Shaw Group Inc. (SHAW) said it has been awarded a worldwide environmental restoration and construction contract by the U.S. Air Force Center for Engineering and the Environment, or AFCEE.
Shaw's scope of work includes environmental remediation and construction, as well as restoration under the Air Force's Military Munitions Response Program, which seeks to make response sites safe and clean for reasonably anticipated future use.
Shaw is one of multiple firms selected to compete on task orders with a potential maximum contract value among all selected firms of $3 billion, if all options are exercised, through 2014. The amount included in Shaw's Environmental & Infrastructure segment's first quarter fiscal year 2010 backlog was undisclosed.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.