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Stock impact report

BWX Technologies to Acquire Precision Components Group [Yahoo! Finance]

BWX Technologies, Inc. (BWXT) 
Last bwx technologies, inc. earnings: 2/24 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.bwxt.com
Company Research Source: Yahoo! Finance
BWX Technologies, Inc. (NYSE:BWXT) provides safe and effective nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine, and space exploration. The company is also the sole manufacturer of naval nuclear reactors for US submarines and aircraft carriers. BWX Technologies, Inc. (NYSE:BWXT) announced on April 20 that it had agreed to acquire Precision Components Group, a privately held manufacturer of complex, heavy-walled, and heat-transfer components in the United States. The deal also includes PCG's subsidiaries Precision Custom Components and DC Fabricators. The strategic acquisition will add over 500,000 square feet of US heavy-manufacturing capacity and a skilled workforce of over 400 employees to BWX Technologies, Inc. (NYSE:BWXT)'s portfolio, expanding the company's footprint and commercial nuclear production capacity to serve the rising domestic demand. PCG generated a revenue of approximately $125 million last year. The company will Show less Read more
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