CEO also is bullish on its small nuclear reactor unit despite a just-canceled key US project due to higher projected power cost.

Looking into the coming year, experts are cautiously optimistic of a stronger construction market, particularly in certain sectors such as manufacturing and health care.

The Biden administration’s Federal Sustainability Plan, announced in April, will require all agencies to transition to light-duty electric vehicles by 2027 and heavy-duty zero-emission vehicles by 2035.

American Institute of Architects/Deltek Architecture Billings Index shows the third consecutive monthly billings decline for U.S. architecture firms. 

Transaction, set to close by third quarter next year, would create new public company with more than 53,000 employees, of which Jacobs shareholders would have a 63% ownership stake.

Firm execs cited “extensive lead times across critical components” in late 2027 start of Zachry-built scaled-up project in Texas Permian energy region, In mid-November earnings call.

A lawsuit by AECOM over its former construction unit's sale price remains unresolved.

Boryspil International Airport, Ukraine's largest, has been closed since Russia began its invasion last year.

In just unsealed whistleblower complaint, former site construction manager says utility owner of over-budget Kemper project in Mississippi defrauded the U.S. Energy Dept. of hundreds of millions in funding.

Siemens Gamesa said Portsmouth project would not meet “development milestones,” but sector participants seek new ways to keep land and water development moving forward.