Brief: BWXT Agrees To Leading Nuclear Market Service Provider Kinectrics

BWX Technologies

07/01/2025 11:20

Jan 7 (Reuters) - BWX Technologies Inc  BWXT.N :
    * BWXT ENTERS AGREEMENT TO ACQUIRE KINECTRICS, A LEADING
SERVICE
PROVIDER TO THE GLOBAL NUCLEAR MARKET
    * BWX TECHNOLOGIES INC - TO ACQUIRE KINECTRICS FOR
APPROXIMATELY
$525 MILLION
    * BWX TECHNOLOGIES INC - ACQUISITION EXPECTED TO CLOSE
MID-2025
AND BE MODESTLY ACCRETIVE TO EARNINGS
    * BWX TECHNOLOGIES INC - DAVID HARRIS TO CONTINUE AS
PRESIDENT &
CEO OF KINECTRICS

Source text:  ID:nBw6NmDLqa 
Further company coverage:  BWXT.N 

 ((Reuters.Brief@thomsonreuters.com))