News

The Babcock & Wilcox Company (B&W) (NYSE: BWC) has learned of the Government Accountability Office (GAO) decision to dismiss as premature most of the protest filed by Nuclear Production Partners, LLC (NP2). This protest was filed in regard to the corrective action taken by the National Nuclear Security Administration (NNSA) after GAO sustained NP2's initial protest of the combined management and operating contract award for the Y-12 National Security Complex (Y-12) and Pantex Plant (Pantex).

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today the completion of a new boiler auxiliary equipment manufacturing facility for Diamond Power International, Inc. (DPII), a subsidiary of Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), in Jingshan, Hubei Province, China.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that the U.S. Department of Energy (DOE) has allocated an additional $20.5 million in funding to its Cooperative Agreement with Babcock & Wilcox mPower, Inc. (B&W mPower) under the Small Modular Reactor Licensing Technical Support Program.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) is pleased that its subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has been recognized as a key member of the project team for the John W. Turk, Jr. Power Plant owned by American Electric Power's (AEP) Southwestern Electric Power Co. (SWEPCO), which recently was named the recipient of POWER Magazine's 2013 Plant of the Year Award. The Turk plant began commercial operation in December 2012 and is one of the most efficient, low-emission coal-fired power plants in North America.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) recently welcomed U.S. Rep. Michael Fitzpatrick, who represents the 8th Congressional District of Pennsylvania, on a tour and town hall style meeting with employees of the Hatfield, Pa. office of its Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) subsidiary.

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 a contract to design and supply FM water tube package boilers to engineering and construction firm Black & Veatch for a project at a manufacturing facility in Virginia.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that a joint venture between a unit of its subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) and architectural, engineering and construction firm Burns & McDonnell Engineering Company, Inc. has been awarded a $110 million contract to replace auxiliary equipment at Interstate Power and Light Company's (IPL) Ottumwa Generating Station power plant in Ottumwa, Iowa.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its Denmark-based subsidiary, Babcock & Wilcox Vølund A/S (B&W Vølund), was awarded a contract worth approximately $40 million to engineer and supply steam generating equipment, ash handling systems and combustion control systems for I/S Nordforbrænding's municipal solid waste-to-energy power plant located north of Copenhagen, Denmark.

Three National Nuclear Security Administration (NNSA) sites where The Babcock & Wilcox Company (B&W) (NYSE: BWC) operates have been selected as recipients of R&D Magazine's 2013 R&D 100 Awards. The R&D 100 Awards recognize and celebrate the top 100 technology products of the year and span industry, academia, and government-sponsored research.

The Babcock & Wilcox Company's (B&W) (NYSE: BWC) President and Chief Executive Officer, E. James Ferland, discussed B&W's energy innovation and international growth objectives in an address today to embassy representatives from approximately a dozen nations, as well as representatives from the U.S. Departments of Energy and Commerce and the National Security Council, at the U.S. Nuclear Infrastructure Council's (NIC) Diplomatic Series on Nuclear Energy.