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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.

Overview

BWX Technologies Inc is a specialty manufacturer and service provider focused on nuclear components and technologies, operating in both the government and commercial sectors. The company is known for its in-depth expertise in nuclear components, advanced manufacturing, and nuclear operations. Its well-established operations cater to complex nuclear facility requirements and technical services for environmental remediation, underscoring its balanced portfolio in innovative manufacturing and technical support.

Business Segments

BWX Technologies Inc functions through two primary segments:

  • Government Operations: This segment encompasses longstanding nuclear operations and nuclear services. It is pivotal in supplying nuclear components and technical support to government agencies, particularly within the U.S., ensuring safe and effective management of nuclear facilities. The government segment also integrates research and development focused on advanced reactors and modern manufacturing techniques.
  • Commercial Operations: Dedicated to the commercial nuclear power industry, this segment focuses on supplying precision manufactured components coupled with research and development in the domain of medical and industrial radioisotopes and radiopharmaceuticals. It bridges the gap between industrial applications and technology-driven innovations.

Operational Footprint

The company’s operations are marked by a broad geographic footprint that spans major industrial bases in the United States, Canada, and the United Kingdom. Its facilities, situated in diverse locations such as Virginia, Tennessee, Indiana, Ohio, and other key areas, underscore a strategic distribution that supports both governmental and commercial clientele. This widespread presence enhances its ability to serve critical national infrastructure needs and cater to specialized industrial requirements.

Technology and Research

Investing in research and development is a cornerstone of BWX Technologies Inc's strategy. With initiatives that target advanced reactor designs and innovative manufacturing processes, the company strives to constantly improve safety, efficiency, and performance in nuclear applications. Its R&D efforts in generating medical and industrial radioisotopes further exemplify its capacity to translate technological innovations into practical solutions.

Products and Services

The company provides an integrated suite of products and services including precision-manufactured nuclear components, technical and management support, and specialized solutions for the operation of complex facilities. Its expertise extends to environmental remediation activities related to nuclear operations, highlighting a commitment to both operational excellence and environmental responsibility.

Industry Position and Competitive Differentiation

Within the competitive landscape of nuclear technology and services, BWX Technologies Inc differentiates itself through a unique blend of legacy operational experience and ongoing innovation. The company maintains a robust relationship with government agencies through longstanding contracts and mission-critical services, while also engaging with the commercial sector through technology-driven enhancements in manufacturing and radiopharmaceuticals. This dual focus not only reinforces its market position but also fosters a diversified approach to addressing the multifaceted challenges of the nuclear industry.

Corporate Expertise and Value Proposition

BWX Technologies Inc is renowned for its technical precision, comprehensive service offerings, and operational expertise. Its value is derived from a deep understanding of nuclear engineering and the specific needs of its government and commercial clients, making it a trusted partner in the management and operation of complex nuclear facilities. The company's meticulous approach to safety and quality, supported by rigorous standards and continuous improvement processes, further underscores its commitment to providing reliable and advanced nuclear solutions.

Conclusion

In summary, BWX Technologies Inc stands as an authoritative entity within the nuclear industry, providing specialized components and sophisticated technical services. Whether it is through the supply of nuclear components, management of nuclear critical infrastructure, or development of cutting-edge research in nuclear technologies, the company consistently demonstrates expertise and operational excellence. It remains a critical player whose extensive operational reach and diversified service portfolio position it as a significant contributor to both national security and industrial innovation.

