BWX Technologies Announces First Quarter 2017 Results
BWX Technologies, Inc. (NYSE: BWXT) ("BWXT" or the "Company") today reported first quarter 2017 revenues of $428.2 million, 17% growth compared to $364.8 million in the first quarter of 2016. Earnings per share (EPS) for the first quarter of 2017 were $0.55 compared to GAAP EPS of $0.47 and adjusted (non-GAAP) EPS of $0.45 in the first quarter of 2016.
BWXT Subsidiary Awarded $141.7 Million in Contract Options from Naval Nuclear Propulsion Program
BWX Technologies, Inc. (NYSE:BWXT) announced today that the U.S. Naval Nuclear Propulsion Program exercised contract options in Q1 2017 with BWXT’s subsidiary Nuclear Fuel Services, Inc. (NFS) totaling approximately $141.7 million for fuel manufacture, development activities, and decommissioning work in support of the nation’s nuclear submarines and aircraft carriers.
BWXT Awarded $76 Million Contract to Manufacture Common Missile Compartment Tube Assemblies for Submarines
BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Operations Group, Inc. has been awarded a contract to manufacture additional Common Missile Compartment (CMC) tube assemblies for Columbia Class nuclear submarines.
BWXT Awarded CA$55 Million Contract for Feeder Supply in Support of OPG’s Darlington Refurbishment
(CAMBRIDGE, ON – April 13, 2017) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has been awarded a feeder manufacturing contract from the SNC-Lavalin / Aecon joint venture (JV) valued at approximately CA$55 million. The feeders will be supplied to Ontario Power Generation (OPG) Darlington’s Units 1, 3 and 4 reactors as part its refurbishment project.
BWX Technologies Inc. Announces Q4 and FY 2016 Results
BWX Technologies, Inc. (NYSE: BWXT) ("BWXT" or the "Company") today reported fourth quarter 2016 revenues of $403.9 million, 11% growth compared to $363.9 million in the fourth quarter of 2015.
BWXT Receives $30 Million (Canadian) Expanded Scope for Feeder Inspection Services at Bruce Power
(CAMBRIDGE, ON – February 22, 2017) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has been awarded a four-year amendment to its existing Master Services Agreement (MSA), which went into effect on January 1, 2015, for feeder inspection services at Bruce Power, located near Kincardine, Ontario, Canada.
BWXT Announces $795 Million in Contract Options and Awards for Naval Nuclear Reactor Components
BWX Technologies, Inc. (NYSE:BWXT) announced today that the U.S. Naval Nuclear Propulsion Program has exercised contract options with BWXT’s subsidiary, BWXT Nuclear Operations Group, Inc., totaling approximately $784 million for the manufacture of naval nuclear reactor components. New contracts valued at approximately $11 million were also awarded.
BWXT to Deliver Inspection Delivery System to Bruce Power to Support Low Cost Power
BWXT Nuclear Energy Canada Inc. (BWXT NEC) will ship the Bruce Reactor Inspection Maintenance System – the second of its kind – to Bruce Power on February 24, 2017. Known as BRIMS II, this highly engineered reactor inspection delivery tool system will meet its scheduled delivery date.
BWXT to Present at CJS Securities Investor Conference
(LYNCHBURG, Virginia – January 5, 2017) – BWX Technologies, Inc. (NYSE:BWXT) President and Chief Executive Officer Rex D. Geveden will be presenting at the seventeenth annual CJS Securities “New Ideas for a New Year” Investor Conference in New York City on January 11, 2017. BWXT is a leading supplier of nuclear components, fuel and services to government and commercial customers and is the sole manufacturer of U.S. naval nuclear reactors for submarines and aircraft carriers.
BWXT Awarded $35 Million Contract to Develop and Fabricate Payload Module Launch Tubes for Virginia-Class Submarines
(LYNCHBURG, Virginia – December 27, 2016) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Operations Group, Inc. has received two competitively bid awards (development and fabrication) under a single contract for Virginia Payload Module (VPM) launch tubes. The contract was awarded by General Dynamics Electric Boat to support the Virginia-class submarine program and is worth approximately $35 million.
