BWXT

UK Space Agency Awards Space Reactor Development Project to BWXT and Rolls-Royce

Retrieved on: 
Monday, April 8, 2024

The funding enables strategic research collaborations within the UK space sector and emerging space nations to work together on fission nuclear systems for space power missions.

Key Points: 
  • The funding enables strategic research collaborations within the UK space sector and emerging space nations to work together on fission nuclear systems for space power missions.
  • The new $1.5 million award from the fund supports collaboration between Rolls-Royce and BWXT Advanced Technologies LLC (BWXT) to advance the technologies that benefit both the UK and U.S. space nuclear development programs.
  • The contract further strengthens UK and U.S. collaboration on first-of-a-kind space technology innovation as detailed under the Atlantic Declaration commitment.
  • This exciting research by Rolls-Royce to develop space nuclear power is an opportunity to showcase the UK as a spacefaring nation.

BWX Technologies to Announce First Quarter 2024 Results on Monday, May 6

Retrieved on: 
Thursday, April 4, 2024

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.

Key Points: 
  • 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.) 1-888- 550-5326 and (International) 1-646-960-0829; conference ID: 5948806.
  • A replay of the call will remain available on the BWXT website for a limited time.

BWXT Releases 2024 Sustainability Report

Retrieved on: 
Thursday, March 14, 2024

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.

Key Points: 
  • 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 committed to the employment of nuclear technology to solve some of the world’s most important problems,” said Rex Geveden, BWXT’s president and chief executive officer.
  • “This year’s Sustainability Report showcases the strides we continue making to strengthen our duty as a responsible business, and it highlights our legacy of manufacturing safe, high-quality components and our position as an industry leader in new nuclear advances in clean, secure energy, nuclear medicine and environmental management.”

Global Small Modular Reactors (SMR) Industry Report 2024: By 2050, the Market is Anticipated to Achieve an Annual Value of $3.9 Trillion

Retrieved on: 
Tuesday, March 19, 2024

DUBLIN, March 19, 2024 /PRNewswire/ -- The "Small Modular Reactors (SMR): Market Shares, Strategies, and Forecasts 2024-2050" report from Wintergreen Research, Inc has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 19, 2024 /PRNewswire/ -- The "Small Modular Reactors (SMR): Market Shares, Strategies, and Forecasts 2024-2050" report from Wintergreen Research, Inc has been added to ResearchAndMarkets.com's offering.
  • Small Modular Reactors (SMRs) present an alluring prospect in the field of nuclear energy by offering the potential for reusing spent nuclear fuel.
  • This process not only contributes to sustainability but also enhances the efficiency of nuclear waste management.
  • Recycling waste fuel not only minimizes waste volume but also reduces the demand for raw materials, presenting economic and environmental advantages.

BWXT-led Team Awarded $45 Billion Environmental Management Contract for DOE’s Hanford Site

Retrieved on: 
Monday, March 4, 2024

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.

Key Points: 
  • 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 & Closure, LLC (H2C), which is a joint venture led by a BWXT subsidiary and includes subsidiaries of Amentum and Fluor.
  • The DOE is engaged in one of the great public works projects of this century at the Hanford Site near Richland, Washington.
  • More information is available from the DOE’s Office of Environmental Management.

BWX Technologies Hosting Investor Day and Ringing NYSE Closing Bell

Retrieved on: 
Wednesday, February 28, 2024

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.

Key Points: 
  • 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.
  • During the event, BWXT management will discuss its business, strategic direction and growth outlook.
  • BWXT President and Chief Executive Officer Rex Geveden will ring The Closing Bell® at the New York Stock Exchange at 4:00 p.m.
  • A live stream of The Closing Bell® can be viewed at https://www.nyse.com/bell .

BWXT Subsidiary Awarded $122 Million Contract Extension for Uranium Downblending Services

Retrieved on: 
Wednesday, February 14, 2024

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).

Key Points: 
  • 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 the National Nuclear Security Administration’s (NNSA) defense programs objectives.
  • This contract extension continues the current downblending operations from July 2025 to June 2027.
  • “This contract extension also enables operations and engineering continuity with our uranium conversion and purification contract with NNSA.”
    Downblending is a process in which HEU is mixed with natural uranium resulting in LEU needed for various commercial and national defense purposes.

BWX Technologies to Announce Fourth Quarter and Full-Year 2023 Results on Tuesday, February 27

Retrieved on: 
Thursday, January 18, 2024

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.

Key Points: 
  • 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 participants are (U.S.) 1-888-550-5326 and (International) 1-646-960-0829; conference ID: 5948806.
  • A live webcast of the Investor Day, presentation slides, and replay will be available on BWXT’s Investor Relations website at investors.bwxt.com .

BWXT Names Nicole W. Piasecki to Board of Directors

Retrieved on: 
Wednesday, January 3, 2024

BWX Technologies, Inc. (NYSE: BWXT) announced today that Nicole W. Piasecki has been appointed to its board of directors effective January 2, 2024.

Key Points: 
  • BWX Technologies, Inc. (NYSE: BWXT) announced today that Nicole W. Piasecki has been appointed to its board of directors effective January 2, 2024.
  • Piasecki is also a senior advisor to Mitsubishi Heavy Industries and previously chaired the board of Seattle University.
  • Piasecki previously has held appointments to the U.S. Federal Aviation Administration’s Management Advisory Council and the U.S. Department of Aviation’s Future of Aviation Committee.
  • “We are very fortunate to add someone with Nicole’s business, manufacturing and technological perspectives to our board,” said Jan Bertsch, chair of BWXT’s board of directors.

BWX Technologies to Host Investor Day on February 28, 2024

Retrieved on: 
Friday, December 15, 2023

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.

Key Points: 
  • 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. LeMasters and other leaders from across the company, followed by a live question and answer session.
  • A link to the live webcast of the Investor Day, replay, and presentation slides will be available on BWXT’s Investor Relations website at investors.bwxt.com .