BRIEF-BWXT Agrees To Leading Nuclear Market Service Provider Kinectrics-March 2024-www.financetom.com

BRIEF-BWXT Agrees To Leading Nuclear Market Service Provider Kinectrics

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BRIEF-BWXT Agrees To Leading Nuclear Market Service Provider Kinectrics

Jan 7, 2025 3:58 AM

Jan 7 (Reuters) - BWX Technologies Inc ( BWXT ):

* BWXT ENTERS AGREEMENT TO ACQUIRE KINECTRICS, A LEADING

SERVICE

PROVIDER TO THE GLOBAL NUCLEAR MARKET

* BWX TECHNOLOGIES INC ( BWXT ) - TO ACQUIRE KINECTRICS FOR

APPROXIMATELY

$525 MILLION

* BWX TECHNOLOGIES INC ( BWXT ) - ACQUISITION EXPECTED TO CLOSE

MID-2025

AND BE MODESTLY ACCRETIVE TO EARNINGS

* BWX TECHNOLOGIES INC ( BWXT ) - DAVID HARRIS TO CONTINUE AS

PRESIDENT &

CEO OF KINECTRICS

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