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BWX Technologies (BWXT) Sells Medical Business And Signs New Thorium Fuel Deal
Simply Wall St.51d agobearish
BWX Technologies (BWXT) Sells Medical Business And Signs New Thorium Fuel Deal

BWX Technologies (NYSE:BWXT) has agreed to sell its medical business to Nordic Capital, while keeping a minority interest and technical involvement. The company has also signed a fuel fabrication agreement with Clean Core Thorium Energy related to future nuclear fuel deployments. These moves indicate a shift in BWX Technologies’ business mix toward core nuclear operations and advanced fuel capabilities. BWX Technologies enters these transactions with a share price of $173.79 and a 5 year...

A Look At BWX Technologies (BWXT) Valuation After Defense Contracts And Sector Selloff
Simply Wall St.112d agobearish
A Look At BWX Technologies (BWXT) Valuation After Defense Contracts And Sector Selloff

BWX Technologies (BWXT) is drawing fresh attention after its shares moved lower alongside a sector-wide aerospace and defense selloff, even as the company secured over US$1.4b in U.S. Naval Nuclear Propulsion Program contracts. See our latest analysis for BWX Technologies. That sector-wide weakness has pulled BWX Technologies’ 7 day share price return down 7.15% and its 30 day share price return down 14.75%. However, the 1 year total shareholder return of 44.14% and 5 year total shareholder...