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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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect BWX Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary

BWXT named the first member of GE Vernova Nuclear's small modular reactor (SMR) supplier group

BWXT Canada , a subsidiary of BWX Technologies, Inc., has been selected as the first qualified supply chain company to join the GE Vernova Nuclear's supplier group to advance the global deployment of the BWRX-300 small modular reactor. The purpose of the supplier group is to ensure a reliable, cost-effective, and innovative process for the manufacture and commercialization of the BWRX-300. BWXT is already engaged with GEH on an engineering contract for its BWRX-300 reactor pressure vessel for Ontario Power Generation's Darlington New Nuclear Project. The company plans to increase the site's manufacturing capacity by 50 percent for large components and to invest in advanced manufacturing equipment over the next few years. Additionally, the BWRX-300 is designed to reduce construction and operating costs by leveraging existing fuel, plant simplifications, proven components, and a design based on an NRC-certified reactor design. The collaboration between GE Vernova's power businesses and Ontario Power Generation is expected to strengthen Ontario's position at the forefront of the nuclear industry, fostering economic growth and job creation.

Rhea-AI Impact
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1.04%
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BWXT announces an expansion of its Cambridge manufacturing plant with an investment of C$80 million to support the global nuclear power market. The expansion will create over 200 new jobs in Ontario. The investment aims to increase capacity significantly, improve productivity, and serve customers in producing safe, clean, and reliable electricity in Canada and abroad. The project is estimated to be completed by mid-2026.
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-2.01%
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BWXT and Rolls-Royce secure funding for Phase 2 of the UK Space Agency's International Bilateral Fund to collaborate on fission nuclear systems for space power missions. The $1.5 million award supports UK and U.S. space nuclear development programs, enhancing space technology innovation and collaboration between the two countries.
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-0.76%
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BWXT Technologies, Inc. (BWXT) will release its first quarter 2024 results on May 6, 2024, after market close. The company will host a conference call at 5:00 p.m. EDT for investors and analysts to discuss the financial performance. Listen-only participants can join via the Internet or dial-in. The call replay will be available on the BWXT website.
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BWXT Releases 2024 Sustainability Report Highlighting Commitment to Nuclear Technology and Corporate Social Responsibility
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-1.87%
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BWXT Technologies, Inc. secures a $45 billion contract from the U.S. Department of Energy for environmental management operations at the Hanford Site in Washington. The 10-year contract involves the Hanford Integrated Tank Disposition Contract awarded to Hanford Tank Waste Operations & Closure, LLC, a joint venture led by BWXT. This significant award showcases BWXT's technical capabilities in environmental restoration sites and commitment to supporting DOE's environmental stewardship and national security efforts.
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0.44%
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BWX Technologies, Inc. (BWXT) hosts Investor Day to discuss business strategies and growth outlook. Management including CEO Rex Geveden will present. The company will also participate in the Closing Bell Ceremony at NYSE.
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12.87%
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BWXT Technologies, Inc. (BWXT) reported strong financial results for Q4 2023 and full year 2023, with record revenue, net income, and adjusted EBITDA. The company initiated 2024 guidance, expecting continued growth and positive momentum. BWXT also highlighted key achievements in 2023, such as labor force expansion, new program wins, and improved performance in various segments.
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12.87%
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BWX Technologies, Inc. (BWXT) secures a $122 million contract extension for downblending highly enriched uranium into low enriched uranium for the Tennessee Valley Authority. The extension spans from July 2025 to June 2027, supporting the National Nuclear Security Administration's defense programs objectives.
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3.02%
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BWX Technologies, Inc. (BWXT) will release its fourth quarter and full-year 2023 results on February 27, 2024, followed by a conference call and an Investor Day on February 28, 2024. The company encourages participants to join the call and view the presentation online. The event will feature presentations by BWXT's President and CEO, CFO, and other leaders, followed by a live Q&A session. In-person attendance for the Investor Day is by invitation only.
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0.18%
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BWX Technologies, Inc.

NYSE:BWXT

BWXT Rankings

BWXT Stock Data

8.73B
90.86M
0.37%
97.56%
0.97%
Engineering Services
Professional, Scientific, and Technical Services
Link
United States of America
LYNCHBURG

About BWXT

bwx technologies, inc. is a leading supplier of nuclear components and fuel to the u.s. government; provides technical, management and site services to support governments in the operation of complex facilities and environmental remediation activities; and supplies precision manufactured components and services for the commercial nuclear power industry. bwxt has more than 5,200 employees and significant operations in lynchburg, virginia; erwin, tennessee; mount vernon, indiana; euclid, ohio; barberton, ohio; and cambridge, ontario, canada, as well as more than a dozen u.s. department of energy sites around the country.