financetom
Business
financetom
/
Business
/
Parsons Tapped for Modernization Project at US Military Ordinance Plant
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Parsons Tapped for Modernization Project at US Military Ordinance Plant
Jul 16, 2024 1:23 PM

04:14 PM EDT, 07/16/2024 (MT Newswires) -- Parsons (PSN) has received a $15.4 million contract to develop initial designs to modernize the alternate nitrate ester manufacturing facility at the Radford Army Ammunition Plant, BAE Systems said Tuesday.

BAE, the London Stock Exchange-listed defense contractor operates the production plant in Virginia that makes the propellants used in ordinance and other munitions for the US military.

Parsons is providing design and engineering services as well as permitting and delivery of a new waste incinerator and processor, as a safe alternative to open burning, BAE Systems said.

Price: 80.14, Change: -0.02, Percent Change: -0.02

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Alpha and Omega Semiconductor to Sell 20% Stake in China Joint Venture for $150 Million
Alpha and Omega Semiconductor to Sell 20% Stake in China Joint Venture for $150 Million
Jul 14, 2025
08:49 AM EDT, 07/14/2025 (MT Newswires) -- Alpha and Omega Semiconductor ( AOSL ) said Monday it agreed to sell about 20.3% of its stake in its joint venture in China for a total cash consideration of $150 million, to be paid in four installments. The company said it expects to complete the proposed sale of its stake in the...
Serabi Q2 Gold Production Rises
Serabi Q2 Gold Production Rises
Jul 14, 2025
08:50 AM EDT, 07/14/2025 (MT Newswires) -- Serabi Gold ( SRBIF ) on Monday reported an increase in gold production in the second quarter. Second-quarter gold production rose to 10,532 ounces, compared with 9,003 ounces in the prior-year period. Total ore mined during the quarter decreased to 52,032 tonnes at 6.72 g/t Au compared with 59,564 tonnes at 5.06 g/t,...
Huntington Bancshares' Expects Q2 Earnings, Net Interest Income to Rise
Huntington Bancshares' Expects Q2 Earnings, Net Interest Income to Rise
Jul 14, 2025
08:46 AM EDT, 07/14/2025 (MT Newswires) -- Huntington Bancshares ( HBAN ) reported preliminary Q2 earnings Monday of $0.34 per share, up by about 13% from a year earlier. Analysts polled by FactSet are expecting $0.33. Preliminary net interest income for the quarter ended June 30 was $1.5 billion, 12% higher than the year-ago quarter. Analysts surveyed by FactSet expect...
Copyright 2023-2026 - www.financetom.com All Rights Reserved