4Q24 diluted GAAP EPS of $0.77, diluted non-GAAP (1) EPS of $0.92, on revenue of $746.3 million 4Q24 net income of $71.1 million, adjusted EBITDA (1) of $130.3 million 2024 diluted GAAP EPS of $3.07, diluted non-GAAP (1) EPS of $3.33, on revenue of $2.7 billion 2024 net income of $282.3 million, adjusted EBITDA (1) of $498.7 million 2024 operating cash flow of $408.4 million, free cash flow (1) of $254.8 million Closed... Read More

LYNCHBURG, Va. / Feb 19, 2025 / Business Wire / 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, will be performed at... Read More

CAMBRIDGE, Ontario / Jan 27, 2025 / Business Wire / 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) at the Darlington site. Under the first contract, BWXT will... Read More

LYNCHBURG, Va. / Jan 16, 2025 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) will issue a press release detailing fourth quarter and full-year 2024 results on Monday, February 24, 2025, 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 investors.bwxt.com . The dial-in numbers for... Read More

Investment creates a comprehensive portfolio of end-to-end lifecycle services for customers in the small modular reactor and traditional large-scale nuclear reactor markets Expands the company’s presence in fast-growing areas, including clean energy, energy security and the rising demand for nuclear technologies BWXT to hold a conference call on January 7, 2025, at 8:30 a.m. E.T. LYNCHBURG, Va. / Jan 07, 2025 / Business Wire... Read More

JONESBOROUGH, Tenn. / Jan 06, 2025 / Business Wire / 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 better serve our customers,” said Rex... Read More

Agreement Expands Capability to Supply Carbon-Free Energy to the World CAMBRIDGE, Ontario / Dec 12, 2024 / Business Wire / 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 has the potential to manufacture key... Read More

LYNCHBURG, Va. / Dec 02, 2024 / Business Wire / 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 venture led by BWXT Technical Services Group, Inc. and includes Jacobs Technology, Inc. and... Read More

3Q24 revenues of $672.0 million 3Q24 net income of $69.6 million, adjusted EBITDA (1) of $127.0 million 3Q24 diluted GAAP EPS of $0.76, non-GAAP (1) EPS of $0.83 Expanding special materials portfolio with announced acquisition of A.O.T., a sole source provider of depleted uranium and finished specialty metals for mission critical defense applications; targeting close by year-end 2024 non-GAAP EPS (1) guidance raised to... Read More

LYNCHBURG, Va. & MELBOURNE, Fla. / Nov 04, 2024 / Business Wire / 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 high-strength alloy manufacturing,... Read More

John D. Haynes School of Welding Technology Fills Critical Training Need to Support National Defense Priorities MOUNT VERNON, Ind. / Oct 24, 2024 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) today announced the opening of the John D. Haynes School of Welding Technology at Mount Vernon High School in Mount Vernon, Indiana. The company, along with the U.S. Navy and the BlueForge Alliance, have invested $500,000 into... Read More

LYNCHBURG, Va. / Oct 17, 2024 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) is pleased to announce that Hanford Tank Waste Operations & Closure, LLC (H2C) has been approved by the U.S. Department of Energy (DOE) to begin the Hanford Integrated Tank Disposition Contract (ITDC). After being previously approved to work on pre-transition activities, the DOE has issued H2C a notice to proceed, effective October 21, 2024.... Read More

LYNCHBURG, Va. / Oct 08, 2024 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) today announced that its Nuclear Fuel Services, Inc. (NFS) subsidiary was selected by the U.S. Department of Energy (DOE) as one of the successful bidders for High-Assay Low-Enriched Uranium (HALEU) deconversion services to support the civil advanced reactor marketplace. This is an indefinite-delivery, indefinite-quantity contract where... Read More

LYNCHBURG, Va. / Oct 02, 2024 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) will issue a press release detailing third quarter 2024 results on Monday, November 4, 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 at www.bwxt.com/investors. The dial-in numbers for participants are... Read More

