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August 4, 2014
08:36 EDTBWCBabcock & Wilcox unit awarded contract
The Babcock & Wilcox announced that Babcock & Wilcox Construction, a subsidiary of Babcock & Wilcox Power Generation Group, has been awarded a contract to erect a dry flue gas desulfurization unit at Southwestern Electric Power Flint Creek Power Plant in Gentry, Arkansas. BWCC will construct the 550 megawatt plantís dry FGD system, which will create hundreds of jobs during peak construction periods in 2015. The contract was booked by B&W PGG in Q2. Construction activity for Flint Creek is expected to begin soon, with completion scheduled for mid 2016.
News For BWC From The Last 14 Days
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June 29, 2015
10:09 EDTBWCOn The Fly: Analyst Initiation Summary
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08:03 EDTBWCBabcock & Wilcox initiated with an Overweight at KeyBanc
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07:22 EDTBWCBWX Technologies would be M&A fit for Huntington Ingalls, says Deutsche Bank
Deutsche Bank noted that the planned spin-off of BWX Technologies (BWXT) from Babcock & Wilcox (BWC) is scheduled to be completed this week on July 1, stating that it believes the spun off company is likely to attract the attention of strategic players such as Huntington Ingalls (HII) and General Dynamics (GD). The firm thinks the potential M&A fit looks "most striking" for Huntington and estimates that a deal multiple could reach 10-11X the about $300M in EBITDA at BWX Technologies, which would likely be "worth the stretch" for the shipbuilder.

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