
Insulated from the worst of the COVID-19 pandemic by its big government contracts and a bread-and-butter nuclear-Navy business that never shuts down, BWX Technologies [BWXT] posted a modest uptick in both profit and revenue for the second quarter of 2020. Overall, the company’s quarterly net income rose $5 million to about $64 million, or 67 cents a share, from about $59 million, or 62 cents a share, a year ago. “The core Navy franchise continued to beat our internal expectations…