URS receives 4 new Army and Navy contracts worth $316 million over 5 years
By APThursday, January 21, 2010
URS awarded $316 million in defense contracts
SAN FRANCICSO — Engineering and construction company URS Corp. said Tuesday it has been awarded four new Department of Defense contracts worth $316 million over five years.
URS will receive $140 million as part of an Army tire repair program in Iraq; $103 million to maintain Army aircraft; $46 million to inspect and maintain U.S. Army vehicles and equipment in South Korea; and $27 million to support the Radar Technologies Division of a U.S. Navy Surface Warfare Center in Crane, Ind.
Shares of San Francisco-based URS fell 30 cents to $46.07 in midday trading Thursday.
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