|AECOM wins US$17-million contract extension to complete second phase of Dallas Area Rapid Transit light rail extension|
LOS ANGELES, Oct 20, 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 it has been awarded a US$17-million extension contract from Dallas Area Rapid Transit (DART) to complete the second phase of its light rail expansion program.
Under the contract extension, AECOM will provide a variety of project control, system integration and staff support services as DART completes the 20-mile expansion of its Orange and Blue light rail lines.
AECOM is honored by this opportunity to continue partnering closely with DART, a key client of ours for more than two decades," said John M. Dionisio, AECOM chairman and chief executive officer. "We look forward to delivering innovative solutions to enhance Dallas' mass transit systems."
During its most recent assignment on the DART light rail expansion, AECOM's project control and support services played a critical role in enabling the client to successfully open the 28-mile, $1.8-billion Green Line on schedule and under budget during December 2010.
AECOM's work on the current light rail contract began during 2002 and has a value of US$82 million to date.
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 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 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.
SOURCE: AECOM Technology Corporation