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Amec wins £75m UK MoD submarine contract

Wed, 29th Jun 2016 07:26

(ShareCast News) - Amec Foster Wheeler said it has won a £75m UK Ministry of Defence contract to supply independent nuclear propulsion safety and technical advice for the Royal Navy's submarine flotilla.The contract, awarded after a competitive tender, will run over five years. The work will be delivered by a specialist team at Amec Foster Wheeler, the company said in a statement.

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5 Nov 2015 12:10

LONDON MARKET MIDDAY: BoE Keeps Rates On Hold With Unchanged Vote

5 Nov 2015 10:34

WINNERS & LOSERS SUMMARY: Emerging Markets Hit Coca-Cola HBC Revenue

5 Nov 2015 08:45

Amec Foster Wheeler slashes dividend, sees long oil weakness

(ShareCast News) - Shares in Amec Foster Wheeler tumbled after the oil and gas engineering services company announced it was cutting its dividend by half and lifting its cost-savings target for the year amid tough market conditions. The company increased its cost savings target by $55m to $180m (£12

5 Nov 2015 08:38

LONDON MARKET OPEN: Morrisons Down, AstraZeneca Up Before Carney & Co

5 Nov 2015 07:57

Amec Foster Wheeler To Cut Costs, Dividend As Conditions Remain Weak

4 Nov 2015 14:07

FTSE 250 movers: Oil bounce and Drax retrofit news fire mid-caps

(ShareCast News) - After a strong start on Wednesday, the FTSE 250 lost momentum but by mid-afternoon was still in positive territory, helped by an oil price bounce. Lifted by a 40-point rise in crude oil, due to a strike in Brazil that is estimated to have put a 25% dent into Brazilian production,

4 Nov 2015 10:31