LONDON: FirstGroup plc has been awarded the contract by Transport for London (TfL) to operate the IFS Cloud London Cable Car that links the Greenwich Peninsula with the Royal Docks area on the north bank of the River Thames. The contract will commence on 28 June 2024 and has an initial core five-year term with…
LONDON, UK: Tekmar Group, a leading provider of technology and services for the global offshore energy markets, won a significant new contract to provide pipeline support and protection materials for a major subsea construction project in the Middle East. The contract award is for a value in excess of USD 10 million and is anticipated…
LONDON, UK: Ultra Electronics in partnership with Mahindra Defence Systems Limited, won the Integrated Anti-Submarine Warfare Defence Suite (IADS) programme for selected frontline warships of the Indian Navy. The contract is worth approximately £60 million to Ultra. Deliveries are due to commence in 2024 and to be completed by 2030. IADS provides a powerful multi-sensor…
LONDON, UK: Synectics plc, a leader in the design, integration and support of advanced security and surveillance systems, announced the award of a contract worth approximately £1.0 million for the Dos Bocas refinery in south-eastern Mexico. Synectics and its integration partner, Mathieson Elco, have been awarded a contract by Samsung Engineering to provide safety monitoring…
HELSINK: Skanska has signed a contract with Highways England to improve the A428 road in the East of England region, UK, a news release said. The contract is worth GBP 507 million, about SEK 5.8 billion, which will be included in the order bookings for Europe in the first quarter 2021. Skanska will build a…
LONDON: Ricardo Defense has secured a three-year, $89M contract to provide critical safety upgrades protecting the lives of thousands of HMMWV operators around the world, a news release said. Detroit, Michigan -The Army today awarded Ricardo Defense a base contract to provide up to 9,480 critical safety improvement Antilock Brake System / Electronic Stability Control…
LONDON: Toople Plc announced five new contract wins with leading UK businesses across a variety of sectors. Toople is a provider of bespoke telecom services to UK SMEs, a news release said. The most substantial of the five is a new contract win for Toople to provide a range of services to a large building…
OSLO: Veidekke ASA has received new assignments from Nordr Eiendom in the construction of the Haga Boulevard and Haga Venue residential area in Hagastaden, Stockholm. The design and build contract has a total value of approximately SEK 382 million. The new area will comprise a total of 243 apartments, and the first buyers are scheduled…
LONDON: Glencore Plc announced that its subsidiary Carlisa Investments Corp., has signed an agreement with ZCCM Investments Holding plc to transfer its 90% interest in Mopani Copper Mines plc to ZCCM, the owner of the remaining 10% interest in Mopani, for US$1 and the Transaction Debt. Completion of the sale is conditional on receipt of…
STERLING HEIGHTS: BAE Systems has been awarded a $32 million prototype agreement by the U.S. Army’s Rapid Capabilities and Critical Technologies Office (RCCTO) to integrate a Hybrid Electric Drive (HED) system onto a Bradley Fighting Vehicle. The development program is part of the Army’s effort to increase vehicle efficiency and boost power generation to support…
SINGAPORE: Forise International Limited, through its subsidiary Prisma Technologies Pte Ltd, has secured five new contracts to provide management consulting services for various projects in India and Russia, adding to its growing order book as businesses increasingly seek out deep-technology applications to streamline their operations. The new contracts are worth US$1.3million (S$1.8million) in total and…
LONDON, UK: WANdisco, the LiveData company for machine learning and AI, announced that it has signed an initial deal worth up to $1m with a major British supermarket. In addition, there has been strong uptake for the Group’s Azure Cloud product, with 11 companies registered in the first month of public preview. With the completion…