BWX Technologies, Inc.
BWX Technologies, Inc. (BWXT) is a leading manufacturing and engineering innovator headquartered in Lynchburg, Virginia. The company's core business revolves around providing safe and effective nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine, and space exploration. BWXT's mission is to deliver innovative nuclear solutions to create a better world, operating under the motto "People Strong, Innovation Driven."
BWXT specializes in a diverse range of nuclear products and services. It is the sole manufacturer of naval nuclear reactors and fuel for U.S. submarines and aircraft carriers. The company also designs and manufactures commercial nuclear steam generators, heat exchangers, pressure vessels, and components for the commercial nuclear power industry, including equipment for spent nuclear fuel storage. Additionally, BWXT is involved in medical radioisotope production, microreactors for defense and space applications, and uranium enrichment. Its operations are segmented into Government Operations, serving entities like the U.S. Naval Nuclear Propulsion Program, and Commercial Operations, catering to the broader nuclear energy market.
Under the leadership of President and CEO Rex D. Geveden, BWXT has demonstrated strong financial performance, reporting an 18% increase in revenue and a 20% rise in earnings per share for 2025. The company's year-end 2025 backlog reached $7.3 billion, marking a 50% increase from the previous year. Recent strategic moves include the acquisition of Precision Components Group in April 2026 to bolster heavy manufacturing capacity and engagement with the NRC for licensing a new defense nuclear fuel facility. BWXT is actively expanding its international presence through acquisitions like AOT and Kinectrics, securing significant contracts such as a $1.6 billion project in Bulgaria. The company is well-positioned in the growing market for nuclear solutions across defense, clean energy, and medical sectors, including leadership in the small modular reactor (SMR) sector.
Latest updates
