BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally. Its Nuclear Operations Group segment offers nuclear components, reactors, assemblies, and fuel for the United States Department of Energy/National Nuclear Security Administration's Naval Nuclear Propulsion Program and other uses; close-tolerance equipment for nuclear applications; research reactor fuel elements for colleges, universities, and national laboratories; and components for defense applications. It also provides missile launch tubes for the United States Navy submarines; converts Cold War-era government stockpiles of high-enriched uranium; and receives, stores, characterizes, dissolves, recovers, and purifies uranium-bearing materials. Its Nuclear Services Group segment provides nuclear materials processing, environmental site restoration, and management and operating services for the United States government-owned facilities; develops technology for advanced nuclear power sources application; designs, engineers, licenses, and manufactures advance nuclear reactors; and inspects and services steam generators, heat exchangers, reactors, fuel handling systems, and balance of plants; and provides non-destructive examination and tooling/repair solutions, and nuclear fuel. Its Nuclear Power Group segment offers commercial nuclear steam generators, heat exchangers, pressure vessels, reactor components, and containers; nuclear fuel, fuel handling systems, tooling delivery systems, and related services, as well as engineering and in-plant services for nuclear power plants; and medical radioisotopes and radiopharmaceuticals. It also designs, manufactures, commissions, and services nuclear power generation equipment. The company was formerly known as The Babcock & Wilcox Company and changed its name to BWX Technologies, Inc. in June 2015. The company was founded in 1867 and is headquartered in Lynchburg, Virginia.
IPO Year:
Exchange: NYSE
Website: bwxt.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
11/12/2024 | $148.00 | Neutral → Overweight | Alembic Global Advisors |
7/24/2024 | $75.00 → $90.00 | Equal Weight → Underweight | Barclays |
6/27/2024 | $113.00 | Buy | Janney |
6/26/2024 | $110.00 | Buy | BTIG Research |
6/3/2024 | Buy | CLSA | |
3/25/2024 | $110.00 → $95.00 | Buy → Hold | Truist |
11/3/2023 | $79.00 → $82.00 | Overweight → Neutral | Alembic Global Advisors |
9/28/2023 | $86.00 | Buy | Deutsche Bank |
8/4/2023 | $61.00 → $85.00 | Neutral → Outperform | Robert W. Baird |
12/8/2022 | $64.00 | Underweight → Equal Weight | Barclays |
4 - BWX Technologies, Inc. (0001486957) (Issuer)
4 - BWX Technologies, Inc. (0001486957) (Issuer)
4 - BWX Technologies, Inc. (0001486957) (Issuer)
4 - BWX Technologies, Inc. (0001486957) (Issuer)
4 - BWX Technologies, Inc. (0001486957) (Issuer)
4 - BWX Technologies, Inc. (0001486957) (Issuer)
4 - BWX Technologies, Inc. (0001486957) (Issuer)
4 - BWX Technologies, Inc. (0001486957) (Issuer)
4 - BWX Technologies, Inc. (0001486957) (Issuer)
4 - BWX Technologies, Inc. (0001486957) (Issuer)
John D. Haynes School of Welding Technology Fills Critical Training Need to Support National Defense Priorities BWX Technologies, Inc. (NYSE:BWXT) today announced the opening of the John D. Haynes School of Welding Technology at Mount Vernon High School in Mount Vernon, Indiana. The company, along with the U.S. Navy and the BlueForge Alliance, have invested $500,000 into the new school to help further the educational journeys of students interested in pursuing a career in welding. The welding school provides a direct employment opportunity for students from Mount Vernon High School to BWXT's Nuclear Operations Group in Mount Vernon. Participants can complete their high school degree and p
BWX Technologies, Inc. (NYSE:BWXT) has appointed Vittorio Puppo as president of BWXT Medical Ltd., effective August 12, 2024. In his new role, Puppo will focus on advancing the business' mission to deliver high-quality nuclear medical products and solutions that improve patient outcomes worldwide. Puppo brings a wealth of experience to BWXT Medical, with over 30 years of experience in the areas of imaging, nuclear medicine, radiation therapy and biotech, in both Europe and North America. In his most recent roles, he served as chief operating officer of Radiopharm Theranostics and held various positions with Bracco. These include chief marketing and strategy officer of Bracco Imaging, pres
