| Date | Title | | | | 05/15/13 | B&W Announces $366 Million Contract for Naval Reactors Materials Procurement| CHARLOTTE, N.C.--(BUSINESS WIRE)--May. 15, 2013--
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its
subsidiary, Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG),
has received a contract from the U.S. Naval Reactors Program worth
approximately $366 million.
The award is for the procurement of material to be used in the assembly
of nuclear propulsion components at B&W NOG’s Lynchburg, Va. facility.
At this time,... |
|  |  | | 05/07/13 | Babcock & Wilcox Announces First Quarter 2013 Results and Announces Share Repurchase Authorization Increased to $500 Million| Adjusted Earnings per Share of $0.46, GAAP EPS of $0.41
Revenues of $805.4 million, Increased 5.2%
Announces Quarterly Dividend
CHARLOTTE, N.C.--(BUSINESS WIRE)--May. 7, 2013--
The Babcock & Wilcox Company (NYSE: BWC) (“B&W” or the “Company”) today
reported first quarter 2013 revenues of $805.4 million, an increase of
$39.5 million, or 5.2% from the first quarter of 2012. GAAP earnings per
share for ... |
| | | | 05/06/13 | B&W Announces Senior Vice President & Chief Operating Officer to Retire; Will remain CEO of B&W-led joint venture for Y-12/Pantex bid| CHARLOTTE, N.C.--(BUSINESS WIRE)--May. 6, 2013--
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that Ms.
Mary Pat Salomone, Senior Vice President & Chief Operating Officer, will
retire effective June 30, 2013, following 31 years of service with the
Company. Ms. Salomone will continue serving as Chief Executive Officer
(CEO) of Nuclear Production Partners, LLC (NP2), the B&W-led
joint venture competing for the U.S. Department of Energy con... |
| | | | 04/29/13 | B&W Responds to GAO Recommendation on Procurement Protest| CHARLOTTE, N.C.--(BUSINESS WIRE)--Apr. 29, 2013--
The Babcock & Wilcox Company (B&W) (NYSE: BWC) is pleased that the
Government Accountability Office (GAO) has sustained the protest filed
by Nuclear Production Partners, LLC (NP2) in regard to the
procurement decision for the combined management and operating contract
at the Y-12 National Security Complex (Y-12) and Pantex Plant (Pantex).
NP2, comprised of B&W, URS, Northrop Grumman and
Honeywell, ... |
| | | | 04/15/13 | B&W, DOE Sign Cooperative Agreement for Small Modular Reactor Funding| CHARLOTTE, N.C.--(BUSINESS WIRE)--Apr. 15, 2013--
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its
subsidiary, Babcock & Wilcox mPower, Inc. (B&W mPower), and the U.S.
Department of Energy (DOE) have signed a Cooperative Agreement for
funding made available through DOE’s Small Modular Reactor (SMR)
Licensing Technical Support Program for the development and licensing of
B&W’s mPower™ technology.
Dr. Peter Lyons, U.S.... |
| | | | 04/12/13 | Babcock & Wilcox to Webcast Discussion of its First Quarter 2013 Results| CHARLOTTE, N.C.--(BUSINESS WIRE)--Apr. 12, 2013--
The Babcock & Wilcox Company (NYSE: BWC) (“B&W” or the “Company”)
expects to webcast a discussion of its first quarter 2013 results on
Wednesday, May 8, 2013 at 8:30 a.m. ET. Chief Executive Officer E. James
(Jim) Ferland and Chief Financial Officer Tony Colatrella will discuss
the first quarter results. A news release detailing the results is
expected to be issued after the market closes on Tuesday, May ... |
| | | | 03/14/13 | B&W Awarded Environmental Equipment Contract for Iowa Power Plant| CHARLOTTE, N.C.--(BUSINESS WIRE)--Mar. 14, 2013--
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its
subsidiary Babcock & Wilcox Power Generation Group, Inc. (B&W PGG) has
been awarded a contract to deliver, erect and commission a dry flue gas
desulfurization system for Interstate Power and Light Company’s (IPL)
270 megawatt coal-fired Lansing Generating Station in Lansing, Iowa. IPL
is a subsidiary of Alliant Energy Corporation (... |
| | | | 03/07/13 | B&W Signs Contract to Begin Second Phase of FutureGen 2.0 Carbon Capture Project| CHARLOTTE, N.C.--(BUSINESS WIRE)--Mar. 7, 2013--
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its
subsidiary, Babcock & Wilcox Power Generation Group, Inc. (B&W PGG), has
reached an agreement with the FutureGen Industrial Alliance to begin
initial engineering and preparation for full front-end engineering and
design work on the U.S. Department of Energy’s FutureGen 2.0 carbon
capture and storage (CCS) project.
