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Babcock & Wilcox's environmental and renewable units won a roughly $65 million contract from Lostock Sustainable Energy Plant Ltd to provide engineering and technologies for a waste-to-energy plant near Manchester, UK. The plant will generate 60+ MW from about 600,000 tonnes of waste annually.
BWXT Canada won a contract worth about CA$130 million from Bruce Power to fabricate and supply replacement feeders for reactor units 3, 4, 5, 7 and 8 in its Major Component Replacement project. Production starts in fall 2022 and runs to 2031.
Babcock & Wilcox's B&W Renewable unit won a contract worth about $22 million to design and supply a 440-ton-per-day waste-to-energy boiler and combustion equipment for a power producer in Asia. The plant will process about 160,000 tons of industrial waste annually.
BWX Technologies received US Naval Nuclear Propulsion Program contracts worth about $2.6 billion, including options, for manufacturing naval reactor components for Virginia, Columbia and Ford-class vessels. Deliveries run over six to eight years.
Dürr is acquiring 100% of three Babcock & Wilcox subsidiaries (MEGTEC and Universal segments) for an enterprise value of about EUR 110 million, with closing expected in Q3 2018.
The U.S. Naval Nuclear Propulsion Program exercised contract options worth more than $151 million with BWXT subsidiary Nuclear Fuel Services for fuel manufacture, development and decommissioning for submarines and aircraft carriers. The options were awarded in Q4 2017, and most work will finish during 2018.
