BWXT Names John Lucio as Senior Director for Government Relations
(LYNCHBURG, Va. – May 1, 2024) – BWX Technologies, Inc. (NYSE: BWXT) has hired John Lucio as a senior director for government relations. Lucio was most recently senior vice president at Ervin Graves Strategy Group, and immediately preceding that, he served as a professional staff member to the Senate Appropriations Subcommittee on Defense. Lucio will focus […]
BWXT Named First Member of GE Vernova Nuclear’s Small Modular Reactor Supplier Group
SMR Supplier Group Will Support Global Deployment of BWRX-300 Design (CAMBRIDGE, Ontario – April 29, 2024) — BWXT Canada Ltd., a subsidiary of BWX Technologies, Inc. (NYSE: BWXT), has been selected as the first qualified supply chain company to join the GE Vernova nuclear business’ supplier group that will advance the global deployment of the BWRX-300 […]
BWXT Announces Expansion of Cambridge Manufacturing Plant to Support Global Nuclear Power Market
C$80 million investment will create more than 200 new jobs in Ontario One of North America’s largest commercial nuclear manufacturers to get even bigger, driven by increasing demand for clean nuclear energy (CAMBRIDGE, Ontario – April 19, 2024) – BWX Technologies, Inc. (NYSE: BWXT) announced today an investment to expand its Cambridge manufacturing plant. Already one […]
BWXT Canada Joins Canadians for CANDU® Campaign
(CAMBRIDGE, ONTARIO – April 11, 2024) – BWXT Canada Ltd., a subsidiary of BWX Technologies, Inc. (NYSE: BWXT), has joined the Canadians for CANDU Campaign. Spearheaded by Co-Chairs the Right Honourable Jean Chretien and former Ontario Premier Mike Harris, and now joined by industry, the campaign promotes the deployment of CANDU® nuclear technology at home […]
UK Space Agency Awards Space Reactor Development Project to BWXT and Rolls-Royce
Award Is Part of Larger Teaming Agreement Between BWXT and Rolls-Royce for Future Collaboration (LYNCHBURG, Va. – April 8, 2024) – BWX Technologies, Inc. (NYSE: BWXT) announced today that it and Rolls-Royce have secured funding for Phase 2 of the UK Space Agency’s International Bilateral Fund (IBF). The funding enables strategic research collaborations within the […]
BWXT Releases 2024 Sustainability Report
(LYNCHBURG, Va. – March 14, 2024) – BWX Technologies, Inc. (NYSE: BWXT) has released its 2024 Sustainability Report, demonstrating the company’s role in good governance, environmental stewardship, the ongoing global clean-energy transition, global security, investment in the communities where we operate, and many other initiatives critical to corporate social responsibility (CSR) excellence. “At BWXT, we […]
BWXT-led Team Awarded $45 Billion Environmental Management Contract for DOE’s Hanford Site
(LYNCHBURG, Va. – March 4, 2024) – BWX Technologies, Inc. (NYSE: BWXT) today announced a contract with an estimated value of up to $45 billion over a 10-year ordering period from the U.S. Department of Energy (DOE) for environmental management operations at the Hanford Site in Washington. The DOE announced that the Hanford Integrated Tank […]
BWX Technologies Reports Fourth Quarter and Full Year 2023 Results, Initiates 2024 Guidance
Lynchburg, VA – Feb. 27, 2024 – BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”, “we”, “us” or the “Company”) reported fourth quarter and full year 2023 results. A reconciliation of non-GAAP results are detailed in Exhibit 1. “We had a strong finish to 2023, with double-digit revenue and adjusted EBITDA growth and robust free cash flow in […]
BWXT Subsidiary Awarded $122 Million Contract Extension for Uranium Downblending Services
(LYNCHBURG, Va. – February 14, 2024) – BWX Technologies, Inc. (NYSE: BWXT) today announced that its Nuclear Fuel Services, Inc. (NFS) subsidiary was awarded a $122 million contract extension from the Tennessee Valley Authority (TVA) for the downblending of highly enriched uranium (HEU) into low enriched uranium (LEU). Under this contract, NFS will continue to […]
BWX Technologies to Announce Fourth Quarter and Full-Year 2023 Results on Tuesday, February 27
(LYNCHBURG, Va. – January 18, 2024) – BWX Technologies, Inc. (NYSE: BWXT) will issue a press release detailing fourth quarter and full-year 2023 results on Tuesday, February 27, 2024 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 […]