Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAMFW.L Share News (AMFW)

  • There is currently no data for AMFW

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Amec Foster Wheeler surges on US Air Force contract win

Fri, 04th Mar 2016 12:03

(ShareCast News) - Shares in Amec Foster Wheeler surged on Friday after the oilfield services firm said it has secured a seven-year contract with the US Air Force.The FTSE 250 company said it has been awarded prime contractor position on the Air Force Civil Engineer Center (AFCEC) Architect-Engineering (A-E) 2013 environmental services contract.The new indefinite-delivery/indefinite-quantity contract is for the full range of A-E 2013 environmental services and covers the management and execution of design, and oversight primarily for environmental projects.Amec said the contract has an aggregate maximum value of $500m (£353m) for the eight awardees and is expected to reach completion by 2023.Simon Naylor, group president of Amec's Americas business said: "We are pleased to have been selected by AFCEC once again."As a trusted partner we continue to support them in the execution of their important environmental work, bringing together our global expertise to deliver services safely, efficiently and sustainably."At 1215 GMT, Amec shares were up 7.3% to 466p.
More News
6 Jan 2016 12:09

LONDON MARKET MIDDAY: Stocks Hit By Oil Price Slide, China Concerns

Read more
29 Dec 2015 16:07

Dividends Calendar - Week Ahead

Read more
18 Dec 2015 07:57

Amec Foster Wheeler Wins Contract Worth USD113 Million From Petra

Read more
18 Dec 2015 07:44

Amec Foster Wheeler awarded South African contract

(ShareCast News) - Amec Foster Wheeler underpinned its South African operations on Friday, and extended its relationship with miner Petra Diamonds, with the announcement of a new partnership in the country. The FTSE 250-listed company confirmed the award of an Engineering Procurement and Constructio

Read more
16 Dec 2015 09:50

BROKER RATINGS SUMMARY: Exane BNP Raises Pearson To Outperform

Read more
4 Dec 2015 16:58

LONDON MARKET CLOSE: December Rate Hike All But Confirmed By US Jobs

Read more
4 Dec 2015 09:33

BROKER RATINGS SUMMARY: Barclays Downgrades Whitbread To Equal Weight

Read more
4 Dec 2015 08:19

LONDON BRIEFING: UK Government Sells More Lloyds Banking Shares

Read more
2 Dec 2015 08:09

Amec Foster Wheeler alliance to upgrade power network

(ShareCast News) - Amec Foster Wheeler has founded an alliance with Clancy Docwra, McNicholas and Morrison Utilities Services to implement a £1bn infrastructure programme in the UK over the next 12 years. Working with UK Power Networks, the four companies will refurbish and upgrade electricity subst

Read more
2 Dec 2015 07:54

Amec Foster Alliance To Carry Out Major Upgrade To Power Network

Read more
1 Dec 2015 09:36

BROKER RATINGS SUMMARY: Citi Downgrades Babcock To Sell From Neutral

Read more
27 Nov 2015 12:15

LONDON MARKET MIDDAY: Miners Drag Market But Petra Finds Pink Diamond

Read more
23 Nov 2015 17:01

LONDON MARKET CLOSE: Oil Price Rebound Fails To Rescue Shares

Read more
23 Nov 2015 12:03

LONDON MARKET MIDDAY: US Stocks Seen Lower Ahead Of Thanksgiving

Read more
19 Nov 2015 16:38

Dividends Calendar - Week Ahead

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.