Every material Form 8-K BWX Technologies filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
BWX Technologies said it launched a private offering of $500 million of senior notes due 2034 and, separately, cash tender offers for its two outstanding $400 million series of 4.125% senior notes due 2028 and 2029. The company plans to use the new notes' proceeds, with cash on hand, to buy back the older notes and satisfy and discharge the related indentures, which would refinance existing debt rather than add a stated amount of new debt beyond the $500 million offering.
Private offering of $500 million aggregate principal of senior unsecured notes due 2034, guaranteed by certain wholly-owned subsidiaries
Tender offers cover any and all of the $400 million 4.125% notes due 2028 and $400 million 4.125% notes due 2029
Offers and consent solicitations expire at 5:00 p.m. New York City time on November 10, 2026; settlement expected November 13, 2026
Consents sought would eliminate substantially all restrictive covenants and certain events of default in each indenture
BWX Technologies entered into an amendment to its existing credit agreement with Wells Fargo as administrative agent and other lenders. The amendment extends the maturity of the $1.25 billion senior secured revolving credit facility by one year to November 10, 2031, and changes the interest coverage covenant and pricing terms.
Maturity of the $1.25 billion senior secured revolving credit facility extended one year to November 10, 2031
Minimum interest coverage ratio no longer applies if no default exists and the company obtains investment grade ratings (stable outlook or better) from at least two designated rating agencies
Pricing grid set to the lower of the existing leverage-based grid or a grid tied to the company's corporate ratings
BWX Technologies reported third quarter 2026 revenues of $953.0 million and net income of $102.0 million, representing growth over the same period in 2025. The company also tightened its full-year 2026 non-GAAP earnings per share guidance to $4.72-$4.77 and free cash flow guidance to $350 million-$360 million.
3Q26 consolidated revenues were $953.0 million, with net income of $102.0 million and diluted GAAP EPS of $1.11.
3Q26 adjusted EBITDA reached $179.7 million and free cash flow was $150.5 million.
Full-year 2026 non-GAAP EPS guidance was tightened to $4.72-$4.77.
Declared a quarterly cash dividend of $0.27 per common share payable on December 10, 2026.
BWX Technologies reported second-quarter 2026 revenue of $901.6 million, up 18% from a year earlier, and GAAP diluted EPS of $0.97, up from $0.85. The company raised its 2026 guidance for adjusted EBITDA, non-GAAP EPS and free cash flow, and said the guidance includes the Precision Components Group acquisition, which closed July 1, 2026.
Q2 2026 revenue was $901.6 million, up from $764.0 million; Commercial Operations revenue rose 72% to $302.5 million.
GAAP diluted EPS was $0.97 versus $0.85; non-GAAP diluted EPS was $1.07 versus $1.02.
2026 guidance: adjusted EBITDA raised to $662 million-$672 million from $650 million-$665 million; non-GAAP EPS raised to $4.70-$4.80 from $4.60-$4.75.
Q2 free cash flow was $115.0 million, down 9% from $126.3 million; Government Operations operating income fell 3% to $105.7 million.
BWX Technologies reported first quarter 2026 revenue of $860.2 million, up 26% from $682.3 million a year earlier, and GAAP diluted EPS of $0.99, up from $0.82. The company raised its 2026 guidance for adjusted EBITDA, non-GAAP EPS and free cash flow, and said the guidance excludes the pending Precision Components Group acquisition.
Q1 2026 revenue $860.2 million, up 26%; Commercial Operations revenue rose to $283.6 million from $128.3 million
GAAP diluted EPS $0.99 vs. $0.82; non-GAAP diluted EPS $1.12 vs. $0.91; GAAP net income $91.2 million vs. $75.5 million
2026 adjusted EBITDA guidance raised to $650 million-$665 million from $645 million-$660 million; non-GAAP EPS guidance raised to $4.60-$4.75 from $4.55-$4.70
Announced acquisition of Precision Components Group, LLC; 2026 guidance does not include its contribution
BWX Technologies reported fourth-quarter 2025 revenue of $885.8 million, up 19% from a year earlier, and GAAP diluted EPS of $1.01 versus $0.77. Fourth-quarter operating income was roughly flat at $92.1 million, and free cash flow fell to $56.8 million from $224.4 million. The company also initiated 2026 guidance for non-GAAP EPS of $4.55-$4.70, compared with $4.01 reported for 2025.
Q4 2025 revenue was $885.8 million, up from $746.3 million; GAAP diluted EPS was $1.01 versus $0.77.
Full year 2025 revenue was $3,198.4 million, up 18%, and net income was $329.9 million; backlog ended the year at $7.3 billion, up 50%.
2026 guidance: non-GAAP EPS of $4.55-$4.70, adjusted EBITDA of $645 million-$660 million, free cash flow of $305 million-$320 million, and revenue of about $3.75 billion.
Board declared a quarterly dividend of $0.27 per share payable March 27, 2026, to holders of record on March 11, 2026.
BWX Technologies appointed Daniel L. Jablonsky as a director effective March 2, 2026, expanding the board from nine to ten members. He will also serve on the Audit and Finance Committee, and the board determined he is independent and an audit committee financial expert.
Board increased from nine to ten directors on February 18, 2026
Jablonsky's initial term expires at the 2026 annual shareholder meeting
Non-employee director annual equity award is $165,000, per the 2025 proxy statement
Jablonsky previously served as CEO and chairman of Ursa Major and as CEO of Maxar Technologies
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every BWX Technologies filing is on SEC EDGAR ↗. 8-K briefs of other companies →