BWXT Awarded $35 Million Contract to Develop and Fabricate Payload Module Launch Tubes for Virginia-Class Submarines
(LYNCHBURG, Virginia – December 27, 2016) – BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Operations Group, Inc. has received two competitively bid awards (development and fabrication) under a single contract for Virginia Payload Module (VPM) launch tubes. The contract was awarded by General Dynamics Electric Boat to support the Virginia-class submarine program and is worth approximately $35 million.
BWXT Completes Acquisition of GE Hitachi Nuclear Energy Canada Inc.
BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. (BWXT Canada) has completed its acquisition of the GE Hitachi Nuclear Energy Canada Inc. (GEH-C) joint venture, which has been re-named BWXT Nuclear Energy Canada Inc. (BWXT NEC).