LOS ANGELES--(BUSINESS WIRE)--Apr. 2, 2019--
AECOM (NYSE:ACM), a premier, fully integrated global infrastructure
firm, announced today that the U.S. Department of Energy’s (DOE’s)
Savannah River Operations Office in Aiken, South Carolina, extended the
current liquid waste management contract with AECOM-led Savannah River
Remediation LLC. The approximate US$750 million extension will run from
April 1, 2019, to September 30, 2020. The value of the contract
extension was included in AECOM’s backlog in the second quarter of
fiscal 2019.
“We are pleased that the DOE has decided to extend Savannah River
Remediation’s contract,” said John Vollmer, president of AECOM’s
Management Services group. “AECOM has a long history of supporting the
DOE at the Savannah River Site and extensive experience in liquid waste
disposition. We are committed to safely managing the radioactive waste
system at the site while reducing the state of South Carolina’s critical
environmental risk.”
During the contract extension period, services that the AECOM-led joint
venture will perform are operating the Defense Waste Processing Facility
and Saltstone Production Facility, and continuing progress on the Tank
Closure Cesium Removal demonstration and construction project and the
construction of Saltstone Disposal Unit 7.
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. 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 $20.2 billion during
fiscal year 2018. 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, price, backlog and financial impact of the liquid waste
management 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 December 31, 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190402005391/en/
Source: AECOM
Investor Contact:
Will Gabrielski
Vice President,
Investor Relations
213.593.8208
William.Gabrielski@aecom.com
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Vice President,
Global Communications & Corporate Responsibility
213.996.2367