BWXT 📈 BWX Technologies - Overview

BWX Technologies, Inc. is a leading manufacturer of nuclear components, operating across the United States, Canada, and internationally through its subsidiaries. The company's operations are divided into two primary segments: Government Operations and Commercial Operations. The Government Operations segment is responsible for designing and manufacturing a range of naval nuclear components, including reactors and nuclear fuel, as well as supplying proprietary valves, manifolds, and fittings to naval and commercial shipping customers. Additionally, this segment engages in the manufacture of close-tolerance equipment for nuclear applications, down blending government stockpiles of uranium, and providing research reactor fuel elements for academic and research institutions.

The Government Operations segment also plays a critical role in the management of uranium-bearing materials, including receipt, storage, characterization, dissolution, recovery, and purification. Furthermore, it supplies components for defense applications, underscoring the company's commitment to supporting national security initiatives. In contrast, the Commercial Operations segment focuses on the design and manufacture of commercial nuclear steam generators, heat exchangers, pressure vessels, and reactor components, as well as auxiliary equipment such as containers for the storage of nuclear fuel and other high-level nuclear waste.

Within the Commercial Operations segment, BWX Technologies, Inc. offers a range of services and products tailored to the needs of CANDU nuclear power plants, including nuclear fuel, fuel handling systems, and precisely machined components. The company also provides in-plant inspection, maintenance, and modification services, leveraging its expertise in non-destructive examination and tooling/repair solutions. Moreover, BWX Technologies, Inc. has diversified its operations to include the manufacture of medical radioisotopes, radiopharmaceuticals, and medical devices, highlighting its capacity to adapt to evolving market demands.

Originally founded in 1867 as The Babcock & Wilcox Company, BWX Technologies, Inc. underwent a name change in June 2015, marking a significant milestone in its evolution. Headquartered in Lynchburg, Virginia, the company is listed on the New York Stock Exchange (NYSE) under the ticker symbol BWXT, with its common stock classified under the Aerospace & Defense sub-industry. For more information, investors and stakeholders can visit the company's website at https://www.bwxt.com, or reference its ISIN code: US05605H1005.