STOCK TITAN
  1. Home
  2. News
  3. BWXT

BWX Technologies, Inc. - BWXT STOCK NEWS

Welcome to our dedicated page for BWX Technologies news (Ticker: BWXT), a resource for investors and traders seeking the latest updates and insights on BWX Technologies stock.

BWX Technologies, Inc. (BWXT) is a premier provider of nuclear components and fuel to the U.S. government. The company is renowned for its technical expertise, management, and site services, supporting government operations of complex facilities and environmental remediation activities. BWXT also plays a critical role in the commercial nuclear power industry, offering precision-manufactured components and specialized services.

Headquartered in Lynchburg, Virginia, BWXT has a significant presence with operations in Erwin, Tennessee; Mount Vernon, Indiana; Euclid, Ohio; Barberton, Ohio; Cambridge, Ontario, Canada; and over a dozen U.S. Department of Energy sites around the country. It employs more than 5,200 skilled professionals dedicated to advancing nuclear technology and safety.

BWXT operates in two main segments: Government Operations and Commercial Operations. The Government Operations segment encompasses the legacy Nuclear Operations Group and Nuclear Services Group, focusing on advanced reactor projects and innovative manufacturing techniques. The Commercial Operations segment includes the legacy Nuclear Power Group, which engages in research, development, and commercialization of medical and industrial radioisotopes and radiopharmaceuticals.

The company’s financial health is robust, with a majority of its revenue generated from its Government Operations segment. BWXT’s strategic partnerships and projects aim to enhance its market presence and technological capabilities. Geographically, while the company operates in the United States, Canada, and the United Kingdom, the bulk of its revenue comes from the United States.

Recent achievements highlight BWXT's commitment to innovation and excellence. The company continues to secure significant contracts, invest in cutting-edge technologies, and expand its services in the nuclear sector. These efforts underscore BWXT’s pivotal role in both government and commercial nuclear projects.

News

BWXT Announces Expansion of Cambridge Manufacturing Plant to Support Global Nuclear Power Market

Rhea-AI Summary
BWXT announces an expansion of its Cambridge manufacturing plant with an investment of C$80 million to support the global nuclear power market. The expansion will create over 200 new jobs in Ontario. The investment aims to increase capacity significantly, improve productivity, and serve customers in producing safe, clean, and reliable electricity in Canada and abroad. The project is estimated to be completed by mid-2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
Tags
none
-
News

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

Rhea-AI Summary
BWXT and Rolls-Royce secure funding for Phase 2 of the UK Space Agency's International Bilateral Fund to collaborate on fission nuclear systems for space power missions. The $1.5 million award supports UK and U.S. space nuclear development programs, enhancing space technology innovation and collaboration between the two countries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.76%
Tags
none
-
News

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

Rhea-AI Summary
BWXT Technologies, Inc. (BWXT) will release its first quarter 2024 results on May 6, 2024, after market close. The company will host a conference call at 5:00 p.m. EDT for investors and analysts to discuss the financial performance. Listen-only participants can join via the Internet or dial-in. The call replay will be available on the BWXT website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.66%
Tags
earnings
News

BWXT Releases 2024 Sustainability Report

Rhea-AI Summary
BWXT Releases 2024 Sustainability Report Highlighting Commitment to Nuclear Technology and Corporate Social Responsibility
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.87%
Tags
none
-
News

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

Rhea-AI Summary
BWXT Technologies, Inc. secures a $45 billion contract from the U.S. Department of Energy for environmental management operations at the Hanford Site in Washington. The 10-year contract involves the Hanford Integrated Tank Disposition Contract awarded to Hanford Tank Waste Operations & Closure, LLC, a joint venture led by BWXT. This significant award showcases BWXT's technical capabilities in environmental restoration sites and commitment to supporting DOE's environmental stewardship and national security efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
Tags
none
-
News