B&... |
| | | | 02/28/13 | B&W Applauds Formation of Virginia Nuclear Energy Consortium| CHARLOTTE, N.C.--(BUSINESS WIRE)--Feb. 28, 2013--
The Babcock & Wilcox Company (B&W) (NYSE: BWC) today announced its
enthusiastic support for the Commonwealth of Virginia’s creation of the
Virginia Nuclear Energy Consortium Authority and its stated mission of
making the Commonwealth a national and global leader in nuclear energy.
“B&W applauds Governor Bob McDonnell and the Virginia General Assembly
for their initiative and vision in creating... |
| | | | 02/27/13 | Babcock & Wilcox Announces Fourth Quarter 2012 Results|
Adjusted Earnings per Share of $0.56, GAAP EPS of $0.33
Revenues of $865.3 Million, Increased 8.1%
Initiates 2013 Adjusted EPS Guidance of $2.25 - $2.45
CHARLOTTE, N.C.--(BUSINESS WIRE)--Feb. 27, 2013--
The Babcock & Wilcox Company (NYSE: BWC) (“B&W” or the “Company”) today
reported fourth quarter 2012 revenues of $865.3 million, an increase of
$64.5 million, or 8.1% from the fourth quarte... |
| | | | 02/20/13 | B&W, TVA Sign Contract for Clinch River mPower Construction Permit| CHARLOTTE, N.C.--(BUSINESS WIRE)--Feb. 20, 2013--
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its
subsidiary, Babcock & Wilcox mPower, Inc. (B&W mPower), and the
Tennessee Valley Authority (TVA) have signed a contract to prepare and
support Nuclear Regulatory Commission (NRC) review of a Construction
Permit Application for a B&W mPower™ small modular reactor (SMR) nuclear
plant at TVA's Clinch River Site in Oak Ridge, Tenn.
... |
| | | | 02/13/13 | B&W Awarded Contract For U.K. Waste-to-Energy Plant| CHARLOTTE, N.C.--(BUSINESS WIRE)--Feb. 13, 2013--
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that its
Denmark-based subsidiary, Babcock & Wilcox Vølund A/S (B&W Vølund), and
consortium partner Interserve Plc. were awarded a contract worth
approximately $100 million to design and build a waste-to-energy power
plant for waste management firm Viridor in Peterborough, United Kingdom.
The plant will be capable of processing 85,... |
| | | | 02/11/13 | B&W Announces $36 Million in Contracts for Naval Reactors Assembly and Materials Procurement| CHARLOTTE, N.C.--(BUSINESS WIRE)--Feb. 11, 2013--
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its
subsidiary Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG) has
received two U.S. Naval Reactors Program contracts totaling
approximately $36 million.
The larger of the two awards, valued at approximately $32 million, is
for the assembly of nuclear propulsion components for Virginia Class
submarines. Work be... |
| | | | 02/11/13 | Babcock & Wilcox to Webcast Discussion of its Fourth Quarter 2012 Results| CHARLOTTE, N.C.--(BUSINESS WIRE)--Feb. 11, 2013--
The Babcock & Wilcox Company (NYSE: BWC) (“B&W” or the “Company”)
expects to webcast a discussion of its fourth quarter 2012 results on
Thursday, February 28, 2013 at 8:30 a.m. ET. Chief Executive Officer E.
