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Tag Archives: construction

Gilbane Wins $134M Army Contract to Build 2 Military Facilities in South Korea

Gilbane‘s federal business has won a $133.5 million contract from the U.S. Army to construct the U.S. Forces Korea’s operations center and a facility at the U.S. Army Garrison Humphreys. The Defense Department said Monday work will occur in South Korea through May 2, 2020. The Army Corps of Engineers received seven offers for the contract …

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Navy Picks 5 Firms for $99M NAVFAC Construction Support IDIQ

The U.S. Navy has awarded five companies spots on a potential five-year, $99 million contract to provide construction support services for the Naval Facilities Engineering Command. NAVFAC received 16 bids for the multiple-award, indefinite-delivery/indefinite-quantity contract that has a one-year base period and four one-year options, the Defense Department said Friday. The design-build contract covers housing renovation …

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State Dept OKs $319M Air Base Facility Construction Support Deal With Kuwait

The State Department has cleared Kuwait’s request to procure construction services in support of the establishment of various facilities at the country’s Al Mubarak air base under a potential $319 million foreign military sales agreement. Kuwait requested engineering, design, infrastructure assessment, contract administration, project management, surveys, acquisition and other technical services in support …

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5 Companies Win Spots on $95M NAFVAC Construction, Renovation Services IDIQ

Five companies have won spots on a potential five-year, $95 million contract to provide construction and renovation support services for the Naval Facilities Engineering Command. NAVFAC received 18 offers for the multiple-award, indefinite-delivery/indefinite-quantity contract that has a one-year base term and four one-year options, the Defense Department said Tuesday. The design-build contract …

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January 25 Market Close: GovCon Index Higher on Boeing Earnings Beat, Textron Miss Weighs

Executive Mosaic’s GovCon Index held onto its gain Wednesday with help from Boeing (NYSE: BA) on the airplane maker’s fourth quarter results above analyst forecasts to offset the decline by Textron (NYSE: TXT) after its October-December figures disappointed Wall Street. U.S. stocks by comparison hit all-time highs again in comparison as the S&P …

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Huntington Ingalls Awarded $1.5B to Build Navy’s 12th San Antonio-Class Amphibious Warship

Huntington Ingalls Industries (NYSE: HII) has secured a potential $1.46 billion contract modification to design and construct a 12th San Antonio-class amphibious transport dock for the U.S. Navy. The Defense Department said Monday it expects Huntington Ingalls to complete detail design and construction work on USS Fort Lauderdale (LPD 28) by October 2021. The …

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Navy Taps 6 Firms for $99M NAVFAC Construction Support IDIQ

The U.S. Navy has awarded six companies spots on a potential three-year, $99 million contract to provide construction services for projects of the Naval Facilities Engineering Command’s Washington integrated product team. NAVFAC received 24 bids for the multiple-award,  indefinite-delivery/indefinite-quantity contract that has a base period of one year and two …

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Air Force Picks 15 Contractors for $660M in Engineering, Construction Support IDIQs

Fifteen companies have won positions on a pair of five-year contracts worth up to $660 million combined to design and build new facilities as well as renovate or repair existing infrastructure for the U.S. Air Force. The Air Force picked 12 companies to compete for engineering, design and construction work in the U.S. …

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Air Force Awards 11 Spots on $300M West Region Design, Construction Services IDIQ

Eleven companies have won spots on a five-year, $300 million contract for design, construction and engineering services to the U.S. Air Force. The Defense Department said Wednesday contractors will vie for task orders to design,  build, repair, renovate or restore Air Force facilities and infrastructure within the West region using a wide range …

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Leidos Boosts Full-Year Guidance on 3Q Earnings Beat, Huntington Ingalls Misses Street’s Estimates

GovCon Index-listed companies Leidos Holdings (NYSE: LDOS) and Huntington Ingalls Industries (NYSE: HII) released third quarter financial results before markets opened Thursday with both contractors at different stages in major merger-and-acquisition activity. Leidos, the U.S.’ largest government services provider, raised full-year guidance for both earnings per share and revenue as third quarter EPS exceeded the …

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