HIL, Hill International, Inc.
** HIL reported that it has received a contract from the Los Angeles County Metropolitan Transportation Authority (Metro) to provide program management support and implementation services.
The contract, which has a three-year base term and two one-year option terms, has an estimated value to HIL of approximately $16.1 million.
HIL provides program management, project management, construction management and construction claims and consulting services. Engineering News-Record magazine recently ranked HIL as the 8th largest construction management firm in the United States.
More about HIL at www.hillintl.com.
PACD, Pacific Drilling S.A.
** PACD reported that a subsidiary of Total S.A. has elected to extend the initial contract term for the Pacific Scirocco from one to two years. The contract provides for further options, to be exercised at the clients discretion, which could result in up to three additional years of contract term with an escalating dayrate.
Estimated maximum contract revenues related to the additional one year term are expected to be approximately $173 million, bringing the rigs total contract backlog as of May 24, 2012, to approximately $307 million.
The Pacific Scirocco is capable of operating in water depths of up to 12,000 feet and drilling wells 40,000 feet deep.
With its best-in-class drillships and highly experienced team, PACD is a fast growing company that is committed to becoming the industrys preferred ultra-deepwater drilling contractor. PACDs fleet of seven ultra-deepwater drillships will represent one of the youngest and most technologically advanced fleets in the world.
More about PACD at www.pacificdrilling.com.
BLOX, Infoblox Inc.
** On its third quarter fiscal 2012, BLOX posted total net revenue of $43.4 million, a 37% increase year over year, and non-GAAP net income of $2.2 million, or $0.05 earnings per share on a non-GAAP weighted average share basis, compared with non-GAAP net loss of $1.0 million, or $0.03 loss per share on a non-GAAP weighted average share basis in the same period the prior year.
BLOX delivers Automated Network Control solutions, the fundamental technology that connects end users, devices and networks. These solutions enable more than 5,400 enterprises and service providers to transform and scale complex networks.
More about BLOX at www.infoblox.com
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