BWXT Joint Venture Awarded Strategic Petroleum Reserve Contract
(LYNCHBURG, Va. – April 9, 2025) – BWX Technologies, Inc. (NYSE: BWXT) announced today a U.S. Department of Energy award to manage and operate the Strategic Petroleum Reserve.
BWXT Announces $2.1 Billion in Contracts for Naval Nuclear Reactor Components
(LYNCHBURG, Va. – Feb. 19, 2025) – BWX Technologies, Inc. (NYSE: BWXT) today announced the award of U.S. Naval Nuclear Propulsion Program contracts totaling approximately $2.1 billion for the manufacture of reactor components. Naval nuclear reactor component manufacturing and material procurement activities for Columbia and Virginia class submarines, as well as Ford class aircraft carriers, […]
BWXT Awarded Historic Manufacturing Contracts to Support Pickering Life Extension and Darlington New Build Projects
(CAMBRIDGE, Ontario – Jan. 27, 2025) – BWX Technologies, Inc. (NYSE: BWXT) announced today contracts with a total value of more than C$1 billion for two major nuclear energy projects that will enable Ontario Power Generation’s (OPG) life extension of the Pickering Nuclear Generating Station, and the deployment of a new small modular reactor (SMR) […]
BWXT Enters Agreement to Acquire Kinectrics, a Leading Service Provider to the Global Nuclear Market
(LYNCHBURG, Va. – Jan. 7, 2025) – BWX Technologies, Inc. (NYSE: BWXT) today announced that it has entered into an agreement to acquire Kinectrics, Inc., for approximately US$525 million, including assumption of Kinectrics’ net pension and debt liabilities, and estimated transaction expenses. Kinectrics is a leader in providing lifecycle management services for the global nuclear […]
BWXT Completes Acquisition of L3Harris’ A.O.T. Business
(JONESBOROUGH, Tn. – Jan. 6, 2025) – BWX Technologies, Inc. (NYSE: BWXT) announced today that it has successfully completed its acquisition of L3Harris’ Aerojet Ordnance Tennessee, Inc. (A.O.T.) business as of January 3, 2025. “The addition of A.O.T. to BWXT’s Nuclear Operations Group underscores our commitment to enhancing and growing our special materials portfolio to […]
BWXT Canada and Westinghouse Sign MOU for AP1000® and AP300™ Projects
Agreement Expands Capability to Supply Carbon-Free Energy to the World (CAMBRIDGE, ON. – December 12, 2024) – BWXT Canada, Ltd. (“BWXT”), a subsidiary of BWX Technologies, Inc., and Westinghouse Electric Company announced today that they have signed a memorandum of understanding (MOU) to support nuclear new-build projects in Canada and globally. Under the agreement, BWXT […]
BWXT-Led Team Awarded $3 Billion Cleanup Contract for Department of Energy’s West Valley Demonstration Project
(LYNCHBURG, Va. – December 2, 2024) – BWX Technologies, Inc. (NYSE: BWXT) is pleased to announce an award from the U.S. Department of Energy for cleanup operations at the West Valley Demonstration Project in West Valley, New York. The Phase 1B contract was awarded to West Valley Cleanup Alliance, LLC (WVCA), which is a joint […]
BWXT Names Robb A. LeMasters Executive Vice President and Chief Financial Officer
(LYNCHBURG, Va. – Nov.7, 2024) – BWX Technologies, Inc. (BWXT) announces the promotion of Robb A. LeMasters to executive vice president and chief financial officer (CFO) in recognition of his contributions to the corporation and his leadership across the traditional CFO functions of tax, treasury, investor relations, risk, finance and accounting, but also the company’s […]
BWXT to Acquire L3Harris’ A.O.T. Business to Expand Special Materials Portfolio
(LYNCHBURG, Va. and MELBOURNE, Fla. – Nov. 4, 2024) – BWX Technologies, Inc. (NYSE: BWXT) and L3Harris Technologies, Inc. (NYSE: LHX) today announced the signing of a purchase agreement for BWXT to acquire L3Harris’ Aerojet Ordnance Tennessee, Inc. (A.O.T.) business for approximately $100 million. A.O.T. is a leading provider of advanced specialty materials, fabrication and […]
BWX Technologies Reports Third Quarter 2024 Results
LYNCHBURG, Va.– Nov. 4, 2024– BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported third quarter 2024 results. A reconciliation of non-GAAP results are detailed in Exhibit 1. “Our strong third quarter performance underscores the momentum BWXT has built throughout 2024,” said Rex D. Geveden, president and chief executive officer. “The combination of recent key […]
