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News

BWXT to Present at CreditSuisse’s 8th Annual Virtual Industrials Conference

02 December 2020

(LYNCHBURG, Va. – Dec. 2, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that President and Chief Executive Officer Rex Geveden will be presenting at CreditSuisse’s 8th Annual Virtual Industrials Conference on Friday, Dec. 4, 2020. Investor Relations Director Mark Kratz will also be attending.


Breakthroughs in Additive Manufacturing Could Hasten Advanced Reactor Development

23 November 2020

(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 BWX Technologies, Inc. (BWXT) have developed new additive manufacturing technologies for the design and manufacture of reactor components made from high-temperature alloys and refractory metals.


BWXT to Present at Baird’s 2020 Global Industrial Conference

10 November 2020

(LYNCHBURG, Va. – Nov. 10, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that President and Chief Executive Officer Rex Geveden will be presenting at Baird’s 2020 Global Industrial Conference on Thursday, Nov. 12, 2020. Chief Financial Officer David Black and Investor Relations Director Mark Kratz will also be attending the virtual conference.


BWXT Accomplishes Restart of TRISO Nuclear Fuel Manufacturing

10 November 2020

(LYNCHBURG, Va. – November 10, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that its BWXT Nuclear Operations Group, Inc. subsidiary has completed its TRISO nuclear fuel line restart project and is actively producing fuel at its Lynchburg, Va. facility.


BWX Technologies Reports Solid Third Quarter 2020 Results; Increases 2020 Full-Year Earnings Guidance Once Again

02 November 2020

LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported third quarter 2020 revenue of $520 million, a 3% increase compared with $506 million in the third quarter of 2019. GAAP net income for the third quarter 2020 was $73.2 million, or $0.76 per diluted share, compared with GAAP net income of $74.8 million, or $0.78 per diluted share, in the prior-year period. Non-GAAP net income for the third quarter 2020 was $75.6 million, or $0.79 per diluted share, compared with non-GAAP net income of $75.3 million, or $0.79 per diluted share, in the prior-year period.


BWXT Again Named Among Best Companies for Environmental, Social and Governance Practices

28 October 2020

(LYNCHBURG, Va. – October 28, 2020) – For the second year in a row, BWX Technologies, Inc. (NYSE: BWXT) has been named to Investor’s Business Daily’s Best Environmental, Social and Governance Companies list. The publication recognizes companies with superior environmental, social and governance (ESG) ratings in addition to strong fundamental and technical stock performance.


OPG and BWXT Make Significant Progress in Production of Life-Saving Medical Isotope at Darlington Nuclear Generating Station

24 September 2020

Darlington to become first large-scale nuclear station to produce molybdenum-99.



BWX Technologies Reports Strong Second Quarter 2020 Results and Increases 2020 Full-Year Earnings Guidance

06 August 2020

BWX Technologies, Inc. (NYSE: BWXT) reported second quarter 2020 revenue of $505 million, a 7% increase compared with $471 million in the second quarter of 2019. GAAP net income for the second quarter 2020 was $64.3 million, or $0.67 per diluted share, compared with GAAP net income of $58.9 million, or $0.62 per diluted share, in the prior-year period. Non-GAAP net income for the second quarter 2020 was $67.7 million, or $0.71 per diluted share, compared with non-GAAP net income of $59.1 million, or $0.62 per diluted share, in the prior-year period. A reconciliation of non-GAAP results is detailed in Exhibit 1.


BWXT Appoints Martyn Coombs to lead Nuclear Medicine Business as President, BWXT ITG Canada

06 July 2020

(LYNCHBURG, Va. – July 6, 2020) – BWX Technologies, Inc. (NYSE: BWXT) today announced that Martyn Coombs has been appointed president, BWXT ITG Canada, Inc. (BWXT ITG Canada), effective July 20, 2020. In this role, Coombs will have P&L responsibility for BWXT’s medical isotope business, based in Canada, with facilities in Kanata, Ontario and Vancouver, British Columbia. In addition to leading the existing business, Coombs will also be responsible for guiding the successful launch of BWXT’s technetium-99m generator product line currently in development, and growing the overall business. Coombs will be replacing Tom Burnett, who is retiring.

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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