Key Developments: URS Corp (URS)
47.49USD
19 Jun 2013
$-1.07 (-2.20%)
$48.56
$48.30
$48.30
$47.42
450,916
635,718
$49.45
$32.12
Latest Key Developments (Source: Significant Developments)
Urs Corp Secures Design-Build Contract
Urs Corp announced that the Company has been awarded an indefinite delivery/indefinite quantity, multiple award contract from the U.S. Army Engineering and Support Center in Huntsville, Alabama, to provide design-build services for the Medical Repair and Renewal Program in the continental United States and at overseas locations. The contract has a one-year base and four one-year option periods. The program has a maximum, aggregate value of approximately $585 million to the seven awardees, if all option periods are exercised. Under the terms of the contract, URS can compete for or be awarded task orders to design and build U.S. Army medical facilities. This work can include repairs, renovations, and procurement, as well as the installation and maintenance of required equipment and systems. Full Article
Urs Corp Reaffirms FY 2013 Guidance
Urs Corp announced that for fiscal 2013, it continues to expect consolidated revenues to be between $11.8 billion and $12.2 billion and also continues to expect that earnings per share (EPS) to be between $4.25 and $4.75, on a fully diluted basis. According to I/B/E/S Estimates, analysts are expecting the Company to report revenues of $11.9 billion and EPS of $4.49 for fiscal 2013. Full Article
Urs Corp Announces Quarterly Dividend
Urs Corp announced that on May 3, 2013, the Company declared a quarterly cash dividend of $0.21 per common share for the second quarter of 2013. The dividend will be paid on July 5, 2013 to stockholders of record as of June 14, 2013. Full Article
Urs Corp Reaffirms FY 2013 EPS Guidance-Conference Call
Urs Corp announced that EPS guidance for fiscal 2013 is $4.25 to $4.75. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $4.49 for fiscal 2013. Full Article
Urs Corp Issues FY 2013 Guidance In Line With Analysts' Estimates; Declares Quarterly Cash Dividend
Urs Corp announced for fiscal 2013, it expects consolidated revenues to be between $11.8 billion and $12.2 billion and EPS to be between $4.25 and $4.75, on a fully diluted basis. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $12.1 billion and EPS of $4.50 for fiscal 2013. The Company also announced that Board of Directors has approved a 5% increase in its regular quarterly cash dividend to $0.21 per common share. The dividend will be paid on April 5, 2013 to stockholders of record as of March 15, 2013. Full Article
Urs Corp Lowers FY 2012 EPS Guidance; Reaffirms FY 2012 Revenue Guidance
Urs Corp announced that for fiscal 2012, it expects fully diluted earnings per share to be between $4.12 and $4.17, as compared to the previous range of $4.20 to $4.30 and continues to expect revenues of approximately $11.0 billion. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $10.9 billion and EPS of $4.28 for fiscal 2012. Full Article
Urs Corp Secures NATO Management Advisory Services Contract
Urs Corp announced that a URS-led team has been awarded one of four indefinite delivery/indefinite quantity contracts to provide management advisory services to the North Atlantic Treaty Organization (NATO). The contract has a six-year performance period. Under the contract, URS and its strategic subcontractors will compete for future task orders in support of NATO`s transition to its new headquarters facility in Brussels, as well as other current and future organizational change and improvement initiatives. Specific services could include communications support, logistics consulting, infrastructure and facilities operations and management consulting, business process design and management, program and project management support, and human capital management consulting. In addition, the contract is also usable by all NATO Commands to support current and ongoing NATO missions globally. Full Article
Urs Corp Secures U.S. Army Contract For Maintenance Supply And Operations
Urs Corp announced that it has been awarded a contract from the U.S. Army Contracting Command in Rock Island, Illinois, to provide operations and maintenance services to support the U.S. Department of State at numerous locations. The contract, which includes a base period of one year with two three-month option periods, has a maximum value of approximately $111 million to URS. Under the contract, URS will provide maintenance support and property accountability for military equipment for the Department of State and Office of Security Cooperation - Iraq. URS will support critical equipment including a variety of tactical communications systems, the Giraffe radar-based surveillance and air defense command and control system, and the FLIR Star SAFIRE III sensor systems. Full Article
Urs Corp Secures U.S. Army Flight Training Contract
Urs Corp announced that it has been selected by the U.S. Army to provide Rotary Wing Flight Training at the U.S. Army Aviation Center of Excellence (USAACE) in Fort Rucker, Alabama. The contract has a one-year base period and two one-year option periods, with a maximum value of approximately $165 million to URS over the full three years. Under the contract, URS will provide undergraduate helicopter training to more than 1,200 U.S. Army, U.S. Air Force and international military aviators annually. Full Article
Urs Corp Declares Quarterly Dividend
Urs Corp announced that it has declared a quarterly cash dividend of $0.20 per common share for the fourth quarter of 2012. The dividend will be paid on January 4, 2013 to stockholders of record as of December 14, 2012. Full Article
URS profit declines as energy, construction work slows
- Engineering company URS Corp posted a drop in quarterly profit on Tuesday as energy and construction work weakened compared with the same quarter a year ago, while its backlog of projects also declined.
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