|This article needs to be updated. (July 2015)|
BWX Technologies, Inc. (NYSE: BWXT), headquartered in Lynchburg, Virginia is an American technology i.e. power generation company. It was created as a spinoff from Babcock & Wilcox. Previously known as Babcock & Wilcox Technical Services Group, Inc., a unit of Babcock & Wilcox, it now is its own independent corporate entity. It assumed the activities of its predecessor and as such it services and operates private as well as public i.e. government nuclear operations such as for example the Y-12 National Security Complex, and a member of the Los Alamos National Security, LLC. Since becoming its own company it now also holds the contract to manage the Pantex plant in Texas, alongside Honeywell and Bechtel Corporation. It is also a part of Lawrence Livermore National Security, LLC (LLNS), which was awarded the Management & Operation (M&O) contract to operate Lawrence Livermore National Laboratory, on May 8, 2007, to commence on October 1, 2007.
After Babcock & Wilcox emerged from bankruptcy in 2006, that company and BWX Technologies (both subsidiaries of the McDermott International, Inc.) consolidated operations as The Babcock & Wilcox Companies headed by President John Fees. Before a move to Charlotte, North Carolina, the company was headquartered in Lynchburg, Virginia, with offices in the downtown district of the city.
On July 1, 2015, BWX Technologies Inc. began trading separately from its former subsidiary Babcock & Wilcox Enterprises Inc. after a spinoff. Sandy Baker becomes CEO and Fees is chairman. The company had 2,500 employees in Lynchburg and 4,500 total.
B&W mPower, Inc.
Babcock & Wilcox mPower, Inc. was formed in 2012 to design, develop, license and deploy the B&W mPower reactor, a small modular nuclear reactor. The B&W mPower reactor – currently in development – is a scalable, modular reactor with the capacity to provide output in increments of 180 MWe for a four-year operating cycle without refueling. The business unit is headquartered in Charlotte, NC.
B&W mPower Reactor
B&W announced in 2009 plans to design, develop, license and deploy a small modular nuclear reactor (SMR) called the B&W mPower reactor. The passively safe reactor has an output of 180 megawatts (electric) and is one of several SMRs in development by U.S. engineering firms. The mPower reactor features a full underground containment structure. The reactor design is an integral Pressurized Water Reactor (iPWR) system in which the nuclear core and steam generators are contained within a single vessel. B&W and engineering and construction firm Bechtel maintain an alliance called Generation mPower LLC to produce modular nuclear power plants using the B&W mPower reactor.
More than two dozen utilities belong to the Generation mPower Industry Advisory Council and provide review, insights and feedback regarding licensing and design activities for the B&W mPower reactor. The Tennessee Valley Authority has signed a letter of intent to potentially build plants utilizing B&W mPower reactors.
Nuclear Energy Group
B&W Nuclear Energy, Inc. (B&W NE) was formed in 2010 by the merger of two B&W business units, Nuclear Power Generation Group (B&W NPG) and Modular Nuclear Energy (B&W MNE). The combined company will specialize in providing products and services to the North American and worldwide commercial nuclear power industry, including the recently announced mPower modular nuclear reactor. B&W is the only North American company to continuously manufacture nuclear steam generators for the commercial nuclear power industry since the 1950s. B&W NE's headquarters are located in Charlotte, NC.
Nuclear Operations Group
B&W Nuclear Operations Group, Inc. (B&W NOG) specializes in the design and manufacture of nuclear products and services for U.S. government applications. B&W NOG has four operating locations throughout the United States. B&W NOG's Barberton, Ohio, and Mount Vernon, Indiana, locations specialize in the design and manufacture of large, heavy components. B&W NOG facilities in Lynchburg, Virginia, and Euclid, Ohio, design and supply components for United States government programs. Nuclear Fuel Services, Inc. (NFS) is a subsidiary of B&W NOG, located in Erwin, Tennessee. B&W NOG's headquarters are located in Lynchburg, Virginia.
Technical Services Group
B&W Technical Services Group, Inc. (B&W TSG) manages complex, high-consequence nuclear and national security operations, including nuclear production facilities and the nation's Strategic Petroleum Reserve. B&W TSG also provides a broad range of technical services to the U.S. Department of Energy and the National Nuclear Security Administration's operations. Headquartered in Lynchburg, Virginia, B&W TSG operates three businesses: managing and operating large manufacturing or site closure contracts for the U.S. government, facilitating laboratory services and managing technical services. B&W TSG is a member of the Los Alamos National Security, LLC. They are also a part of Lawrence Livermore National Security, LLC (LLNS), which was awarded the Management & Operation (M&O) contract to operate Lawrence Livermore National Laboratory, on May 8, 2007, to commence on October 1, 2007
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- TVA progresses with mPower project
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