Babcock & Wilcox Construction Co. Says It Is Awarded $25M Contract For Outage And Maintenance Services At U.S. Power Plant
Portfolio Pulse from Benzinga Newsdesk
Babcock & Wilcox Construction Co. has been awarded a $25 million contract for outage and maintenance services at a U.S. power plant.
August 02, 2024 | 10:32 am
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Babcock & Wilcox Construction Co. has secured a $25 million contract for outage and maintenance services at a U.S. power plant, which is likely to positively impact its revenue and business outlook.
The $25 million contract is a significant addition to Babcock & Wilcox's revenue stream and enhances its business outlook. This contract win is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100