James (Jim) Ferland and Chief Financial Officer Tony Colatrella will
discuss the fourth quarter results. A news release detailing the results
is expected to be issued after the market closes on We... |
| | | | 02/08/13 | B&W Announces Quarterly Dividend| CHARLOTTE, N.C.--(BUSINESS WIRE)--Feb. 8, 2013--
The Board of Directors of The Babcock & Wilcox Company (B&W) (NYSE:BWC)
has declared a quarterly dividend of $0.08 per share on the outstanding
common shares of the company, payable on March 12, 2013 to shareholders
of record at the close of business on February 19, 2013.
About B&W
Headquartered in Charlotte, N.C., The Babcock & Wilcox Company is a
leader in clean energy technolo... |
| | | | 02/05/13 | B&W Announces $510 Million in Contracts Supporting U.S. Naval Nuclear Programs| CHARLOTTE, N.C.--(BUSINESS WIRE)--Feb. 5, 2013--
The Babcock & Wilcox Company (B&W) (NYSE:BWC) announced today that its
subsidiary, Babcock & Wilcox Nuclear Operations Group, Inc. (B&W NOG),
was awarded contracts totaling more than $510 million for the
manufacture of nuclear components to support U.S. defense programs
including the manufacture of naval nuclear power systems for submarines
and aircraft carriers. The entire amount was appropriated in t... |
| | | | 01/29/13 | B&W Announces Retirement of Nuclear Energy President Mike Lees; Names Joseph A. Zwetolitz Successor| CHARLOTTE, N.C.--(BUSINESS WIRE)--Jan. 29, 2013--
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that
Babcock & Wilcox Nuclear Energy, Inc. (B&W NE) President Michael D. Lees
will retire at the end of March. Joseph A. Zwetolitz is named President,
B&W NE, and will assume this role in mid-February while Mr. Lees will
provide advisory services and support for this leadership transition.
In a career with B&W spanning more than th... |
| | | | 01/28/13 | B&W Names Kairus K. Tarapore Chief Administrative Officer| CHARLOTTE, N.C.--(BUSINESS WIRE)--Jan. 28, 2013--
The Babcock & Wilcox Company (B&W) (NYSE: BWC) announced today that
Kairus K. Tarapore is named Chief Administrative Officer, effective
immediately.
Mr. Tarapore replaces former B&W Senior Vice President and Chief Human
Resources Officer Vangel Athanas, who is leaving B&W to pursue other
opportunities.
Mr. Tarapore’s responsibilities will include oversight of B&W’s global
... |
| | | | 01/18/13 | B&W Files Protest of Y-12/Pantex Decision with Government Accountability Office| CHARLOTTE, N.C.--(BUSINESS WIRE)--Jan. 18, 2013--
The Babcock & Wilcox Company (B&W)-led team of Nuclear Production
Partners, LLC (NP2) has filed a protest against NNSA’s award
of a Management & Operating contract for the Y-12 National Security
Complex and the Pantex Plant.
NP2 was notified by NNSA on January 8, 2013, that it was not
awarded the contract. NP2 filed the protest in accordance
with Federal regulations at 4 C.F.R. §21. GAO... |
| | | | 01/08/13 | B&W Responds to NNSA Procurement Decision| CHARLOTTE, N.C.--(BUSINESS WIRE)--Jan. 8, 2013--
The Babcock & Wilcox Company (B&W) was notified today that our team was
not selected to lead the National Nuclear Security Administration’s
(NNSA) combined Management and Operating (M&O) contract for the Y-12
National Security Complex (Y-12) and Pantex Plant.
We are disappointed, as we believe our proposal was a very strong choice
for moving closer to NNSA’s vision of a consolidated Nuclear Sec... |
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