BWX Technologies, Inc.

BWX Technologies, Inc. is a specialty manufacturer of nuclear components, a developer of nuclear technologies, and a service provider with over 100 years of operating history. The company's core business involves the design, engineering, and manufacture of precision naval nuclear components, nuclear reactors, and nuclear fuel for the U.S. Government. BWX Technologies also provides special nuclear materials processing, environmental site restoration services, products and services to the nuclear power industry, critical medical radioisotopes and radiopharmaceuticals, and other advanced nuclear technologies. While offering a wide range of products and services, the business segments are heavily focused on major projects, where a relatively small number of projects can represent a significant part of operations. The company operates in two reportable segments: Government Operations and Commercial Operations. BWX Technologies operates in capital-intensive industries and relies on large contracts for a substantial amount of its revenues. The Government Operations segment engineers, designs, and manufactures precision naval nuclear components, reactors, and nuclear fuel for the U.S. Department of Energy ("DOE")/National Nuclear Security Administration's ("NNSA") Naval Nuclear Propulsion Program, with over 100 years of experience in supplying components for defense applications. This segment also supplies proprietary and sole-source valves, manifolds, and fittings to global naval and commercial shipping customers, specializing in the design and manufacture of close-tolerance and high-quality equipment for nuclear applications. Additionally, it designs advanced reactors and manufactures critical nuclear components, fuels, and assemblies for government and limited other uses.