Archive

BWX Technologies

A manufacturer of naval nuclear reactors and components, and a major supplier of enriched uranium products and services to the U.S. government.

  • BWXT Naval Nukes Help Power 2019 Earnings

    Energy Department contractor BWX Technologies took in $501 million of revenue during the fourth quarter of 2019, a 5% uptick over $478 million a year earlier. In addition, the Lynchburg, Va.-based company reported late Monday that revenue of nearly $1.9 billion for the 12 months ended Dec. 31 set a new record and represented a […]

  • BWXT Chief Touts Robust Project Pipeline

    While BWX Technologies lost out on a multibillion-dollar remediation contract at the Hanford Site in Washington state, President and CEO Rex Geveden said Tuesday he is optimistic about a “robust” pipeline of potential Energy Department projects. “Unfortunately, we were not awarded the Hanford Central Plateau Cleanup contract,” Geveden said during the Lynchburg, Va.-based company’s quarterly […]

  • Fluor-BWXT Poised to Get 2 More Years at Portsmouth

    The Energy Department said Feb. 21 it intends to extend its contractual arrangement for decommissioning of the Portsmouth Site in Ohio with vendor Fluor-BWXT by up to two years. The DOE Office of Environmental Management intends to negotiate a sole-source 12-month extension with two six-month options, according to a notice posted on a federal procurement […]

  • BWXT Touts Milestone in Mo-99 Production, Notes Schedule Slip

    BWX Technologies said this week it had reached a significant milestone in preparing for production and commercialization of the medical isotope molybdenum-99 (Mo-99), while acknowledging that its overall program has fallen behind schedule. Based in Lynchburg, Va., the company is best known as a manufacturer of naval reactors and contractor for the Department of Energy. […]

  • BWXT Chief Sees ‘Robust’ DOE Contract Pipeline

    While BWX Technologies lost out on a multibillion-dollar remediation contract at the Hanford Site in Washington state, President and CEO Rex Geveden said Tuesday he is optimistic about a “robust” pipeline of potential Energy Department projects. “Unfortunately, we were not awarded the Hanford Central Plateau Cleanup contract,” Geveden said during the Lynchburg, Va.-based company’s quarterly […]

  • BWXT Keeps Eye on Virginia Sub Procurement in Fiscal 2021

    The Navy’s only manufacturer of nuclear reactors, BWX Technologies, said Tuesday that the service’s plans to procure just one Virginia-class attack submarine in fiscal 2021 could hit the company’s bottom line. BWXT President and CEO Rex Geveden said in the quarterly earnings call with analysts that while there is a “long way to go on getting […]

  • BWXT Enjoyed Strong 2019

    Energy Department contractor BWX Technologies took in $501 million of revenue during the fourth quarter of 2019, a 5% uptick over $478 million a year earlier. In addition, the Lynchburg, Va.-based company reported late Monday that revenue of nearly $1.9 billion for the 12 months ended Dec. 31 set a new record and represented a […]

  • Fluor-BWXT Could Get 2 More Years at Portsmouth

    The Energy Department said Friday it intends to extend its contractual arrangements for decommissioning of the Portsmouth Site in Ohio with vendor Fluor-BWXT by up to two years. The DOE Office of Environmental Management intends to negotiate a sole-source 12-month extension with two six-month options, according to a notice posted Friday on a federal procurement […]

  • Feds Moving Ahead With Nationwide Deactivation, Decommissioning Contract

    The Energy Department declined several requests from prospective vendors to extend the Feb. 3 deadline for bidding on a potential 10-year, $3 billion Nationwide Deactivation, Decommissioning, and Removal Contract for excess facilities. The Environmental Management Consolidated Business Center last month published 152 questions and answers from potential bidders on the final request for proposals (RFP) […]

  • BWX Technologies Reels in NNSA Reactor Component Contract for Carriers

    The National Nuclear Security Administration’s Naval Nuclear Propulsion Program in late 2019 awarded BWX Technologies a roughly $1 billion contract to provide reactor components for Ford-class aircraft carriers, the Lynchburg, Va.-based company announced Monday. The $1 billion figure includes options, BWX Technologies said in a press release. The value of the base award, at over $665 […]

