BWXT Awarded $1 Billion Contract for Naval Nuclear Reactor Components
(LYNCHBURG, Va. – Feb. 17, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that the U.S. Naval Nuclear Propulsion Program has awarded subsidiary BWXT Nuclear Operations Group, Inc. (BWXT NOG) new contracts with options totaling approximately $1 billion for the manufacture of naval nuclear reactor components.
Department of Energy Selects BWXT to Support Nonproliferation Fuel Program
BWX Technologies, Inc. (NYSE: BWXT) announced today that the U.S. Department of Energy’s National Nuclear Security Administration (NNSA) has awarded an initial $3.6 million contract to the BWXT Nuclear Operations Group, Inc. subsidiary as the manufacturer of a uranium-molybdenum alloy High Assay Low Enriched Uranium (U-Mo HALEU) fuel that will facilitate the conversion of high-performance U.S. research reactors from the current use of high-enriched uranium.
BWXT Names Nate Foote General Manager of Mount Vernon, Indiana, Operations
BWX Technologies, Inc. (NYSE:BWXT) announced today that Nate Foote has been named general manager of the BWXT Nuclear Operations Group, Inc. (BWXT NOG) manufacturing facility in Mount Vernon, Indiana.
Rick Loving Named Senior Vice President and Chief Administrative Officer for BWXT
(LYNCHBURG, Va. – January 9, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that Richard W. (Rick) Loving has been named senior vice president and chief administrative officer (CAO).
BWXT Advancing TRISO Line Restart With Solution Production
BWXT Named Among Top 50 Best Companies for Environmental, Social and Governance Practices
(LYNCHBURG, Va. – December 5, 2019) – BWX Technologies, Inc. (BWXT) has been named to Investor’s Business Daily’s 50 Best Environmental, Social and Governance Companies list.
BWXT Names Dave Broussard General Manager of Barberton, Ohio Operations
(BARBERTON, Ohio – Dec. 2, 2019) – BWX Technologies, Inc. (NYSE:BWXT) announced today that Dave Broussard has been named general manager of the BWXT Nuclear Operations Group, Inc. (BWXT NOG) manufacturing facility in Barberton, Ohio.
BWX Technologies Reports Record Third Quarter 2019 Results; Increases Full-Year 2019 Non-GAAP EPS Guidance
LYNCHBURG, Va.-(BUSINESS WIRE)-BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported third quarter 2019 revenue of $506 million, a new quarterly record for the Company and an 18.9% increase compared with $426 million in the third quarter of 2018. GAAP net income for the third quarter 2019 was $74.8 million, or $0.78 per diluted share, compared with GAAP net income of $77.9 million, or $0.78 per diluted share, in the prior-year period. Non-GAAP net income for the third quarter 2019 was $75.3 million, or $0.79 per diluted share, compared with non-GAAP net income of $40.1 million, or $0.40 per diluted share, in the prior-year period. A reconciliation of non-GAAP results is detailed in Exhibit 1.