B&W Subsidiary Nuclear Fuel Services, Inc. Awarded $169 Million Contract Options for Naval Reactors Fuel and Materials
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Nuclear Fuel Services, Inc. (NFS) has been awarded contract options for work totaling approximately $169 million from the U.S. Department of Energy, Naval Reactors Laboratory Field Office. This work has been awarded under the $302 million contract B&W previously announced in 2014.
B&W Vølund Awarded Contracts For More Than $220 Million To Design, Manufacture and Operate U.K. Biomass Power Plant
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S, has been awarded contracts totaling more than $220 million to design, manufacture and operate a biomass power plant in Rotherham, South Yorkshire, England.
Fourth Quarter 2014 Results
- Record Fourth Quarter Revenue and Operating Income for Nuclear Operations Segment Adjusted EPS Increases 23%, GAAP EPS Lower Primarily Due to a Mark to Market Actuarial Loss Strong Bookings Continue to Fuel Growth for Power Generation Segment Anticipated Spin-off of Power Generation Business Remains on Schedule
B&W Announces $535 Million in Contracts for Naval Nuclear Reactor Programs
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG) has been awarded contracts totaling approximately $535.1 million for the manufacture of naval nuclear reactor components for U.S. Navy submarines and aircraft carriers.
B&W Vølund Awarded Contracts For More Than $200 Million For Biomass Power Plant in Wales
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S, has been awarded contracts by Margam Green Energy Ltd. for more than $200 million to engineer, procure and operate a state-of-the-art biomass power plant in Margam, Wales. B&W Vølund’s consortium partner, Interserve Construction Ltd., will build the plant.
B&W To Supply Supercritical Boiler For Vietnam Power Plant
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has been chosen to design and manufacture a supercritical coal-fired boiler and selective catalytic reduction system (SCR) for the Duyen Hai 3 Extension power plant in Vietnam.
B&W Vølund Consortium Awarded Contract To Build Waste-To-Energy Power Plant in Scotland
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that a consortium that includes its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S (B&W Vølund), has been awarded a $230 million contract to engineer, procure and construct a waste-to-energy (WTE) power plant near Dunbar, Scotland.
B&W Awarded Contract to Manufacture Missile Tubes for Ohio Replacement Nuclear Submarines
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG) has been awarded a competitively bid contract to manufacture a number of missile tube assemblies from an initial order for the Ohio Replacement nuclear submarine program.
Bruce Power Enters into Long Term Supply Agreement with B&W Canada
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Canada Ltd. (B&W Canada) has been awarded a long-term master services agreement that establishes a framework to provide its customer, Bruce Power, with nuclear services and components for its commercial nuclear operations in Tiverton, Ontario.
B&W Announces Intention to Spin-off Its Power Generation Business
Consistent with The Babcock & Wilcox Company’s (NYSE: BWC) (“B&W” or the “Company”) strategy and focus on enhancing value for its shareholders, B&W’s Board of Directors has unanimously approved a plan for the tax-free spin-off of the Company’s Power Generation business to B&W’s shareholders.