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.
BWXT Names Nuclear Medicine Business as BWXT Medical
(LYNCHBURG, Va. – Feb. 1, 2021) – BWX Technologies, Inc. (NYSE: BWXT) today announced that its subsidiary BWXT ITG Canada, Inc., a nuclear medicine company, has been renamed BWXT Medical Ltd. (BWXT Medical), in order to better align with the company’s products, customer base and strategy. BWXT’s entry into the nuclear medicine industry began with […]
BWXT Again Named Among Best Companies for Environmental, Social and Governance Practices
NAMED TOP COMPANY IN MANUFACTURING CATEGORY, RANKED 28TH OVERALL (LYNCHBURG, Va. – October 28, 2020) – For the second year in a row, BWX Technologies, Inc. (NYSE: BWXT) has been named to Investor’s Business Daily’s Best Environmental, Social and Governance Companies list. The publication recognizes companies with superior environmental, social and governance (ESG) ratings in addition […]
OPG’s Centre for Canadian Nuclear Sustainability Announces New Innovative Collaboration Between Laurentis Energy Partners and BWXT
Agreement to Co-Develop Technology to Recycle Heavy Water Toronto – Ontario Power Generation’s (OPG) Centre for Canadian Nuclear Sustainability (CCNS) has announced an innovative collaboration agreement between Laurentis Energy Partners (LEP) and BWXT Canada Ltd. (BWXT) to develop technology that will assist in the recycling of heavy water at OPG’s nuclear facilities. The project between […]
BWXT-Led Team Receives $13 Billion Award For DOE’s Hanford Tank Closure Contract
(LYNCHBURG, Virginia – May 18, 2020) – A team led by a subsidiary of BWX Technologies, Inc. (NYSE: BWXT) has been awarded the Tank Closure Contract (TCC) at the U.S. Department of Energy’s (DOE) Hanford Site. The total estimated value of the contract is up to approximately $13 billion over a 10-year period. The DOE […]
Statement from President and CEO Rex Geveden on BWXT’s Ongoing Operations
(LYNCHBURG, Va. – April 8, 2020) – BWX Technologies, Inc. (NYSE: BWXT) today released a statement from President and Chief Executive Officer Rex Geveden regarding BWXT’s response to the ongoing COVID-19 health crisis. “The global pandemic is an extraordinary and unprecedented situation for our business and our employees,” said Geveden. “Weeks ago, we created a […]
BWXT-Led Team Wins Department of Defense Contract for Mobile Nuclear Reactor Design
(LYNCHBURG, Va. – March 17, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that a team led by subsidiary BWXT Advanced Technologies has been awarded a $14 million contract from the Office of the Secretary of Defense, Strategic Capabilities Office (SCO) for a mobile nuclear reactor design project. SCO is partnering with the U.S. […]