Infrastructure giant Carillion has been awarded two contracts with Network Rail to upgrade lines in the Midlands.
The company said the first will see it spruce up existing track and infrastructure on the route from London to Corby, which will generate £62m of revenue.
A separate deal through Carillion Powerlines, a joint venture firm, will see work undertaken to complete the electrification of the same route. This contract is expected to generate £260m of revenue over the next three years.
These contract wins will be welcomed by the troubled firm which has had a torrid few months. Carillion, which has about 43,000 staff worldwide, has been thrown into crisis since a July trading update sent shares tumbling by more than 70% in one week.
Earlier this year, the firm also revealed mammoth half-year losses totalling £1.15bn, having been dragged down by a series of restructuring charges.
The profit warning saw former boss Richard Howson step down, with Carillion announcing recently that Andrew Davies is to take the hot seat in April.