  • BWX Technologies Reels in NNSA Reactor Component Contract for Carriers

    The National Nuclear Security Administration’s Naval Nuclear Propulsion Program in late 2019 awarded BWX Technologies a roughly $1 billion contract to provide reactor components for Ford-class aircraft carriers, the Lynchburg, Va.-based company announced Monday. The $1 billion figure includes options, BWX Technologies said in a press release. The value of the base award, at over […]

  • Savannah River Integrated Mission Contract Could Last 15 Years, DOE Says

    The Department of Energy on Friday confirmed the potential $21-billion integrated mission contract for the Savannah River Site in South Carolina will last up to 15 years. “Task orders may be placed any time during the 10 year ordering period and the execution of the actual work may extend up to 5 years” afterward, a […]

  • BWXT Gets Initial NNSA Contract for Enriched Uranium Fuel Production

    BWX Technologies said Monday it had received a $3.6 million contract for engineering to decommission and refurbish parts of its Lynchburg, Va., facility to eventually produce high-assay low-enriched uranium fuel for a National Nuclear Security Administration nonproliferation program. The uranium-molybdenum alloy fuel the company will produce will be used in U.S. research reactors that currently […]

  • Feds to Skip Draft RFP for Savannah River Integrated Mission Contract

    The Energy Department’s Office of Environmental Manage on Thursday issued procurement-related documents for the planned “integrated mission” contract at the Savannah River Site in South Carolina. To speed the award, the nuclear cleanup office said it will not issue the standard draft version of the request for proposals for the potential 10-to-15-year, $21 billion award […]

  • Draft RFP Released for Energy Dept. Idaho Cleanup Contract

    The Energy Department on Tuesday issued a draft request for proposals for the potential 10-to-15-year, $6.4 billion contract for the Idaho Cleanup Project. The work at the Idaho National Laboratory includes operation of the Integrated Waste Treatment Unit, management and disposal of both low-level radioactive and transuranic waste, decommissioning old facilities, and spent fuel management […]

  • BWXT Gets Initial NNSA Contract for Enriched Uranium Fuel Production

    BWX Technologies said Monday it had received a $3.6 million contract for engineering to decommission and refurbish parts of its Lynchburg, Va., facility to eventually produce high-assay low-enriched uranium fuel for a National Nuclear Security Administration nonproliferation program. The uranium-molybdenum alloy fuel the company will produce will be used in U.S. research reactors that currently […]

  • WIPP Seeks 10-Year Renewal of New Mexico Permit

    The Energy Department and a contractor are gearing up to seek renewal of their 10-year state hazardous waste facility permit for the Waste Isolation Pilot Plant in New Mexico. The current state permit was issued to DOE and WIPP management contractor Nuclear Waste Partnership on Nov. 30, 2010, becoming effective one month later, according to […]

  • With Sale, AECOM Exits DOE Weapons Complex Contracting

    Engineering and construction giant AECOM has completed the $2.4 billion sale of its Management Service business to an affiliate of two New York investment firms. Sale of the subsidiary to American Securities LLC and Lindsay Goldberg LLC closed on Jan. 31, according to an AECOM press release Monday. The new company, called Amentum, is now […]

  • Los Alamos Cleanup Vendor Takes Home 84% of Fee in Second Scorecard

    Newport News Nuclear BWXT Los Alamos (N3B), the vendor in charge of legacy environmental remediation operations at the U.S. Energy Department’s Los Alamos Nuclear Laboratory in New Mexico, won 84% of its potential fee for work done during fiscal 2019. Altogether, N3B took home more than $8.6 million of a potential amount exceeding $10.2 million, […]

  • Portsmouth Cleanup Contractor Pockets 86% of Fiscal 2019 Fee

    Fluor-BWXT Portsmouth, the Energy Department’s cleanup contractor at the former gaseous diffusion plant in Pike County, Ohio, pocketed 86% of its potential fee for fiscal 2019, or $19.20 million of the available $22.78 million. The vendor claimed about $3.61 million of a potential $6.68 million in subjective fee for the federal budget year that ended […]

