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|AECOM joint venture awarded FEMA Risk MAP contract worth up to $600 million|
|LOS ANGELES, Mar 09, 2010 (BUSINESS WIRE) -- AECOM Technology Corporation (NYSE: ACM), a leading provider of
professional technical and management support services for government
and commercial clients around the world, announced today that BakerAECOM
LLC, a joint venture in which it participates with Michael Baker Jr.
Inc., an engineering unit of Michael Baker Corporation, has been awarded
an indefinite delivery/indefinite quantity (IDIQ) contract to provide
production and technical services for the U.S. Federal Emergency
Management Agency's (FEMA) Risk Mapping, Assessment and Planning (Risk
MAP) program from the U.S. Department of Homeland Security.
Under this contract, BakerAECOM LLC is providing engineering and other technical services nationwide, including production of effective, flexible and sustainable Risk MAP products to develop and implement tools to protect the United States from floods and other related hazardous conditions.
"We are proud to play a key role in this important flood management program," said AECOM President and Chief Executive Officer John M. Dionisio. "AECOM has a strong performance history with FEMA, and we are excited to continue providing innovative and collaborative solutions."
The 60-month, performance-based contract has a one-year base period with four, 12-month option periods with a maximum contract value of $600 million.
AECOM (NYSE: ACM) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation, and technical excellence in delivering solutions that enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $6.1 billion during the 12-month period ended December 31, 2009. More information on AECOM and its services can be found at www.aecom.com.
About Michael Baker Corporation
Michael Baker Corporation (www.mbakercorp.com) provides architecture, engineering and construction services for its clients' most complex challenges worldwide. The firm's primary business areas are aviation, defense, environmental, facilities, geospatial, homeland security, municipal & civil, pipelines & utilities, transportation and water. With more than 2,300 employees in over 40 offices across the United States, Baker is focused on creating value by delivering innovative and sustainable solutions for infrastructure and the environment.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any statements of plans for future operations or expected revenue.Actual results could differ materially from those projected or assumed in any of our forward-looking statements.Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our quarterly report on Form 10-Q for the fiscal quarter ended December 31, 2009, and our other reports filed with the U.S. Securities and Exchange Commission.AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.
SOURCE: AECOM Technology Corporation
AECOM Technology Corporation