• Dec. 19, 2016, 7:52 AM
    • BWX Technologies' (NYSE:BWXT) subsidiary BWXT Canada has completed its acquisition of the GE Hitachi Nuclear Energy Canada joint venture, which has been re-named BWXT Nuclear Energy Canada.
    • The terms of the transaction haven't been disclosed, but it's expected to be accretive to BWXT's 2017 earnings.
    Dec. 19, 2016, 7:52 AM
  • Aug. 18, 2016, 9:06 AM
    • BWX Technologies' (NYSE:BWXT) subsidiary, BWXT Canada, has agreed to acquire all of the shares of the GE Hitachi Nuclear Energy Canada joint venture.
    • The acquisition roughly doubles BWXT's footprint in Canada and signals a long-term strategic commitment to the attractive CANDU nuclear power segment and the attendant growth opportunities related to plant life extensions.
    • While terms of the transaction are not being disclosed, it is expected to be accretive within the first year and to favorably impact margins in the Nuclear Energy Segment.
    Aug. 18, 2016, 9:06 AM | 11 Comments