Highest-materiality recent filing
All ten director nominees elected with strong support; Nicole W. Piasecki received lowest for votes (68.3M for, 6.8M against).
BWXT Q1 revenue up 26% to $860M; raises full-year 2026 guidance
Q1 GAAP EPS $0.99 (up 21% YoY), non-GAAP EPS $1.12 (up 22% YoY).
BWXT reports record FY 2025; Q4 adj EPS $1.08 vs $0.92 YoY; backlog up 50% to $7.3B
FY 2025 revenue $3.20B (+18% YoY); GAAP EPS $3.58 (+17%); non-GAAP EPS $4.01 (+20%).
BWXT appoints Dan Jablonsky to board of directors effective March 2, 2026
Jablonsky to serve on Audit and Finance Committee; board expanded from nine to ten directors.
BWXT prices $1.25B 0% convertible notes due 2030 and enters new $1.25B credit facility
Issued $1.25B aggregate principal of 0% Convertible Senior Notes due Nov 2030; initial conversion price ~$262.51/share (32.5% premium to $198.12).
BWXT proposes $1.0B convertible senior notes offering due 2030; new $1.25B revolver
Plans to offer $1.0 billion aggregate principal amount of convertible senior notes due 2030, plus $150M greenshoe.
BWXT general counsel Ronald Whitford steps down; will serve as CEO advisor
Ronald O. Whitford, Jr. stepped down as SVP, General Counsel, Chief Compliance Officer and Corporate Secretary effective Nov 4, 2025.
BWXT Q3 2025 revenue $866.3M (+29% YoY); raises FY25 non-GAAP EPS guidance to $3.75-$3.80
Q3 revenue $866.3M (+29% YoY); net income $82.2M; diluted GAAP EPS $0.89; non-GAAP EPS $1.00.
BWXT beats Q2 estimates, raises 2025 guidance; record backlog $6.0B
2Q25 revenues $764.0M (+12% YoY); GAAP EPS $0.85, non-GAAP EPS $1.02.
BWX Technologies appoints Mike Fitzgerald as permanent CFO
Mike T. Fitzgerald appointed Senior VP, CFO and Chief Accounting Officer, effective immediately.
BWXT appoints Kevin McCoy as Chief Nuclear Officer to accelerate Navy submarine production
Kevin McCoy named Chief Nuclear Officer, effective June 16, 2025, to support DoD and Navy on Columbia and Virginia Class submarine programs.
BWXT CFO LeMasters transitions to special advisor; Fitzgerald appointed interim CFO
Robb LeMasters stepped down as CFO effective May 12, 2025; will serve as Special Advisor to CEO through March 2, 2026 under transition agreement.
BWXT grants CEO Rex Geveden $5.5M special performance awards tied to 2025-2027 targets
Special grant of PSUs ($2.2M) and NQPSOs ($3.3M) to CEO Geveden, target value $5.5M.
BWX Technologies stockholders approve officer liability limitation, elect directors
Stockholders approved amendment limiting personal liability of officers for monetary damages for breach of fiduciary duty, effective May 5, 2025.
BWXT Q1 2025: revenue $682M (+13% YoY), non-GAAP EPS $0.91 (+20%), reaffirms guidance
Revenue of $682.3M (+13% YoY); GAAP EPS $0.82, non-GAAP EPS $0.91, both up YoY.
BWXT Q4 revenue $746M, GAAP EPS $0.77; guides 2025 non-GAAP EPS $3.40-$3.55
Q4 revenue $746.3M (+3% YoY), full year $2.7B (+8%); GAAP EPS $0.77 and $3.07 respectively.
PSU grant of 10,000 units to EVP & CFO Robb A. LeMasters; fair value $1.15 million.
Q3 revenue $672M (+14% YoY); GAAP EPS $0.76, non-GAAP EPS $0.83.
Q2 revenues $681.5M (+11% YoY); Government Ops $540.8M, Commercial Ops $141.5M.
