BWXT Nuclear Energy Canada Awarded CA$168 Million Contract Extension for OPG Nuclear Fuel Manufacturing
(PETERBOROUGH, Ontario – March 12, 2018) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Energy Canada Inc. (BWXT NEC) has been awarded a CA$168 million, five-year contract extension to manufacture fuel for Ontario Power Generation’s (OPG) Darlington and Pickering nuclear generating stations. The deal extends BWXT NEC’s current fuel manufacturing arrangement […]
BWX Technologies Announces Q4 and FY 2017 Results as It Looks to Another Year of Growth in 2018
Highlights: • 2017 GAAP EPS of $1.47; non-GAAP EPS of $2.05• 2017 consolidated revenue growth of 9%• Robust consolidated backlog of $4.0 billion• Announces 45% quarterly dividend increase to $0.16 per share• GAAP results include a one-time $55 million impact related to tax reform• Initiates 2018 guidance: EPS of $2.45 to $2.55; revenue of $1.75 […]
BWXT Announces $492 Million in Naval Nuclear Reactor Contract Option Awards
(LYNCHBURG, Virginia – February 26, 2018) – BWX Technologies, Inc. (NYSE:BWXT) announced today that the U.S. Naval Nuclear Propulsion Program has exercised contract options with subsidiary BWXT Nuclear Operations Group, Inc. totaling approximately $492 million for the manufacture of naval nuclear reactor components. A variety of manufacturing and material procurement activities will be performed under […]
BWXT Awarded CA$30 Million in Contracts to Supply Critical Heat Exchangers for Bruce Power
(CAMBRIDGE, ONTARIO – February 20, 2018) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has been awarded contracts valued at approximately CA$30 million from Bruce Power to design and supply 13 critical heat exchangers as part of Bruce Power’s asset management program. These heat exchangers will serve various […]
BWXT Awarded CA$18.6 Million Contract for Nuclear Power Plant Tube Fabrication
(PETERBOROUGH, Ontario – February 2, 2018) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Energy Canada Inc. (BWXT NEC) has been awarded a CA$18.6 million, four-year contract to manufacture zircaloy-4 seamless tubes for Societatea Nationala Nuclearelectrica SA (SNN), which operates the Cernavoda Nuclear Power Plant in Romania. “This contract is an […]
BWXT Joint Venture Awarded $1.39 Billion Environmental Management Contract
(LYNCHBURG, Va. – December 21, 2017) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its Newport News Nuclear BWXT-Los Alamos (N3B) joint venture with lead partner Stoller Newport News Nuclear (SN3), a subsidiary of Huntington Ingalls Industries Technical Solutions division, was awarded the Los Alamos Legacy Cleanup Contract. The work will be conducted at the […]
John A. Fees to Transition to Non-Executive Chairman of Board
BWX Technologies, Inc. (NYSE:BWXT) announced today that John A. Fees, Executive Chairman of the Board of Directors, will transition to a non-executive chairman role, effective May 4, 2018. Fees has served as Executive Chairman of BWXT since July 2015 when the company spun off its power generation business to focus on government and commercial nuclear […]
BWXT to Present at Credit Suisse Industrials Conference
(LYNCHBURG, Virginia – November 28, 2017) – BWX Technologies, Inc. (NYSE:BWXT) Senior Vice President and Chief Financial Officer David Black, and Vice President and Chief Investor Relations Officer Alan Nethery will be presenting at the Credit Suisse 5th Annual Industrials Conference on November 29, 2017. BWXT is a leading supplier of nuclear components, fuel and services […]
Carter Named BWXT Senior Vice President, Government Affairs & Communications
(LYNCHBURG, Va. – November 22, 2017) – BWX Technologies, Inc. (NYSE:BWXT) announced today that Regina W. Carter has been named Senior Vice President, Government Affairs & Communications. In this role, Carter leads the government affairs and communications functions of the company. She also serves as a key member of BWXT’s executive staff and strategic planning […]
Camplin Named BWXT Nuclear Services Group President
(LYNCHBURG, Va. – November 16, 2017) – BWX Technologies, Inc. (NYSE:BWXT) announced today that Kenneth (Ken) R. Camplin has been named President of the company’s Nuclear Services Group (NSG). In this role, Camplin will lead the commercial nuclear and government technical services segments of the company. He will also continue to oversee BWXT’s business development […]