Federal Contractors | Technology 2023: REX D. GEVEDEN
PRESIDENT AND CEO, BWX TECHNOLOGIES, LYNCHBURG
Before joining BWXT in 2015 as its chief operating officer, Geveden was an executive at Teledyne Technologies, as well as a chief engineer and associate administrator at NASA, where he ran support contracts for the International Space Station and helped develop next-generation lunar vehicles. In 2017, he became CEO of the Lynchburg-based manufacturer of nuclear components and fuels that also builds the reactors powering the Navy’s Ford-class aircraft carriers.
In April, a joint venture led by BWXT won the company’s largest single contract, an up-to-$45 billion order from the U.S. Department of Energy to clean up a decommissioned nuclear production site in southeastern Washington state. The Hanford Site Tank Farms has 177 underground waste storage tanks with 54 million gallons of nuclear waste produced by plutonium production.
In December 2022, BWXT began producing nuclear fuel that will power the first microreactor built and operated in the United States, under a $37 million award from the Idaho National Laboratory.
A Fortune 1000 company, BWXT has approximately 7,000 employees across the U.S., Canada and the U.K. In fiscal 2022, the company reported $2.23 billion in revenue.