BWXT names Piasecki to Governance Committee; all director nominees elected at annual meeting
Nicole W. Piasecki appointed to the Governance Committee effective May 3, 2024.
BWXT Q1 2024 revenue $604M, GAAP EPS $0.75, non-GAAP EPS $0.76; reaffirms FY2024 guidance
Revenue $604.0M (+6% YoY); net income $68.5M (+12% YoY); diluted GAAP EPS $0.75 (+12% YoY).
BWXT Q4: GAAP EPS $0.72, Non-GAAP $1.01; FY23 rev $2.5B, EBITDA $472M; guides FY24 EPS $3.05-3.20
Q4 2023 revenue $725.5M (+16% YoY), GAAP EPS $0.72 (vs $0.47), Non-GAAP EPS $1.01 (vs $0.93).
BWX Technologies appoints Nicole W. Piasecki to board of directors
Appointed Nicole W. Piasecki effective Jan 2, 2024; term expires at 2024 annual meeting.
BWXT Q3 revenue up 13% to $590M; narrows 2023 EPS guidance, signals 2024 growth
Revenue $590M (+13% YoY); GAAP EPS $0.66 vs $0.67 YoY; non-GAAP EPS $0.67 vs $0.69.
BWXT beats Q2 expectations; narrows FY2023 non-GAAP EPS guidance to $2.85-$3.00
2Q23 revenues $612.4M (+11% YoY); GAAP diluted EPS $0.64, non-GAAP EPS $0.65, ahead of expectations.
BWXT Q1 revenue $568M, EPS $0.67; dividend raised 9.5% to $0.23/share
GAAP EPS of $0.67, non-GAAP EPS $0.70 on revenue of $568.4M (+7% YoY).
All nine director nominees elected with strong support; votes for ranged 75.6M to 81.9M.
Q4 2022 revenue $624.2M, net income $43.0M, adjusted EBITDA $130.1M; GAAP EPS $0.47, non-GAAP EPS $0.93.
BWXT GC Thomas McCabe to retire; Ronald Whitford appointed as successor
Thomas McCabe, age 67, retires as SVP, General Counsel; effective Jan 2, 2023, serves as Special Advisor to CEO through Aug 1, 2023.
BWXT Q3 revenue $523.7M, EPS $0.67; narrows 2022 guidance on labor challenges
Revenue $523.7M (+5% YoY); GAAP EPS $0.67; non-GAAP EPS $0.69; adjusted EBITDA $100.1M.
BWXT closes amended $1B credit facility; $750M revolver + $250M term loan through 2027
New $750M senior secured revolver and $250M term loan A, both maturing Oct. 12, 2027.
BWX Technologies appoints Michael Fitzgerald as VP Finance and future CAO, replacing Jason Kerr
Michael Fitzgerald to become VP, Finance on Oct 24, 2022; Chief Accounting Officer after Q3 10-Q filing.
BWXT CAO Rick Loving to retire; Robert Duffy named successor effective Aug 29
Richard W. Loving will retire after 43 years; stays as Special Advisor to CEO through March 31, 2023.
BWXT Q2 2022 revenue $554M (+10% YoY), EPS $0.82 (+32%), raises 2022 guidance
Revenue $554M (+10% YoY); GAAP EPS $0.82 (+32%); adjusted EBITDA $114.7M (+26%).
Joel Duling, President of BWXT Nuclear Ops Group, retires effective July 29, 2022
Joel W. Duling notified retirement as President of BWXT Nuclear Operations Group, effective July 29, 2022.
BWXT reports Q1 GAAP EPS $0.64, non-GAAP $0.69; revenue $531M; reaffirms 2022 guidance
GAAP net income $59.0M ($0.64/sh) down from $69.7M ($0.73/sh) YoY; non-GAAP net income $63.0M ($0.69/sh).
BWXT appoints Jan A. Bertsch as new board chair, succeeding John A. Fees
Bertsch elected chair effective May 3, 2022; served as independent director since 2013 and chaired audit/finance.
