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News Breaks
February 27, 2014
08:04 EDTBWCBabcock & Wilcox unit awarded up to $302M in cotnracts fuel & materials services
The Babcock & Wilcox Company announced that its subsidiary Nuclear Fuel Services has been awarded two new contracts for fuel and materials services totaling up to approximately $302M from the U.S. Department of Energy, Naval Reactors Laboratory Field Office. The first contract is a one-year contract with a one-year option, which includes the manufacture and delivery of fuel and support activities for the U.S. Naval Nuclear Propulsion Program. NFS has been the sole manufacturer of nuclear fuel for the U.S. Navy's fleet of nuclear-powered aircraft carriers and submarines since 1964. The second award is also a one-year contract with a one-year option, which provides for the development of material for future Naval Reactors programs. Work under the contracts will be performed at NFS facilities in Erwin, Tenn. This work began in January 2014 and is scheduled to continue through February 2016.
News For BWC From The Last 14 Days
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January 28, 2015
08:32 EDTBWCBabcock & Wilcox unit awarded contracts for over $200M for biomss power plant
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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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