New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News For FLR;KBR;JEC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
July 6, 2015
08:12 EDTKBRKBR announces two new strategic business agreements with BCP
KBR announced that it has agreed to enter into two new partnerships with Bernhard Capital Partners, or BCP. The first agreement will establish a new, equally owned and managed company, Brown & Root Industrial Services. KBR's Industrial Services Americas, part of the Engineering & Construction Business Group, will become part of the company and will continue to offer maintenance services, turnarounds and small capital expenditure projects. The company will also comprise of WINK Engineering, a BCP portfolio company specializing in maintenance engineering design services to the refining, chemical/petrochemical, and bulk storage terminal industries. Brown & Root Industrial Services will be headquartered in Baton Rouge, Louisiana. In addition to this partnership, EPIC Piping, a BCP portfolio company, plans to acquire KBR's Canadian pipe fabrication facility. KBR will become a minority limited partner in EPIC Piping and will enter into an alliance agreement that will give KBR access to EPIC's world class pipe fabrication facilities in Louisiana & Texas. KBR expects to receive approximately $32M in net cash proceeds from the two transactions which are expected to close prior to year end.
July 1, 2015
17:40 EDTFLRFluor selected for six-year position on AFCAP IV
Fluor announced today that the Air Force Installation Contracting Agency awarded the company and its joint venture partner, AMEC Foster Wheeler, a position on the Air Force Contract Augmentation Program IV, or AFCAP IV, for six years beginning October 1. As one of eight companies selected for a position on the AFCAP IV indefinite delivery/indefinite quantity contract, Fluor-AMEC II, LLC, is now eligible to compete for specific task orders with a combined value not to exceed $5 billion during the contract period of performance. AFCAP IV task orders are intended to provide base life support services, engineering and logistics support worldwide to the Air Force and other Department of Defense and U.S. federal agencies.
June 30, 2015
09:14 EDTFLRFluor selected as preferred bidder to manage, operate Canadian Nuclear Labs
Subscribe for More Information
08:02 EDTJECJacobs Engineering in Joint Venture for Melbourne metro rail project contract
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use