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|AECOM joint venture awarded two 5-year contracts worth a combined US$238 million from U.K.'s Yorkshire Water|
LOS ANGELES, Apr 08, 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 its ETM joint venture with Morrison Construction has been awarded two framework contracts with a combined value of US$238 million over 5 years from Yorkshire Water in the United Kingdom.
AECOM's work under the contracts will include design and build services for capital projects relating to sewage and water treatment works as well as pumping station facilities. AECOM's total fee under the contracts is approximately US$119 million.
"This important quality-of-life project further expands our excellent relationship with Yorkshire Water," said John M. Dionisio, AECOM president and chief executive officer.
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 its fiscal year 2009. More information on AECOM and its services can be found at www.aecom.com.
About Morrison Construction
Morrison Construction forms part of the Galliford Try Group, one of the United Kingdom's leading construction and housebuilding groups with revenues of approximately £1.5 billion. Morrison Construction undertakes civil engineering works across England, Scotland and Wales in addition to building in Scotland.
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