$100,000 Contribution Underscores Community Commitment LYNCHBURG, Va. / Oct 02, 2024 / Business Wire / BWX Technologies, Inc ., the parent company of Nuclear Fuel Services (NFS), today announced a $100,000 donation to the Unicoi County United Way to support the recovery efforts underway in the Erwin, Tennessee community. This contribution will directly support emergency response teams on the ground, helping to provide... Read More

LYNCHBURG, Va. / Aug 26, 2024 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) today announced a contract from the National Nuclear Security Administration (NNSA) to complete a yearlong engineering study to evaluate options for the deployment of a centrifuge pilot plant that would establish a domestic uranium enrichment capability for national security purposes. Awarded to BWXT subsidiary Nuclear Fuel Services, Inc.,... Read More

KANATA, Ontario / Aug 06, 2024 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) has appointed Vittorio Puppo as president of BWXT Medical Ltd., effective August 12, 2024. In his new role, Puppo will focus on advancing the business’ mission to deliver high-quality nuclear medical products and solutions that improve patient outcomes worldwide. Puppo brings a wealth of experience to BWXT Medical, with over 30 years of... Read More

2Q24 revenues of $681.5 million 2Q24 net income of $73.0 million, adjusted EBITDA (1) of $126.2 million 2Q24 diluted GAAP EPS of $0.79, non-GAAP (1) EPS of $0.82 BWXT-led JV awarded management and operations contract for the NNSA’s Pantex Plant 2024 non-GAAP EPS (1) guidance revised to $3.10-$3.20 LYNCHBURG, Va. / Aug 05, 2024 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company")... Read More

LYNCHBURG, Va. / Jun 27, 2024 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) will issue a press release detailing second quarter 2024 results on Monday, August 5, 2024, 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 are (U.S.)... Read More

Support Strong Among Wyoming Stakeholders and Potential Vendors During Phase One of Cost-Share Program LYNCHBURG, Va. / Jun 17, 2024 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) today announced the award of the second phase of a 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 augment existing... Read More

LYNCHBURG, Va. / Jun 14, 2024 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) today announced a contract award from the U.S. Department of Energy, National Nuclear Security Administration (DOE/NNSA) for management and operations of the Pantex Plant. Following an initial term of five years, NNSA has the ability to award... Read More

OTTAWA, Ontario / Jun 07, 2024 / Business Wire / BWXT Medical Ltd. has submitted a Drug Master File (DMF) to the U.S. Drug and Food Administration (FDA) for No Carrier Added (n.c.a.) Actinium-225 (Ac-225) Active Pharmaceutical Ingredient. Ac-225 is an alpha-emitting isotope used in targeted alpha therapies (TATs) that combine the isotope with specific tumor-seeking targeting vectors to kill cancer cells while minimizing the... Read More

1Q24 revenues of $604.0 million 1Q24 net income of $68.5 million, adjusted EBITDA (1) of $115.2 million 1Q24 diluted GAAP EPS of $0.75, non-GAAP (1) EPS of $0.76 Announced expansion of Cambridge manufacturing plant; enhancing capabilities to serve the global CANDU and Small Modular Reactor markets Reaffirms 2024 non-GAAP EPS (1) guidance of $3.05-$3.20 LYNCHBURG, Va. / May 06, 2024 / Business Wire / BWX Technologies, Inc.... Read More

SMR Supplier Group Will Support Global Deployment of BWRX-300 Design CAMBRIDGE, Ontario / Apr 29, 2024 / Business Wire / 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 small modular reactor (SMR). The purpose of the supplier... Read More

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 / Apr 19, 2024 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) announced today an investment to expand its Cambridge manufacturing plant. Already one of the largest nuclear commercial... Read More

