ICF International awarded $24M contract with major U.S. utility ICF International has been awarded a new contract from a major U.S. utility to provide habitat restoration program management services following construction of a 500kV electrical transmission line. The contract has a value of $24M and a term of five years.
Government Services upgraded to Market Weight at Wells Fargo Wells Fargo upgraded the Government Services sector to Market Weight from Underweight citing a stable outlook for Federal Funding and an improved pace of award activity. Along with the sector, Wells upgraded Booz Allen (BAH), CACI (CACI), Leidos (LDOS), ManTech (MANT) and NCI, Inc. (NCIT) to Market Perform from Underperform. The firm keeps Market Perform ratings on ICF International (ICFI) and SAIC (SAIC).