
Despite consistency in the core naval reactors business and good performance from its nuclear-site management contracts with the Department of Energy, COVID-19 dragged down revenue and earnings at BWXT Technologies [BWXT], Lynchburg, Virginia, in the third quarter. BWXT posted net income of about $60 million, or 63 cents a share in the third quarter that ended Sept. 30, down some 18% from more than $73 million, or $76 cents a share, in the year-ago quarter. Quarterly revenue fell 4% to…