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Business/Financial

BWX Technologies Acquires Naval Vessel Parts Suppliers

By Cal Biesecker

Tuesday, June 14th, 2022

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BWX Technologies Acquires Naval Vessel Parts Suppliers

Dynamic Controls products include manifolds. Photo: Dynamic Controls

BWX Technologies [BWXT] in April acquired Cunico Corp. and Dynamic Controls Ltd., sister companies that manufacture parts for global naval ships and submarines and liquified natural gas commercial shipping vessels. The investment firm Houlihan Lokey, which advised Cunico and Dynamic Controls, announced the deal on Tuesday. Cunico, which is based in California, and Dynamic Controls, which is based in the United Kingdom, were owned and operated by Jack Flowers for decades. BWX Technologies, which manufactures naval nuclear reactors and fuel,…

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