SMR Supplier Group Will Support Global Deployment of BWRX-300 Design BWXT Canada Ltd., a subsidiary of BWX Technologies, Inc. (NYSE:BWXT), has been selected as the first qualified supply chain company to join the GE Vernova nuclear business' supplier group that will advance the global deployment of the BWRX-300 small modular reactor (SMR). 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 currently under design by GE Vernova's nuclear business, GE Hitachi Nuclear Energy (GEH). Suppliers who meet pre-defined criteria, customer requirements and demonstrate a willingness to internally i
MONTREAL, April 11, 2024 /CNW/ - AtkinsRéalis, a fully integrated professional services and project management company with offices around the world, welcomes BWXT Canada Ltd., a company with over 60 years of expertise and experience in the designing, manufacturing, commissioning, and servicing of nuclear power generation equipment, as a new ambassador in support of the Canadians for CANDU campaign. The Canadians for CANDU campaign was launched on February 28, 2024. Spearheaded by Co-Chairs the Right Honourable Jean Chretien and former Ontario Premier Mike Harris, the campaign
BWX Technologies, Inc. (NYSE:BWXT) announced today that Jan A. Bertsch has been elected as its new chair of the board of directors, effective May 3, 2022, succeeding retiring board chairman John A. Fees. Bertsch has served as an independent director of BWXT since 2013, and she was most recently the chair of its audit and finance committee and a member of the compensation committee. She also serves on the board of directors of Meritor and its audit and governance committees, as well as the board of directors of Regal Rexnord and its audit and compensation committees. "We are extremely fortunate to have someone of Jan's caliber assume this important leadership position for our company," sai
SANTA ANA, Calif., May 12, 2021 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ:TTMI), a leading global printed circuit board ("PCB") and radio frequency ("RF") components and assemblies manufacturer, announced today that Robert E. Klatell has retired from his position as Chairman of the Board and Board member of TTM in accordance with TTM's Corporate Governance Policy that proscribes a mandatory retirement for Directors at the age of 75. Mr. Klatell has served as a Director of our Company since September 2004 and our Chairman of the Board since May 2005. TTM also announced that effective May 12, 2021, Rex D. Geveden has been appointed by the unanimous vote of the remaining D
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BWX Technologies, Inc. (NYSE:BWXT) will issue a press release detailing fourth quarter and full-year 2024 results on Monday, February 24, 2025, after market close and will host a conference call at 5:00 p.m. EST. Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at investors.bwxt.com. The dial-in numbers for participants are (U.S.) 1-888-596-4144 and (International) 1-646-968-2525; conference ID: 8840673. A replay of the call will remain available on the BWXT website for a limited time. About BWXT At BWX Technologies, Inc. (NYSE:BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Virginia, BWXT is a Def
Investment creates a comprehensive portfolio of end-to-end lifecycle services for customers in the small modular reactor and traditional large-scale nuclear reactor markets Expands the company's presence in fast-growing areas, including clean energy, energy security and the rising demand for nuclear technologies BWXT to hold a conference call on January 7, 2025, at 8:30 a.m. E.T. BWX Technologies, Inc. (NYSE:BWXT) today announced that it has entered into an agreement to acquire Kinectrics, Inc., for approximately US$525 million, including assumption of Kinectrics' net pension and debt liabilities, and estimated transaction expenses. Kinectrics is a leader in providing lifecycle ma
3Q24 revenues of $672.0 million 3Q24 net income of $69.6 million, adjusted EBITDA(1) of $127.0 million 3Q24 diluted GAAP EPS of $0.76, non-GAAP(1) EPS of $0.83 Expanding special materials portfolio with announced acquisition of A.O.T., a sole source provider of depleted uranium and finished specialty metals for mission critical defense applications; targeting close by year-end 2024 non-GAAP EPS(1) guidance raised to ~$3.20 Preliminary 2025 guidance for revenue, non-GAAP EPS(1) and adjusted EBITDA(1) to grow mid-to-high-single-digits; free cash flow(1) growth to be sustained at 10% or higher BWX Technologies, Inc. (NYSE:BWXT) ("BWXT", "we", "us" or the "Company") reported third
