B&W Responds to Decision on Second Procurement Protest

B&W Responds to Decision on Second Procurement Protest

CHARLOTTE, N.C.--(BUSINESS WIRE)-- The Babcock & Wilcox Company (B&W) (NYS: BWC) has learned of the Government Accountability Office (GAO) decision to dismiss as premature most of the protest filed by Nuclear Production Partners, LLC (NP²). This protest was filed in regard to the corrective action taken by the National Nuclear Security Administration (NNSA) after GAO sustained NP²'s initial protest of the combined management and operating contract award for the Y-12 National Security Complex (Y-12) and Pantex Plant (Pantex).

"With the agency maintaining that most of NP²'s protest is premature, we look forward to NNSA's next steps in the process, knowing the strength of our proposal and team," said George Dudich, President, Babcock & Wilcox Technical Services Group, Inc. "In the meantime, we remain focused on operating Y-12 and Pantex safely and securely until a final decision on the contract is made."

NP² submitted the additional information requested by the NNSA Contracting Officer's notice letter to NP², dated June 6, 2013, after NP²'s first protest was sustained.

About B&W

Headquartered in Charlotte, N.C., The Babcock & Wilcox Company is a leader in clean energy technology and services, primarily for the nuclear, fossil and renewable power markets, as well as a premier advanced technology and mission critical defense contractor. B&W has locations worldwide and employs approximately 12,000 people, in addition to approximately 10,400 joint venture employees. Learn more atwww.babcock.com.

The Babcock & Wilcox Company
Media:
Aimee Mills, 980-365-4583
Media Relations Lead
aemills@babcock.com
or
Investors:
Jenny L. Apker, 704-625-4937
Vice President, Treasurer and Investor Relations
investors@babcock.com

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