX Technologies Reports Solid Fourth Quarter 2020 Results, Marking New Annual Records for Revenue and Earnings and Achieves Long-Term Guidance
View the full report here.