BWXT Names Nicole W. Piasecki to Board of Directors
(LYNCHBURG, Va. – January 3, 2024) – BWX Technologies, Inc. (NYSE: BWXT) announced today that Nicole W. Piasecki has been appointed to its board of directors effective January 2, 2024. Piasecki spent 25 years with The Boeing Company in a number of senior leadership positions, including the role of vice president and general manager of […]
BWXT Medical Expands Collaboration with Fusion Pharmaceuticals Through Strengthened Actinium Supply and Access to Generator Technology
Agreement Furthers BWXT Medical’s Position as a Global Leader in Actinium Supply Collaboration Enables Fusion to Produce High Purity Actinium-225 At Its Manufacturing Facility for Clinical Trials (OTTAWA, Ontario – November 16, 2023) – BWXT Medical Ltd. and Fusion Pharmaceuticals Inc. (Nasdaq: FUSN) today announced that the companies have entered into an agreement for the […]
BWXT Names Mike Boorstein as New General Manager for Euclid Manufacturing Facility
(EUCLID, Ohio – November 9, 2023) – BWX Technologies, Inc. (NYSE: BWXT) has appointed Mike Boorstein as the new general manager for its Nuclear Operations Group-Euclid manufacturing facility. In this role, Boorstein will have full responsibility for BWXT’s daily operations at the site. The facility employs more than 350 workers and manufactures electro-mechanical components for […]
BWXT Selected as Nuclear Fuel and Component Manufacturer for Air Force Research Laboratory’s JETSON Program
(LYNCHBURG, Va. – November 8, 2023) – BWX Technologies, Inc. (NYSE: BWXT) today announced that it has been selected as the nuclear fuel and components manufacturer for the Air Force Research Laboratory’s Joint Emergent Technology Supplying On-Orbit Nuclear (JETSON) high power mission application program, which will mature high-power nuclear electric power and propulsion technologies and […]
BWX Technologies Reports Third Quarter 2023 Results
• 3Q23 revenues of $590.0 million• 3Q23 net income of $60.4 million, adjusted EBITDA(1) of $106.5 million• 3Q23 diluted GAAP EPS of $0.66, non-GAAP(1) EPS of $0.67• Multiple agreements signed to progress microreactor development for commercial applications• Narrowing 2023 non-GAAP(1) EPS guidance to $2.90-$2.95• Preliminary 2024 guidance for non-GAAP EPS(1) and adjusted EBITDA(1) to grow […]
BWXT Announces $300 Million Contract for Naval Nuclear Reactor Fuel
(LYNCHBURG, Va. – October 24, 2023) – BWX Technologies, Inc. (NYSE: BWXT) today announced the award of a U.S. Naval Nuclear Propulsion Program contract totaling approximately $300 million for the manufacture of naval nuclear reactor fuel. Under this contract, BWXT subsidiary Nuclear Fuel Services, Inc., located in Erwin, Tennessee, will manufacture and deliver fuel for […]
BWXT, Crowley Debut Nuclear Power Generation Vessel Concept
(LYNCHBURG, Va. – September 20, 2023) – Global shipping and energy supply chain leader Crowley has teamed with BWX Technologies, Inc. (NYSE: BWXT) through a memorandum of understanding for a ship concept that has the potential to generate alternative, zero-carbon emission energy for defense and disaster needs by including a microreactor on board. A new […]
BWXT Awarded Contract to Evaluate Microreactor Deployment for State of Wyoming
Effort Will Leverage U.S. Department of Energy Advanced Reactor Demonstration Program Achievements (LYNCHBURG, Va. – September 12, 2023) – BWX Technologies, Inc. (NYSE: BWXT) today announced a two-phase, two-year contract with the Wyoming Energy Authority to assess the viability of deploying small-scale nuclear reactors in the state as a source of resilient and reliable energy to […]
BWXT to Manufacture HALEU Feedstock for Advanced Reactors
(LYNCHBURG, Va. – August 30, 2023) – BWX Technologies, Inc. (NYSE: BWXT) today announced a contract to process thousands of kilograms of government-owned scrap material containing enriched uranium that is unusable in its present form in order to produce more than two metric tons of feedstock that can be used for fuel to demonstrate advanced […]
BWX Technologies Reports Second Quarter 2023 Results
• 2Q23 revenues of $612.4 million• 2Q23 net income of $58.7 million, adjusted EBITDA(1) of $107.0 million• 2Q23 diluted GAAP EPS of $0.64, non-GAAP(1) EPS of $0.65• Selected to provide the nuclear system and fuel for DARPA’s DRACO project, the first nuclear powered spacecraft• Shipped final missile tube of the Block II contract from our Mount […]
