News

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.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that Jan A. Bertsch and Brian K. Ferraioli have been appointed to its Board of Directors, increasing its total number of Directors to 11.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that Nuclear Production Partners, LLC (NP2) filed a new protest with the Government Accountability Office (GAO) related to the combined management and operating contract at the Y-12 National Security Complex and Pantex Plant. NP2 has expressed concern over the fairness of the procurement and selection process and the form and scope of the revised Request for Proposals (RFP) issued

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that Mark Carano is named Senior Vice President and Chief Corporate Development Officer, effective immediately.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG) has received two U.S. Naval Reactors Program contracts totaling approximately $36 million.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) highlighted the importance of a strong safety culture at its recent Global Leadership Conference. Key B&W corporate and business unit leaders from locations in the U.S. and Canada gathered in Charlotte, N.C., to learn more about the organization's focus on safety culture.

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary, Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG), has received a contract from the U.S. Naval Reactors Program worth approximately $366 million.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that Ms. Mary Pat Salomone, Senior Vice President & Chief Operating Officer, will retire effective June 30, 2013, following 31 years of service with the Company. Ms. Salomone will continue serving as Chief Executive Officer (CEO) of Nuclear Production Partners, LLC (NP2), the B&W-led joint venture competing for the U.S. Department of Energy contract to manage and operate the combined Y-12 National Security Complex and Pantex Plant.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) is pleased that the Government Accountability Office (GAO) has sustained the protest filed by Nuclear Production Partners, LLC (NP2) in regard to the procurement decision for the combined management and operating contract at the Y-12 National Security Complex (Y-12) and Pantex Plant (Pantex). NP2, comprised of B&W, URS, Northrop Grumman and Honeywell, believes its proposal was a very strong choice for moving closer to the National Nuclear Security Administration's (NNSA) vision of a consolidated Nuclear Security Enterprise and for continuing the tradition of excellence B&W has maintained at both Y-12 and Pantex over the past 12 years.

The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its subsidiary, Babcock & Wilcox mPower, Inc. (B&W mPower), and the U.S. Department of Energy (DOE) have signed a Cooperative Agreement for funding made available through DOE's Small Modular Reactor (SMR) Licensing Technical Support Program for the development and licensing of B&W's mPower™ technology.