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BWXT Earnings Rise Behind Hanford Tanks, Other Government Deals

Defense Daily Staff

Tuesday, May 9th, 2023

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BWXT Earnings Rise Behind Hanford Tanks, Other Government Deals

Earnings rose at BWX Technologies [BWXT] in the first quarter, which the nuclear services and manufacturing company attributed largely to its government operations. Net earnings for the first quarter ended March 31 were $61 million or $0.67 per share up from $59.1 million, or $0.64 a share, in the year-ago quarter. Quarterly revenue was $568.4 million, up year-over-year from $530.7 million, the company said in a Monday press release. Quarterly segment operating income for the Government Operations segment was $90.6…

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