|AECOM joint venture awarded U.S. Army contract worth up to US$181.9 million to support Afghanistan National Army's Technical Equipment Maintenance Program|
LOS ANGELES, Jan 10, 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 a joint venture with ANHAM that it manages, Afghanistan Integrated Support Services, was awarded a maintenance and capacity-building contract by the U.S. Army to support the Afghanistan National Army's Technical Equipment Maintenance Program (A-TEMP).
The new program supports the ongoing efforts of the U.S. Army in Afghanistan. The contract has a performance period of one base year with four option years and has a funded value of approximately US$29.9 million with a potential value of US$181.9 million, if all options are exercised.
Under the new program, the joint venture team will provide maintenance services to Afghanistan National Army military vehicles and equipment; develop and train local nationals in vehicle maintenance operations; and enhance the skills of local nationals in areas of management, administration and leadership. The mission will be performed at eight equipment maintenance sites, and associated training will be conducted by advisory maintenance teams within 23 Afghan battalions throughout Afghanistan.
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 52,000 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 more than 100 countries and had revenue of $6.5 billion during its fiscal year 2010. More information on AECOM and its services can be found at www.aecom.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 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 annual report on Form 10-K for the fiscal year ended September 30, 2010, 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