MONTREAL , April 11, 2024 /CNW/ - AtkinsRéalis, a fully integrated professional services and project management company with offices around the world, welcomes BWXT Canada Ltd ., a company with over 60 years of expertise and experience in the designing, manufacturing, commissioning, and servicing of nuclear power generation equipment, as a new ambassador in support of the Canadians for CANDU campaign. The Canadians for CANDU... Read More

Award Is Part of Larger Teaming Agreement Between BWXT and Rolls-Royce for Future Collaboration LYNCHBURG, Va. / Apr 08, 2024 / Business Wire / 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 UK space sector and emerging space nations to... Read More

LYNCHBURG, Va. / Apr 04, 2024 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) will issue a press release detailing first quarter 2024 results on Monday, May 6, 2024, 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 are (U.S.)... Read More

LYNCHBURG, Va. / Mar 14, 2024 / Business Wire / 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 are... Read More

LYNCHBURG, Va. / Mar 04, 2024 / Business Wire / 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 Disposition Contract (ITDC) was awarded to Hanford Tank Waste Operations &... Read More

LYNCHBURG, Va. / Feb 28, 2024 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) is hosting an Investor Day with financial analysts and institutional investors today, February 28, 2024, at 8:30 a.m. to approximately 11:30 a.m. ET. During the event, BWXT management will discuss its business, strategic direction and growth outlook. There will also be a live question and answer session following the prepared remarks. Among... Read More

4Q23 diluted GAAP EPS of $0.72, diluted non-GAAP (1) EPS of $1.01, on revenue of $725.5 million 4Q23 net income of $66.3 million, adjusted EBITDA (1) of $147.6 million 2023 diluted GAAP EPS of $2.68, diluted non-GAAP (1) EPS of $3.02, on revenue of $2.5 billion 2023 net income of $246.3 million, adjusted EBITDA (1) of $471.9 million 2023 operating cash flow of $363.7 million, free cash flow (1) of $212.4 million Initiates... Read More

LYNCHBURG, Va. / Feb 14, 2024 / Business Wire / 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 provide downblending services to the TVA in support of... Read More

LYNCHBURG, Va. / Jan 18, 2024 / Business Wire / 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 at investors.bwxt.com . The dial-in numbers for... Read More

LYNCHBURG, Va. / Jan 03, 2024 / Business Wire / 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 the Propulsion Systems Division for Boeing Commercial Airplanes. She currently... Read More

LYNCHBURG, Va. / Dec 15, 2023 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) today announced that it will host an Investor Day with financial analysts and institutional investors on Wednesday, February 28, 2024. The event will be held live at the New York Stock Exchange and feature presentations by BWXT’s President and Chief Executive Officer Rex D. Geveden, Senior Vice President and Chief Financial Officer Robb A.... Read More

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 / Nov 16, 2023 / Business Wire / BWXT Medical Ltd . and Fusion Pharmaceuticals Inc. (Nasdaq: FUSN) today announced that the companies have entered into an agreement for the supply of generators to produce... Read More

LYNCHBURG, Va. / Nov 08, 2023 / Business Wire / 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 spacecraft design. Working... Read More

LYNCHBURG, Va. / Oct 24, 2023 / Business Wire / 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 the Naval Reactors Program. BWXT fuel and... Read More

JACKSONVILLE, Fla. , Sept. 20, 2023 /PRNewswire/ -- Global shipping and energy supply chain leader Crowley has teamed with nuclear power leader 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... Read More

Effort Will Leverage U.S. Department of Energy Advanced Reactor Demonstration Program Achievements LYNCHBURG, Va. / Sep 12, 2023 / Business Wire / 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 augment existing power generation... Read More

Under Initial Award of $47 Million, BWXT Will Process NNSA Scrap Material Into Usable HALEU LYNCHBURG, Va. / Aug 30, 2023 / Business Wire / 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... Read More

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 Vernon facility Narrowing 2023 non-GAAP (1) EPS guidance to $2.85-$3.00 LYNCHBURG, Va.... Read More

