M&A - BWX Technologies, Inc.
Form Type: 10-K/A
Filing Date: 2025-03-19
Corporate Action: Acquisition
Type: Update
Accession Number: 000148695725000015
Filing Summary: BWX Technologies, Inc. filed an amendment to its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, to include the conformed signature of Deloitte & Touche LLP in the Audit Report, which was inadvertently omitted in the original filing. The filing highlights the company's operations as a specialty manufacturer of nuclear components and technologies, along with its strategic focus on government and commercial operations. It details recent acquisition activities, including the acquisition of Aerojet Ordnance Tennessee, Inc. completed on January 3, 2025, and an agreement to acquire Kinectrics Holdings, Inc., intended to close mid-2025. BWXT's segments include Government Operations, focusing on naval nuclear components and contracts with the U.S. government, and Commercial Operations, which provides various products and services to the nuclear power industry, with significant market presence in nuclear fuel and medical radioisotopes. The document emphasizes ongoing growth strategies through acquisitions and investments to bolster operations and meet increasing demand. No other material changes were made to the original 10-K filing, and this amendment does not update any other disclosures or include additional events.
Document Link: View Document
Additional details:
Audit Report Signature: Deloitte & Touche LLP
Acquisition Aerojet Ordnance Tennessee Date: 2025-01-03
Acquisition Kinectrics Expected Close: 2025-06-30
Total Backlog: 4843 million
Government Operations Backlog: 3913 million
Commercial Operations Backlog: 930 million
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