B&W Subsidiary Awarded Contract for Naval Reactors Components Worth Up to $1.3 Billion
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary, B&W Nuclear Operations Group, Inc. (B&W NOG), has received a contract from the U.S. Naval Reactors Program worth up to $1.3 billion in funding over the next three years if fully executed.
B&W and TerraPower Announce MOU for Collaboration on Innovative Generation IV Nuclear Technology
The Babcock & Wilcox Company (B&W) (NYSE:BWC) and TerraPower® have signed a Memorandum of Understanding (MOU) to support the development of TerraPower’s Generation IV traveling wave reactor (TWR), a safe, economic and sustainable nuclear energy system that utilizes advanced materials for more durable metallic fuels and supercomputing for advanced comprehensive modeling.
B&W Announces Quarterly Dividend
The Board of Directors of The Babcock & Wilcox Company (B&W) (NYSE:BWC) has declared a quarterly dividend of $0.10 per share on the outstanding common shares of the company, payable on March 17, 2014 to shareholders of record at the close of business on February 28, 2014.
B&W and Chem-Mod Sign Environmental Technology License Agreement
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) subsidiary and Chem-Mod LLC (Chem-Mod) have signed a ten-year U.S. license agreement allowing Chem-Mod to use B&W PGG’s Mitagent™ combustion additive.
B&W Announces Environmental Equipment Contracts For AEP Plants
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has been awarded contracts totaling more than $40 million for environmental control equipment at two American Electric Power (AEP) coal-fired power plants in Oklahoma and Texas.
B&W, Employees Make Holiday Donations Benefitting Hundreds of Central Va. Families
B&W and its employees are getting into the spirit of the holiday season by giving to others in the community, donating more than two tons of turkey breasts and spiral-sliced hams to area food banks, plus truckloads of toys, clothes and other gifts to area children, women and young adults.
B&W Named Supplier of the Year By Arizona Public Service Company
The Babcock & Wilcox Company (B&W) (NYSE:BWC) is pleased to announce that it has been named the Supplier of the Year for 2013 by Arizona Public Service Company (APS) in the Major Equipment category.
B&W Announces Innovation Partners in Pursuit of Atomic Energy of Canada Ltd.’s Nuclear Laboratories
The Babcock & Wilcox Company (B&W) (NYSE:BWC) is pleased to announce a teaming arrangement with Cavendish Nuclear Ltd. (Cavendish Nuclear) and Battelle in pursuit of the Government Owned Contractor Operated (GOCO) contract for managing Atomic Energy of Canada Ltd.’s (AECL) Nuclear Laboratories.
B&W Proud to Sponsor U.S. Capitol Christmas Tree
As the U.S. Capitol Christmas Tree makes its way through Virginia on its annual trip to Washington, DC, tomorrow, it will be carrying with it the logo of The Babcock & Wilcox Company (B&W). B&W, with approximately 2,500 employees in the Lynchburg area, is one of the sponsors for the tree, which began its journey in the State of Washington earlier this month.
B&W-Led Team Proceeds with New Protest on Management & Operating Contract
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced that Nuclear Production Partners, LLC (NP2) today filed a new protest with the Government Accountability Office (GAO) related to the $22 billion combined management and operating contract for the Y-12 National Security Complex (Y-12) and Pantex Plant.