The Babcock & Wilcox Company (B&W) is a technology innovator in power generation systems, a specialty constructor of nuclear components and a service provider in its segments. The Company provides a variety of products and services to customers in the power and other steam-using industries, including electric utilities and other power generators, industrial customers in various other industries, and the United States Government. The Company operates in four business segments: Power Generation, Nuclear Operations, Technical Services, Nuclear Energy, and Babcock & Wilcox mPower, Inc which works closely with Generation mPower, the joint company formed by B&W and Bechtel to design, license and build the next generation of nuclear power plants based on B&W mPower reactor technology.