BWXT Awarded TRISO Nuclear Fuel Manufacturing Contract. Production to be Completed by the Fall of 2020
(LYNCHBURG, Va. – March 11, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that its BWXT Nuclear Operations Group, Inc. (NOG) subsidiary has been awarded a contract from the Department of Energy’s Oak Ridge National Laboratory (ORNL) to manufacture TRISO nuclear fuel to support the continued development of the Transformational Challenge Reactor (TCR). BWXT […]
BWX Technologies Reports Strong Fourth Quarter 2019 Results, Setting New Year-End Highs for Revenue, Earnings and Backlog
4Q19 GAAP EPS of $0.64; non-GAAP EPS of $0.71; revenue up 5% vs. 4Q18• 2019 GAAP EPS of $2.55; non-GAAP EPS of $2.62; revenue up 5% vs. 2018• Reports record consolidated backlog of $5.3 billion• Announces 12% quarterly dividend increase to $0.19 per share• Issues 2020 guidance: non-GAAP EPS of ~$2.80; consolidated revenue growth of […]
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. “We are proud to provide nuclear propulsion systems […]
Department of Energy Selects BWXT to Support Nonproliferation Fuel Program
(LYNCHBURG, Va. – Feb. 11, 2020) – 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 […]
BWXT Names Nate Foote General Manager of Mount Vernon, Indiana, Operations
(MOUNT VERNON, Ind. – Feb. 3, 2020) – 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. “With more than a decade of experience leading in Mount Vernon and at our other manufacturing sites, Nate […]
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). “Rick has been highly effective in numerous roles at BWXT for many years, including senior vice president for Human Resources most recently,” said Rex Geveden, […]
BWXT Subsidiary Completes Strategic Acquisition of Laker Energy Products Inc.
(CAMBRIDGE, Ontario – January 2, 2020) – BWX Technologies, Inc. announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has acquired Laker Energy Products Inc. (Laker Energy Products). The transaction broadens BWXT’s portfolio of critical CANDU® components for its global customer base. Laker Energy Products, a Canadian company founded in 1995, is a leading […]
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. The publication recognized companies with superior environmental, social and governance ratings in addition to strong fundamental and technical performance. Among companies with environmental, social and governance ratings of AAA or […]
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. “With 30 years of experience leading and innovating in high-consequence operations, Dave is well-qualified to lead our Barberton manufacturing operations,” […]
BWX Technologies Reports Record Third Quarter 2019 Results; Increases Full-Year 2019 Non-GAAP EPS Guidance
BWX Technologies Reports Record Third Quarter 2019 Results; Increases Full-Year 2019 Non-GAAP EPS Guidance November 04, 2019 04:30 PM Eastern Standard Time 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 […]