CAMBRIDGE, Ontario / Aug 02, 2023 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) today announced a contract with TerraPower to design the Intermediate Heat Exchanger for the Natrium Demonstration Project. The Natrium technology is a 345-megawatt sodium fast reactor coupled with a molten salt-based integrated energy storage system. The Intermediate Heat Exchanger is a critical component of the Natrium advanced reactor.... Read More

DRACO Program Will Demonstrate Nuclear Power’s Ability to Propel Spacecraft LYNCHBURG, Va. / Jul 26, 2023 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) today announced that its reactor and fuel will be key components in the world’s first demonstration spacecraft using nuclear thermal propulsion. Working as part of a... Read More

LYNCHBURG, Va. / Jun 27, 2023 / Business Wire / BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will issue a press release detailing second quarter 2023 results on Thursday, August 3, 2023, 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... Read More

1Q23 revenue of $568.4 million 1Q23 net income of $61.0 million, adjusted EBITDA (1) of $110.7 million 1Q23 diluted GAAP EPS of $0.67, non-GAAP (1) EPS of $0.70 Awarded a $428 million, five-year contract by the National Nuclear Security Administration (NNSA) to provide purification and conversion services for highly enriched uranium. BWXT-led JV chosen to provide environmental management operations for the DOE’s Hanford... Read More

LYNCHBURG, Va. / Apr 17, 2023 / Business Wire / 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 Disposition Contract (ITDC) was awarded to Hanford Tank Waste Operations &... Read More

LYNCHBURG, Va. / Apr 10, 2023 / Business Wire / BWX Technologies, Inc. (NYSE: BWXT) announced today that its Nuclear Fuel Services, Inc. (NFS) subsidiary has been awarded a $428 million contract from the National Nuclear Security Administration (NNSA) to provide purification and conversion services for highly enriched uranium (HEU). Located in Erwin, Tennessee, NFS is one of only two Category I nuclear facilities licensed by... Read More

LYNCHBURG, Va. / Apr 05, 2023 / Business Wire / BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will issue a press release detailing first quarter 2023 results on Monday, May 8, 2023, 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 are... Read More

BWX Technologies, Inc. (NYSE: BWXT) today announced an engineering contract awarded by GE Hitachi Nuclear Energy (GEH) for its BWRX-300 small modular reactor (SMR) reactor pressure vessel (RPV). The RPV, which contains the reactor core and associated internals, comprises the largest component within the BWRX-300. Work associated with the contract includes engineering analysis, design support, manufacturing and procurement... Read More

BWX Technologies, Inc. (NYSE: BWXT) has released its 2023 Sustainability Report, demonstrating the company’s deep involvement in environmental restoration, clean energy, global security, community investment and many other initiatives critical to environmental, social and governance (ESG) excellence. “This report is a cross-section of our sustainability, safety, inclusion and operational accomplishments,” said Rex Geveden,... Read More

4Q22 diluted GAAP EPS of $0.47, diluted non-GAAP (1) EPS of $0.93, on revenue of $624.2 million 4Q22 net income of $43.0 million, adjusted EBITDA (1) of $130.1 million 2022 diluted GAAP EPS of $2.60, diluted non-GAAP (1) EPS of $3.13, on revenue of $2.23 billion 2022 net income of $238.6 million, adjusted EBITDA (1) of $439.4 million 2022 operating cash flow of $244.7 million, free cash flow (1) of $46.4 million Initiates... Read More

Life-saving Molybdenum-99 (Mo-99) isotopes can now be produced at Ontario Power Generation’s (OPG) Darlington Nuclear Generating Station, thanks to the installation and initial commissioning of an innovative isotope system by Laurentis Energy Partners and BWXT Medical Ltd. (NYSE: BWXT). The production of Mo-99 at Darlington will be a world-first for a commercial power reactor. With the necessary equipment now installed , the... Read More

BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will issue a press release detailing fourth quarter and full-year 2022 results on Thursday, February 23, 2023, 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 are (U.S.) 1-844-200-6205,... Read More

Agreement augments Fusion's existing isotope supply as pipeline of clinical stage actinium-based radiopharmaceuticals grows Furthers BWXT Medical's position as a global leader in medical isotope supply HAMILTON, ON , Jan. 5, 2023 /CNW/ -- Fusion Pharmaceuticals Inc. (Nasdaq: FUSN), and BWXT Medical Ltd. , a subsidiary of BWX Technologies, Inc. (NYSE: BWXT), today announced that the companies have entered into a preferred... Read More

BWX Technologies, Inc. (NYSE: BWXT) has promoted Ronald O. (Chip) Whitford, Jr. to the position of senior vice president, general counsel, chief compliance officer and corporate secretary, effective January 2, 2023. Whitford is succeeding Thomas E. McCabe, who will serve as special advisor to the CEO until his retirement on August 1, 2023. Whitford joined the company in 2017 and most recently has served as vice president,... Read More

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) calls TRISO “the most robust nuclear fuel on earth.” The small, energy-dense coated uranium particles can... Read More

3Q22 revenue of $523.7 million 3Q22 net income of $61.8 million, adjusted EBITDA (1) of $100.1 million 3Q22 diluted GAAP EPS of $0.67, non-GAAP (1) EPS of $0.69 3Q22 net cash provided by operating activities of $65.0 million, free cash flow (1) of $25.4 million Narrows 2022 guidance and anticipates strong revenue and EBITDA (1) growth in 2023 Technetium 99-m generator application accepted by FDA with priority review... Read More

BWX Technologies, Inc. (NYSE: BWXT) announced today that management will be participating and presenting at three upcoming investor conferences before the end of the year. Nov. 9 Baird 2022 Global Industrial Conference – Chicago Management attending: Rex Geveden, president and chief executive officer; Robb LeMasters, senior vice president and chief financial officer; Joseph Miller, president BWXT Advanced Technologies,... Read More

BWX Technologies, Inc. (NYSE: BWXT) announced today that subsidiary BWXT Medical Ltd. has submitted a new drug application to the U.S. Food and Drug Administration (FDA) to request approval of its technetium-99m (Tc-99m) generator for diagnostic imaging. Once approved for commercial production by regulatory bodies, BWXT Medical’s new proprietary manufacturing technology will be used to irradiate molybdenum targets at an... Read More

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 large scale, complex businesses and will be a superb addition to our senior leadership team,” said Rex Geveden,... Read More

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 million, or $0.62 per diluted share, in the prior-year period. Non-GAAP (1) net income for the second... Read More

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 U.S. Navy submarines and aircraft carriers and other nuclear and non-nuclear R&D and component production.... Read More

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 are (U.S.) 844-200-6205 and (International)... Read More

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 and 8 and represents an integral part of Bruce Power’s MCR Project. Feeder tube assemblies in CANDU® reactors transport... Read More

BWX Technologies, Inc. (NYSE: BWXT) announced today that subsidiary BWXT Medical Ltd. has executed a commercial agreement with Bayer AG (Bayer) to supply high-purity Actinium-225 (Ac-225). Today’s announcement follows the agreement reached by the two companies in September 2021. Under the terms of the commercial agreement, Bayer will purchase high-purity Ac-225 from BWXT Medical at pre-determined prices. The parties expect... Read More

BWX Technologies, Inc. (NYSE: BWXT) announced today that subsidiary BWXT Medical Ltd. and TRIUMF, Canada’s particle accelerator centre, have executed a licensing and services agreement that strengthens their existing partnership for the production of medical isotopes. This agreement will enable BWXT Medical to manufacture high purity Actinium-225 (Ac-225) based products for pharmaceutical companies as it continues to build... Read More

