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News

BWXT Awarded $35 Million in Uranium Processing and Research Reactor Fuel Contracts

11 March 2021

(LYNCHBURG, Va. – March 11, 2021) – BWX Technologies, Inc. (NYSE: BWXT) announced today that its BWXT Nuclear Operations Group, Inc. (BWXT NOG) subsidiary has been awarded a total of $35 million in contracts under two separate programs – uranium recovery and conversion as well as construction of a new research reactor fuel line.


BWXT and GMS Form Joint Venture in Nuclear Medicine Manufacturing and Distribution in the Asia-Pacific Region

08 March 2021

(LYNCHBURG, Va. – March 8, 2021) – BWXT Medical Ltd. (BWXT Medical) and Global Medical Solutions, Ltd. (GMS) have entered into a joint venture (JV) to manufacture and distribute radioisotopes and radiopharmaceuticals in the Asia-Pacific (Asia).


BWXT Subsidiary Awarded $57.5 Million Contract to Prepare for Uranium Conversion and Purification Services

01 March 2021

(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.


BWXT to Present at J.P. Morgan Global High Yield & Leveraged Finance Conference

25 February 2021

LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (NYSE: BWXT) announced today that Chief Financial Officer David Black will be presenting at the virtual J.P. Morgan 2021 Global High Yield & Leveraged Finance Conference on Monday, March 1, 2021.


BWX Technologies Reports Solid Fourth Quarter 2020 Results, Marking New Annual Records for Revenue and Earnings and Achieves Long-Term Guidance

22 February 2021

Lynchburg, VA - Feb. 22, 2021 - BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported record revenue in the fourth quarter 2020 at $557 million, an 11% increase compared with $501 million in the fourth quarter 2019. GAAP net income for the fourth quarter 2020 was $65.7 million, or $0.69 per diluted share, compared with GAAP net income of $61.4 million, or $0.64 per diluted share, in the prior-year period. Non-GAAP net income for the fourth quarter 2020 was $70.9 million, or $0.74 per diluted share, compared with non-GAAP net income of $67.9 million, or $0.71 per diluted share, in the prior-year period.


BWXT Names Nuclear Medicine Business as BWXT Medical

01 February 2021

(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 Names Rob Smith President of Government Operations

11 January 2021

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.


BWXT to Lead $106.6 Million Microreactor Design Project

23 December 2020

(LYNCHBURG, Va. – Dec. 23, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that it has been selected by the U.S. Department of Energy (DOE) to lead a $106.6 million microreactor development project. The DOE is contributing $85.3 million to the cost-share project over seven years, with BWXT funding the remaining amount.


BWXT Names Former Chief of Naval Operations Adm. John M. Richardson to Board of Directors

17 December 2020

(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.


BWXT to Participate in Truist 2020 Industrials and Services Summit

07 December 2020

(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 virtual Truist 2020 Industrials and Services Summit on Tuesday, Dec. 8.

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Press Contacts:

BWX Technologies, Inc.

Jud Simmons 
+1 434.522.3800
hjsimmons@bwxt.com

BWXT Canada Ltd.  

Natalie Cutler 
+1 519.620.5288 
nacutler@bwxt.com 

BWXT Nuclear Energy Canada Inc.

Natalie Cutler
+1 519.620.5288  
nacutler@bwxt.com 

Nuclear Fuel Services, Inc.

Laura Bailey 
+1 423.743.9141
lebailey@nuclearfuelservices.com