Civil

Tutor Perini Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, February 28, 2024

Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the fourth quarter and year ended December 31, 2023 (see attached tables).

Key Points: 
  • Tutor Perini Corporation (the “Company”) (NYSE: TPC), a leading civil, building and specialty construction company, reported results today for the fourth quarter and year ended December 31, 2023 (see attached tables).
  • Revenue for 2023 was $3.9 billion, up slightly compared to 2022, primarily due to a lower amount of net unfavorable impacts from settlements, litigation results and other project charges in 2023 as compared to 2022.
  • Loss from construction operations for 2023 was $114.6 million compared to $204.8 million for 2022.
  • The Company will host a conference call at 2:00 PM Pacific Time on Wednesday, February 28, 2024, to discuss the fourth quarter and full year 2023 results.

Drone Warfare Market worth $30.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 6, 2024

Based on capability, The drone warfare landscape is undergoing a rapid transformation, In the ever-changing landscape of warfare, software has emerged as the hidden power driving drone technology.

Key Points: 
  • Based on capability, The drone warfare landscape is undergoing a rapid transformation, In the ever-changing landscape of warfare, software has emerged as the hidden power driving drone technology.
  • The market for drone warfare software is set for massive growth due to several reasons.
  • Their role has become increasingly vital due to the soaring growth of the global drone warfare market.
  • Moreover, technological upgrades in armed UAVs, have fueled the growth of the drone warfare market in US.

Drone Warfare Market worth $30.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 6, 2024

Based on capability, The drone warfare landscape is undergoing a rapid transformation, In the ever-changing landscape of warfare, software has emerged as the hidden power driving drone technology.

Key Points: 
  • Based on capability, The drone warfare landscape is undergoing a rapid transformation, In the ever-changing landscape of warfare, software has emerged as the hidden power driving drone technology.
  • The market for drone warfare software is set for massive growth due to several reasons.
  • Their role has become increasingly vital due to the soaring growth of the global drone warfare market.
  • Moreover, technological upgrades in armed UAVs, have fueled the growth of the drone warfare market in US.

New Report Says Lack of Funding for Critical Water Mains is $452 Billion, Over 260,000 Breaks Annually

Retrieved on: 
Tuesday, February 27, 2024

LOGAN, Utah, Feb. 27, 2024 /PRNewswire/ -- Utah State University (USU) has published a third extensive study of commonly used water pipe materials titled, "Water Main Break Rates in the USA and Canada: A Comprehensive Study." 

Key Points: 
  • "Utilities can use this report to assist with asset management and facilitate water infrastructure planning and pipe replacement decision-making.
  • This data set is large enough to provide accurate information on the characteristics of aging pipe infrastructure and the costs of repair and replacement.
  • In 2012, utilities reported that only 8% of installed water mains were beyond their useful lives, so this is a growing problem," Professor Barfuss adds.
  • Major findings and benchmarks include:
    The US and Canada experience 260,000 water main breaks annually, representing $2.6 billion in annual repair costs.

Leading Civil Engineering Design Software Delivers 50% Faster Results

Retrieved on: 
Monday, February 12, 2024

MIDDLETON, Wis., Feb. 12, 2024 /PRNewswire-PRWeb/ -- CivilGEO has been named a Leader in the Best Civil Engineering Design Software category on G2 for the seventh consecutive time. This recognition is based on real user feedback highlighting software features, ease of use and market presence. The company received 41 badges including "High Performer," "Momentum Leader," "Best Support," and "Best Relationship" in the G2 Winter 2024 Grid® Report.

Key Points: 
  • CivilGEO has been named a leader in the Best Civil Engineering Design Software category in G2 Winter 2024 reports.
  • MIDDLETON, Wis., Feb. 12, 2024 /PRNewswire-PRWeb/ -- CivilGEO has been named a Leader in the Best Civil Engineering Design Software category on G2 for the seventh consecutive time.
  • CivilGEO's GeoHECRAS outperformed several industry competitors and was ranked #1 in the Best Civil Engineering Design Software category on G2.
  • CivilGEO's GeoHECHMS secured the #2 position in the Top Civil Engineering Design Software category.

Military Drone Market worth $18.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 7, 2024

Based on propulsion, The military drone market has been categorized into turbo engines, piston engines, and battery-powered drones.

Key Points: 
  • Based on propulsion, The military drone market has been categorized into turbo engines, piston engines, and battery-powered drones.
  • Currently, the subsonic segment dominates the market, reflecting the prevalence of military drones operating at conventional subsonic speeds.
  • The Asia Pacific region is projected to be high growth potential markets for the military drone during the forecast period.
  • Notably, countries such as China, Malaysia, South Korea, and India are making substantial investments in the development of military drone projects.

Military Drone Market worth $18.2 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 7, 2024

Based on propulsion, The military drone market has been categorized into turbo engines, piston engines, and battery-powered drones.

Key Points: 
  • Based on propulsion, The military drone market has been categorized into turbo engines, piston engines, and battery-powered drones.
  • Currently, the subsonic segment dominates the market, reflecting the prevalence of military drones operating at conventional subsonic speeds.
  • The Asia Pacific region is projected to be high growth potential markets for the military drone during the forecast period.
  • Notably, countries such as China, Malaysia, South Korea, and India are making substantial investments in the development of military drone projects.

Simulators Market worth $26.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, January 23, 2024

The demand for customized and hands-on training experiences, coupled with evolving regulatory standards, further fuels the growth of training services.

Key Points: 
  • The demand for customized and hands-on training experiences, coupled with evolving regulatory standards, further fuels the growth of training services.
  • As industries prioritize continuous skill development, the training services segment is poised for substantial expansion, presenting lucrative opportunities in the dynamic simulator market.
  • By platform, the Simulator market for the maritime segment is projected to grow at the highest CAGR during the forecast period.
  • Simulators catering to passenger ship scenarios offer comprehensive training for navigation, crisis management, and evacuation procedures, addressing the industry's evolving needs.

Simulators Market worth $26.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, January 23, 2024

The demand for customized and hands-on training experiences, coupled with evolving regulatory standards, further fuels the growth of training services.

Key Points: 
  • The demand for customized and hands-on training experiences, coupled with evolving regulatory standards, further fuels the growth of training services.
  • As industries prioritize continuous skill development, the training services segment is poised for substantial expansion, presenting lucrative opportunities in the dynamic simulator market.
  • By platform, the Simulator market for the maritime segment is projected to grow at the highest CAGR during the forecast period.
  • Simulators catering to passenger ship scenarios offer comprehensive training for navigation, crisis management, and evacuation procedures, addressing the industry's evolving needs.

Global VTOL UAV Strategic Business Report 2023, Featuring Profiles of Boeing Company, SAAB, Lockheed Martin, AeroVironment and More - ResearchAndMarkets.com

Retrieved on: 
Monday, November 13, 2023

The "VTOL UAV: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "VTOL UAV: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • The global market for VTOL UAV estimated at US$6.4 Billion in the year 2022, is projected to reach a revised size of US$27.5 Billion by 2030, growing at a CAGR of 19.9% over the analysis period 2022-2030.
  • Military, one of the segments analyzed in the report, is projected to record 21.5% CAGR and reach US$16.5 Billion by the end of the analysis period.
  • Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.6% and 16.9% respectively over the 2022-2030 period.