June 20, 2023
Via: ENRUkrainian officials and AECOM have signed two agreements for the company to help structure the country’s efforts to rebuild since Russia’s invasion. The firm will serve as a delivery partner to provide infrastructure and program management advisory support, working with […]
September 21, 2022
Via: Construction DiveAECOM’s PipeInsights platform enables users to manage multiple sewer programs simultaneously and better understand overall sewer system health, the company said in the release. It also allows users to securely access inspections from any mobile device. PipeInsights is the latest […]
September 1, 2022
Via: ENRThe compensation paid in 2021 to WSP Global Inc. CEO Alexandre L’Heureux easily topped that fiscal’s year’s total pay to AECOM CEO W. Troy Rudd, according to proxy statements and other documents—even though the latter outranks the former on revenue-based […]
Construction Processes, Financial
August 9, 2022
Via: Construction DiveAdjusted earnings per share, which excluded certain charges for the quarter, came in at 86 cents per share, besting Wall Street analysts’ expectations of 82 cents, according to stock analysis site Seeking Alpha. But total revenue missed analysts’ expectations by […]
May 19, 2022
Via: ENRPlans for a long-awaited Utah railroad are moving forward as one of the firms involved in the public-private partnership developing the project announced the engineering and construction firms that will work on the $1.35-billion Uinta Basin Railway. AECOM will deliver […]
February 8, 2022
Via: Construction DiveAECOM CEO Troy Rudd said the company exceeded expectations on every key financial metric. Investments in collaboration and innovation contributed to its growth and operating margin expansion, Rudd said. “Our win rate has been improving steadily over the last four […]
December 14, 2021
Via: Construction DiveThe new terminal will feature 23 new gates and will include retail, dining, an indoor green space and other offerings, according to the release. It will also use renewable energy technologies such as solar hot water and aircraft de-icing and […]
November 22, 2021
Via: ENRA federal district court in New York City must now reconsider part of its decision to dismiss a former employee whistleblower’s complaint that AECOM fraudulently billed the U.S. Army under a $1.9-billion contract it held for maintenance and support in […]
October 13, 2021
Via: ENRNew Jersey’s Portal Bridge, a 110-year-old structure long the bane of Northeast Corridor rail travelers, is a step closer to becoming a memory with NJ Transit’s award of a $1.6-billion replacement project contract to a joint venture of Skanska and […]
August 19, 2021
Via: Construction DiveBy moving to the region, AECOM joins Fluor and Balfour Beatty Construction, the country’s 3rd and 16th largest contractors, respectively. Balfour Beatty, a U.K. company, has its U.S. headquarters in Dallas. Fluor is based in Irving, Texas, just northwest of […]
Construction Processes, Financial
May 12, 2021
Via: Construction DiveRudd said that AECOM’s government clients are on strong financial ground, thanks to money from the $350 billion American Rescue Plan. In fact, he said, the company’s largest state and local government clients are funded at higher levels now than […]
April 26, 2021
Via: Construction DiveESG is an investment approach that screens publicly traded companies for predefined objectives based on environmental, social and corporate governance criteria. It shuns firms that don’t adhere to such principles or those that operate in industries that are philosophically opposed […]
April 5, 2021
Via: ENRA $48-million contract awarded March 23 to AECOM to study impacts of widening 34 miles of the most rural southern part of the 117.2-mile New Jersey Turnpike has upset state environmental activists who say the project conflicts with the state’s […]
February 24, 2021
Via: Construction DiveLast year, Lilium and the city of Orlando entered into an economic development incentive agreement for a proposed $25 million, 56,000-square-foot transportation hub. The agreement, approved by the Orlando City Council in November, will give Lilium a tax rebate of […]
Construction Processes, Interaction of Expertise
February 5, 2021
Via: Construction DiveAECOM released a statement in response to its ranking on Fortune’s list, saying that despite the coronavirus-related challenges of 2020, it still delivered strong financial results for its stakeholders, results that outperformed guidance on almost all of its key financial […]
December 21, 2020
Via: Construction DiveMSG reiterated to Construction Dive that the transition involving AECOM was not about any disagreement or problem with contractor’s work but about the expansion of MSG’s construction capabilities. An AECOM statement to Construction Dive echoed that sentiment: “Our relationship with […]
December 10, 2020
Via: Construction DiveThe announcement is not a surprise to investors and those who follow the company closely, according to Andrew Wittmann, senior research analyst with Baird Equity Research’s Industrial Services division. “Investors have been expecting this for some time and therefore the […]
June 5, 2020
Via: Construction DivePost-Katrina, FEMA provided schools and universities with funds for the repair or replacement of damaged facilities, limited to the amount required to restore them to their pre-disaster condition. The full cost of replacement was available only if repair estimates exceeded […]
September 18, 2019
Via: Construction DiveDuring a typical “hackathon,” groups of software developers meet over several days to engage in intensive rounds of computer programming. Participants motivate each other to share ideas and collaborate on technology-focused problem solving. While this doesn’t sound like a gathering […]
Construction Processes, Financial
November 15, 2018
Via: ENRAECOM delivered some good news in reporting its latest quarter and year-end results on Nov. 12, noting records in both revenue, which rose 8% to $20.2 billion for fiscal 2018 and in backlog, up 14% to $54.1 billion. But the […]