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AECOM (NYSE: ACM) is a globally recognized infrastructure consulting firm delivering comprehensive professional services throughout the project lifecycle. From advisory, planning, design, and engineering to program and construction management, AECOM caters to both public and private sector clients across 150 countries. Headquartered in Los Angeles, the company employs 51,000 professionals and generated $14.4 billion in sales and $847 million in adjusted operating income in fiscal 2023.
As a fully integrated firm, AECOM connects knowledge and experience across its global network of experts to help clients solve their most complex challenges. Their projects span a variety of sectors including transportation, buildings, water, new energy, and the environment. Recently, AECOM's joint venture with Stantec was awarded a significant environmental planning contract by the Naval Facilities Engineering Systems Command (NAVFAC) Pacific, exemplifying dedication to resilient and sustainable infrastructure.
AECOM’s partnership with the Texas Department of Transportation on the $4.5 billion Capital Express (CapEx) Central project in Austin further highlights their role in critical infrastructure development. Additionally, the company's involvement in expanding Ontario’s Clarkson Water Resource Recovery Facility underscores their expertise in water treatment and environmental services.
Committed to sustainability and innovation, AECOM's collaboration with Unitywater in Australia aims to enhance water and sewage services to over 800,000 residents. Their strategic initiatives also include supporting FEMA’s Public Assistance grant program to aid disaster-affected communities.
AECOM is also at the forefront of supporting Ukraine’s hydropower infrastructure restoration, reflecting their ability to handle complex, large-scale projects. With a commitment to delivering sustainable legacies, AECOM continues to lead in infrastructure consulting, driven by their technical and digital expertise, and a culture of equity, diversity, and inclusion.
AECOM (NYSE: ACM) has announced the next phase of its Sustainable Legacies ESG strategy, launched a year ago, which aims to advance sustainability initiatives globally. Key updates include more ambitious net-zero carbon emission targets, operational net-zero achievement for Scopes 1 and 2 for fiscal 2021, and enhanced governance frameworks. The strategy focuses on sustainable development, improving social outcomes, equity, and diversity. AECOM aims for a 60% reduction in Scope 1 and 2 emissions by 2030 and net-zero by 2040, marking a proactive stance in the ESG space.
AECOM (NYSE: ACM) has been awarded a significant contract by NJ TRANSIT for engineering services related to its Bus Garage Modernization Program. This initiative aims to facilitate the transition to a zero-emissions bus fleet by upgrading the Hilton Garage in Maplewood and assessing 16 statewide bus garages. AECOM will provide essential engineering and construction assistance, focusing on electrification upgrades such as solar systems and charging equipment.
AECOM (NYSE: ACM) has formed a joint venture with EnSafe to tackle environmental challenges through a new contract awarded by the Naval Facilities Engineering Systems Command (NAVFAC). The IDIQ contract has a ceiling of
AECOM reported its second quarter fiscal 2022 results, achieving a fifth consecutive quarter of net service revenue (NSR) growth. Revenue declined 2% to $3.2 billion, with operating income down 29% to $111 million. The total backlog reached $40.8 billion, marking a strong book-to-burn ratio of 1.6. Cash flow was robust, with nearly $300 million returned to shareholders through dividends and stock repurchases. Adjusted EPS increased by 24% to $0.83. AECOM reiterated its fiscal 2022 guidance and long-term fiscal 2024 targets for continued growth.
AECOM (NYSE: ACM) has been reappointed by the City of Austin’s Transportation Department as its engineering consultant, continuing its role since 2018. The firm will assist in enhancing Austin's transportation network, focusing on accessibility, safety, and efficiency. AECOM aims to support ATD's objectives such as managing congestion and improving infrastructure. The company's services will encompass engineering studies, traffic safety engineering, and public outreach, aligning with the city’s strategic transportation plans.
AECOM (NYSE:ACM) has announced an expansion of its Digital AECOM offering to assist U.S. clients in navigating funding opportunities provided by the Infrastructure Investment and Jobs Act (IIJA) and the federal Justice40 Initiative. The solution integrates artificial intelligence, geospatial analytics, and grant application services to optimize capital planning and enhance project outcomes. AECOM aims to empower clients to effectively compete for discretionary funds under the new bipartisan infrastructure law.
AECOM (NYSE: ACM) will report its Q2 fiscal year 2022 earnings before the market opens on
AECOM (NYSE: ACM) has been appointed as the Lead Engineering Firm for the Southeast Connector project by the Texas Department of Transportation. The project, valued at nearly
AECOM (NYSE: ACM) has been selected by the Texas Department of Transportation to provide engineering services for the Maritime Division. This role involves enhancing the efficiency of Texas ports, including Port Houston, the largest U.S. port by waterborne tonnage. AECOM will manage planning, economic analysis, and technical reporting. This partnership extends efforts started in 2016 to support Texas' port infrastructure, crucial for intermodal freight movement and economic growth.
AECOM (NYSE: ACM) has formed a joint venture, Airfield Management Partners, with H.J. Russell & Company to provide civil airside program and construction management services for Dallas Fort Worth International Airport (DFW). This partnership aims to support DFW's Civil Airside Master Plan, building on a history of nearly $1 billion in improvements over the past six years. The joint venture will handle various project phases, including planning, design, and construction management, ensuring minimal impact on airport operations while enhancing infrastructure.
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