Summary
BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally. It operates in three segments: Nuclear Operations Group, Nuclear Power Group, and Nuclear Services Group. The Nuclear Operations Group segment provides precision naval and critical nuclear components, reactors, nuclear fuel, and assemblies for the United States Department of Energy/National Nuclear Security Administration's Naval Nuclear Propulsion Program and other uses; missile launch tubes for United States Navy submarines; close-tolerance and equipment for nuclear applications; and converts Cold War-era government stockpiles of high-enriched uranium, as well as receives, stores, characterizes, dissolves, recovers, and purifies uranium-bearing materials; supplies research reactor fuel elements for colleges, universities, and national laboratories; and components for defense applications. The Nuclear Power Group segment offers commercial nuclear steam generators, nuclear fuel, fuel handling systems, pressure vessels, reactor components, heat exchangers, tooling delivery systems, and containers; engineering and in-plant services for nuclear power plants; designs, manufactures, commissions, and services nuclear power generation equipment; in-plant inspection, maintenance, and modification services, as well as non-destructive examination and tooling/repair solutions; and supplies medical radioisotopes and radiopharmaceuticals for research, diagnostic, and therapeutic uses. The company was formerly known as The Babcock & Wilcox Company and changed its name to BWX Technologies, Inc. in June 2015. BWX Technologies, Inc. was founded in 1867 and is headquartered in Lynchburg, Virginia.
History
BWX Technologies, Inc. has a long and rich history that dates back nearly a century. The company traces its roots to the early days of the U.S. nuclear age, when it was established in 1942 as Babcock & Wilcox Co. Since then, it has evolved into a diversified nuclear technology and engineering services company.
Mission
At BWX Technologies, Inc., our mission is to provide the highest quality nuclear technologies and components that contribute to the safety of our customers and the vitality of their operations.
Vision
Our vision is to be the world’s premier provider of nuclear supplies, components and services. We strive to operate at the highest level of excellence and to use the latest technology to ensure that our customers benefit from the latest advances in nuclear energy.
Key Team
Mr. Mark A. Kratz (VP of Investor Relations)
Mr. Richard W. Loving (Special Advisor)
Mr. Robert L. Duffy (Sr. VP & Chief Admin. Officer)
Dr. Jonathan W. Cirtain Ph.D. (Sr. VP, Chief Devel. Officer and Pres & CEO of BWXT Medical Ltd)
Mr. John R. MacQuarrie (Pres of Commercial Operations Segment)
Ms. Heatherly H. Dukes (Pres of BWXT Technical Services Group Inc)
Ms. Suzanne C. Sterner (Sr. VP & Chief Corp. Affairs Officer)
Recognition and Awards
BWX Technologies, Inc. has been the recipient of numerous awards and accolades, including recognition from the U.S. Nuclear Regulatory Commission, Department of Energy, and Department of Defense. It's consistently ranked among top nuclear industry companies.
References