BWX Technologies reports sales, profit boosts

BWX Technologies said today that sales in its most recent quarter hit $365 million, up from just shy of $336 million in the same three-month period a year earlier.

The company's quarterly profit rose to $49 million, up from $45 million the prior year.

BWX said higher sales were driven by increased manufacturing in its nuclear operations segment as well as "higher activity at our Naval Reactor decommissioning and decontamination project."

The company also saw more nuclear services work in the United States and Canada.