AECOM to serve as reconstruction delivery partner for Kyiv Boryspil International Airport

Rhea-AI Summary

AECOM (NYSE: ACM) has signed a memorandum of understanding with Boryspil International Airport to serve as a reconstruction delivery partner for the rebuilding of Boryspil International Airport and the broader aviation sector of Ukraine. AECOM will provide infrastructure advisory support for the reconstruction, including asset condition and capability assessment, design, engineering, program management, and construction management.

The Company has formalized a partnership to provide infrastructure advisory support for the reconstruction and modernization of aviation infrastructure of Ukraine’s largest airport and the nation’s aviation sector

DALLAS--(BUSINESS WIRE)-- AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that it has signed a memorandum of understanding with Boryspil International Airport to serve as reconstruction delivery partner for the rebuilding of Boryspil International Airport and support the reconstruction of the broader aviation sector of Ukraine. Located in Kyiv, Boryspil is Ukraine’s largest airport and handled nearly 9.5 million passengers prior to the closure of Ukraine’s air space at the start of the ongoing Russian invasion of Ukraine.

“We are proud to extend our support to the reconstruction of Ukraine with this partnership to restore the nation’s aviation sector – supporting the flow of critical resources and investment to drive recovery,” said Troy Rudd, AECOM’s chief executive officer. “With our program management and aviation capabilities, we look forward to working with Boryspil International Airport to restore this strategically important airport and Ukraine’s aviation sector.”

Through the announced partnership, AECOM will provide infrastructure advisory support for the reconstruction of Boryspil International Airport, including asset condition and capability assessment, design, engineering, program management, and construction management. Additionally, the Company will assist in developing a program management capacity for the broader reconstruction of the nation’s aviation sector.

“The memorandum marks another important milestone for the recovery of Ukraine's aviation sector and is part of the global plan for restoration and modernization of national airports and the aviation industry, which was developed under the auspices of the Ministry of Community, Territory and Infrastructure Development of Ukraine,” said Oleksiy Dubrevskyy, Director General of Boryspil International Airport. “We recognize the benefits of AECOM’s programmatic approach and eagerly anticipate collaborating with them to realize our restoration plans.”

This latest agreement builds on AECOM’s existing role as infrastructure delivery advisor for the reconstruction of Ukraine. AECOM has extensive experience participating in reconstruction efforts around the globe, ranging from initial response to recovery and reconstruction, to building long-term resilience. AECOM and its legacy companies have participated in post-war reconstruction on behalf of clients in Iraq, Afghanistan, and Bosnia, as well as post-natural disaster reconstruction in Nepal, Haiti, Japan, Indonesia, and the Caribbean. Additionally, the Company’s global expert teams have successfully delivered aviation solutions across projects and continents, from finance and feasibility analysis to design, masterplanning, program management and construction management.

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 $14.4 billion in fiscal year 2023. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

Forward-Looking Statements 
All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs; currency exchange rate and interest fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; AECOM Capital real estate development projects; managing pension cost; cybersecurity issues, IT outages and data privacy; risks associated with the expected benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas construction businesses, including the risk that any contingent purchase price adjustments from those transactions could be unfavorable and result in lower aggregate cash proceeds and any future proceeds owed to us under those transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.

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Media Contact:

Brendan Ranson-Walsh

Senior Vice President, Global Communications

1.213.996.2367

Investor Contact:

Will Gabrielski

Senior Vice President, Finance, Treasurer

1.213.593.8208

Source: AECOM

FAQ

What is AECOM's partnership with Boryspil International Airport about?

AECOM has partnered with Boryspil International Airport to provide infrastructure advisory support for the reconstruction and modernization of the airport and Ukraine's aviation sector.

What kind of support will AECOM provide?

AECOM's support includes asset condition and capability assessment, design, engineering, program management, and construction management for the reconstruction of Boryspil International Airport and the broader aviation sector of Ukraine.

What are AECOM's previous experiences in reconstruction efforts?

AECOM has extensive experience in participating in reconstruction efforts globally, including post-war reconstruction in countries like Iraq, Afghanistan, and Bosnia, as well as post-natural disaster reconstruction in Nepal, Haiti, Japan, Indonesia, and the Caribbean.