BWX Technologies, Inc. (NYSE: BWXT) will build the first advanced nuclear microreactor in the United States under a contract awarded by the U.S. Department of Defense (DoD) Strategic Capabilities Office (SCO). The Project Pele full-scale transportable microreactor prototype will be completed and delivered in 2024 for testing... Read More

BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported first quarter 2022 revenue of $531 million, a slight increase compared with $528 million in the first quarter 2021. GAAP net income for the first quarter 2022 was $59.0 million, or $0.64 per diluted share, compared with GAAP net income of $69.7 million, or $0.73 per diluted share, in the prior-year period. Non-GAAP (1) net income for the first... Read More

BWX Technologies, Inc. (NYSE: BWXT) announced today that Jan A. Bertsch has been elected as its new chair of the board of directors, effective May 3, 2022, succeeding retiring board chairman John A. Fees. Bertsch has served as an independent director of BWXT since 2013, and she was most recently the chair of its audit and finance committee and a member of the compensation committee. She also serves on the board of directors... Read More

BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will issue a press release detailing first quarter 2022 results on Monday, May 9, 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 are (U.S.) 844-850-0542 and (International)... Read More

BWX Technologies, Inc . (NYSE: BWXT) today announced the release of its 2022 Sustainability Report. The report reviews the company’s environmental, social and governance (ESG) achievements and describes how BWXT uses its nuclear expertise to deliver safe and effective solutions to address some of the world’s most important problems in areas as diverse as global security, clean energy, environmental restoration, nuclear... Read More

BWX Technologies, Inc. (NYSE: BWXT) announced today that the U.S. Naval Nuclear Propulsion Program has exercised contract options totaling approximately $1 billion for manufacturing naval nuclear reactor components and fuel. “BWXT is gratified to continue to support the U.S. Navy as the sole manufacturer of naval nuclear reactors and fuel for U.S. submarines and aircraft carriers,” BWXT Nuclear Operations Group, Inc.... Read More

BWX Technologies, Inc. (NYSE: BWXT) announced today that it has streamlined its reporting segment structure to better reflect its operations and position the company for improved efficiency and strategic growth. Starting with the first quarter of 2022, BWXT will report as two operating segments called Government Operations and Commercial Operations. The company has named Kevin M. McCoy president of the Government Operations... Read More

BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported fourth quarter 2021 revenue of $592 million, a 6% increase compared with $557 million in the fourth quarter 2020. GAAP net income for the fourth quarter 2021 was $117 million, or $1.26 per diluted share, compared with GAAP net income of $65.7 million, or $0.69 per diluted share, in the prior-year period. Non-GAAP net income for the fourth... Read More

BWX Technologies, Inc. (NYSE: BWXT) is hosting an Investor Day 8:30 a.m. to approximately 11:30 a.m. ET on Tuesday, Nov. 16, 2021. During the event, BWXT executives will discuss current operations and future vision across the company’s portfolio of businesses. There will also be a question and answer session following prepared remarks. Among the presenters will be: Rex Geveden, President and Chief Executive Officer Robb... Read More

BWX Technologies, Inc. (NYSE: BWXT) announced today that as part of BWXT’s executive succession planning process, Robb A. LeMasters has been named senior vice president and chief financial officer effective November 15, 2021. LeMasters will succeed David S. Black, who will retire after 30 years of service to BWXT. Black began at BWXT as general accounting manager for the Nuclear Environmental Services Division. He assumed... Read More

BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported third quarter 2021 revenue of $499 million, down 4% compared with $520 million in the third quarter 2020. GAAP net income for the third quarter 2021 was $59.9 million, or $0.63 per diluted share, compared with GAAP net income of $73.2 million, or $0.76 per diluted share, in the prior-year period. Non-GAAP net income for the third quarter 2021... Read More

