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Stock Market & Financial Investment News

News Breaks
February 5, 2013
08:31 EDTBWCBabcock & Wilcox announces $510M in contracts supporting U.S. defense programs
The Babcock & Wilcox Company announced that its subsidiary, Babcock & Wilcox Nuclear Operations Group, was awarded contracts totaling more than $510M 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 the fourth quarter of 2012. Of this work, more than $445M was issued as options under the $2B contract awarded to B&W NOG in 2010 and more than $65M is issued under a new agreement awarded for fiscal year 2013.
News For BWC From The Last 14 Days
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January 22, 2015
10:03 EDTBWCOn the Fly: Analyst Initiation Summary
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07:43 EDTBWCBabcock & Wilcox initiated with a Buy at BofA/Merrill
Target $33.
January 20, 2015
08:36 EDTBWCBabcock & Wilcox to supply supercritical boiler for Vietnam power plant
The Babcock & Wilcox Company announced that its subsidiary, Babcock & Wilcox Power Generation Group, has been chosen to design and manufacture a supercritical coal-fired boiler and selective catalytic reduction system for the Duyen Hai 3 Extension power plant in Vietnam. The selection was made by Japanese prime contractor Sumitomo Corporation, which will build the 688 megawatt plant for its customer, Power Generation Corporation 1, a subsidiary of Electricity Vietnam. B&W has received a full notice to proceed and the project was booked in the fourth quarter of 2014. Engineering is underway and the plant is scheduled for commercial operation in mid 2018.

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