$2.5bn of US Naval Defence work Awarded

The Seven teams chosen for $2.5bn of US naval defence work according to Global Construction Review. The article reports that seven teams have been selected by the US Navy to compete for a series of design and construction contracts worth up to $2.5 billion over the next five years.

Here are some key takeaways from the article:

The US Navy has selected seven teams to compete for a series of design and construction contracts worth up to $2.5 billion over the next five years.
The contracts will focus on infrastructure and facility construction projects at US Navy and Marine Corps locations throughout the continental US and Hawaii.
The seven teams selected include some of the largest construction companies in the US, including Fluor, Hensel Phelps, and Jacobs.
The contracts will be awarded through a competitive selection process, with each team given the opportunity to bid on individual projects as they are announced.
The goal of the contracts is to improve the infrastructure and facilities that support the US Navy and Marine Corps, allowing them to better carry out their missions and operate effectively.