BWX Technologies reports increased sales, profit

BWX Technologies, which builds the nuclear reactors used on Navy aircraft carriers and submarines, said this week sales in its most recent quarter reached $410 million, up about 2 percent from the same three-month period a year earlier. 

The company reported profit of $61 million, up about 5 percent from the prior year.

BWXT's nuclear operations group, which includes its naval work, reported quarterly sales of $313 million, down from $326 million a year earlier. The unit's quarterly profit hit $75 million, 16 percent higher than the prior year.