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|TEC-AECOM joint venture awarded US$50-million U.S. Naval Facilities Engineering Command contract|
LOS ANGELES, Aug 17, 2011 (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 TEC-AECOM Pacific, a joint venture in which it participates with TEC Inc., has been awarded an indefinite delivery/indefinite quantity (IDIQ) contract, worth up to US$50 million, from the U.S. Naval Facilities Engineering Command (NAVFAC) Pacific, Pearl Harbor, Hawaii.
Under the contract, the joint venture team, based in Honolulu, will provide environmental planning services in the preparation of National Environmental Policy Act documents, related environmental studies and technical services as requested by U.S. Navy and U.S. Marine Corps activities at various locations under the cognizance of NAVFAC Pacific, including Guam, Hawaii, Japan, and other locations within the Pacific Basin, Indian Ocean, and continental United States.
The contract has one base year and four one-year options.
AECOM 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 create, enhance and sustain the world's built, natural and social environments. A Fortune 500 company, AECOM serves clients in approximately 125 countries and had revenue of $7.7 billion during the 12 months ended June 30, 2011. More information on AECOM and its services can be found at http://www.aecom.com.
About TEC Inc.
TEC is an employee-owned company providing consulting expertise in engineering, environmental management, architecture, planning, infrastructure and energy. With offices from Hawaii to Germany, TEC is composed of technical specialists with industry and functional expertise across both the public and private sectors. TEC's consulting support draws on the different perspectives and talents of its staff to produce results that are timely, applicable and cost-effective. More information can be found at http://www.tecinc.com.
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 projections of earnings, 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 June 30, 2011, 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.