Lynchburg-based BWXT segment sets revenue record

  • Share:
August 07, 2019

View full story in The News & Advance.

The Lynchburg-based Nuclear Operations Group of BWX Technologies achieved record-high revenue in the second quarter, the company said.

That group’s revenue rose to $358.4 million in the quarter, up 7.9% from the same quarter the year before. Its operating income and operating margin also increased. Total company revenue rose 7.4% to $471 million, and the firm’s backlog of work stands at $4.5 billion.

Lynchburg-based BWXT has about 6,350 employees in the U.S. and Canada. Most of its approximately 2,500 employees in the Lynchburg area are in the Nuclear Operations Group at the company’s Mt. Athos location.