Recent Posts

Whiting-Turner Wins Potential $161M Contract to Rebuild Hurricane-Damaged USMC Base

Whiting-Turner

Whiting-Turner Contracting has won a potential five-year, $161.2M contract covering five projects to replace hurricane-damaged facilities at Marine Corps Air Station Cherry Point in North Carolina. The company will build a 23K-square-foot security building and a 15K-square-foot headquarters squadron facility under the first project of the Hurricane Florence recovery package, the Department of Defense said Wednesday.

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US, Hungary Reach $1B Air Defense Tech Sales Deal

Raytheon AMRAAM

Hungary will procure air defense systems from the U.S. under an estimated $1B deal that involves foreign military and direct commercial sales as the European country aims to modernize its Soviet-era arsenal. The FMS portion of the agreement is for 60 Raytheon Technologies-built (NYSE: RTX) Advanced Medium-Range Air-to-Air Missile-Extended Range systems and support services worth $230M.

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