Search

BWXT Earnings Buoyed By Weapons Complex Wins, Nuclear Power

BWXT Earnings Buoyed By Weapons Complex Wins, Nuclear Power
Shot of Female Government Agent Tracking Fugitive with Her Computer in Big Monitoring Room Full of Computers with Animated Screens.

Earnings rose at BWX Technologies [BWXT] in the fourth quarter, and 2024 as a whole, which the company chalked up partly to Department of Energy contracts and rising interest in commercial nuclear power. Net earnings for the fourth quarter ended Dec. 31 were $71.1 million, or $ 0.77 a share up from $ 66.3 million or $0.72 per share in the year-ago quarter. Quarterly revenue was $ $746.3 million up year-over-year from $725.5 million, BWXT said in a Monday press…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]


SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]


SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]


Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said.  Jesse Tolleson, […]