Bwx Technologies Inc Stock Price, News & Analysis

BWX Technologies (NYSE: BWXT) has appointed Mike T. Fitzgerald as its permanent Chief Financial Officer, following his interim CFO role since May 12, 2025. Fitzgerald, who joined BWXT in 2022 as vice president of finance and chief accounting officer, brings significant experience from his previous roles at MorganFranklin's aerospace and defense practice and Deloitte & Touche.

The appointment comes after Fitzgerald's successful tenure as interim CFO, during which he demonstrated strong strategic vision and deep business understanding, according to BWXT CEO Rex Geveden. Notably, Fitzgerald received a rising star award from the Northern Virginia Technology Council in 2024 for his financial leadership at BWXT.

BWX Technologies (NYSE:BWXT) has begun manufacturing the reactor core for Project Pele, a 1.5-megawatt transportable microreactor for the Department of Defense. The innovative reactor, designed to fit in four 20-foot shipping containers, will provide reliable power for military bases for up to three years without refueling.

The project involves key partnerships with Rolls-Royce developing the power conversion module and Northrop Grumman providing the control module. The reactor will use TRISO fuel, a specialized HALEU fuel designed for extreme heat conditions. Project Pele aligns with Executive Order 14299, which mandates the operation of a nuclear reactor at a domestic military base by September 30, 2028.

BWX Technologies (NYSE:BWXT) has achieved a significant milestone in advanced nuclear fuel manufacturing with the completion of a chemical vapor infiltration (CVI) furnace installation. This advancement enables BWXT to produce enhanced TRISO nuclear fuel, described by the DOE as "the most robust nuclear fuel on Earth."

The new capability allows BWXT to load Uranium Nitride TRISO into additively manufactured fuel forms, resulting in higher uranium mass per unit volume than traditional TRISO compacts. This innovation promises more cost-effective fuel with longer reactor lifespans. The company currently produces both Uranium Oxy Carbide TRISO for Project Pele and UN TRISO for the Advanced Reactor Demonstration Program (ARDP), with plans to expand production to support the BWXT Advanced Nuclear Reactor (BANR) program.

BWX Technologies (NYSE: BWXT) has secured significant U.S. Naval Nuclear Propulsion Program contracts worth approximately $2.6 billion, including future year options, for manufacturing naval nuclear reactor components. The contracts primarily support Virginia and Columbia-class submarines and Ford-class aircraft carrier components, with deliveries scheduled over the next 6-8 years.

These new contracts build upon the $2.1 billion in awards announced in February. BWXT, with facilities across Ohio, Indiana, Tennessee, and Virginia, manufactures and assembles highly complex naval nuclear reactors, including large components, finely machined parts, and highly enriched uranium fuel.

BWX Technologies (NYSE:BWXT) has scheduled its second quarter 2025 earnings release and conference call for Monday, August 4, 2025. The company will release results after market close, followed by a conference call at 5:00 p.m. EDT.

Participants can join via webcast at investors.bwxt.com or by phone using the following dial-in numbers: (U.S.) 1-888-596-4144 and (International) 1-646-968-2525 with conference ID: 3934110.

BWXT is a Fortune 1000 and Defense News Top 100 company specializing in nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine, and space exploration. The company employs nearly 10,000 people across 20 major operating sites in the U.S., Canada, and the U.K.

BWX Technologies (NYSE: BWXT) has announced significant leadership changes to strengthen its nuclear operations. Kevin M. McCoy, former president of Government Operations, has been appointed as chief nuclear officer to support submarine production programs for the U.S. Navy. McCoy brings over 40 years of leadership experience, including serving as U.S. Navy chief engineer and NAVSEA commander. Joseph K. Miller, who led BWXT Advanced Technologies to achieve 10x growth in program content, succeeds McCoy as president of Government Operations. Katherine (Kate) Haggerty Kelly has been promoted to president of BWXT Advanced Technologies, bringing her expertise in space and emerging programs to the role. These strategic appointments aim to enhance BWXT's capabilities in nuclear solutions for global security, clean energy, and space exploration across its 20 major operating sites.

BWX Technologies (NYSE: BWXT) has been awarded a major contract to lead the management and operation of Canadian Nuclear Laboratories Ltd. through Nuclear Laboratory Partners of Canada Inc. (NLPC). The contract, valued at C$1.2 billion annually, has an initial term of six years with potential extensions up to 20 years based on performance. The NLPC joint venture, comprising BWXT, Kinectrics, and Amentum, with Battelle as a key subcontractor, will assume control of CNL on September 13, 2025. CNL, Canada's premier nuclear science and technology organization, focuses on developing peaceful nuclear applications, including clean energy sources, nuclear medicine innovations, and environmental protection. The Chalk River Laboratories, the largest complex within Canada's science and technology infrastructure, includes multiple licensed nuclear facilities and over 50 specialized facilities.

KINECTRICS, a division of BWXT (NYSE: BWXT), has signed a contract with HIGHVOLT to purchase 10 mobile resonant test systems (RTS), marking the largest single order for this testing technology. This multi-million-dollar investment positions KINECTRICS as the largest independent global provider of on-site high-voltage (HV) cable testing services. The expansion aims to support the growing demand in renewable energy construction projects, which is expected to quadruple the HV cables market. The company provides critical commissioning testing services for HV AC cables following IEC standards, helping identify installation-related defects and prevent costly failures. KINECTRICS leverages its 30-year expertise in field commissioning tests and maintains leadership through diagnostic technology advancements and contributions to international standards.

BWX Technologies (NYSE: BWXT) has completed its acquisition of Kinectrics, Inc. on May 20, 2025. The strategic acquisition significantly enhances BWXT's capabilities in the commercial nuclear power market and medical isotopes sector. Kinectrics provides nuclear power plant lifecycle support services, particularly for CANDU reactors, and serves the transmission and distribution markets along with radiopharmaceutical isotope production.

The acquisition nearly doubles BWXT's Commercial Operations group workforce and expands its product and service portfolio. Kinectrics will operate as a BWXT subsidiary within the Commercial Operations segment, with David Harris continuing as president & CEO, reporting to BWXT Commercial Operations president John MacQuarrie.