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BWXT Divests U.S. Nuclear Services Portfolio

02 June 2020

(LYNCHBURG, Va. – June 2, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today it has completed the process to divest its United States-based commercial nuclear services business to Framatome. In a cashless transaction, BWXT will receive a 118,000-square-foot manufacturing facility and the associated 11 acres of land from Framatome.

BWXT-Led Team Receives $13 Billion Award For DOE’s Hanford Tank Closure Contract

18 May 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.

BWX Technologies Reports Record First Quarter 2020 Results

05 May 2020

Lynchburg, VA - May 4, 2020 - BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported first quarter 2020 revenue of $542 million, a 30% increase compared with $416 million in the first quarter of 2019. GAAP net income for the first quarter 2020 was $75.5 million, or $0.79 per diluted share, compared with GAAP net income of $49.0 million, or $0.51 per diluted share, in the prior-year period. Non-GAAP net income for the first quarter 2020 was $75.6 million, or $0.79 per diluted share. A reconciliation of non-GAAP results is detailed in Exhibit 1.

BWXT Environmental Management Joint Venture Earns $243 Million Contract Extension

29 April 2020

(LYNCHBURG, Va. – April 29, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that the U.S Department of Energy (DOE) has extended CH2M Hill BWXT West Valley, LLC’s (CHBWV) cleanup contract at the West Valley Demonstration Project in New York State by an additional 39 months to June 2023. The purpose of the $243 million extension is to enable CHBWV to safely and efficiently complete deactivation, demolition and removal of the Main Plant Process Building, which was the only commercially operated nuclear fuel reprocessing plant in the United States, as well as other facility disposition activities.

BWXT Continuing TRISO Line Restart Activities With Kernel Formation and Sintering Operations

21 April 2020

(LYNCHBURG, Va. – April 21, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that its TRISO nuclear fuel manufacturing restart activities are continuing to progress ahead of schedule.

BWXT Names Robb A. LeMasters to New Position of Chief Strategy Officer

20 April 2020

(LYNCHBURG, Va. – April 20, 2020) – BWX Technologies, Inc. (NYSE: BWXT) today announced that Robb A. LeMasters has been appointed senior vice president and chief strategy officer, effective July 13, 2020.

BWXT to Hold Annual Meeting Via Live Webcast

14 April 2020

(LYNCHBURG, Va. – April 14, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that in the interest of protecting the health of its stockholders and employees during the COVID-19 pandemic, the Annual Meeting of Stockholders will be held in a virtual meeting format only. The meeting is scheduled at 9:30 a.m. Eastern Time on Friday, May 1, 2020.

Statement from President and CEO Rex Geveden on BWXT’s Ongoing Operations

08 April 2020

(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.

BWXT Subsidiary Awarded $128 Million in Contract Options from Naval Nuclear Propulsion Program

31 March 2020

(LYNCHBURG, Va. – March 31, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that the U.S. Naval Nuclear Propulsion Program exercised contract options in Q1 2020 with BWXT’s subsidiary Nuclear Fuel Services, Inc. (NFS) totaling approximately $128 million for fuel manufacturing work in support of the nation’s nuclear submarines and aircraft carriers.

BWXT Announces Amendment to Credit Agreement

25 March 2020

(LYNCHBURG, Va. – March 25, 2020) – BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”) announced today that it has entered into an amendment to its May 24, 2018 credit agreement with Wells Fargo Bank, N.A. and other lenders that increases its borrowing capacity while delivering lower rates for the company.



Press Contacts:

BWX Technologies, Inc.

Jud Simmons 
+1 434.522.3800

BWXT Canada Ltd.  

Monifa Miller
+1 519.242.8071

BWXT Nuclear Energy Canada Inc.

Monifa Miller
+1 519.242.8071

Nuclear Fuel Services, Inc.

Laura Bailey 
+1 423.743.9141