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News

B&W Announces Retirement of Power Generation Group President; Names J. Randall Data Successor

29 February 2012

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that Richard L. Killion, 64, President and Chief Operating Officer of Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) will retire effective July 1, 2012. In addition, J. Randall (Randy) Data, 46, is named President and Chief Operating Officer of B&W PGG, effective April 1, 2012. To help ensure a smooth transition, Mr. Killion will serve in an advisory role to B&W PGG beginning April 1 until his retirement.


B&W Named Environmental Technology Supplier for Luminant Power Plant Fleet

22 February 2012

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has been selected as a preferred environmental control technology provider for several of Luminant's coal-fired power plants.


B&W Named to MIT "Technology Review's" 2012 TR50 List of the World's Most Innovative Companies

22 February 2012

The Babcock & Wilcox Company (B&W) (NYSE:BWC) has been included in the 2012 TR50, Technology Review's annual list of the world's most innovative technology companies, for its innovative small modular reactor technology and design. Technology Review is an independent media company owned by the Massachusetts Institute of Technology (MIT). According to the MIT-owned company, members of the TR50 list are nominated by Technology Review publication editors, who look for companies that over the last year have demonstrated original and valuable technology, are bringing that technology to market at a significant scale and are clearly influencing their competitors. Spanning energy, computing, the Web, biomedicine, and materials, the companies on the list, according to Technology Review, represent commercial innovations most likely to change lives around the world.


B&W Announces $600 Million Order Under Naval Nuclear Reactor Components Contract

09 February 2012

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary, Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG), received its second release under the $2 billion contract awarded in 2010. The $600 million order was funded in the fourth quarter of 2011 and is for the manufacture of nuclear components to support U.S. defense programs including the manufacture of naval nuclear power systems for submarines and aircraft carriers. Combined with the annual award for naval nuclear fuel announced during the fourth quarter, B&W NOG reported total fourth-quarter bookings of $777.6 million, and ended 2011 with total backlog of approximately $3.0 billion.


B&W Announces Contract to Supply Environmental Control Technology for Colorado Power Plant

03 February 2012

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has been awarded a contract to design and supply two spray dry absorber (SDA) units and associated equipment for Xcel Energy's coal-fired Pawnee Generating Station in Brush, Colo.


B&W to Apply for U.S. Department of Energy Small Modular Reactor Funding Opportunity

01 February 2012

The Babcock & Wilcox Company (B&W) (NYSE:BWC) confirmed today that it plans to apply for a Public-Private Partnership through the U.S. Department of Energy (DOE) for the development of small modular reactor (SMR) technology. A draft Funding Opportunity Announcement (FOA) issued by the DOE outlines a plan to provide investments to private industry to support the design, licensing and manufacturing of SMRs.

Press Contacts:

BWX Technologies, Inc.

Jud Simmons 
+1 434.522.3800
hjsimmons@bwxt.com

BWXT Canada Ltd.
BWXT Nuclear Energy Canada Inc.
BWXT Medical Ltd.

Monifa Miller
+1 519.242.8071
mamiller@bwxt.com 

Nuclear Fuel Services, Inc.

Laura Bailey 
+1 423.743.9141
lebailey@nuclearfuelservices.com 

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