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Babcock & Wilcox backlog hits record $2.8B on massive AI data center pivot
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Babcock & Wilcox backlog hits record $2.8B on massive AI data center pivot

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Babcock & Wilcox Enterprises (NYSE: BW) reported fourth-quarter and full-year 2025 results on Wednesday, revealing a transformative shift in its business profile as a multi-billion dollar AI data center contract propelled its backlog to record heights.