  • Longenecker Hires Ex-Fluor Staffer for New Mexico Post

    Las Vegas-based Longenecker & Associates said in Tuesday it has hired a former Fluor supervisor as its manager for New Mexico projects. Lindsay Wallace started Monday and her role will include serving as Longenecker’s program manager for legacy cleanup at the Los Alamos National Laboratory. Longenecker has a subcontract with Newport News Nuclear BWXT Los […]

  • Four Rivers Garners 67% of Potential Fee for Paducah Remediation

    Four Rivers Nuclear Partnership, the Jacobs-led deactivation and cleanup contractor at the Energy Department’s Paducah Site in Kentucky, earned 67% of its potential fee for work during fiscal 2019, or $6.97 million of a potential $10.38 million, according to a recent performance scorecard. The vendor pocketed just over $1 million of a possible $2.33 million […]

  • Portsmouth Cleanup Contractor Wins 86% of Fee for Fiscal 2019

    Fluor-BWXT Portsmouth, the Energy Department cleanup contractor at the former gaseous diffusion plant site in Pike County, Ohio, pocketed 86% of its potential fee for fiscal 2019, or $19.20 million of a potential $22.78 million. The vendor claimed about $3.61 million of a potential $6.68 million in subjective fee. It also took home $15.59 million […]

  • Los Alamos Cleanup Vendor Wins 84% of Fee in Second Scorecard

    Newport News Nuclear BWXT-Los Alamos (N3B), the vendor in charge of legacy environmental remediation operations at the U.S. Energy Department’s Los Alamos Nuclear Laboratory in New Mexico, won 84% of its potential fee for work done during fiscal 2019. Altogether, N3B took home more than $8.6 million of a potential amount exceeding $10.2 million, according […]

  • BWXT Vice President Becomes Chief Administrative Officer

    Lynchburg, Va. -based BWX Technologies has promoted Richard Loving to the newly created post of senior vice president and chief administrative officer (CAO). Loving has been senior vice president for human resources at BWXT since mid-2016. He has about 40 years of management experience in manufacturing, energy, and government operations, according to a press release. That […]

  • West Valley Task Force Buoyed by Reauthorization, Security Funding

    Passage of a law to reauthorize the U.S. Energy Department’s cleanup of the West Valley Demonstration Project in New York state drew kudos Wednesday from participants at a local meeting. The measure, which passed the U.S. Senate on Dec. 2 and was subsequently signed into law by President Donald Trump on Dec. 20, would reauthorize […]

  • Wrap Up: BWXT Vice President Becomes Chief Administrative Officer

    Lynchburg, Va. -based BWX Technologies has promoted Richard Loving to a newly created post of senior vice president and chief administrative officer (CAO). Loving has been senior vice president for human resources at BWXT since mid-2016. He has about 40 years of management experience in manufacturing, energy, and government operations, according to a press release. […]

  • BWXT Vice President Becomes Chief Administrative Officer

    Lynchburg, Va. -based BWX Technologies has promoted Richard Loving to a newly created post of senior vice president and chief administrative officer (CAO). Loving has been senior vice president for human resources at BWXT since mid-2016. He has about 40 years of management experience in manufacturing, energy, and government operations, according to a press release. […]

  • DOE Undersecretary Touts Benefits of Stand-Alone Savannah River Lab Contract

    NORTH AUGUSTA, S.C. — Leveraging resources from U.S. Department of Energy contractors and research universities will be a key part of the inaugural stand-alone management and operations contract for the Savannah River National Laboratory (SRNL), DOE Undersecretary for Science Paul Dabbar said Thursday. The Energy Department is planning for a contract that would separate the […]

  • West Valley Vendor Wins 69% of Potential Fee

    The Jacobs-led joint venture in charge of remediating the West Valley Demonstration Project Site in New York won $322,000 or 69% of a potential fee of $467,000 during a six-month period in 2019. The U.S. Department of Energy recently issued the scorecard for CH2M Hill BWXT West Valley LLC (CHBWV) for the period from March […]