BWX 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.
Dynegy sees $120M in environmental spending yearly for 2019-2023 Sees $4M in environmental spending in 2016. Sees $19M in environmental spending in 2017. Sees $85M in environmental spending in 2018. Says capital spending to comply with major environmental rules expected to be manageable.Information from company slides presentation.