Feb 11 2010
The Shaw Group Inc. (NYSE: SHAW) today announced it has been awarded a five-year worldwide environmental remediation services contract from the U.S. Army Corps of Engineers Engineering and Support Center, Huntsville (Ala). Shaw will provide munitions removal activities, environmental compliance and remediation services at U.S. Department of Defense sites around the world. This is Shaw’s second consecutive worldwide environmental remediation contract with the Huntsville Center.
As part of its Munitions and Range Program, Shaw employs more than 200 Department-of-Defense-approved explosive ordnance disposal technicians, safety personnel and quality control personnel, supported by multiple engineering disciplines and scientists. Over the past year, the federal government awarded Shaw more than $100 million in munitions response work, which included projects ranging from site assessments and investigation to full-scale removal and destruction. To date, Shaw has completed more than 2,000 munitions-related response projects, including unexploded ordnance, discarded military munitions and munitions constituents.
“With 30 years’ experience in the munitions response industry, Shaw is a proven leader in the execution of these high-value projects that operate safely and effectively,” said George Bevan, president of Shaw’s Environmental & Infrastructure Group. “Shaw’s commitment to provide our clients with the highest standards of environmental technology and safety align with the Department of Defense’s long-term efforts to remediate their global operations from harmful munitions and other environmental concerns.”
Shaw is one of eight firms selected to compete on task orders with a maximum contract value of $945 million, if all options are exercised, through 2014. The amount to be included in Shaw’s Environmental & Infrastructure segment’s backlog of unfilled orders in the second quarter of fiscal year 2010 was undisclosed.
Source: http://www.shawgrp.com