BWXT announces new chief strategy officer

BWX Technologies, a Lynchburg-based manufacturer of nuclear components and fuel, announced this week that it has tapped former Boeing executive Rik Geiersbach as its new chief strategy officer.

Geiersbach most recently was vice president of strategy and corporate development at Boeing, where he orchestrated and drove the development and implementation of the Defense, Space and Security business unit’s strategy, mergers and acquisitions, adjacency growth and research and development investment portfolios. He was also previously Boeing’s vice president of corporate strategy. Before Boeing, he was corporate director of strategic alliances at Northrop Grumman.

In the role, Geiersbach will report directly to BWXT President and CEO Rex Geveden.

“As chief strategy officer, Rik will lead the development, execution and integration of BWXT’s enterprise strategy and merger and acquisition initiatives,” said Geveden in a statement. “His deep experience in driving organic and inorganic growth initiatives will help secure our competitive positioning in the global security, clean energy, and nuclear medicine markets we serve, as well as align our strategic priorities going forward.”

Geiersbach has an MBA from the Anderson School of Management at the University of California, Los Angeles and holds a bachelor’s degree in history from Harvard University.

In August, BWXT announced plans to launch a subsidiary dedicated to the commercialization of fuel for the next generation of nuclear reactors.

In February, BWXT announced it had received $2.1 billion in Navy contracts to manufacture nuclear components for Virginia- and Columbia-class submarines, and in July, it won an additional $2.6 billion in Navy contracts for nuclear reactor components. In early 2025, the company also completed its $100 million purchase of L3Harris’ Aerojet Ordnance Tennessee, in Jonesborough, Tennessee; in April, BWXT bought land in Tennessee for a centrifuge plant.

A Fortune 1000 company, BWXT has nearly 10,000 employees and 20 major operating sites in the United States, Canada and the United Kingdom.