BWX Technologies, Inc. (NYSE:BWXT) will issue a press release detailing third quarter 2024 results on Monday, November 4, 2024, after market close and will host a conference call at 5:00 p.m. EST. Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at www.bwxt.com/investors. The dial-in numbers for participants are (U.S.) 1-888-596-4144 and (International) 1-646-968-2525; conference ID: 4276735. A replay of the call will remain available on the BWXT website for a limited time. About BWXT At BWX Technologies, Inc. (NYSE:BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Virginia, BWXT is a Defense News Top 1
2Q24 revenues of $681.5 million 2Q24 net income of $73.0 million, adjusted EBITDA(1) of $126.2 million 2Q24 diluted GAAP EPS of $0.79, non-GAAP(1) EPS of $0.82 BWXT-led JV awarded management and operations contract for the NNSA's Pantex Plant 2024 non-GAAP EPS(1) guidance revised to $3.10-$3.20 BWX Technologies, Inc. (NYSE:BWXT) ("BWXT", "we", "us" or the "Company") reported second quarter 2024 results. A reconciliation of non-GAAP results are detailed in Exhibit 1. "Second quarter results were ahead of our expectations driven by strong organic growth and crisp execution across our business lines," said Rex. D Geveden. "Our solid year-to-date performance provides us th
BWX Technologies, Inc. (NYSE:BWXT) will issue a press release detailing second quarter 2024 results on Monday, August 5, 2024, after market close and will host a conference call at 5:00 p.m. EDT. Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at www.bwxt.com/investors. The dial-in numbers for participants are (U.S.) 1-888-596-4144 and (International) 1-646-968-2525; conference ID: 7880317. A replay of the call will remain available on the BWXT website for a limited time. About BWXT At BWX Technologies, Inc. (NYSE:BWXT), we are People Strong, Innovation Driven. A U.S.-based company, BWXT is a Fortune 1000 and Defense News To
1Q24 revenues of $604.0 million 1Q24 net income of $68.5 million, adjusted EBITDA(1) of $115.2 million 1Q24 diluted GAAP EPS of $0.75, non-GAAP(1) EPS of $0.76 Announced expansion of Cambridge manufacturing plant; enhancing capabilities to serve the global CANDU and Small Modular Reactor markets Reaffirms 2024 non-GAAP EPS(1) guidance of $3.05-$3.20 BWX Technologies, Inc. (NYSE:BWXT) ("BWXT", "we", "us" or the "Company") reported first quarter 2024 results. A reconciliation of non-GAAP results are detailed in Exhibit 1. "We started 2024 with solid operating results in each of our business segments, both financially and strategically," said Rex. D. Geveden, president and ch
C$80 million investment will create more than 200 new jobs in Ontario One of North America's largest commercial nuclear manufacturers to get even bigger, driven by increasing demand for clean nuclear energy BWX Technologies, Inc. (NYSE:BWXT) announced today an investment to expand its Cambridge manufacturing plant. Already one of the largest nuclear commercial manufacturing facilities in North America, the site's increased footprint will enable greater capacity to support ongoing and anticipated customers' investments in Small Modular Reactors, traditional large-scale nuclear and advanced reactors, in Canada and around the world. The expansion, estimated to cost C$50 million, will inc
BWX Technologies, Inc. (NYSE:BWXT) will issue a press release detailing first quarter 2024 results on Monday, May 6, 2024, after market close and will host a conference call at 5:00 p.m. EDT. Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at www.bwxt.com/investors. The dial-in numbers for participants are (U.S.) 1-888- 550-5326 and (International) 1-646-960-0829; conference ID: 5948806. A replay of the call will remain available on the BWXT website for a limited time. About BWXT At BWX Technologies, Inc. (NYSE:BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Virginia, BWXT is a Defense News Top 10