BWX Technologies Hosting Investor Day and Ringing NYSE Closing Bell

Rhea-AI Summary
BWX Technologies, Inc. (BWXT) hosts Investor Day to discuss business strategies and growth outlook. Management including CEO Rex Geveden will present. The company will also participate in the Closing Bell Ceremony at NYSE.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.87%
Tags
none
News

BWX Technologies Reports Fourth Quarter and Full Year 2023 Results, Initiates 2024 Guidance

Rhea-AI Summary
BWXT Technologies, Inc. (BWXT) reported strong financial results for Q4 2023 and full year 2023, with record revenue, net income, and adjusted EBITDA. The company initiated 2024 guidance, expecting continued growth and positive momentum. BWXT also highlighted key achievements in 2023, such as labor force expansion, new program wins, and improved performance in various segments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.87%
Tags
earnings
-
News

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

Rhea-AI Summary
BWX Technologies, Inc. (BWXT) secures a $122 million contract extension for downblending highly enriched uranium into low enriched uranium for the Tennessee Valley Authority. The extension spans from July 2025 to June 2027, supporting the National Nuclear Security Administration's defense programs objectives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.02%
Tags
none
-
News

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

Rhea-AI Summary
BWX Technologies, Inc. (BWXT) will release its fourth quarter and full-year 2023 results on February 27, 2024, followed by a conference call and an Investor Day on February 28, 2024. The company encourages participants to join the call and view the presentation online. The event will feature presentations by BWXT's President and CEO, CFO, and other leaders, followed by a live Q&A session. In-person attendance for the Investor Day is by invitation only.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
Tags
earnings
News

BWXT Names Nicole W. Piasecki to Board of Directors

Rhea-AI Summary
BWX Technologies, Inc. (NYSE: BWXT) announced the appointment of Nicole W. Piasecki, a former Boeing executive, to its board of directors effective January 2, 2024. Piasecki brings 25 years of experience in senior leadership positions at The Boeing Company and currently serves on the boards of BAE Systems and Weyerhaeuser Company. Her expertise in the aerospace and defense sector, as well as international markets, will be valuable for BWXT's growth goals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.67%
Tags
management

FAQ

What is the current stock price of BWX Technologies (BWXT)?

The current stock price of BWX Technologies (BWXT) is $113.28 as of December 20, 2024.

What is the market cap of BWX Technologies (BWXT)?

The market cap of BWX Technologies (BWXT) is approximately 10.3B.

What does BWX Technologies, Inc. (BWXT) specialize in?

BWXT specializes in providing nuclear components and fuel to the U.S. government, supporting complex facility operations, and offering services to the commercial nuclear power industry.

Where is BWXT headquartered?

BWXT is headquartered in Lynchburg, Virginia.

How many employees does BWXT have?

BWXT employs more than 5,200 professionals.

What are the main segments BWXT operates in?

BWXT operates in two main segments: Government Operations and Commercial Operations.

Which segment contributes the most to BWXT's revenue?

The Government Operations segment contributes the most to BWXT's revenue.

Where does BWXT have significant operations?

BWXT has significant operations in Virginia, Tennessee, Indiana, Ohio, and Ontario, as well as at over a dozen U.S. Department of Energy sites.

What are BWXT's recent achievements?

BWXT has secured significant contracts, invested in advanced technologies, and expanded its services in the nuclear sector.

What industries does BWXT serve?

BWXT serves the government, commercial nuclear power, medical, and industrial sectors.

Does BWXT operate internationally?

Yes, BWXT operates in the United States, Canada, and the United Kingdom, with the majority of its revenue coming from the United States.

What kind of services does BWXT provide?

BWXT provides technical, management, and site services for complex facility operations and environmental remediation, along with precision manufacturing for commercial nuclear power.

Stock BWXT logo
BWX Technologies, Inc.

NYSE:BWXT

BWXT Rankings

#841 Ranked by Market Cap
#1887 Ranked by Dividends

BWXT Stock Data

10.27B
91.10M
0.38%
93.33%
1.45%
Aerospace & Defense
Engines & Turbines
Link
United States of America
LYNCHBURG