Aerospace Group:

General

BWXT Earnings Buoyed By Weapons Complex Wins, Nuclear Power

Wayne Barber

Tuesday, February 25th, 2025

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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…

Budget

Trump’s $1.15 Trillion Request For DoD Is The ‘New Normal,” HASC Chairman Says

COLORADO SPRINGS, Colo.—The Trump administration’s nearly $1.2 trillion baseline defense budget request for fiscal year 2027 will be adopted and will be the foundation for the “new normal” going forward, […]

Congress

Trump Wants Second Reconciliation Bill On His Desk By June 1

President Donald Trump on Wednesday called on Congress to pass and send a second reconciliation bill to his desk by June 1. The deadline follows congressional Republicans’ backing a pursuit […]

Space

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]

Congress

Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]