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ICF International (ICFI) Stock News, Aug-Oct 2020

ICFI NASDAQ

ICF International, Inc. reports news on its work as a global solutions and technology provider for government and commercial clients. The company’s updates commonly cover quarterly results, contract awards, backlog and business-development commentary, and demand across energy, environment, infrastructure, disaster recovery, health, social programs, security, civilian and commercial markets.

Recurring developments include federal and state contract vehicles, utility energy-efficiency programs, digital modernization work, cybersecurity qualifications such as CMMC Level 2, and the use of analytics, cloud-native design, DevSecOps, automation, engagement services and program implementation capabilities. News also includes leadership changes within client markets and capital actions such as share repurchases when announced.

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On October 1, 2020, ICF (NASDAQ: ICFI) secured a $25 million contract from the U.S. Department of Health and Human Services' Children's Bureau. This five-year project focuses on developing a cloud-based National Child Welfare Data Management System, aimed at enhancing data management efficiency. ICF's proven expertise in IT solutions for child welfare will aid in replacing outdated systems to improve data accessibility and transparency. This initiative underscores ICF's ongoing commitment to support child welfare programs across federal and state entities.

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ICF, a global consulting and digital services provider, will release its third quarter 2020 results on November 5, 2020, after market close. The results are accessible at investor.icf.com. A conference call will occur the same day at 4:30 PM ET, with participation details available at this link. Interested parties can join by dialing 1.888.771.4371 (U.S. toll-free) using confirmation number 4995 8640.

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ICF (NASDAQ: ICFI) has been awarded a $49 million blanket purchase agreement by the National Library of Medicine to provide biomedical and public health information services over the next three years. This contract enables ICF's team to assist in managing various databases, including PubMed and ClinicalTrials.gov. ICF has partnered with NIH since 2009, demonstrating its capability to adapt to evolving public health needs. The contract reflects ICF's ongoing commitment to enhance public health services through data analysis and communication.

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ICF (NASDAQ:ICFI), a global consulting and digital services provider, will participate in the Sidoti Fall 2020 Investor Conference. The presentation by President and CEO John Wasson is scheduled for 10:45 a.m. ET on September 23. A live audio webcast will be available at this link, with a replay accessible for three months post-conference. ICF combines expertise in consulting with digital strategies, supporting public and private sector clients since 1969.

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ICF (NASDAQ:ICFI) has secured three new three-year and one two-year cooperative agreements from the U.S. Department of Housing and Urban Development (HUD), valued in the multimillion-dollar range. These agreements aim to aid state and local municipalities in their COVID-19 response, facilitate stable housing for individuals in recovery, and provide expertise in Community Development Block Grant-Disaster Recovery (CDBG-DR). The contracts, awarded under the CARES Act, will enhance community efforts in managing COVID-19 and supporting recovery housing initiatives.

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ICF (NASDAQ: ICFI) was awarded one new and four re-compete contracts valued at over $100 million by the U.S. Department of Health and Human Services for Head Start programs across 18 states and the District of Columbia. The contracts have a term of five years, including an 11-month base period and four 12-month options. ICF will provide training and technical assistance to enhance services for low-income families and improve school readiness for children under 5. ICF has been involved with Head Start for over 15 years, supporting programs across 37 states and 175 tribes.

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On September 9, 2020, ICF (NASDAQ: ICFI) announced key leadership changes to enhance its growth strategy. Kris Tremaine has been appointed as the group lead and senior managing partner for ICF Next, bringing over 13 years of experience within the company, including her role in launching ICF Next. Caryn McGarry was promoted to senior vice president and chief human resources officer, focusing on talent acquisition and HR operations. These changes are expected to strengthen ICF's operational efficiency and market positioning.

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ICF (NASDAQ: ICFI) has appointed Marilyn Crouther to its board of directors, enhancing its leadership with a veteran from Hewlett Packard Enterprise and DXC Technology. Crouther's extensive experience includes managing a $3 billion U.S. Public Sector business, focusing on IT modernization and digital transformation. Her appointment is expected to strengthen ICF's strategic initiatives in technology service delivery. Crouther has been recognized among the Top Women in Technology and brings over 30 years of leadership in the technology sector.

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ICF, a global consulting and digital services provider, will participate in the Canaccord Genuity 40th Annual Growth Conference on August 12 at 8:30 a.m. ET. John Wasson, President and CEO, along with Bettina Welsh, CFO, will lead the presentation. ICF employs over 7,000 staff and specializes in combining industry expertise with innovative solutions to address complex challenges across sectors. The company has worked with public and private clients since 1969. For more information, visit icf.com.

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FAQ

What is the current stock price of ICF International (ICFI)?

ICF International (ICFI) last closed at $95.48.

What is the market cap of ICF International (ICFI)?

The market cap of ICF International (ICFI) is approximately $1.7B.