Bwxt enters agreement to acquire kinectrics, a leading service provider to the global nuclear market

Lynchburg, va.--(business wire)--bwx technologies, inc. (nyse: bwxt) today announced that it has entered into an agreement to acquire kinectrics, inc., for approximately us$525 million, including assumption of kinectrics' net pension and debt liabilities, and estimated transaction expenses. kinectrics is a leader in providing lifecycle management services for the global nuclear power and transmission and distribution markets, and in the production and supply of isotopes for the radiopharmaceuti.
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