4Q23 diluted GAAP EPS of $0.72, diluted non-GAAP(1) EPS of $1.01, on revenue of $725.5 million 4Q23 net income of $66.3 million, adjusted EBITDA(1) of $147.6 million 2023 diluted GAAP EPS of $2.68, diluted non-GAAP(1) EPS of $3.02, on revenue of $2.5 billion 2023 net income of $246.3 million, adjusted EBITDA(1) of $471.9 million 2023 operating cash flow of $363.7 million, free cash flow(1) of $212.4 million Initiates 2024 guidance for Non-GAAP EPS of $3.05-$3.20, adjusted EBITDA(1) of ~$500 million To host Investor Day on Wednesday, February 28, 2024 BWX Technologies, Inc. (NYSE:BWXT) ("BWXT", "we", "us" or the "Company") reported fourth quarter and full year 2023 resu
BWX Technologies, Inc. (NYSE:BWXT) will issue a press release detailing fourth quarter and full-year 2024 results on Monday, February 24, 2025, after market close and will host a conference call at 5:00 p.m. EST. Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at investors.bwxt.com. The dial-in numbers for participants are (U.S.) 1-888-596-4144 and (International) 1-646-968-2525; conference ID: 8840673. A replay of the call will remain available on the BWXT website for a limited time. About BWXT At BWX Technologies, Inc. (NYSE:BWXT), we are People Strong, Innovation Driven. Headquartered in Lynchburg, Virginia, BWXT is a Def
Investment creates a comprehensive portfolio of end-to-end lifecycle services for customers in the small modular reactor and traditional large-scale nuclear reactor markets Expands the company's presence in fast-growing areas, including clean energy, energy security and the rising demand for nuclear technologies BWXT to hold a conference call on January 7, 2025, at 8:30 a.m. E.T. BWX Technologies, Inc. (NYSE:BWXT) today announced that it has entered into an agreement to acquire Kinectrics, Inc., for approximately US$525 million, including assumption of Kinectrics' net pension and debt liabilities, and estimated transaction expenses. Kinectrics is a leader in providing lifecycle ma
L3Harris Technologies (NYSE:LHX) has completed the sale of its specialized materials business, Aerojet Ordnance Tennessee, Inc. (A.O.T.), to BWX Technologies, Inc. (NYSE:BWXT) for approximately $100 million. The deal aligns with L3Harris' multi-year strategy to optimize its portfolio and deliver on commitments to customers and shareholders. A.O.T. is the sole provider of depleted uranium to the U.S. government and produces advanced specialized metal components for defense, aerospace and commercial products. The business is located in Tennessee and currently employs less than 100 people. About L3Harris Technologies L3Harris Technologies is the Trusted Disruptor in the defense industr
BWX Technologies, Inc. (NYSE:BWXT) announced today that it has successfully completed its acquisition of L3Harris' Aerojet Ordnance Tennessee, Inc. (A.O.T.) business as of January 3, 2025. "The addition of A.O.T. to BWXT's Nuclear Operations Group underscores our commitment to enhancing and growing our special materials portfolio to better serve our customers," said Rex D. Geveden, BWXT president and chief executive officer. "We are thrilled to welcome this talented team to BWXT and look forward to the important contributions they will make to our mission of ensuring national security." A.O.T. is a leading provider of advanced specialty materials, fabrication and high-strength alloy man
Agreement Expands Capability to Supply Carbon-Free Energy to the World BWXT Canada, Ltd. ("BWXT"), a subsidiary of BWX Technologies, Inc., and Westinghouse Electric Company announced today that they have signed a memorandum of understanding (MOU) to support nuclear new-build projects in Canada and globally. Under the agreement, BWXT has the potential to manufacture key AP1000® and AP300™ reactor components, including steam generators, reactor vessels, pressure vessels and heat exchangers. "This partnership will expand the power of clean energy around the globe," said John MacQuarrie, president of BWXT Commercial Operations. "In addition to our highly-skilled Canadian workforce and decad
BWX Technologies, Inc. (NYSE:BWXT) is pleased to announce an award from the U.S. Department of Energy for cleanup operations at the West Valley Demonstration Project in West Valley, New York. The Phase 1B contract was awarded to West Valley Cleanup Alliance, LLC (WVCA), which is a joint venture led by BWXT Technical Services Group, Inc. and includes Jacobs Technology, Inc. and Geosyntec Consultants, Inc. WVCA also includes teaming subcontractors Perma-Fix Environmental Services, Inc. and North Wind Portage, Inc. The IDIQ contract has a 10-year ordering period with a maximum value of up to $3.0 billion that can be performed for up to 15 years. Under the contract, WVCA will continue the