Rhea-AI Summary
Fusion Pharmaceuticals Inc. (Nasdaq: FUSN) and BWXT Medical Ltd. have entered into a new agreement for the supply of generators to produce actinium-225, a medical isotope used to treat cancer in clinical trials. This collaboration enables Fusion to produce high purity actinium-225 at the Company's GMP manufacturing facility, further solidifying BWXT Medical's position as a global leader in medical isotope supply. Actinium-225 is an alpha-emitting isotope used in Fusion's targeted alpha therapies (TATs) to kill cancer cells while minimizing the impact to healthy tissues. The agreement allows Fusion to have onsite production of actinium-225, providing superior flexibility in manufacturing schedules and increased capacity to support the clinical pipeline.
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BWXT Technologies, Inc. (NYSE: BWXT) has been chosen as the nuclear fuel and components manufacturer for the Air Force Research Laboratory’s JETSON program. This program aims to advance high-power nuclear electric power and propulsion technologies for spacecraft design, offering 6-20 kWe of electricity, four times more than traditional solar arrays without continuous sunlight. BWXT will work with Lockheed Martin and Space Nuclear Power Corporation to lead manufacturing and testing activities, supporting design and system integration.
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BWX Technologies, Inc. reported 3Q23 revenues of $590.0 million, net income of $60.4 million, and adjusted EBITDA of $106.5 million. The company signed multiple agreements to progress microreactor development for commercial applications. They narrowed their 2023 non-GAAP EPS guidance to $2.90-$2.95 and provided preliminary 2024 guidance for mid-single-digit growth in non-GAAP EPS and adjusted EBITDA.
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BWXT subsidiary Nuclear Fuel Services, Inc. has been awarded a $300 million contract to manufacture naval nuclear reactor fuel for the U.S. Naval Nuclear Propulsion Program. The contract includes fuel for submarines and aircraft carriers, including the Navy's Columbia-class submarines. The work is expected to be completed by mid-2025.
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BWX Technologies, Inc. to release Q3 2023 results on November 1, 2023, after market close. Conference call at 5:00 p.m. EDT. Replay available on website.
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Crowley and BWX Technologies team up to develop a ship concept for alternative energy generation
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Global shipping leader Crowley teams up with nuclear power leader BWX Technologies to develop ships with microreactors for alternative, zero-carbon emission energy supply. This move marks Crowley's entry into the nuclear energy sector and supports the U.S. Department of Energy's goals. The new vessel concept will enable power supply to remote locations, military bases, and disaster-stricken areas. The ship will feature a modular reactor between 5 and 50 megawatts and shallow draft hulls for strategic power delivery.
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BWX Technologies signs a two-phase contract with the Wyoming Energy Authority to assess the viability of small-scale nuclear reactors in the state.
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BWXT awarded $47 million contract to process government-owned scrap material into usable HALEU
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FAQ

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

The current stock price of Bwx Technologies (BWXT) is $100.49 as of April 1, 2025.

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

The market cap of Bwx Technologies (BWXT) is approximately 9.2B.

What is the core business of BWX Technologies Inc?

BWX Technologies Inc specializes in manufacturing nuclear components and providing technical services for both government and commercial nuclear applications.

What are the main business segments of the company?

The company operates primarily in two segments: Government Operations, which focuses on nuclear services and component supply for governmental agencies, and Commercial Operations, which caters to the nuclear power and radiopharmaceutical industries.

How does BWX Technologies Inc generate revenue?

Revenue is generated through a mix of long-term contracts with government agencies and commercial engagements, alongside technical services and specialized manufacturing of nuclear components.

Which industries does BWX Technologies Inc serve?

BWX Technologies Inc serves the nuclear industry, covering both government and defense sectors as well as the commercial nuclear power industry, including medical and industrial applications.

How does the company support government operations?

The company supports government operations by supplying nuclear components, providing technical and management services, and engaging in environmental remediation activities related to nuclear facility operation.

What role does research and development play at BWX Technologies Inc?

R&D is integral to the company’s strategy, with efforts directed towards advancing reactor technologies, modernizing manufacturing processes, and developing medical and industrial radioisotopes.

How does BWX Technologies Inc differentiate itself within the nuclear industry?

It differentiates itself through a balanced approach combining legacy operational expertise in government services with innovative commercial solutions and continuous R&D to enhance technology and safety standards.

Where are the primary operations of BWX Technologies Inc located?

The company operates across multiple key regions, primarily in the United States and Canada, with a strategic presence in areas known for heavy industrial and nuclear facility operations, as well as select operations in the United Kingdom.
Bwx Technologies Inc

Nasdaq:BWXT

BWXT Rankings

BWXT Stock Data

9.15B
91.01M
0.4%
94.87%
1.43%
Aerospace & Defense
Engines & Turbines
Link
United States
LYNCHBURG