AECOM awarded program management contract for San Diego International Airport expansion project
AECOM (NYSE: ACM) has been selected by the San Diego County Regional Airport Authority to provide program management services for the Capital Improvement Plan at San Diego International Airport (SAN). The project includes managing the $3.8 billion New Terminal 1 (NT1) program and modernizing Terminal 2 East (T2E). Key improvements include:
- New on-airport entrance road for faster access
- Bicycle lanes and pedestrian path connecting to surrounding communities
- Space for future public transit connection
- Enhanced passenger experience, safety, and airport design
AECOM's role encompasses program, project, and construction management services. The company has a history of supporting major capital development projects at SAN since 2005, including the 'Green Build' expansion and various facility improvements.
AECOM (NYSE: ACM) è stata selezionata dall'Autorità Aeroportuale Regionale della Contea di San Diego per fornire servizi di gestione del programma per il Piano di Miglioramento del Capitale presso l'Aeroporto Internazionale di San Diego (SAN). Il progetto include la gestione del programma del Nuovo Terminal 1 (NT1) da 3,8 miliardi di dollari e la modernizzazione del Terminal 2 Est (T2E). I principali miglioramenti includono:
- Nuova strada di accesso all'aeroporto per un accesso più veloce
- Piste ciclabili e percorso pedonale che collegano le comunità circostanti
- Spazio per una futura connessione del trasporto pubblico
- Maggiore esperienza del passeggero, sicurezza e design dell'aeroporto
Il ruolo di AECOM comprende servizi di gestione del programma, progetto e costruzione. L'azienda ha una lunga storia di supporto a importanti progetti di sviluppo capitali presso il SAN dal 2005, inclusa l'espansione 'Green Build' e vari miglioramenti strutturali.
AECOM (NYSE: ACM) ha sido seleccionada por la Autoridad Aeroportuaria Regional del Condado de San Diego para proporcionar servicios de gestión del programa para el Plan de Mejora de Capital en el Aeropuerto Internacional de San Diego (SAN). El proyecto incluye la gestión del programa del Nuevo Terminal 1 (NT1) de 3,8 mil millones de dólares y la modernización del Terminal 2 Este (T2E). Las mejoras clave incluyen:
- Nueva carretera de entrada al aeropuerto para un acceso más rápido
- Carriles para bicicletas y un sendero peatonal que conecta con las comunidades circundantes
- Espacio para futura conexión de transporte público
- Mejora de la experiencia de los pasajeros, la seguridad y el diseño del aeropuerto
El papel de AECOM abarca servicios de gestión de programas, proyectos y construcción. La empresa tiene una historia de apoyo a importantes proyectos de desarrollo de capital en el SAN desde 2005, incluida la expansión 'Green Build' y varias mejoras en las instalaciones.
AECOM (NYSE: ACM)는 샌디에이고 카운티 지역 공항청으로부터 샌디에이고 국제공항(SAN)의 자본 개선 계획을 위한 프로그램 관리 서비스를 제공하도록 선정되었습니다. 이 프로젝트에는 값이 38억 달러인 새로운 제1터미널(NT1) 프로그램의 관리와 동부 제2터미널(T2E)의 현대화가 포함됩니다. 주요 개선 사항은 다음과 같습니다:
- 더 빠른 접근을 위한 공항 내 새로운 진입 도로
- 주변 커뮤니티와 연결되는 자전거 도로 및 보행자 경로
- 향후 대중교통 연결을 위한 공간
- 개선된 승객 경험, 안전 및 공항 설계
AECOM의 역할은 프로그램, 프로젝트 및 건설 관리 서비스를 포함합니다. 이 회사는 2005년부터 샌디에이고(SAN)에서 '그린 빌드' 확장 및 다양한 시설 개선을 포함하여 주요 자본 개발 프로젝트 지원의 역사를 가지고 있습니다.
AECOM (NYSE: ACM) a été sélectionné par l'Autorité Aéroportuaire Régionale du Comté de San Diego pour fournir des services de gestion de programme pour le Plan d'Amélioration du Capital à l'Aéroport International de San Diego (SAN). Le projet comprend la gestion du programme du Nouveau Terminal 1 (NT1) de 3,8 milliards de dollars et la modernisation du Terminal 2 Est (T2E). Les principales améliorations comprennent :
- Nouvelle route d'entrée pour un accès plus rapide
- Pistes cyclables et sentier piétonnier reliant les communautés environnantes
- Espace pour une future connexion de transport public
- Expérience passager améliorée, sécurité et design de l'aéroport
Le rôle d'AECOM englobe des services de gestion de programme, de projet et de construction. L'entreprise a une histoire de soutien aux grands projets de développement d'infrastructures au SAN depuis 2005, y compris l'extension 'Green Build' et divers améliorations des installations.
