Babcock & Wilcox secures $21 million in fuel switching awards

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Babcock & Wilcox Secures $21 Million for Fuel Switching Technology Awards; Parts and Services Continues Strong Performance Driven by Increased Baseload Demand

April 29, 2026 6:30 AM EDT

AKRON, Ohio--(BUSINESS WIRE)-- Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has recently secured awards of more than $21 million for fuel switching technologies in the United States reflecting the increased utilization of coal and natural gas power plants. This increased demand for power is also driving continued strong performance in the Companys parts and services business.

B&W continues to experience strong demand for its parts and services as coal power plants in the United States operate at peak capacity for extended periods to meet baseload generation demand, said... More