BWX Technologies, Inc. (NYSE: BWXT) today announced a contract with an estimated ceiling of approximately $21 billion over a 10-year ordering period from the U.S. Department of Energy (DOE) for environmental management operations at the Savannah River Site (SRS) in South Carolina. The DOE announced the award of the Savannah River Site Integrated Mission Completion Contract to Savannah River Mission Completion, LLC (SRMC),... Read More

BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will issue a press release detailing third quarter 2021 results on Monday, November 1, 2021, 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 are (U.S.) 844-850-0542 and (International)... Read More

BWX Technologies, Inc. (NYSE: BWXT) announced today that its BWXT Medical Ltd. subsidiary (BWXT Medical) has entered into an agreement with Bayer AG (Bayer) to develop Actinium-225 (Ac-225) supply and further partnering opportunities on finished products as both companies broaden their respective commercialization strategies for targeted radionuclide therapies (TRTs) and other innovative products. Ac-225 is a highly powerful... Read More

BWX Technologies, Inc. (NYSE: BWXT) today announced a contract from Bruce Power valued at approximately CA$40 million to supply four moderator heat exchangers. The contract, which will be executed by subsidiary BWXT Canada Ltd. at its Cambridge, Ontario facility, involves engineering and fabrication of these specialized components. Moderator heat exchangers are large components that remove heat from the moderator system of... Read More

BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported second quarter 2021 revenue of $505 million, about even compared with $505 million in the second quarter 2020. Net income for the second quarter 2021 was $59.3 million, or $0.62 per diluted share, compared with GAAP net income of $64.3 million, or $0.67 per diluted share and non-GAAP net income of $67.7 million, or $0.71 per diluted share, in... Read More

BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will issue a press release detailing second quarter 2021 results on Monday, August 2, 2021, 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 are (U.S.) 844-850-0542 and (International)... Read More

TTM Technologies, Inc. (NASDAQ: TTMI), a leading global printed circuit board (“PCB”) and radio frequency (“RF”) components and assemblies manufacturer, announced today that Robert E. Klatell has retired from his position as Chairman of the Board and Board member of TTM in accordance with TTM’s Corporate Governance Policy that proscribes a mandatory retirement for Directors at the age of 75. Mr. Klatell has served as a... Read More

BWXT Medical Ltd. (BWXT Medical) announced today that it has entered into a new long-term, mutually exclusive agreement to manufacture TheraSphere™ Y-90 Glass Microspheres for Boston Scientific, a leading global medical device company. Developed for the treatment of patients with hepatocellular carcinoma (HCC), TheraSphere treatment is comprised of millions of glass microspheres containing radioactive Yttrium-90, which are... Read More

BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported first quarter 2021 revenue of $528 million, a 2.6% decrease compared with $542 million in the first quarter 2020. Net income for the first quarter 2021 was $69.7 million, or $0.73 per diluted share, compared with GAAP net income of $75.5 million, or $0.79 per diluted share and non-GAAP net income of $75.6 million, or $0.79 per diluted share,... Read More

BWX Technologies, Inc. (NYSE: BWXT) has expanded its existing technical fellows initiative by selecting 25 additional employees for the program in recognition of their scientific and engineering accomplishments at the company. Individuals selected as fellows are recognized as senior technical experts and leaders who are in a position to offer ongoing technical advice to other staff and review new products and technology... Read More

BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will webcast a discussion of its first quarter 2021 results on Tuesday, May 4, 2021, at 9:00 a.m. EDT. The company will issue a press release detailing the results after market close on Monday, May 3. 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 are (U.S.)... Read More

BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”) announced today the closing of its previously announced offering of $400 million aggregate principal amount of 4.125% senior notes due 2029 (the “Notes”) in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”). The Notes are guaranteed by each of BWXT’s present and future direct and indirect wholly owned domestic... Read More