AECOM (NYSE: ACM) wurde von der Regionalen Flughafenbehörde von San Diego ausgewählt, um Programmanagement-Dienstleistungen für den Kapitalverbesserungsplan am internationalen Flughafen San Diego (SAN) bereitzustellen. Das Projekt umfasst das Management des 3,8 Milliarden Dollar teuren neuen Terminals 1 (NT1) und die Modernisierung des Terminal 2 Ost (T2E). Zu den wichtigsten Verbesserungen gehören:
- Neue Zufahrtsstraße zum Flughafen für einen schnelleren Zugang.
- Fahrradwege und Fußgängerwege, die mit den umliegenden Gemeinden verbunden sind.
- Raum für eine zukünftige Anbindung an den öffentlichen Nahverkehr.
- Verbesserung des Passagiererlebnisses, der Sicherheit und des Designs des Flughafens.
Die Rolle von AECOM umfasst Programm-, Projekt- und Bauleitungsdienste. Das Unternehmen kann auf eine Geschichte der Unterstützung wichtiger Kapitalentwicklungsprojekte am SAN zurückblicken, die seit 2005 durchgeführt werden, einschließlich der 'Green Build'-Erweiterung und verschiedener Verbesserungen der Einrichtungen.
- Secured $3.8 billion New Terminal 1 (NT1) program management contract
- Expanded business relationship with San Diego County Regional Airport Authority
- Potential for long-term revenue stream from ongoing airport improvement projects
- Leveraging past experience with SAN to enhance project execution
- None.
Insights
The $3.8 billion New Terminal 1 (NT1) program is a significant investment for AECOM, potentially boosting its revenue stream over the project's duration. This contract, part of San Diego International Airport's Capital Improvement Plan, demonstrates AECOM's strong position in the infrastructure consulting sector. The project's scale and complexity could lead to improved profit margins, especially given AECOM's extensive experience with the airport since 2005. However, large-scale projects also carry execution risks that investors should consider. The contract's long-term nature provides revenue visibility but may tie up resources, potentially affecting AECOM's ability to pursue other opportunities. Overall, this win reinforces AECOM's market leadership in transportation design and program management, which could positively impact its stock performance.
The San Diego Airport expansion project showcases a comprehensive approach to modernization, addressing critical infrastructure, accessibility and sustainability. The new on-airport entrance road and future public transit connection highlight a focus on improving transportation efficiency, a key factor in airport competitiveness. The inclusion of bicycle lanes and pedestrian paths reflects a growing trend in airport design towards better integration with surrounding communities. These features, combined with the sustainability focus, position San Diego International Airport at the forefront of modern airport development. For AECOM, successfully managing this complex project could enhance its reputation and lead to similar high-profile contracts globally. The project's emphasis on sustainability and community integration aligns with increasing investor focus on ESG factors, potentially boosting AECOM's appeal to ESG-conscious investors.
This contract win for AECOM underscores the resilience and growth potential of the infrastructure sector, particularly in airport development. Despite recent challenges in air travel, long-term infrastructure investments continue, signaling confidence in the industry's recovery and future growth. The project's focus on sustainability and improved accessibility aligns with broader market trends towards environmentally conscious and user-friendly infrastructure. This alignment could position AECOM favorably in future contract bids. Additionally, the project's potential to boost regional economy through job creation and increased tourism could have positive ripple effects on various sectors, from construction to hospitality. For investors, AECOM's involvement in such transformative projects could indicate strong future performance and market share growth in the infrastructure consulting space.
“We are thrilled to help deliver the revitalized
In its role, AECOM will provide a full range of program, project and construction management services, as well as diversified specialized services. NT1, the airport’s biggest project ever, will include a new, on-airport entrance road to provide travelers with a faster route to the airport. New bicycle lanes and a pedestrian path will connect the airport to San Diego’s surrounding communities. NT1 also secures space outside the terminals to accommodate a future direct connection to the region’s public transit network.
“AECOM has worked closely with the Authority since 2005 and we look forward to building on that legacy to deliver this set of long-awaited upgrades,” said Drew Jeter, chief executive of AECOM’s Program Management global business line. “These improvements, guided by our program management expertise, will enhance passenger experience, safety, and airport design, while also boosting the regional economy through job creation and increased tourism. This program serves as a shining example of AECOM’s ongoing commitment to fostering sustainable and thriving communities.”
AECOM’s past support of major capital development projects at SAN includes the “Green Build,” the airport's 494,000-square-foot, three-story addition to Terminal 2 West; a new Federal Inspection Services (FIS) facility to accommodate growing international service; a consolidated rental car facility; and a new parking plaza for T2E/W. The Company has also contributed to numerous small to mid-sized capital projects necessary to improve terminal, airside, and landside facilities across the airport campus.
About AECOM
AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy, and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of
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Media:
Brendan Ranson-Walsh
Senior Vice President, Global Communications
1.213.996.2367
Brendan.Ranson-Walsh@aecom.com
Investor:
Will Gabrielski
Senior Vice President, Finance, Treasurer
1.213.593.8208
William.Gabrielski@aecom.com
Source: AECOM
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