BWX Technologies: When The Past Repeats Itself, Do You Listen?
Jehoshaphat Research is short BWX Technologies Inc (NYSE:BWXT). Q4 2021 hedge fund letters, conferences and more With this report we are uncovering the results of a years-long investigation of BWX Technologies (BWXT). The decision to go public with these findings now rests mainly on two beliefs: A. BWXT’s CFO and Chairman both gave notice of resignation unexpectedly in Q421. These two were also in senior roles at the inception of the disaster now known as Babcock & Wilcox (BW, spun off from BWXT in 2015). BW’s stock today is about 90% lower than at spinoff, thanks to projects that conveniently...