Workflow
Engineering Services
icon
Search documents
Siemens and Capgemini deepen partnership to empower industries for the next era of manufacturing
Globenewswire· 2025-10-30 07:30
Core Insights - Siemens and Capgemini are expanding their strategic partnership to co-develop AI-native digital solutions for product engineering, manufacturing, and operations, focusing on 16 high-impact capability areas to enhance production efficiency, time-to-market, quality, and sustainability [1][2] Partnership Details - The collaboration aims to address long-standing challenges in integrating IT and operational systems by leveraging technologies such as industrial AI, digital twins, and next-generation automation [2] - The partnership will utilize orchestrated AI agents to enhance collaboration across engineering and manufacturing silos [2] Leadership Statements - Siemens' CEO Cedrik Neike emphasized the partnership's role in guiding customers through digital transformation with speed and precision, while Capgemini's CEO Aiman Ezzat highlighted the ambition to help clients achieve operational efficiency and tangible business impact [3] Client Case Studies - For Airbus, the partnership is focused on decarbonizing four industrial locations, targeting a 20% reduction in energy consumption and an 85% reduction in Scope 1 and 2 emissions by 2030, utilizing energy system twins for optimal decarbonization roadmaps [3][4] - In the case of Sanofi, the collaboration is standardizing production processes and accelerating the rollout of Manufacturing Execution Systems (MES), resulting in a 70% reduction in review time and an 80% decrease in deviations [4] - For GravitHy, the partnership aims to digitalize industrial processes, targeting a hydrogen production cost reduction of up to 10% [6] Industry Focus - The joint initiative will concentrate on key industries such as aerospace, automotive, and life sciences, as well as emerging markets like hydrogen and water/wastewater [7] - Capgemini plans to expand its pool of certified experts to enhance its Siemens technology capabilities [7] Company Background - Siemens generated revenue of €75.9 billion and net income of €9.0 billion in fiscal 2024, employing around 312,000 people globally [10] - Capgemini reported global revenues of €22.1 billion in 2024, with a workforce of 420,000 team members across more than 50 countries [11]
Fluor's Options Frenzy: What You Need to Know - Fluor (NYSE:FLR)
Benzinga· 2025-10-28 16:01
Core Insights - Investors are taking a bearish stance on Fluor (NYSE:FLR), with significant options activity indicating potential market movements [1][2] - The overall sentiment among large investors is 36% bullish and 54% bearish, suggesting a cautious outlook [2] - The price range targeted by large investors for Fluor over the last three months is between $40.0 and $67.5 [3] Options Trading Activity - A total of 11 uncommon options trades were detected for Fluor, with 3 puts amounting to $132,762 and 8 calls totaling $1,214,695 [2] - The volume and open interest metrics indicate strong liquidity and investor interest in Fluor's options, particularly within the $40.0 to $67.5 strike price range over the past 30 days [4] Company Overview - Fluor is a leading global provider of engineering, procurement, construction, fabrication, operations, and maintenance services, serving various sectors including oil and gas, chemicals, mining, metals, and transportation [11] - The company generated $16.3 billion in revenue in 2024, indicating a robust market presence [11] Analyst Insights - An industry analyst has set an average target price of $51.0 for Fluor, maintaining a Buy rating [12][13] - The current stock price of FLR is $50.03, reflecting a 3.16% increase, with upcoming earnings expected in 10 days [15]
Fluor Corporation Sued for Securities Law Violations - Investors Should Contact Levi & Korsinsky Before November 14, 2025 to Discuss Your Rights - FLR
Prnewswire· 2025-10-24 13:00
Core Viewpoint - A class action securities lawsuit has been filed against Fluor Corporation, alleging securities fraud that negatively impacted investors between February 18, 2025, and July 31, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Fluor Corporation made false statements regarding the rising costs of its infrastructure projects, including Gordie Howe, I-635/LBJ, and I-35, due to subcontractor design errors, price increases, and scheduling delays [2]. - It is alleged that these issues, along with reduced capital spending from customers and economic uncertainty, were likely to have a significant negative impact on the Company's business and financial results [2]. - The complaint asserts that Fluor's financial guidance for FY 2025 was unreliable, overstating the effectiveness of its risk mitigation strategy and understating the impact of economic uncertainty on its business [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until November 14, 2025, to request to be appointed as lead plaintiff in the lawsuit [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].
