BWX Technologies (NYSE: BWXT) reported a 7 percent growth in fiscal 2023 first quarter revenue from government operations and attributed the growth to a higher production volume for nuclear components and microreactors. Sales in BWXT’s government segment for the period increased to $459.9 million, from the $431.8 million a year earlier, while ...
An industry team comprising BWX Technologies (NYSE: BWXT), Amentum and Fluor (NYSE: FLR) has secured a 10-year, $45 billion contract to manage tank waste at the Department of Energy’s Hanford Site in Washington state. Hanford Tank Waste Operations & Closure, a limited liability company formed by the three companies, will oversee the former...
Kimberly Lebak, an executive in Huntington Ingalls Industries‘ (NYSE: HII) technical solutions division, has been named as head of an HII and BWX Technologies (NYSE: BWXT) joint venture that performs cleanup work at the Department of Energy’s Los Alamos National Laboratory in New Mexico. HII said Tuesday that Lebak will oversee the $1.4 ...
Two BWX Technologies (NYSE: BWXT) subsidiaries have reached new agreements worth $2.1B combined to manufacture nuclear reactor components and fuel products for the U.S. Navy. BWXT Nuclear Operations Group and Nuclear Fuel Services will also provide support services to the U.S. Naval Nuclear Propulsion program, the company said Monday. Effo...
BWX Technologies‘ (NYSE: BWXT) Nuclear Fuel Services subsidiary has received a $505M contract to convert 20.2 metric tons of highly enriched uranium into a low enriched form that can be used in national defense efforts or as fuel for commercial nuclear reactors. The HEU downblending project is scheduled to commence in early 2019 and ...
Triad National Security has won a potential 10-year, $25 billion contract from the Energy Department™s National Nuclear Security Administration to manage and operate the Los Alamos National Laboratory in New Mexico. The contract has a base term of five years and five option years with an estimated value of approximately $2.5 billion per year, D...
A BWX Technologies (NYSE: BWXT) subsidiary has secured contract options worth more than $151 million to manufacture fuel for U.S. Navy aircraft carriers and submarines. BWTX Nuclear Fuel Services will also support decommissioning efforts under the U.S. Naval Nuclear Propulsion Program, the company said Tuesday. NNPP als...
A BWX Technologies (NYSE: BWXT) subsidiary has received $492 million in contract options to produce components for the U.S. Navy‘s Naval Nuclear Propulsion Program. BWXT Nuclear Operations Group will primarily manufacture nuclear reactor systems for the Virginia-class attack submarines under the exercised options, the compa...
A joint venture of Huntington Ingalls Industries™ (NYSE: HII) SN3 subsidiary and BWX Technologies™ (NYSE: BWXT) technical services group has received a notice to proceed from the Energy Department to begin transition work on the Los Alamos National Laboratory in New Mexico. HII said Wednesday the Newport News Nucle...
TYSONS CORNER, VA, Dec. 28, 2016 ” BWX Technologies‘ nuclear operations group has received a $35 million contract from General Dynamics‘ (NYSE: GD) Electric Boat subsidiary to develop and construct Virginia Payload Module launch tubes for the Virginia-class submarine program, ExecutiveBiz reported Tuesday. The VPM tub...
