Shimmick posted improved 4Q25 results, nearing operating breakeven, but remains unprofitable on a GAAP basis and continues to burn cash. SHIM's backlog momentum is positive, with $793 million at ...

Before South Carolina's $150M cost overrun on the $1.3B incentive package for Scout Motors, Richland County got a private party to pay its $1M environmental fine on the project. It ...

A new GAO report found 14 Army and Navy weapons systems with critical cost growth in 2023–2024, totaling $695.2 billion in overruns, even as major corporations like Exelon, Kemper, and Lifecore ...

Sound Transit, the agency in charge of the three-county light rail program, recently announced a shocking, $35 billion cost overrun on its ST3 program, bringing total program costs to at least $185 ...

The original cost of these projects amounted to Rs 26,87,535.69 crore. The Ministry of Statistics and Programme Implementation (MoSPI) report on infrastructure projects revealed that 449 ...

The Ministry of Statistics & Programme Implementation reports a staggering ₹5.65 lakh crore cost overrun in infrastructure projects over ₹150 crore in April. Explore the sectors affected and the ...

Among the five key infrastructure ministries, the Water and Sanitation sector has seen an 82% increase in revised cost, the ...

The Ministry of Statistics and Programme Implementation (MoSPI) reveals that 1,981 ongoing central sector infrastructure ...

Australia has a remarkably poor record of delivering megaprojects on time and on budget. It is a predictable outcome of a broken system. Earlier this year, consultants Deloitte found the cost of 13 ...