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McDermott | October 20, 2022
McDermott and Saudi Aramco gathered Monday in Ras Al-Khair, Saudi Arabia, to mark the award of the construction contract for the Saudi Arabia Fabrication In-Kingdom Ras Al-Khair (SAFIRA) fabrication yard. The project—located at the King Salman International Complex for Maritime Industries and Services—is another step to support Saudi Arabia's Saudi Vision 2030 and increase local content. McDermott will oversee construction of the facility, which will be performed b...
Volumetric Building Companies | January 13, 2022
Volumetric Building Companies (VBC), one of the United States' largest multifamily volumetric modular and components businesses, announced today that the company has merged with Polcom Group (Polcom), a premium steel modular building and custom furniture manufacturing conglomerate for the hospitality market. The deal will revolutionize the construction industry by combining VBC's innovative wood construction technology with Polcom's advanced steel modular system. The Polcom merger cl...
Engineering Tech
Oceaneering Space Systems | June 13, 2022
Oceaneering International announces that Oceaneering Space Systems (OSS), a division of the Aerospace and Defense Technologies segment, will serve on a team led by Collins Aerospace (Collins), a Raytheon Technologies business selected by the National Aeronautics and Space Administration (NASA) to develop next-generation extravehicular spacesuits. NASA is enlisting commercial partners to develop, build, and maintain new spacesuit technology. The Collins team, which also includes IL...
Embedded Tech, Engineering Tech
PR Newswire | June 22, 2023
Sparq, a leading U.S.-based provider of outsourced digital engineering for technology driven and Fortune 1000 companies, today announced that funds managed by Harvest Partners Ascend, LP ("Harvest Partners Ascend") have acquired a majority stake in the Company. The partnership will allow Sparq to further scale its operations and digital service offerings and create high-quality technology career opportunities in places where they otherwise might not exist. Bain Capital Double Imp...
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