3Q24 revenues of $672.0 million 3Q24 net income of $69.6 million, adjusted EBITDA(1) of $127.0 million 3Q24 diluted GAAP EPS of $0.76, non-GAAP(1) EPS of $0.83 Expanding special materials portfolio with announced acquisition of A.O.T., a sole source provider of depleted uranium and finished specialty metals for mission critical defense applications; targeting close by year-end 2024 non-GAAP EPS(1) guidance raised to ~$3.20 Preliminary 2025 guidance for revenue, non-GAAP EPS(1) and adjusted EBITDA(1) to grow mid-to-high-single-digits; free cash flow(1) growth to be sustained at 10% or higher BWX Technologies, Inc. (NYSE:BWXT) ("BWXT", "we", "us" or the "Company") reported third
BWX Technologies, Inc. (NYSE:BWXT) and L3Harris Technologies, Inc. (NYSE:LHX) today announced the signing of a purchase agreement for BWXT to acquire L3Harris' Aerojet Ordnance Tennessee, Inc. (A.O.T.) business for approximately $100 million. A.O.T. is a leading provider of advanced specialty materials, fabrication and high-strength alloy manufacturing, including depleted uranium engineered materials. A.O.T. will further enhance BWXT's capabilities to develop and manufacture advanced materials and products for commercial, military and space applications. "With decades of experience in specialized materials and metallurgy, A.O.T. brings exciting resources and expertise to BWXT," said Rex G
BWX Technologies, Inc. (NYSE:BWXT) and L3Harris Technologies, Inc. (NYSE:LHX) today announced the signing of a purchase agreement for BWXT to acquire L3Harris' Aerojet Ordnance Tennessee, Inc. (A.O.T.) business for approximately $100 million. A.O.T. is a leading provider of advanced specialty materials, fabrication and high-strength alloy manufacturing, including depleted uranium engineered products. A.O.T. will further enhance BWXT's capabilities to develop and manufacture advanced materials and products for commercial, military and space applications. "With decades of experience in specialized materials and metallurgy, A.O.T. brings exciting resources and expertise to BWXT," said Rex Ge
John D. Haynes School of Welding Technology Fills Critical Training Need to Support National Defense Priorities BWX Technologies, Inc. (NYSE:BWXT) today announced the opening of the John D. Haynes School of Welding Technology at Mount Vernon High School in Mount Vernon, Indiana. The company, along with the U.S. Navy and the BlueForge Alliance, have invested $500,000 into the new school to help further the educational journeys of students interested in pursuing a career in welding. The welding school provides a direct employment opportunity for students from Mount Vernon High School to BWXT's Nuclear Operations Group in Mount Vernon. Participants can complete their high school degree and p
8-K - BWX Technologies, Inc. (0001486957) (Filer)
SCHEDULE 13G/A - BWX Technologies, Inc. (0001486957) (Subject)
10-Q - BWX Technologies, Inc. (0001486957) (Filer)
8-K - BWX Technologies, Inc. (0001486957) (Filer)
10-Q - BWX Technologies, Inc. (0001486957) (Filer)
8-K - BWX Technologies, Inc. (0001486957) (Filer)
SD - BWX Technologies, Inc. (0001486957) (Filer)
8-K/A - BWX Technologies, Inc. (0001486957) (Filer)
10-Q - BWX Technologies, Inc. (0001486957) (Filer)
8-K - BWX Technologies, Inc. (0001486957) (Filer)
Alembic Global Advisors upgraded BWX Technologies from Neutral to Overweight and set a new price target of $148.00
Barclays downgraded BWX Technologies from Equal Weight to Underweight and set a new price target of $90.00 from $75.00 previously
Janney initiated coverage of BWX Technologies with a rating of Buy and set a new price target of $113.00
BTIG Research initiated coverage of BWX Technologies with a rating of Buy and set a new price target of $110.00
CLSA initiated coverage of BWX Technologies with a rating of Buy
Truist downgraded BWX Technologies from Buy to Hold and set a new price target of $95.00 from $110.00 previously
Alembic Global Advisors downgraded BWX Technologies from Overweight to Neutral and set a new price target of $82.00 from $79.00 previously
Deutsche Bank initiated coverage of BWX Technologies with a rating of Buy and set a new price target of $86.00
Robert W. Baird upgraded BWX Technologies from Neutral to Outperform and set a new price target of $85.00 from $61.00 previously
Barclays upgraded BWX Technologies from Underweight to Equal Weight and set a new price target of $64.00