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BWX Technologies, Inc. reports developments tied to its nuclear manufacturing, engineering, and services businesses for government and commercial customers. Recurring updates include U.S. Naval Nuclear Propulsion Program contracts, long-lead reactor and component manufacturing, commercial nuclear equipment, and work connected to nuclear fuel and uranium-enrichment capabilities.
Company news also covers operating and financial results for its Government Operations and Commercial Operations segments, capital actions, governance changes, and regulatory engagement involving nuclear licensing. BWXT’s recurring business themes span global security, clean energy, nuclear medicine, space exploration, and environmental restoration.
BWX Technologies (NYSE: BWXT) appointed Dan Jablonsky to its board of directors effective March 2, 2026; he will also join the board’s audit and finance committee.
Jablonsky previously served as CEO and chairman of Ursa Major and led Maxar through a turnaround culminating in a $6.4 billion take‑private acquisition. BWXT is a U.S.‑based company with approximately 10,000 employees and 17 manufacturing facilities, focused on nuclear solutions for security, clean energy, medicine and space.
BWXT (NYSE: BWXT) named Kurt Bender senior vice president and chief digital officer effective Feb. 5, 2026. He will lead BWXT’s integrated digital strategy across the U.S., Canada and the U.K., and succeeds Omar Meguid, the company’s first chief digital officer appointed in 2023.
Bender previously led IT applications, quality and continuous improvement at BWXT and has more than 22 years of digital transformation experience in aerospace, defense and technology. BWXT also opened a new Digital Center in Melbourne, Florida to accelerate transformation.
BWXT (NYSE: BWXT) reports progress producing TRISO nuclear fuel compacts for Antares Nuclear to support a July 4 reactor criticality goal. Fuel fabrication began in October and remains on track for timely completion, with manufacturing at BWXT’s Lynchburg Specialty Fuels Fabrication facility and BWXT supplying HALEU oxide to DOE programs.
BWXT also shipped over 100 kilograms of purified HALEU oxide and supplied TRISO compacts to Project Pele and national labs, while noting regulatory and commercialization risks in forward-looking disclosures.
BWXT (NYSE: BWXT) opened an 11,600-square-foot Digital Center in Melbourne, Florida on February 4, 2026, to centralize digital transformation across its enterprise.
The facility focuses on Digital Transformation, Smart Operations, AI and Automation, and Cybersecurity, supports 40+ employees and came online seven months after project start.
BWX Technologies (NYSE: BWXT) opened its Centrifuge Manufacturing Development Facility (CMDF) in Oak Ridge, Tennessee on January 26, 2026, advancing a domestic uranium enrichment capability for U.S. national security.
The CMDF is part of a program under a $1.5 billion Department of Energy/NNSA contract awarded in September and moved from groundbreaking in late June to operational in seven months. The site houses precision manufacturing, testing infrastructure and about 100 skilled employees today, with plans to scale as production readiness advances. The company cautions that timing, regulatory approvals and IP protection remain risks.
BWXT (NYSE: BWXT) delivered a full core of TRISO particle nuclear fuel to Idaho National Laboratory for the Project Pele 1.5-megawatt transportable microreactor prototype. BWXT manufactured and shipped the fuel from its Lynchburg facilities, drawing on more than 20 years of TRISO fuel design and manufacturing experience.
The Pele prototype is being constructed at BWXT’s Innovation Campus in Lynchburg and will be shipped to INL for assembly and testing, with formal system testing planned as early as 2027. Project Pele is a Generation IV high-temperature gas-cooled microreactor designed to fit into four standard shipping containers.
BWXT (NYSE: BWXT) will serve as Owner’s Engineer in a three-party consortium for Bulgaria’s Kozloduy New Build Units 7 & 8, a program planning two Westinghouse AP1000 reactors. The full contract spans approximately ten years and is valued at hundreds of millions of euros. The consortium’s first phase is ~12 months of front-end engineering, procurement and constructability support ahead of a potential Final Investment Decision. The first AP1000 unit is scheduled to begin producing electricity by 2035. The OE role emphasizes technical oversight, safety, regulatory compliance, and use of local workforce (30% Bulgarian specialists).
BWX Technologies (NYSE: BWXT) named Toby Smith senior vice president and general counsel effective November 6, 2025. Smith will oversee legal, regulatory and compliance matters across the enterprise and succeeds Ronald (Chip) Whitford, who is expected to remain in an advisory capacity through early 2026.
Smith brings more than 20 years of legal experience, including in-house roles at the former United Technologies and Otis, where he oversaw SEC and NYSE compliance, corporate governance, sustainability and internal audit functions. BWXT is a U.S.-based company with nearly 10,000 employees focused on nuclear solutions for national security, clean energy, medicine and space.
BWX Technologies (NYSE: BWXT) priced an upsized private offering of $1.1 billion 0% convertible senior notes due 2030, increased from $1.0 billion, expected to close on November 10, 2025. The notes carry an initial conversion price of $262.51 (≈32.5% premium) and an initial conversion rate of 3.8094 shares per $1,000. BWXT entered capped call transactions with an initial cap of $396.24 (≈100% premium). Estimated net proceeds are ≈$1,075.3 million (or ≈$1,221.9 million if the $150 million option is exercised), with ≈$830.8 million earmarked to repay the existing credit facility and ≈$116.1 million to fund capped call costs. BWXT expects a new $1.25 billion five-year revolver concurrently.
BWX Technologies (NYSE: BWXT) announced an intended offering of $1.0 billion aggregate principal amount of convertible senior notes due November 1, 2030, with an initial purchaser option for up to an additional $150.0 million. Proceeds are expected to fund capped call transactions, repay in full the existing credit facility and for general corporate purposes.
BWXT also expects to enter a new five-year $1.25 billion senior secured revolving credit facility. Interest rate, initial conversion rate and final terms will be set at pricing.