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October 10, 2021
Jonathan Toebbe sold the design of nuclear-powered warships to a foreign official, who was an undercover FBI agent.
October 10, 2021
An Annapolis, Maryland couple was arrested Saturday by the FBI and NCIS on espionage-related charges, federal authorities say.
October 10, 2021
An Annapolis, Maryland couple was arrested Saturday by the FBI and NCIS on espionage-related charges, federal authorities say.
June 10, 2021
Email* Submit Groton — The U.S. Department of Defense has awarded Electric Boat a $64 million modification to an existing contract for the overhaul of the USS Hartford (SSN-768), a Los Angeles-class attack submarine. On Friday, the department issued a “Smart Start” modification to a $125 million contract awarded last August. The Hartford had arrived at the shipyard the previous day. “Overhaul and repair work is vitally important to EB because it allows us to manage e...
May 19, 2021
Lawmakers express deep doubts about Afghanistan’s future after US withdrawal Jamie McIntyre © Provided by Washington Examiner DOD header 2020 TWO FUTURES: Whether Afghanistan can survive and prosper without the presence of thousands of American and international troops and contractors hinges on two unknowns — the ability of the 300,000-strong U.S.-trained and equipped government forces to forestall a Taliban takeover and the willingness of the Taliban to give up their bru...
May 17, 2021
Is Marxism undermining the US military? Jamie McIntyre © Provided by Washington Examiner DOD header 2020 DIVERSITY AND INCLUSION? OR MARXIST INDOCTRINATION: The decision to relieve a junior Space Force commander of his responsibilities at Buckley Air Force Base, Colorado, is fueling growing debate about whether Marxist ideology is poisoning the apolitical tradition of the U.S. military. In an interview on the Steve Gruber Show podcast, Lt. Col. Matthew Lohmeier said, “Sinc...
May 4, 2021
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May 3, 2021
Reports robust backlog of nearly $5.2 billion driven by Naval Reactors bookings and other wins Reiterates 2021 guidance: non-GAAP earnings range of $3.05 to $3.20 per share Initiates new $500 million share repurchase authorization Commences new multi-year guidance framework for growth, free cash flow and capital allocation BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported first quarter 2021 revenue of $528 million, a 2.6% decrease compared with $542 million in t...
April 20, 2021
Press release content from Business Wire. The AP news staff was not involved in its creation. BWXT Announces $2.2 Billion in Contracts for Naval Nuclear Reactor Components and Fuel April 20, 2021 GMT LYNCHBURG, Va.--(BUSINESS WIRE)--Apr 20, 2021-- BWX Technologies, Inc. (NYSE: BWXT) announced today the award of U.S. Naval Nuclear Propulsion Program contracts totaling approximately $2.2 billion, including future-year options, for the manufacture of naval nuclear reactor components and fuel. “T...
April 20, 2021
BWXT awarded $2.2 billion Navy contract BWX Technologies has been awarded U.S. Naval Nuclear Propulsion Program contracts of $2.2 billion to make naval nuclear reactor components and fuel – including components for the Columbia-class ballistic missile submarine. BWXT has been making reactors for the navy for more than 65-years. Company officials say most of the work will happen in Lynchburg, as well as facilities in Ohio and Indiana and Tennessee over the next 8 years. Here is the news re...