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News Releases

B&W Receives $450 Million Order for Nuclear Components

27 February 2010

Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG), an operating unit of The Babcock & Wilcox Company (B&W), has received an award of approximately $450 million for the manufacture of nuclear components to support U.S. defense programs, including the manufacture of U.S. Naval nuclear power systems for submarines and aircraft carriers.

"We are very pleased with these new orders and the steady growth of B&W's nuclear product line for the U.S. government," said Winfred Nash, President of B&W NOG. "B&W has long played an important role in supporting the defense of our nation, and we continue to be committed to that mission by providing reliable, cost effective and technologically advanced nuclear products."

Headquartered in Lynchburg, Va., and with locations in Barberton, Ohio; Mount Vernon, Ind.; and Euclid, Ohio; as well as at subsidiary Nuclear Fuel Services, Inc. in Erwin, Tenn., B&W NOG employs about 4,000 people. Together, the facilities offer a complete range of nuclear components and services, from providing nuclear fuel and the manufacture of reactors for U.S. Naval submarines and aircraft carriers to other nuclear and non-nuclear R&D and component production. The company also performs plutonium and uranium decontamination and decommissioning, facility stabilization and nuclear materials management.

About B&W

The Babcock & Wilcox Company (B&W), an operating group of McDermott International, Inc,. is a leader in advanced energy technology innovation and service, primarily in nuclear and fossil power. Providing quality products and technical services to commercial and government customers, B&W is focused on issues such as energy efficiency, clean air, global market competitiveness, and safe and secure resolution for nuclear waste. B&W has locations worldwide and employs more than 20,000 people. The company is located on the Internet at www.babcock.com.

 

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Contact:
Jud Simmons
The Babcock & Wilcox Company
434.522.6462
hjsimmons@babcock.com