AI & Infrastructure CapexAI 与基础设施资本开支
BWX Technologies, Inc.
BWXT —Price and target zones价格与目标区间
What the company does公司做什么
BWX Technologies makes the nuclear reactors and fuel that power United States Navy submarines and aircraft carriers. It is the only company qualified to do this work, which makes it hard to replace.BWX Technologies 制造为美国海军潜艇和航空母舰提供动力的核反应堆和核燃料。它是唯一有资格做这项工作的公司，这让它很难被替代。
Earns from营收来源 long-term, sole-source government contracts, plus a smaller commercial nuclear business.长期的、独家来源的政府合同，外加一块规模较小的商用核能业务。
Read the full description查看完整介绍
BWX Technologies, Inc. manufactures and sells nuclear components in the United States, Canada, and internationally. The company operates through two segments, Government Operations and Commercial Operations. It manufactures precision naval nuclear components, reactors, and nuclear fuel; close-tolerance and high-quality equipment for nuclear applications; critical nuclear components, fuels and assemblies for government and limited other uses; down blend government stockpiles of uranium; and fabricate fuel-bearing precision components. The company also supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers; research reactor fuel elements for colleges, universities, and national laboratories; and components for defense applications. In addition, it manufactures commercial nuclear steam generators, nuclear fuel, fuel handling systems, pressure vessels, reactor components, heat exchangers, tooling delivery systems; and containers for the storage of nuclear fuel and other high-level nuclear waste. Further, the company supplies nuclear fuel, fuel handling systems, tooling delivery systems, nuclear-grade materials and precisely machined components; and manufactures medical radioisotopes, radiopharmaceuticals, and medical devices. Additionally, it provides specialized engineering services that include structural component design, 3-D thermal-hydraulic engineering analysis, weld and robotic process development, electrical and controls engineering and metallurgy and materials engineering; in-plant inspection, maintenance and modification services; and non-destructive examination and tooling/repair solutions. It also offers nuclear power plant lifecycle support and management services. The company was formerly known as The Babcock & Wilcox Company and changed its name to BWX Technologies, Inc. in June 2015. BWX Technologies, Inc. was founded in 1867 and is headquartered in Lynchburg, Virginia.
What the company sells公司卖什么
Plus:此外： Government Operations政府业务 (81%) — Designs and makes naval nuclear reactors, their components, and their fuel for the US Navy. Also does small-reactor and national-security work. FY2024 revenue was about $2.2 billion为美国海军设计和制造舰用核反应堆、部件和燃料。也承接小型反应堆和国家安全相关的工作。FY2024 收入约为 $2.2 billion; Commercial Operations商业业务 (19%) — Components for commercial nuclear power plants, nuclear fuel and services, and medical isotopes used in hospitals. FY2024 revenue was about $524 million为商用核电站提供部件、核燃料和相关服务，以及医院使用的医用同位素。FY2024 收入约为 $524 million.
Company facts公司资料
- Founded成立时间
- 1867
- Headquarters总部
- Lynchburg, Virginia
- Former name曾用名
- The Babcock & Wilcox Company
- Employees员工人数
- 10,400
- Industry行业
- Aerospace & Defense
- Country国家
- United States
Investment thesis投资逻辑 from the watchlist来自关注列表
🔬 /analyze priority #4. Sole-source US Navy nuclear propulsion + BWRX-300 SMR. 32.7x fwd, tgt $238 (+40%). The natural SMR replacement — same theme, real revenue.
🔬 /analyze 优先级 #4。 美国海军核动力推进的独家供应商 + BWRX-300 小型模块化反应堆（SMR）。32.7x 前瞻(市盈率)，目标价 $238（+40%）。天然的 SMR 替代标的 —— 同一主题，且有真实营收。
Historical results历史业绩 past fiscal years — these values do not change过去财年——这些数值不会变动
Profit margins利润率 the share of revenue that stays as profit营收中留存为利润的比例
of every $1 of revenue每 $1 营收中的占比
- Return on equity净资产收益率
- 28%
- Revenue growth营收增长
- +18%
- Dividend yield股息率
- 0.60%
Competitors竞争对手
Why customers stay客户为什么留下
BWXT is the only company qualified and licensed to make naval nuclear reactor components and fuel for the US Navy. To replace it would mean rebuilding decades of specialised facilities, security clearances, and skilled staff — effectively impossible in the short term. It won a $2.1 billion sole-source award in early 2025.BWXT 是唯一有资格并获得许可、为美国海军制造舰用核反应堆部件和燃料的公司。要替换它，就意味着重建几十年积累的专用设施、安全许可和熟练人员——在短期内基本不可能。它在2025年初拿下了一份21亿美元的独家来源订单。
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Recent news近期新闻 last 7 days近7天
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- BWX Technologies (BWXT) Could Be 34% Undervalued Following Its Recent PullbackSimply Wall St.
- BWX Technologies vs. Archer Aviation: What Do the Revenue Trends of These Aerospace and Defense Companies Tell Investors?Motley Fool