BWX Technologies (BWXT) Hits an All-Time High on Canadian Nuclear Deal

BWX Technologies, Inc. (NYSE:BWXT) is among the  Best Nuclear Energy Stocks to Buy Right Now.

BWX Technologies, Inc. (NYSE:BWXT) closed at its all-time high this week after it was announced that a joint venture led by the company has secured a high-value contract to manage Canadian Nuclear Laboratories. Valued at an average of C$1.2 billion annually, the contract is for six years, with possible extensions reaching up to 20 years.

An aerial view of a nuclear plant, its domes casting a unique shadow.

Moreover, BWX Technologies, Inc. (NYSE:BWXT) continues to expand its footprint and completed the acquisition of Kinectrics last month. The strategic move is aimed at expanding the company’s capabilities, including lifecycle management, specialized plant services, and engineering, along with nearly doubling its workforce.

John MacQuarrie, President of Commercial Operations of BWX Technologies, Inc. (NYSE:BWXT), stated:

“Since we announced our intention to acquire Kinectrics in January, we have been looking forward to this day, when the complementary nature of our organizations begins to take shape. From the commercial nuclear power market to medical isotopes, we are enhancing our capabilities across the board, supporting a growing nuclear new build and life extension industry in Canada and strengthening BWXT’s position in the global nuclear market.”

The share price of BWX Technologies, Inc. (NYSE:BWXT) has surged by over 23% since the beginning of 2025.

BWX Technologies, Inc. (NYSE:BWXT) is a leading supplier of nuclear components and fuel to the US government, including the manufacturing of nuclear reactor components for US Navy submarines and aircraft carriers, and other nuclear and non-nuclear R&D and component production.

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Disclosure: None.