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U.S. Department of Energy extends contract with AECOM-led joint venture to manage tank operations at the Hanford Site

LOS ANGELES--(BUSINESS WIRE)--Oct. 30, 2018-- AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, announced today that the U.S. Department of Energy has executed a 12-month contract extension to Washington River Protection Solutions (WRPS), an AECOM-led joint venture with Atkins Nuclear Secured, LLC, member of the SNC-Lavalin Group, for its management of the waste storage tanks at the Hanford Site in Washington state. The approximate US$700-million extension will run from October 1, 2018, to September 20, 2019.

“We are pleased to continue our work at the Hanford Site as part of this one-year contract extension,” said John Vollmer, president of AECOM’s Management Services group. “Across several key sites, AECOM has established a long history of supporting our DOE clients and leveraging our leading capabilities and expertise to safely manage radioactive waste. We are committed to building on this strong track record and delivering this contract safely for the Tri Cities in Washington State.”

WRPS is responsible for the safe management of 56 million gallons of radioactive and chemical waste stored in 177 underground tanks at the Hanford Site, owned by the U.S. Department of Energy in Richland, Washington.

About AECOM

AECOM (NYSE:ACM) is built to deliver a better world. We design, build, finance and operate infrastructure assets for governments, businesses and organizations in more than 150 countries. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help clients solve their most complex challenges. From high-performance buildings and infrastructure, to resilient communities and environments, to stable and secure nations, our work is transformative, differentiated and vital. A Fortune 500 firm, AECOM had revenue of approximately $18.2 billion during fiscal year 2017. See how we deliver what others can only imagine at aecom.com and @AECOM.

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 the future term, backlog and financial impact of the tank operations contract as well as other future business and economic conditions. Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important risk factors that could cause actual results to differ materially from our forward-looking statements are set forth in AECOM’s periodic report on Form 10-Q for the quarter ended June 30, 2018, and other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statements.

Source: AECOM

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