News

(LYNCHBURG, Va. – Dec. 23, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that it has been selected by the U.S. Department of Energy (DOE) to lead a $106.6 million microreactor development project. The DOE is contributing $85.3 million to the cost-share project over seven years, with BWXT funding the remaining amount.

(LYNCHBURG, Va. – Dec. 17, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that retired Adm. John M. Richardson has been appointed to its board of directors.

(LYNCHBURG, Va. – Dec. 7, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that Chief Financial Officer David Black and Investor Relations Director Mark Kratz will be participating in the virtual Truist 2020 Industrials and Services Summit on Tuesday, Dec. 8.

(LYNCHBURG, Va. – Dec. 7, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that Chief Financial Officer David Black and Investor Relations Director Mark Kratz will be participating in the Melius Research Virtual Industrial Tech & Aerospace Forum on Wednesday, Dec. 9.

(LYNCHBURG, Va. – Dec. 2, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that President and Chief Executive Officer Rex Geveden will be presenting at CreditSuisse’s 8th Annual Virtual Industrials Conference on Friday, Dec. 4, 2020. Investor Relations Director Mark Kratz will also be attending.

(LYNCHBURG, Va. – Nov. 23, 2020) – The development of advanced nuclear reactors is continuing at a rapid pace, but issues still remain working with some specialty materials that are important to these reactors. Teamed with the Oak Ridge National Laboratory, engineers and designers at BWX Technologies, Inc. (BWXT) have developed new additive manufacturing technologies for the design and manufacture of reactor components made from high-temperature alloys and refractory metals.

(LYNCHBURG, Va. – Nov. 10, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that President and Chief Executive Officer Rex Geveden will be presenting at Baird’s 2020 Global Industrial Conference on Thursday, Nov. 12, 2020. Chief Financial Officer David Black and Investor Relations Director Mark Kratz will also be attending the virtual conference.

(LYNCHBURG, Va. – November 10, 2020) – BWX Technologies, Inc. (NYSE: BWXT) announced today that its BWXT Nuclear Operations Group, Inc. subsidiary has completed its TRISO nuclear fuel line restart project and is actively producing fuel at its Lynchburg, Va. facility.

LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported third quarter 2020 revenue of $520 million, a 3% increase compared with $506 million in the third quarter of 2019. GAAP net income for the third quarter 2020 was $73.2 million, or $0.76 per diluted share, compared with GAAP net income of $74.8 million, or $0.78 per diluted share, in the prior-year period. Non-GAAP net income for the third quarter 2020 was $75.6 million, or $0.79 per diluted share, compared with non-GAAP net income of $75.3 million, or $0.79 per diluted share, in the prior-year period.

(LYNCHBURG, Va. – October 28, 2020) – For the second year in a row, BWX Technologies, Inc. (NYSE: BWXT) has been named to Investor’s Business Daily’s Best Environmental, Social and Governance Companies list. The publication recognizes companies with superior environmental, social and governance (ESG) ratings in addition to strong fundamental and technical stock performance.