BWX Technologies, Inc. (NYSE: BWXT) today announced a contract extension, valued at up to $690 million including options, from the U.S. Department of Energy (DOE) for environmental management work at Portsmouth Gaseous Diffusion Plant. The agreement took effect on March 29, 2021, and includes a one-year extension with two additional six-month options. Cleanup work at the site has been conducted by joint venture Fluor-BWXT... Read More

BWX Technologies, Inc. (NYSE: BWXT) announced today that it is continuing its groundbreaking Nuclear Thermal Propulsion (NTP) design, manufacturing development, and test support work for NASA. NTP is one of the technologies that is capable of propelling a spacecraft to Mars, and this contract continues BWXT’s work that began in 2017. Under the terms of a $9.4 million, one-year contract awarded to its BWXT Advanced... Read More

BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”) announced today that it has priced its previously announced offering of $400 million aggregate principal amount of 4.125% senior notes due 2029 (the “Notes”) in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”). The Notes will be guaranteed by each of BWXT’s present and future direct and indirect wholly owned... Read More

BWX Technologies, Inc. (NYSE: BWXT) (“BWXT”) announced today that it plans to offer up to $400 million aggregate principal amount of senior notes due 2029 (the “Notes”) in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the “Act”). The Notes will be guaranteed by each of BWXT’s present and future direct and indirect wholly owned domestic subsidiaries that is a... Read More

BWX Technologies, Inc. (NYSE: BWXT) today announced a $28 million, 12-month contract award from the Department of Defense’s (DoD) Strategic Capabilities Office (SCO) for the final design of a transportable microreactor prototype under the second phase of its Project Pele initiative. SCO is partnering with the U.S. Department of Energy to develop, prototype and demonstrate a mobile microreactor that can be used to provide... Read More

BWX Technologies, Inc. (NYSE: BWXT) announced today that its BWXT Nuclear Operations Group, Inc. (BWXT NOG) subsidiary has been awarded a total of $35 million in contracts under two separate programs – uranium recovery and conversion as well as construction of a new research reactor fuel line. “These awards showcase BWXT’s unique capabilities in processing and manufacturing nuclear fuels, our long history fueling research... Read More

BWXT Medical Ltd. (BWXT Medical) and Global Medical Solutions, Ltd. (GMS) have entered into a joint venture (JV) to manufacture and distribute radioisotopes and radiopharmaceuticals in the Asia-Pacific (Asia). BWXT Medical is a subsidiary of BWX Technologies, Inc. (NYSE: BWXT) and a global supplier of medical isotopes and radiopharmaceuticals. GMS is a global operator of centralized radiopharmacies, manufacturer and... Read More

BWX Technologies, Inc. (NYSE: BWXT) announced today that Chief Financial Officer David Black will be presenting at the virtual J.P. Morgan 2021 Global High Yield & Leveraged Finance Conference on Monday, March 1, 2021. BWXT is a leading supplier of nuclear components, fuel and services to government and commercial customers and is the sole manufacturer of U.S. naval nuclear reactors for submarines and aircraft carriers. The... Read More

BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported record revenue in the fourth quarter 2020 at $557 million, an 11% increase compared with $501 million in the fourth quarter 2019. GAAP net income for the fourth quarter 2020 was $65.7 million, or $0.69 per diluted share, compared with GAAP net income of $61.4 million, or $0.64 per diluted share, in the prior-year period. Non-GAAP net income... Read More

BWX Technologies, Inc. (NYSE: BWXT) today announced that its subsidiary BWXT ITG Canada, Inc., a nuclear medicine company, has been renamed BWXT Medical Ltd. (BWXT Medical), in order to better align with the company’s products, customer base and strategy. BWXT’s entry into the nuclear medicine industry began with the development of a new breakthrough technology that will enable the production of molybdenum-99 and... Read More

BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will webcast a discussion of its fourth quarter 2020 results on Tuesday, February 23, 2021, at 9:00 a.m. EST. The company will issue a press release detailing the results after market close on Monday, February 22. 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... Read More