LOS ANGELES--(BUSINESS WIRE)--Jan. 16, 2018--
AECOM (NYSE:ACM), a premier, fully integrated global infrastructure
firm, announced today that it has been awarded a nine-year contract by
the U.S. Army Mission and Installation Contracting Command, Joint Base
Langley-Eustis, Virginia to provide rotary wing flight training
instructor support services at Fort Rucker, Alabama. The US$442 million,
cost-plus-fixed-fee contract, which successfully resolved a protest,
includes a 12-month base period plus option years, and is expected to be
completed by September 30, 2026. The value of the contract will be added
to AECOM’s backlog for the first quarter of fiscal year 2018.
“We are honored to strengthen our relationship with the U.S. Army by
continuing to serve as its primary partner for rotary wing flight
training,” said Michael S. Burke, AECOM’s chairman and chief executive
officer. “For several years, we have been investing in our business to
further differentiate our leading government services capabilities. Our
continued partnership at Fort Rucker speaks to our success in these
efforts. We look forward to safely and successfully delivering this
contract for the U.S. Army.”
AECOM will continue to provide all personnel, supervision and other
services necessary to perform on-going services for rotary wing flight
training, flight training support and flight training service support.
AECOM’s rotary wing flight training organization provides classroom
academic instruction and hands-on flight training. Using a variety of
helicopters and flight simulation devices, the Company instructs each
and every U.S. Army aviator during their initial entry rotary wing
aviator training. The Company also instructs each U.S. Air Force
helicopter pilot during their specialized undergraduate helicopter pilot
training course.
Since 1989, AECOM and its legacy companies have trained more than 25,000
Army, Air Force and Allied students to meet their world-wide commitments
as military rotary wing pilots.
About AECOM
AECOM 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, value and financial impact of the U.S. Army Mission and
Installation Contracting Command 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 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 year ended September 30, 2017, 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20180116005660/en/
Source: AECOM
AECOM
Investors:
Will Gabrielski, 213-593-8208
Vice
President, Investor Relations
William.Gabrielski@aecom.com
or
Media:
Brendan
Ranson-Walsh, 213-996-2367
Vice President, Global External
Communications
Brendan.Ranson-Walsh@aecom.com
