Department of Energy contractor BWX Technologies (BWXT) is expanding its heavy-manufacturing footprint by signing a deal to acquire Precision Components Group (PCG) and two of its subsidiaries.
The privately-held PCG had $125 million for 2025 revenue and a workforce of roughly 400 people, Lynchburg, Va.-based BWXT said in a Monday press release. BWXT did not reveal a sales price in the release.
The deal is expected to close during the second half of 2026, BWXT said in the release.
“This acquisition creates an immediate commercial manufacturing footprint for BWXT that complements our existing service offerings to U.S. customers and fully leverages our commercial engineering expertise and supplier base,” said BWXT CEO Rex Geveden.
The acquisition adds more than 500,000 square feet of U.S. heavy-manufacturing capacity, BWXT said in the release.
PCG will continue supply parts and services for Electric Boat, Bechtel Plant Machinery and other U.S. Navy programs, BWXT said in the release.
“Becoming part of BWXT enables us to advance that mission with greater scale, resources and opportunity for our employees,” said PCG President and CEO Gary Butler in the release.