Tag Archives: CB&I

Weekly Roundup February 27 – March 3 2017: The Potomac Officers Club Hosts A Successful 4th Annual Intel Summit & More

Weekly Roundup February 27 – March 3 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson The Potomac Officers Club (POC) hosted its 4th Annual Intel Summit this past Wednesday morning at the Ritz-Carlton Tysons Corner featuring a keynote address from Robert …

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Veritas Capital to Buy CB&I’s Capital Services Business for $755M; Ramzi Musallam Comments

New York City-based investment firm Veritas Capital has agreed to purchase the capital services business of energy technology and infrastructure provider CB&I (NYSE: CBI) for approximately $755 million. Veritas said Tuesday it expects to complete the acquisition in the second quarter of 2017 and will rename and run the business as an independent firm once …

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11 Firms Win Spots on $950M Air Force Facility Design, Construction & Engineering IDIQ

The U.S. Air Force has selected 11 companies to compete for delivery orders to design, build or engineer facilities and infrastructure for the military branch under a potential five-year, $950 million contract. The 772nd Enterprise Sourcing Squadron received 13 offers for the indefinite-delivery/indefinite-quantity contract via a competitive acquisition process, the Defense Department said Tuesday. DoD noted contractors will …

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Army Picks 6 Firms for $301M Environmental Remediation Services Contract

The U.S. Army has selected six companies to support environmental remediation efforts of the military branch’s engineering and support center under a potential five-year,  $301 million contract. The Army Corps of Engineers received 17 proposals for the shared contract via an internet solicitation and work locations will depend on each order,  the Defense Department …

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