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News Releases

BWXT Subsidiary Awarded Six-Year, $505 Million Contract for Highly Enriched Uranium Downblending Services

27 September 2018

BWX Technologies, Inc. announced today that its Nuclear Fuel Services, Inc. subsidiary was awarded a contract valued at $505 million for the downblending of 20.2 metric tons of highly enriched uranium to produce low enriched uranium suitable for use as commercial nuclear reactor fuel and for national defense programs.


BWXT Announces Executive Leadership Team

12 August 2015

BWX Technologies, Inc. (NYSE:BWXT) is pleased to announce the Company’s executive leadership team following the successful spin-off of the Power Generation business on June 30, 2015.


BWXT's Carter Named to Virginia Nuclear Energy Consortium Authority

08 July 2015

Regina W. Carter, Vice President of Government Affairs and Communications for BWX Technologies, Inc., (BWXT), has been appointed by Virginia Governor Terry McAuliffe to serve on the Virginia Nuclear Energy Consortium Authority.


BWXT Completes Spin-Off of Power Generation Business

30 June 2015

(LYNCHBURG, VA – July 1, 2015) – BWX Technologies, Inc. (BWXT) (NYSE:BWXT) has completed the spin-off of its Power Generation business and will begin trading today on the New York Stock Exchange under the new ticker symbol “BWXT.”


B&W Announces Intention to Spin-off Its Power Generation Business

05 November 2014

Consistent with The Babcock & Wilcox Company’s (NYSE: BWC) (“B&W” or the “Company”) strategy and focus on enhancing value for its shareholders, B&W’s Board of Directors has unanimously approved a plan for the tax-free spin-off of the Company’s Power Generation business to B&W’s shareholders.


B&W Evaluating a Separation of its Businesses

01 October 2014

The Babcock & Wilcox Company (B&W) (NYSE:BWC) today announced that its Board of Directors is evaluating the separation of the Company’s Power Generation Business and Government & Nuclear Operations Business into two publicly traded companies. The Board’s goal is to determine whether a separation creates the opportunity for enhanced shareholder value and business focus. B&W has retained JPMorgan as its financial advisor and Wachtell, Lipton, Rosen & Katz and Jones Day as legal advisors to assist in this process.


B&W Previews New South Florida Waste-to-Energy Plant For Congressman Patrick Murphy

28 August 2014

The Babcock & Wilcox Company (B&W) (NYSE: BWC) today hosted Congressman Patrick Murphy (D-FL-18) for a tour of the Solid Waste Authority of Palm Beach County Renewable Energy Park, including the country’s first new waste-to-energy (WtE) plant to be built since 1995. As a reliable and non-intermittent source of renewable energy with the most modern environmental control equipment, WtE technology is poised to be a much larger part of America’s energy mix, particularly in the context of the EPA’s new rules on carbon emissions from power plants.


B&W Awards Scholarships to 12 Outstanding Local Students

18 July 2014

The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that 12 high school students who have a parent working for B&W were selected to receive college scholarships.


B&W's New Innovative Nuclear Inspection Robot Earns Industry Qualifications

12 June 2014

Babcock & Wilcox Nuclear Energy, Inc.(B&W Nuclear Energy), a subsidiary of The Babcock & Wilcox Company (B&W) (NYSE:BWC), has earned the qualifications necessary to use its ARCHER™ robot, designed by INETEC, to perform inspections on nuclear reactor vessel closure heads.


DOE Contractor LATA Kentucky Exceeds 2.5 Million Safe Work Hours

24 April 2014

U.S. Department of Energy prime contractor LATA Environmental Services of Kentucky credits the diligence of its workers for safely completing 3½ years of facility demolition and environmental cleanup at the Paducah Gaseous Diffusion Plant.