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 Awarded Historic Manufacturing Contracts to Support Pickering Life Extension and Darlington New Build Projects
(CAMBRIDGE, Ontario – Jan. 27, 2025) – BWX Technologies, Inc. (NYSE: BWXT) announced today contracts with a total value of more than C$1 billion for two major nuclear energy projects that will enable Ontario Power Generation’s (OPG) life extension of the Pickering Nuclear Generating Station, and the deployment of a new small modular reactor (SMR) […]
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 […]
BWX Technologies Reports Third Quarter 2024 Results
LYNCHBURG, Va.– Nov. 4, 2024– BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported third quarter 2024 results. A reconciliation of non-GAAP results are detailed in Exhibit 1. “Our strong third quarter performance underscores the momentum BWXT has built throughout 2024,” said Rex D. Geveden, president and chief executive officer. “The combination of recent key […]
BWXT Announces Hurricane Helene Relief
(LYNCHBURG, Va. – Oct. 2, 2024) – BWX Technologies, Inc., the parent company of Nuclear Fuel Services (NFS), today announced a $100,000 donation to the Unicoi County United Way to support the recovery efforts underway in the Erwin, Tennessee community. This contribution will directly support emergency response teams on the ground, helping to provide essential […]
BWX Technologies Reports First Quarter 2024 Results
Lynchburg, VA – May 6, 2024 – BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported first quarter 2024 results. A reconciliation of non-GAAP results are detailed in Exhibit 1. “We started 2024 with solid operating results in each of our business segments, both financially and strategically,” said Rex. D. Geveden, president and chief executive […]
BWXT Names John Lucio as Senior Director for Government Relations
(LYNCHBURG, Va. – May 1, 2024) – BWX Technologies, Inc. (NYSE: BWXT) has hired John Lucio as a senior director for government relations. Lucio was most recently senior vice president at Ervin Graves Strategy Group, and immediately preceding that, he served as a professional staff member to the Senate Appropriations Subcommittee on Defense. Lucio will focus […]
BWXT Releases 2024 Sustainability Report
(LYNCHBURG, Va. – March 14, 2024) – BWX Technologies, Inc. (NYSE: BWXT) has released its 2024 Sustainability Report, demonstrating the company’s role in good governance, environmental stewardship, the ongoing global clean-energy transition, global security, investment in the communities where we operate, and many other initiatives critical to corporate social responsibility (CSR) excellence. “At BWXT, we […]
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 […]