Precision naval nuclear components
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BWX Technologies, Inc. (BWXT)’s Kinectrics Division Secures a Multi-Year Contract From Sumitomo Electric Industries
Yahoo Finance· 2025-09-27 14:43
Group 1 - BWX Technologies, Inc. (NYSE:BWXT) is recognized as one of the 10 Best Defense Contractor Stocks to Buy Now, indicating significant upside potential for the company [1] - The Kinectrics division of BWX Technologies secured a multi-year contract from Sumitomo Electric Industries to provide commissioning testing services for the A-Nord Corridor project in Germany [2] - The A-Nord Corridor project aims to build a 525 kV DC underground cable system to transport renewable energy from the North Sea to North Rhine-Westphalia by 2030, supporting Germany's CO₂ reduction goals [3] Group 2 - BWX Technologies plans to deploy up to 14 mobile Resonant Test Systems for ACHV testing on 40 km sections of cable, which includes early defect detection and final HVDC testing to ensure system integrity before commercial operation [4] - The company focuses on reducing late-stage failures and ensuring critical functions under real-world conditions through its testing services [4] - BWX Technologies is a manufacturer of precision naval nuclear components, reactors, and fuel, further solidifying its position in the defense sector [5]
Growing Backlog and Strong Outlook Make BWX Technologies (BWXT) a Solid Investment
Yahoo Finance· 2025-09-15 12:28
Group 1 - Loomis Sayles Small/Mid Cap Growth Fund reported an 8.49% return in Q2 2025, underperforming the Russell 2500 Growth Index which returned 11.31% [1] - The underperformance was attributed to security selection within the consumer discretionary and financials sectors [1] - BWX Technologies, Inc. was highlighted as a top contributor to the fund's performance, with a strong outlook and growing backlog [3] Group 2 - BWX Technologies, Inc. reported a revenue of $764 million in Q2 2025, reflecting a 12% increase driven by growth in both segments [4] - The stock of BWX Technologies, Inc. closed at $168.33 on September 12, 2025, with a market capitalization of $15.385 billion [2] - BWX Technologies, Inc. has seen a 71.15% increase in share value over the last 52 weeks, despite a recent one-month return of -1.53% [2]