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Welding Mistake With Columbia Missile Tubes Was Bigger Problem Than BWXT Thought

Dan Leone By
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Welding Mistake With Columbia Missile Tubes Was Bigger Problem Than BWXT Thought

Botching welds on 12 missile tubes for the Columbia-class submarine earlier this year proved a costly mistake for BWX Technologies [BWXT], which on Wednesday said the problems with its welding program in Indiana were more complicated than first thought.On a conference call with investors, BWX Technologies said its Nuclear Operations Group took a $40 million revenue hit in the third quarter because of the missile tube rework the company embarked on after discovering, and self reporting, balky welds on 12…

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