So. Md. Business News Briefs - Southern Maryland Headline News

So. Md. Business News Briefs


Dominion Accepts FERC Order Approving Cove Point LNG Export Project

- Company informs FERC that it accepts the 79 environmental conditions

- Dominion plans to start construction in the very near future

- Project offers significant economic, environmental benefits

RICHMOND, Va. (Sept. 30, 2014)—Dominion (NYSE: D) today notified the Federal Energy Regulatory Commission that it has accepted the commission's order approving the Cove Point LNG liquefaction and export project and all of FERC's environmental conditions.

"The FERC's review of this project was exhaustive, complete, and reflects consideration of thousands of comments. We thank the FERC for its thoroughness" said Diane Leopold, president of Dominion Energy.

"We are looking forward to starting construction in the very near future, building the terminal with the public's safety first and foremost in our mind, so that we can bring the economic benefits both locally and to our customers," Leopold said.

The FERC issued the order approving the project and 79 related conditions Monday evening.

The construction of the export project, which is estimated to cost between $3.4 billion and $3.8 billion, will create thousands of skilled construction jobs, 75 permanent jobs and an additional $40 million in annual tax revenue to Calvert County. Other economic benefits includes millions of dollars of new revenues for Maryland and the federal government as well as a reduction in the nation's trade deficit by billions of dollars annually.

The project also can bring significant environmental benefits by replacing coal for power generation overseas.

IHI/Kiewit Cove Point, a joint venture between IHI E&C International Corporation of Houston and Kiewit Corporation of Omaha, Neb., is the engineering, procurement and construction contractor for the new liquefaction facilities.

Dominion is one of the nation's largest producers and transporters of energy, with a portfolio of approximately 23,600 megawatts of generation, 10,900 miles of natural gas transmission, gathering and storage pipeline and 6,400 miles of electric transmission lines. Dominion operates one of the nation's largest natural gas storage systems with 947 billion cubic feet of storage capacity and serves utility and retail energy customers in 10 states. For more information about Dominion, visit the company's website at www.dom.com.

ASRC Federal Space and Defense Selected for NASA Wallops Engineering Contract

BELTSVILLE, Md. (Sept. 30, 2014) – NASA Goddard Space Flight Center has selected ASRC Federal Space and Defense for the Wallops Engineering Services Contract. The five-year, indefinite-delivery/indefinite-quantity contract has a maximum value of approximately $45 million. ASRC Federal Space and Defense will provide a wide range of engineering and technical support services for NASA’s Wallops Flight Facility, located on Virginia’s eastern shore.

“We’re excited and honored to get this new opportunity to support the Wallops Flight Facility, one of NASA’s most dynamic and rapidly developing facilities,” said Mark Gray, ASRC Federal president and CEO. “Our team is well-suited to provide engineering expertise that will support NASA Wallops’ extensive array of launch and scientific research operations.”

Programs supported under WESC include sounding rockets, research balloons, unmanned aerial systems and satellite launches. Support includes systems, electrical, mechanical and software engineering; technology development; guidance, navigation and control systems; metrology; and project management.

About ASRC Federal

ASRC Federal comprises a family of companies that deliver engineering, information technology, logistics and technical services and solutions to U.S. civil and defense agencies. ASRC Federal companies have employees in over 40 locations across the U.S. focused on providing reliable, cost-efficient services that help government customers achieve mission success. Headquartered in Beltsville, Md., ASRC Federal is a wholly owned subsidiary of Arctic Slope Regional Corporation. For more information, please visit: www.asrcfederal.com

Scorpion Brewery Grand Opening

Come celebrate the Grand Opening of the newest craft brewery in Calvert County, Scorpion Brewing, on Saturday, October 11, Noon until 6:00pm. Listen to music, get a tour of the brewery and take a taste. Pints and growlers of local beer will be available for purchase. Come see what small-batch, hand-crafted beer tastes like.

Scorpion Brewery is located at 929 Skinners Turn Road, Suite 100, Owings.

More information is available at www.scorpionbrewing.com

PAE Awarded $359M Navy Contract at Patuxent River

ARLINGTON, Va.—PAE, a leading provider of integrated global mission services, has been awarded a cost-plus-fixed-fee contract in support of the Naval Air Warfare Center Aircraft Division's Atlantic Test Range and Atlantic Targets and Marine Operations Division, at the Naval Air Station, Patuxent River, Maryland. The contract has a ceiling value of $359 million if all options are exercised.

Under the contract, PAE will provide a full spectrum of support services to include: system operations, laboratory and field testing, marine operations and target support services, engineering, range sustainability, maintenance, data reduction and analysis.

"We are honored to continue our partnership with the Navy at Pax River," said PAE CEO John Heller. "The enduring mission at the Pax River range is critical to ensuring our nation's readiness and effectiveness, and PAE is proud to support this national security asset and further its leadership role in the test and training marketplace."

PAE currently supports four major test and training ranges within the U.S., including the Southern California Offshore Range (SCORE), the Nevada Test and Training Range (NTTR), the Atlantic Undersea Test and Evaluation Center (AUTEC) and the Atlantic Test Range and Targets and Marine Operations Division (Pax River). The company also supports the Arnold Engineering Development Complex (AEDC) at Arnold Air Force Base through its Aerospace Testing Alliance joint venture, as well as the National Training Estates Program (NTEP) in the United Kingdom through its Landmarc joint venture. Across these major test and training ranges, PAE offers high-quality, full-spectrum services to provide realistic testing environments on land, in sea and in the air, often in remote and challenging locations.

PAE is a leading provider of integrated global mission services to the U.S. government and its allied partners. For over fifty years, PAE has provided training, logistics, and operations and maintenance services to support complex missions for customers around the world. PAE currently employs approximately 15,000 people in over 60 countries and is headquartered in Arlington, Va.

For additional information, visit: www.pae.com

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