News

BWX Technologies, Inc. (NYSE: BWXT) (“BWXT” or the “Company”) today reported first quarter 2016 revenues of $364.8 million compared to $335.5 million in the first quarter of 2015, representing about 9% revenue growth.

BWX Technologies, Inc. (NYSE:BWXT) announced today that the U.S. Naval Nuclear Propulsion Program has awarded two of its subsidiaries contracts with options totaling approximately $3.1 billion for the manufacture of naval nuclear reactor components and fuel.

BWX Technologies, Inc. (NYSE:BWXT) announced today that its Nuclear Fuel Services, Inc. (NFS) subsidiary was awarded a contract valued at $241.5 million for the downblending of 10.4 metric tons of surplus highly enriched uranium (HEU).

The BWX Technologies, Inc. (NYSE:BWXT) executive team will ring the closing bell following tomorrow’s trading session on the New York Stock Exchange. In July, BWXT completed a spin-off of its power generation business and began trading on the exchange under a new ticker symbol: BWXT.

Bruce Power and BWXT Canada Ltd. (BWXT Canada) will sign a memorandum of understanding (MOU) today to commence the process for steam generator design and manufacturing out of BWXT Canada’s facility in Cambridge, Ontario. The signing of the MOU follows yesterday’s announcement that Bruce Power will advance a long-term, incremental life extension program.

- GAAP EPS of $0.98 ($0.38 in Prior Year Period), Adjusted EPS of $0.40 ($0.30 in Prior Year Period) - Growth in Revenue and Operating Income Across All Segments Compared to Prior Year Period - 2015 Adjusted EPS At Higher End of Previous Guidance Range of $1.30 to $1.40 - 2016 Adjusted EPS Guidance of $1.45 to $1.55 - Share Repurchase Activity Accelerating

BWX Technologies, Inc. (NYSE:BWXT) announced today that Gary Darter has been named General Manager at BWXT Nuclear Operations Group's Mt. Vernon facility, effective in November.