Some of the nation’s largest construction companies have reported profits over the past few weeks. While revenues, backlog and other indicators of financial health varied among these construction giants, they all reported feeling the effects of the COVID-19 pandemic, which is now extending into its second year. Many have also indicated their confidence in a rising wave of future work, particularly in the civilian sector, amid hopes for the federal infrastructure package to pass and one company, Lendlease, announced the retirement of its CEO. Here is a brief roundup of the latest corporate news from these industry leaders:
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