Fourth Quarter 2014 Results
- Record Fourth Quarter Revenue and Operating Income for Nuclear Operations Segment Adjusted EPS Increases 23%, GAAP EPS Lower Primarily Due to a Mark to Market Actuarial Loss Strong Bookings Continue to Fuel Growth for Power Generation Segment Anticipated Spin-off of Power Generation Business Remains on Schedule
B&W Announces $535 Million in Contracts for Naval Nuclear Reactor Programs
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG) has been awarded contracts totaling approximately $535.1 million for the manufacture of naval nuclear reactor components for U.S. Navy submarines and aircraft carriers.