The Insider

BWXT reports bolstered sales

August 7, 2018 at 9:31 AM

BWX Technologies, which builds the nuclear reactors used on Navy aircraft carriers and submarines, said this week sales in its most recent quarter reached $439 million, up 7 percent from the same three-month period a year earlier.

The company's quarterly profit hit $60.7 million, essentially flat from the prior year.

BWXT's nuclear operations group, which includes its naval work, reported quarterly sales of $332 million, up 6 percent from a year earlier as a result of “higher missile tube volume and more fuel activity.”