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, […]
BWXT Announces $2.2 Billion in Contracts for Naval Nuclear Reactor Components and Fuel
(LYNCHBURG, Va. – April 20, 2021) – BWX Technologies, Inc. (NYSE: BWXT) announced today the award of U.S. Naval Nuclear Propulsion Program contracts totaling approximately $2.2 billion, including future-year options, for the manufacture of naval nuclear reactor components and fuel. “Today’s announcement marks a continuation of a more-than 65-year-old trusted relationship with the U.S. government […]
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 Names Rob Smith President of Government Operations
LYNCHBURG, Va.–(BUSINESS WIRE)– BWX Technologies, Inc. (NYSE: BWXT) announced today Dr. Robert (Rob) F. Smith has been named to the newly created position of president of government operations, reporting to Rex Geveden, BWXT’s president and chief executive officer. In this position, Smith will be responsible for all of BWXT’s U.S.-based nuclear business lines that report […]
BWXT Names Former Chief of Naval Operations Adm. John M. Richardson to Board of Directors
(LYNCHBURG, Va. – Dec. 17, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that retired Adm. John M. Richardson has been appointed to its board of directors. Adm. Richardson served as the Chief of Naval Operations for the U.S. Navy from 2015 to 2019 and as Director of the Naval Nuclear Propulsion Program from […]
BWXT to Participate in Melius Research Virtual Industrial Tech & Aerospace Forum
(LYNCHBURG, Va. – Dec. 7, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that Chief Financial Officer David Black and Investor Relations Director Mark Kratz will be participating in the Melius Research Virtual Industrial Tech & Aerospace Forum on Wednesday, Dec. 9. BWXT is a leading supplier of nuclear components, fuel and services to […]
Breakthroughs in Additive Manufacturing Could Hasten Advanced Reactor Development
BWXT Demonstrates Ability to Additively Manufacture High-Temperature Alloys and Refractory Metals (LYNCHBURG, Va. – Nov. 23, 2020) – The development of advanced nuclear reactors is continuing at a rapid pace, but issues still remain working with some specialty materials that are important to these reactors. Teamed with the Oak Ridge National Laboratory, engineers and designers at […]
