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Extending Market Reach: New Project Contracts, Strategic Acquisitions and Management Appointments - Research Report on KBR, Jacobs, CACI, AECOM and URS


News provided by

Wall Street Reports

Jun 13, 2013, 08:00 ET

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NEW YORK, June 13, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

Today, Wall Street Reports announced new research reports highlighting KBR, Inc. (NYSE: KBR), Jacobs Engineering Group Inc. (NYSE: JEC), CACI International Inc. (NYSE: CACI), AECOM Technology Corporation (NYSE: ACM) and URS Corporation (NYSE: URS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.

KBR, Inc. Research Report

On May 28, 2013, KBR, Inc. (KBR) announced the award of a task order to its joint venture with CH2MHill, under the Air Force Contract Augmentation Program (AFCAP) to provide, operate, and maintain power plants at Al Udeid Air Base, Qatar for the U.S. Air Force. The period of performance of the task order is a base year plus two option years with an estimated value of $17.9 million. "This award marks the 40th task order award to our joint venture under AFCAP and shows the continued trust and confidence our client places in us to support their mission critical, overseas operations," said Andy Summers, Group President, KBR Infrastructure, Government and Power. "I am pleased that KBR has been selected and look forward to building on our long-standing relationship as we work toward successful completion of this project." The Full Research Report on KBR, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/5581_KBR]

--

Jacobs Engineering Group Inc. Research Report

On June 4, 2013, Jacobs Engineering Group Inc. (Jacobs) announced that it has acquired Compass Technology Services, Inc. The Company stated that the acquisition of Compass enhances Jacobs' capabilities in wireless telecommunications infrastructure design and construction; both geographically and by adding additional capabilities to serve the wireless telecommunications industry.  Jacobs' Group Vice President Kevin McMahon stated, "We are pleased to acquire this solid business with a history of good performance. Compass' talented employees and strong client relationships align well with our relationship-based business model. This acquisition allows us to further diversify our services and drive greater growth in our telecommunications business." The Full Research Report on Jacobs Engineering Group Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/a01c_JEC]

--

CACI International Inc. Research Report

On June 10, 2013, CACI International Inc. (CACI) announced that it has been selected as one of 15 prime contractors on a multiple-award contract that provides Business and Force Support services for the U.S. Navy. The five-year multiple-award contract is one of multiple full and open "Pillar" contracts that will support the entire spectrum of non-inherently governmental services and solutions associated with full system lifecycle support of the Space and Naval Warfare Systems Center (SSC) Atlantic Business Portfolios. According to CACI President and Chief Executive Officer Ken Asbury, "This new work in business and force support is an integral part of our growth strategy to secure large contract vehicles that capitalize on our wide range of capabilities. It further positions us to expand our footprint in the high-volume C4ISR market area while at the same time helping our customers to fulfill their most critical missions." This new work further expands CACI's presence in its C4ISR (command, control, communications, computers, intelligence, surveillance, and reconnaissance), Business Systems, Cyber, and Enterprise IT market areas. The Full Research Report on CACI International Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/7b7e_CACI]

--

AECOM Technology Corporation Research Report

On June 3, 2013, AECOM Technology Corporation (Aecom) announced that it has been selected to provide design consultancy and construction supervision services for the Al Wakrah Stadium and Precinct for the 2022 FIFA World Cup Qatar. The Qatar 2022 Supreme Committee has appointed AECOM, in association with Zaha Hadid Architects, as the design consultant for the project. "We are delighted to be involved with the 2022 FIFA World Cup program and to support the Qatar 2022 Supreme Committee," said AECOM Chairman and Chief Executive Officer John M. Dionisio. "This is an exciting time for Qatar, and our global team of forward-thinking sports experts is well equipped to meet the challenges that a project of this caliber demand." The Full Research Report on AECOM Technology Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/80fd_ACM]

--

URS Corporation Research Report

On May 28, 2013, URS Corporation (URS) announced that W.J. Lingard has been appointed to the newly created position of Executive Vice President and Chief Operating Officer, with immediate effect. Mr. Lingard is the former President and Chief Executive Officer of Flint Energy Services Ltd., a leading provider of construction services to the North American oil and gas market. He joined URS following the Company's acquisition of Flint in May 2012. Mr. Lingard said: "In a challenging, highly competitive market, URS has tremendous advantages, including scale and geographic reach, leading talent and expertise in a diverse group of market sectors, and a strong culture of client service. I look forward to contributing to the Company's ongoing growth and success." As Chief Operating Officer, Mr. Lingard will assume increasing responsibility for oversight of all of the Company's operating divisions - Federal Services, Infrastructure & Environment, Energy & Construction and Oil & Gas - over the coming months. The Full Research Report on URS Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/d618_URS]

----

EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
  4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
  5. For any urgent concerns or inquires, please contact us at [email protected].
  6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

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Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

SOURCE Wall Street Reports

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