Jacobs Expanding Services to Strengthen and Modernize Alaska's Vital Maritime Infrastructure Hub
Prnewswire· 2025-10-23 11:45
Core Insights - Jacobs has received a five-year contract extension to continue as Program Management Consultant for the Don Young Port of Alaska Modernization Program, which is a multi-billion-dollar initiative aimed at replacing aging waterfront infrastructure with modern facilities [1][2]. Group 1: Contract and Program Details - The Port of Alaska is crucial as it serves as the primary inbound cargo facility for Alaska, providing essential goods to 90% of the state's population and supporting national security missions [2][4]. - Jacobs has been involved in the Port of Alaska's Modernization Program since its inception in 2014, with upcoming phases focusing on replacing the first of the two primary cargo berths to enhance resilience against seismic events and severe weather [3][4]. Group 2: Collaboration and Expertise - The extension of the contract reflects the strong collaboration between Jacobs, the Municipality of Anchorage, and the Port of Alaska over the past decade, emphasizing the importance of specialized experience in challenging marine environments [3]. - Jacobs is recognized for its technical expertise and collaborative approach, which are vital for the success of the multi-billion-dollar modernization program [4]. Group 3: Company Overview - Jacobs operates with approximately $12 billion in annual revenue and a workforce of nearly 45,000, providing comprehensive services across various sectors including advanced manufacturing, energy, and transportation [4].
INNEOVA Holdings Awarded a Multi-Million Dollar Contract from PSA Singapore
Globenewswire· 2025-10-23 11:00
Core Insights - INNEOVA Holdings Limited has been awarded a multi-year overhaul tender valued in the multi-million dollar range from PSA Singapore, marking the third consecutive tender awarded to the company since 2018, indicating strong confidence in its service quality and operational reliability [1][2]. Company Overview - INNEOVA Holdings is a Singapore-based engineering solutions provider focused on maximizing equipment uptime, optimizing total cost of ownership, and extending asset longevity through sustainable engineering practices [1][8]. - The company has a long-standing relationship with PSA Singapore, spanning over 20 years, during which it has provided various engineering services including overhaul and maintenance programs [3][4]. Contract Significance - The recent contract award reinforces INNEOVA's engineering competency and service reliability, contributing to the company's revenue stream from engineering solutions, which is a core component of its business strategy [5]. - The contract highlights the importance of long-term partnerships in delivering value to customers and shareholders [5]. Service Capabilities - INNEOVA Engineering offers system lifecycle analysis and turnkey solutions across various sectors, including transport, healthcare, and utilities, aimed at maximizing asset uptime and longevity [6]. - The company is committed to optimizing total cost of ownership and ensuring resilient operations from concept to maintenance [6]. PSA Singapore Overview - PSA Singapore is a leading global port operator, handling a record 100.2 million TEUs globally in 2024, with its Singapore operations accounting for 40.9 million TEUs [7]. - The company operates 55 berths across six container terminals and has an annual design capacity of approximately 43.9 million TEUs [7].
KBR Investors Should Contact Robbins LLP Regarding the Upcoming Lead Plaintiff Deadline in the KBR, Inc. Class Action
Globenewswire· 2025-10-23 00:56
Core Viewpoint - KBR, Inc. is facing a class action lawsuit due to allegations of misleading investors regarding the ability of its joint venture, HomeSafe Alliance, to fulfill a significant contract with the U.S. Department of Defense's TRANSCOM [1][2][3]. Allegations and Contract Issues - HomeSafe Alliance, in which KBR holds a 72% economic interest, was awarded the Global Household Goods Contract by TRANSCOM to assist U.S. military personnel and their families with relocations [2]. - During the class period, it is alleged that KBR was aware of TRANSCOM's concerns regarding HomeSafe's capability to meet contract obligations but continued to assert that the partnership was functioning well and would improve in the future [3]. Impact of Contract Termination - On June 19, 2025, HomeSafe announced TRANSCOM's notice to terminate the Global Household Goods Contract, revealing ongoing issues that had been present for months [4]. - Following this announcement, KBR's stock price dropped by $3.85 per share (7.29%) to close at $48.93 on June 20, 2025, and further declined by $1.30 (2.65%) to close at $47.63 on June 23, 2025 [4]. Class Action Participation - Shareholders interested in participating as lead plaintiffs in the class action must submit their papers by November 18, 2025, although participation is not required to be eligible for recovery [5]. Legal Representation - Robbins LLP, a firm specializing in shareholder rights litigation, is representing the class action on a contingency fee basis, meaning shareholders incur no fees or expenses unless a recovery is achieved [6].
