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News Releases

BWXT Subsidiary Awarded Design and Manufacturing Contracts for HPR1000 Plant in Guangxi, China

17 August 2015

BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Canada Ltd. has been awarded major contracts for steam generator design and component manufacturing for the HPR1000 nuclear plant in Guangxi, China.

B&W Successfully Ships Steam Generators to FirstEnergy's Davis-Besse Nuclear Power Station

22 October 2013

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary, Babcock & Wilcox Canada Ltd. (B&W Canada), has successfully shipped two replacement steam generators for FirstEnergy’s Davis-Besse Nuclear Power Station in Oak Harbor, Ohio.

B&W's Small Modular Reactor Integrated System Test Facility Achieves Full Operating Conditions

18 July 2012

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its B&W mPower™ reactor Integrated System Test (IST) facility has achieved full operating conditions. The IST is the world's only operational, design-specific test facility for a small modular reactor design.

B&W Expands Commercial Nuclear Capabilities with N-Stamp Certification at Ohio Manufacturing Facility

12 May 2011

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG) manufacturing facility in Euclid, Ohio, has received N-Stamp accreditation from the American Society of Mechanical Engineers. The certification is considered the industry standard for quality assurance of materials, design, construction, operation, inspection and continuing maintenance of nuclear facilities. B&W's Mt. Vernon, Ind.; Barberton, Ohio; Lancaster, Ohio; and Cambridge, Ontario, Canada; facilities also hold N-Stamp certifications.

B&W Awarded Nuclear Generating Station Uprate Contract

20 December 2010

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its subsidiary Babcock & Wilcox Nuclear Energy, Inc. (B&W NE) has been awarded a $24 million contract from Omaha Public Power District (OPPD) in Omaha, Neb., for uprate modifications at the Fort Calhoun Nuclear Generating Station. The scope of work includes engineering and construction to replace critical components and associated plant modifications.

B&W Completes First Phase of $100 Million Strategic Investment in USEC

02 September 2010

The Babcock & Wilcox Company (B&W) (NYSE:BWC), through its affiliate Babcock & Wilcox Investment Company, announced today that it has made a $37.5 million investment in USEC Inc. (NYSE: USU). This is the first phase of its previously announced definitive agreement to make a $100 million strategic investment in USEC. In connection with the investment, Michael S. Taff, Senior Vice President and Chief Financial Officer of B&W, has been elected to USEC's Board of Directors.

B&W and Bechtel Form Alliance to Commercialize World's First Generation III++ SMR Nuclear Plant

14 July 2010

Babcock & Wilcox Nuclear Energy, Inc., (B&W NE) and Bechtel Power Corporation today announced they have entered into a formal alliance to design, license and deploy the world's first commercially viable Generation III++ small modular nuclear power plant. Based on B&W mPower™ small modular reactor (SMR) technology, this new alliance, to be known as Generation mPower, brings together two recognized and established energy industry leaders in engineering, manufacturing and construction. Both Bechtel and B&W are making a substantial commitment in forming Generation mPower. B&W NE is a subsidiary of The Babcock & Wilcox Company.

B&W Consolidates Commercial Nuclear Operations into Single Business Unit

05 April 2010

The Babcock & Wilcox Company (B&W) announces it is combining two of its business units into a single organization to accelerate its growth in the commercial nuclear power sector. Babcock & Wilcox Nuclear Energy, Inc. will be formed through the combination of B&W Nuclear Power Generation Group, Inc. and B&W Modular Nuclear Energy, LLC. Christofer M. Mowry, currently the President and CEO of B&W Modular Nuclear Energy, has been named President of the new organization. The consolidation is expected to be effective in April 2010.

B&W Awarded $9 Million for Medical Isotope Program

25 January 2010

Babcock & Wilcox Technical Services Group, Inc. (B&W TSG) has been awarded approximately $9 million from the National Nuclear Security Administration (NNSA) for the company's medical isotope production program. Awarded under a cooperative agreement, the funding will be used for further development of B&W TSG's patented reactor technology for medical...