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Nuclear Modernization

BWXT’s 2018 Earnings Soar on Sub Business; Company Getting Colder Feet on Follow-on Missile Tube Work

Tuesday, February 26th, 2019

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BWXT’s 2018 Earnings Soar on Sub Business; Company Getting Colder Feet on Follow-on Missile Tube Work

BWX Technologies [BWXT] said Monday it capped 2018 with better than 50 percent earnings growth after clinching more nuclear naval, environmental cleanup, and uranium downblending work from the Department of Energy. Company-wide net earnings came in at over $225 million in 2018, up more than 50 percent from just under $150 million in 2017. Management reported $2.27 in earnings per share in 2018, up from $1.49 year-over-year. Total company revenue in 2018 was about $1.8 billion, rising than 6.5 percent from…

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

Rep. Jeff Crank (R-Colo.), a co-chair of the Golden Dome Caucus in Congress and a member of the House Armed Services Committee’s strategic forces panel, discusses the transformative defense investments […]

Space

Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]