BWX Technologies reports Q4 GAAP EPS $1.26, revenue $592M; guides 2022 non-GAAP EPS $3.05-$3.25
Q4 GAAP EPS $1.26 vs $0.69 YoY; non-GAAP EPS $0.95 vs $0.74; revenue $592M (+6% YoY).
BWXT names Robb LeMasters as CFO; David Black to retire after 30 years
Current CFO David Black to retire effective April 1, 2022; will serve as special advisor through retirement.
BWXT Q3 GAAP EPS $0.63, revenue $499M (-4% YoY); guidance narrowed to low end of $3.05 non-GAAP EPS
GAAP net income $59.9M ($0.63 diluted EPS) vs $73.2M ($0.76) in Q3 2020; non-GAAP EPS $0.76 vs $0.79.
Chairman John A. Fees to retire at May 2022 annual meeting after 43-year tenure
John A. Fees notified the Board on October 20, 2021 of his retirement effective at the 2022 Annual Meeting on May 3, 2022.
BWXT reports Q2 2021 EPS $0.62, revenue flat at $505M; reaffirms guidance
Q2 GAAP EPS $0.62 vs $0.67 prior year; prior-year non-GAAP EPS was $0.71.
On June 16, 2025, BWX Technologies, Inc. (“BWXT” or the “Company”) announced that the Board of Directors (“Board”) appointed Kevin M. McCoy, President, Government Operations, to the role of Chief Nuclear Officer, effective June 16, 2025 (“Effective Date”).
On May 12, 2025, BWX Technologies, Inc. (“BWXT” or the “Company”) announced that Robb A. LeMasters, Executive Vice President and Chief Financial Officer (“CFO”), has stepped down as CFO.
On May 9, 2025, the Company’s Board of Directors (“Board”) unanimously appointed Michael T. Fitzgerald to succeed Mr. LeMasters as the Company’s Interim Senior Vice President and CFO, effective May 12, 2025.
On January 1, 2024, the Board of Directors of BWX Technologies, Inc. (“BWXT,” “we” or “us”) appointed Nicole W. Piasecki to our Board of Directors with an initial term expiring at our annual meeting of shareholders in 2024.
On December 29, 2022, Thomas E. McCabe, age 67, Senior Vice President, General Counsel, Chief Compliance Officer and Secretary of BWX Technologies, Inc. (“BWXT” or the “Company”), provided notice of his decision to retire from the Company.
Effective on September 30, 2022, the Board appointed Kevin Gorman to serve as Corporate Controller, and he will also serve as Interim Chief Accounting Officer through the 10-Q Filing Date.
On September 21, 2022, the Board of Directors (“Board”) of BWX Technologies, Inc. (“BWXT,” the “Company” or “we”) appointed Michael Fitzgerald to serve as Vice President, Finance, effective October 24, 2022 (“Start Date”), and as Chief Accounting Officer, effective the day following the filing of the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 (the “10-Q Filing Date”).
Mr. Fitzgerald will replace Jason Kerr, our current Vice President and Chief Accounting Officer, whose last day in that role will be September 30, 2022.
On August 19, 2022, Richard W. Loving, Senior Vice President and Chief Administrative Officer (“CAO”) of BWX Technologies, Inc. (“BWXT” or the “Company”), provided notice of his decision to retire from the Company.
On July 12, 2022, Joel W. Duling notified BWX Technologies, Inc. ("Company," "we" or "us) of his decision to retire from his role as President, BWXT Nuclear Operations Group, Inc., a wholly-owned subsidiary of the Company, effective July 29, 2022.
On November 4, 2021, the Company’s Board of Directors (“Board”) unanimously appointed Robb A. LeMasters, 44, to succeed Mr. Black as the Company’s Senior Vice President and CFO, effective November 15, 2021.
On November 4, 2021, David S. Black, Senior Vice President and Chief Financial Officer (“CFO”) of BWX Technologies, Inc. (“BWXT” or the “Company”), provided notice of his decision to retire from the Company.
Max materiality 0.90 · Median 0.62 · Most common event earnings