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Latest Federal & Government Contracting Companies' News Coverage
A new TechNavio report has projected the military infrastructure and logistics market in the U.S. to hit a compound annual growth rate of 2.08 percent from 2014 through 2019. The report notes a growing market trend in modern logistic systems, TechNavio said March 11. The market analyst added that the military’s focus on modernization programs would drive the […] More
KBR Inc. has won a five-year, $50 million contract to renovate, repair and maintain the U.S. Navy‘s base in Africa. The Naval Facilities Engineering Command awarded the indefinite-delivery/indefinite-quantity job order to KBR to support the Defense Department‘s activities in Djibouti, Africa, KBR said Friday. “KBR’s prior success working in Djibouti has led to the award of this contract,†said Stuart […] More
Mark Baldwin, former chief financial officer and executive vice president at Dresser-Rand Group Inc., has been named to KBR’s board of directors. Baldwin was EVP, CFO and treasurer at Veritas DGC and was an operating partner at First Reserve Corp. before he went to Veritas, KBR said Tuesday. “We are confident that with Mark’s industry […] More
KBR has received a contract from Hyundai Heavy Industries to design an offshore oilfield in the United Arab Emirates for an undisclosed sum, ARCWeb reported Monday. Tim Shea writes that KBR will provide engineering design services for Package 2 of the three-phase Al-Nasr full field development project, located 80 miles northwest of the capital Abu […] More
Greg Barsby, formerly head of KBR‘s defense and government services business in the Asia-Pacific region, has joined QinetiQ as managing director of its Australian segment and successor to Alan Woolford, who will return to the U.K. QinetiQ said Monday Barsby will begin work for his new role in October and will be based at the company’s office in Canberra. “He brings a background in defence, […] More
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