BWXT Starts Production of TRISO Fuel for First U.S. Generation IV Microreactor
(LYNCHBURG, Va. – Dec. 7, 2022) – BWX Technologies, Inc. (NYSE: BWXT) today with officials from the U.S. Department of Defense, Department of Energy, NASA and Idaho National Laboratory celebrated the landmark production of TRISO nuclear fuel that will power the first microreactor built and operated in the United States. The Department of Energy (DOE) […]
BWX Technologies Reports Third Quarter 2022 Results
LYNCHBURG, Va.–(BUSINESS WIRE)– BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported third quarter 2022 GAAP net income attributable to BWXT of $61.6 million, or diluted earnings per share (EPS) of $0.67, on revenue of $523.7 million. Third quarter 2022 non-GAAP(1) net income attributable to BWXT was $63.0 million, or $0.69 diluted EPS. Third […]
BWXT Closes Amended and Restated Credit Agreement
(LYNCHBURG, Va. – Oct. 12, 2022) – BWX Technologies, Inc. (NYSE: BWXT) announced today that it has closed on an amended and restated credit agreement with Wells Fargo Bank, N.A. and other lenders that increases the company’s liquidity while improving a number of key terms for BWXT. The amended and restated credit agreement, among other […]
BWX Technologies to Announce Third Quarter 2022 Results on Monday, November 7
LYNCHBURG, Va.–(BUSINESS WIRE)– BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will issue a press release detailing third quarter 2022 results on Monday, November 7, 2022, after market close and will host a conference call at 5:00 p.m. EST. Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at www.bwxt.com/investors. The dial-in numbers for participants […]
BWXT Names Robert Duffy as Chief Administrative Officer
(LYNCHBURG, Va. – August 22, 2022) – BWX Technologies, Inc. (NYSE: BWXT) has appointed Robert (Bob) Duffy as senior vice president and chief administrative officer (CAO). In this role, he will have full responsibility for human resources and a number of other business support functions. “Bob has an extraordinary track record of leading and building […]
BWX Technologies Reports Robust Second Quarter 2022 Results
LYNCHBURG, Va.–(BUSINESS WIRE)– BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported second quarter 2022 revenue of $554 million, a 10% increase compared with $505 million in the second quarter 2021. GAAP net income for the second quarter 2022 was $74.6 million, or $0.82 per diluted share, compared with net income of $59.3 […]
BWXT Names Sharon H. Smoot as President of Nuclear Operations Group
(LYNCHBURG, Va. – July 27, 2022) – BWX Technologies, Inc. (NYSE: BWXT) has appointed Sharon H. Smoot as president of BWXT’s Nuclear Operations Group, Inc. (NOG). In this role, she will have full responsibility for NOG’s mission to provide a complete range of nuclear components and services, including the manufacture of nuclear reactor components for […]
BWX Technologies to Announce Second Quarter 2022 Results on Monday, August 8
LYNCHBURG, Va.–(BUSINESS WIRE)– BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will issue a press release detailing second quarter 2022 results on Monday, August 8, 2022, after market close and will host a conference call at 5:00 p.m. EDT. Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at www.bwxt.com/investors. The dial-in numbers for participants […]
BWXT Canada Awarded CA$130 Million Component Manufacturing Contract from Bruce Power
(CAMBRIDGE, Ontario – July 5, 2022) – BWX Technologies, Inc. (NYSE: BWXT) today announced a contract awarded by Bruce Power valued at approximately CA$130 million in support of Bruce Power’s Major Component Replacement (MCR) Project. The contract is for the fabrication and supply of replacement feeders for Bruce Power’s reactor units 3, 4, 5, 7 […]
BWXT Names Ryan Colvert as Senior Director for Government Relations
(LYNCHBURG, Va. – May 16, 2022) – BWX Technologies, Inc. (NYSE: BWXT) has hired Ryan B. Colvert as a senior director for government relations. Colvert will focus on BWXT’s relationships with the U.S. Congress and the executive branch related to the company’s role as the sole manufacturer of naval nuclear reactors for U.S. submarines and aircraft […]