LOS ANGELES--(BUSINESS WIRE)--Jun. 8, 2018--
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, has extended
the current liquid waste management contract with AECOM-led Savannah
River Remediation LLC. The approximate US$450-million extension will run
from June 1, 2018, to March 31, 2019, and was included in AECOM’s
backlog in the second quarter of fiscal 2018.
“We are pleased to have been awarded this contract extension,” 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 Processing 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 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 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 March 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/20180608005096/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
