BWX Technologies to acquire Kinectrics for $525m.

BWX Technologies, a nuclear components and fuel supplier, agreed to acquire Kinectrics, an energy lifecycle management services company, for $525m. “This acquisition expands our ability to deliver end-to-end solutions to existing and new customers more efficiently. The investment uniquely brings together two industry leaders with complementary expertise and service offerings in the growing commercial nuclear power and nuclear medicine markets. With the talented team joining from Kinectrics, we are strengthening our ability to meet our customers’ evolving needs. This includes supporting utilities as they explore ways to expand nuclear power generation through life extensions and new builds, partnering with small modular reactor designers seeking comprehensive regulatory, engineering, manufacturing, and aftermarket solutions, and collaborating with healthcare partners who require reliable isotopes for under-supplied medical isotopes revolutionizing oncology,” John MacQuarrie, BWXT President of Commercial Operations.