BWX Technologies

BWX Technologies, Inc. (: BWXT), headquartered in Lynchburg, Virginia is an American technology i.e. power generation company. On July 1, 2015, BWX Technologies Inc. began trading separately from its former subsidiary Babcock & Wilcox Enterprises Inc. after a spinoff. Sandy Baker becomes CEO and Fees is chairman. The company had 2,500 employees in Lynchburg and 4,500 total.

After Babcock & Wilcox emerged from bankruptcy in 2006, that company and BWX Technologies (both subsidiaries of the McDermott International, Inc.) consolidated operations as The Babcock & Wilcox Companies headed by President John Fees. Before a move to Charlotte, North Carolina, the company was headquartered in Lynchburg, Virginia, with offices in the downtown district of the city.

BWXT mPower, Inc. was formed in 2012 to design, develop, license and deploy the B&W mPower reactor, a small modular nuclear reactor. The BWXT mPower reactor – currently in development – is a scalable, modular reactor with the capacity to provide output in increments of 180 MWe for a four-year operating cycle without refueling. The business unit is headquartered in Charlotte, NC.

BWXT announced in 2009 plans to design, develop, license and deploy a small modular nuclear reactor (SMR) called the BWXT mPower reactor. The passively safe reactor has an output of 180 megawatts (electric) and is one of several SMRs in development by U.S. engineering firms. The mPower reactor features a full underground containment structure. The reactor design is an integral Pressurized Water Reactor (iPWR) system in which the nuclear core and steam generators are contained within a single vessel. B&W and engineering and construction firm Bechtel maintain an alliance called Generation mPower LLC to produce modular nuclear power plants using the BWXT mPower reactor.

More than two dozen utilities belong to the Generation mPower Industry Advisory Council and provide review, insights and feedback regarding licensing and design activities for the BWXT mPower reactor. The Tennessee Valley Authority has signed a letter of intent to potentially build plants utilizing BWXT mPower reactors.