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Stock Market & Financial Investment News

News Breaks
July 7, 2014
08:52 EDTKBR, RYCEYKBR awarded contract as CSC for LHD ships
KBR (KBR) announced that it has been awarded an initial five-year contract by the Australian Defence Force, or ADF, to provide the Capability Support Coordinator, or CSC, services for the Canberra Class Landing Helicopter Dock, or LHD, ships. The CSC contract will provide configuration management, data management, maintenance monitoring, engineering and supply support services, all within an Asset Management framework to meet the technical integrity, seaworthiness and mission preparedness of the Landing Helicopter Dock ships. KBR has engaged Rolls-Royce (RYCEY) Australia Services Pty Limited to work with KBR to deliver these services. The LHD ships will be the largest vessels ever constructed for the Australian Defence Force, and will be operated by the Royal Australian Navy, or RAN. The two Canberra class LHDs, HMAS Canberra and HMAS Adelaide, can each transport over 1,100 troops, 100 armored vehicles and 12 rotary wing aircraft.
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September 10, 2014
08:11 EDTKBRKBR wins licensing, design services contract, value not disclosed
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