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Generation mPower and TVA Sign Letter of Intent for B&W mPower Reactor Project

16 June 2011

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that Generation mPower LLC (GmP), a majority-owned subsidiary of Babcock & Wilcox Nuclear Energy, Inc., has signed a letter of intent with the Tennessee Valley Authority (TVA) that defines the project plans and associated conditions for designing, licensing and constructing up to six B&W mPower small modular reactors (SMRs) at TVA's Clinch River site in Roane County, Tenn. The project is expected to include joint development and pursuit of a construction permit from the Nuclear Regulatory Commission (NRC). The project would also include engineering, procurement and construction (EPC) activities leading to receipt of an operating license from the NRC, assuming certain preconditions are met.


B&W Announces $417 Million Waste Management Contract at Department of Energy Facility

01 June 2011

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Technical Services Group, Inc. (B&W TSG) has been notified of a contract award estimated at approximately $417 million to Idaho Treatment Group LLC (ITG) to manage and operate the U.S. Department of Energy's Advanced Mixed Waste Treatment Project (AMWTP) at the Department's Idaho Site. ITG has been formed by majority partner B&W TSG, URS Corporation, and EnergySolutions Federal Services, Inc. ITG's four pre-selected small business subcontractors include Safety and Risk Analysis Consulting, Inc.; Strategic Management Solutions, LLC; Visionary Solutions, LLC; and Cabrera Services, Inc.


B&W and Thermax Break Ground on Boiler Manufacturing Plant in India

26 May 2011

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that the joint venture between its subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) and India-based Thermax Ltd. (Thermax), has broken ground on a 699,000-square-foot, $160 million boiler manufacturing plant near Pune, India.


B&W Expands Commercial Nuclear Capabilities with N-Stamp Certification at Ohio Manufacturing Facility

12 May 2011

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG) manufacturing facility in Euclid, Ohio, has received N-Stamp accreditation from the American Society of Mechanical Engineers. The certification is considered the industry standard for quality assurance of materials, design, construction, operation, inspection and continuing maintenance of nuclear facilities. B&W's Mt. Vernon, Ind.; Barberton, Ohio; Lancaster, Ohio; and Cambridge, Ontario, Canada; facilities also hold N-Stamp certifications.


B&W Signs Memorandum of Understanding to Collaborate With Toshiba on Power Generation Opportunities

09 May 2011

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has signed a memorandum of understanding with Toshiba Corporation (Toshiba) to cooperatively explore strategic, manufacturing, research and other opportunities in advanced supercritical power generation and solar energy technologies around the world.


B&W and USEC Inc. Complete Formation of American Centrifuge Manufacturing, LLC

03 May 2011

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Technical Services Group, Inc. (B&W TSG) and USEC Inc. (USEC) have completed the formation of American Centrifuge Manufacturing, LLC (ACM) to provide integrated manufacturing, assembly and delivery of centrifuge machines for USEC's American Centrifuge Plant in Piketon, Ohio.


B&W Wins Waste-to-Energy Plant Contracts in West Palm Beach, Fla. Totaling $900 Million

18 April 2011

The Babcock & Wilcox Company (B&W) (NYSE: BWC) and its consortium partner, BE&K Construction Company, LLC (BE&K), have been awarded a contract worth more than $668 million to engineer, design, procure and construct a new, state-of-the-art waste-to-energy power plant for the Solid Waste Authority (SWA) of Palm Beach County in West Palm Beach, Fla.


B&W Receives $5 Million Grant for Small Modular Reactor Testing Facility

11 April 2011

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that it has received a $5 million grant from the Virginia Tobacco Indemnification and Community Revitalization Commission (TICRC) for its Integrated System Test (IST) facility in Bedford County, Va. The facility is located at the Center for Advanced Engineering and Research (CAER), currently being constructed at the New London Business & Technology Center.


B&W Awarded Renewable Energy Contract in Sweden

31 March 2011

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S (B&W Vølund), has been awarded a contract worth more than $30 million to design and supply a boiler, combustion system, emissions control components and other equipment for the expansion of a waste-to-energy, combined heat and power plant in Lidköping, Sweden.


BW Discusses Technical Support with Toshiba for Fukushima Daiichi Nuclear Plants

22 March 2011

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that it is in discussions with Toshiba Group (Toshiba) to provide nuclear technical assistance and services to secure and maintain the safety of the nuclear power plants at Fukushima Daiichi in Japan. The scope of work has not yet been defined.

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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