Babcock & Wilcox Bags $42M Contract For Installation Of Environmental Equipment

Akanksha Bakshi

Thu, Aug 18, 2022, 12:49 PM1 min read

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Babcock & Wilcox Enterprises Inc (NYSE: BW) Babcock & Wilcox Construction Co., LLC (BWCC) has secured a contract for ~$42 million to provide construction and installation services for an environmental upgrade project at a U.S. power plant.
BWCC's project scope includes modifying the plant's environmental equipment to optimize the plant's operation.
"BWCC is a single-source supplier of a full range of field construction, construction management and maintenance services and our customers can count on us to execute projects on schedule and with intense focus on delivering a finished product that meets every expectation," commented B&W EVP and COO Jimmy Morgan.
Price Action: BW shares are trading higher by 0.91% at 7.80 on the last check Thursday.

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Babcock & Wilcox Bags $42M Contract For Installation Of Environmental Equipment

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