Jacobs to Hold Its Fiscal Fourth Quarter and Full Year 2025 Earnings Conference Call and Webcast
Prnewswire· 2025-10-21 11:45
Core Insights - Jacobs plans to release its fiscal fourth quarter and full year 2025 earnings results on November 20, 2025, before market open, followed by a conference call at 10:00 a.m. ET to discuss results and operating trends [1] Company Overview - Jacobs generates approximately $12 billion in annual revenue and employs nearly 45,000 people, providing end-to-end services across various sectors including advanced manufacturing, energy, environmental, and transportation [2] Communication and Disclosure - The company utilizes press releases, SEC filings, public conference calls, and its website to comply with disclosure obligations under Regulation FD, encouraging stakeholders to monitor these channels for material information [3] Forward-Looking Statements - Certain statements in the press release are forward-looking, indicating management's expectations and estimates, but these statements are inherently uncertain and not guarantees of future performance [4]
Stantec to release third quarter 2025 results on November 13, 2025 and host conference call on November 14, 2025
Globenewswire· 2025-10-20 12:30
Core Viewpoint - Stantec, a global leader in sustainable design and engineering, is set to release its Q3 2025 financial results on November 13, 2025, followed by a conference call on November 14, 2025, to discuss the company's performance [1]. Group 1: Financial Results Announcement - Stantec will announce its third quarter 2025 financial results after market close on November 13, 2025 [1]. - A webcast and conference call will be held on November 14, 2025, at 7:00 AM Mountain Time (9:00 AM Eastern Time) to discuss the results [1][2]. Group 2: Conference Call Details - Pre-registration is recommended for the conference call, and participants will receive dial-in details and a unique access code via email after registration [2]. - The conference call and accompanying slideshow presentation will be broadcast live and available on the Events and Presentations section of Stantec's website [3]. Group 3: Company Overview - Stantec is recognized as a global leader in sustainable architecture, engineering, and environmental consulting, addressing significant challenges such as aging infrastructure and energy transition [4]. - The company emphasizes the importance of diverse perspectives from various stakeholders to tackle critical issues like climate change and digital transformation [5]. - Stantec operates with a focus on innovation at the intersection of community, creativity, and client relationships, aiming to redefine possibilities for communities [6].
Bowman to Attend November Investor Conferences
Globenewswire· 2025-10-16 10:55
Company Overview - Bowman Consulting Group Ltd. is a national engineering services and program management firm headquartered in Reston, Virginia [1] - The company employs 2,500 individuals and operates 100 locations across the United States [1] - Bowman provides a range of services including planning, engineering, geospatial, construction management, commissioning, environmental consulting, and land procurement [1] Upcoming Investor Conferences - Bowman Consulting will participate in the Baird Global Industrial Conference from November 11-13 in Chicago [2] - The company will also attend the Craig-Hallum Alpha Select Conference on November 18 in New York City [2]
Jacobs Launches Cloud-Based Modeling Platform
Prnewswire· 2025-10-09 08:30
Core Insights - Jacobs has launched Flood Platform, a cloud-hosted software designed to unify and streamline flood modeling processes, enhancing infrastructure flood resilience globally [1][2][3] Group 1: Product Overview - Flood Platform is a subscription-based software-as-a-service that integrates advanced flood modeling with Jacobs' existing tools, particularly Flood Modeller [2] - The platform leverages digital solutions, cloud integration, cybersecurity, data management, and artificial intelligence (AI) to standardize flood-related data management and analysis [2][4] Group 2: Market Need and Impact - Increasing frequency and severity of flooding and extreme weather events necessitate efficient data management for resilient infrastructure planning [3] - Flood Platform facilitates faster, evidence-based decision-making by consolidating large volumes of data [3] Group 3: Technological Foundation - Built on Microsoft Azure, Flood Platform offers a flexible, scalable, and secure environment for data management, access control, analysis, and collaboration [4] - The platform acts as a central hub for data, simulations, and collaboration, integrating with trusted flood modeling tools [4] Group 4: Historical Context and Development - Originally developed for internal use, Flood Platform has been refined over 15 years and is now available to organizations worldwide [5] - Significant projects supported by the platform include Melbourne Water's Flood Mapping Program and the Environment Agency's Oxford-Cambridge Arc Flood Risk Investment Study, which unlocked over $134 billion in economic value [5] Group 5: Company Profile - Jacobs generates approximately $12 billion in annual revenue and employs nearly 45,000 people, providing end-to-end services across various sectors including advanced manufacturing, energy, and environmental services [7]