BWX Technologies Raises Lower End of 2026 Free Cash Flow Guidance
BWX Technologies raised the lower end of its 2026 free cash flow guidance to $350–$360 million. Management also outlined expectations for continued earnings growth in 2027, reaffirmed 2030 revenue and adjusted EBITDA objectives, and said a Cambridge expansion increases heavy-component production capacity by approximately 50%.
During its third-quarter earnings call, BWX Technologies, Inc. outlined expectations for continued earnings growth in 2027, driven by operational improvements, expanded special materials programs, and commercial nuclear opportunities. Management reaffirmed its 2030 objectives of $5.5—$6 billion in revenue and $1.1—$1.2 billion in adjusted EBITDA. Additionally, the company raised the lower end of its 2026 free cash flow guidance to a range of $350—$360 million.
CEO Rex Geveden noted that the company has completed its Cambridge manufacturing expansion, which increases heavy-component production capacity by approximately 50%.