Aecom - ACM STOCK NEWS

AECOM (NYSE:ACM) has been selected as the Lead Designer for the Washington State Department of Transportation's (WSDOT) SR 520 Portage Bay Bridge and Roanoke Lid Project. Partnering with Skanska, AECOM will replace the existing Portage Bay Bridge in Seattle's North Capitol Hill neighborhood, enhancing seismic resilience, transit connectivity, and local mobility. The project includes constructing two new parallel bridges for eastbound and westbound traffic and creating a three-acre landscaped lid over SR 520, which will provide recreational open space and reconnect severed communities. This project aims to improve travel safety and mobility across Lake Washington and the SR 520 corridor.

AECOM (NYSE: ACM) has been appointed to Southern Water's Professional Services Framework, providing asset management, program, and project management services for the UK water utility's AMP8 regulatory period from 2025-2030. Under the framework, AECOM will focus on water resilience, wastewater treatment, customer service, and environmental protection. The contract includes asset management, advisory services, PMO, and technical services. AECOM will collaborate with partners Arcadis and AliumBlue to deliver these services. This appointment supports Southern Water's largest business plan to date, aiming to improve efficiency and mitigate supply chain risks.

AECOM (NYSE: ACM), a leading infrastructure consulting firm, has partnered with Ukrhydroenergo to aid in the restoration and reconstruction of Ukraine's hydropower infrastructure. The agreement, formalized during the 2024 Ukraine Recovery Conference in Berlin, aims to restore Ukraine's critical hydropower assets and systems, essential for the nation's energy supply. AECOM brings decades of experience in hydropower projects, having realized over 140,000 MW globally. The collaboration will leverage AECOM's expertise in energy advisory and disaster recovery to support Ukraine's energy resilience. This partnership builds on AECOM's previous advisory roles for Ukraine's recovery, including work for the Ministry for Communities, Territories, and Infrastructure Development and Kyiv Boryspil International Airport.

AECOM, a leading infrastructure consulting firm, announced that a joint venture led by them with Akima Support Operations has been selected by the Naval Facilities Engineering Systems Command (NAVFAC) Pacific to provide facility support services under the Global Contingency Services Multiple Award Contract (GCSMAC).

This is AECOM’s third consecutive GCSMAC award, marking 13 years of continued support for NAVFAC facilities worldwide. The contract includes services for natural disasters, humanitarian efforts, and Navy operations, along with maintenance, modernization, environmental, and engineering services.

AECOM has a longstanding relationship with the U.S. Navy, having provided $1.5 billion in services over the past decade. The company aims to leverage its global expertise and rapid deployment capabilities to meet the Navy's needs.

AECOM, a leading infrastructure consulting firm, announced that its Board of Directors has declared a quarterly cash dividend of $0.22 per share.

The dividend will be payable on July 19, 2024, to stockholders of record as of July 3, 2024.

This announcement is part of AECOM's ongoing quarterly dividend program.

AECOM (NYSE: ACM) has been awarded a nationwide program management services contract by FEMA, a division of the U.S. Department of Homeland Security. The contract includes a one-year base period and two additional one-year options. AECOM will provide advisory and program management services to FEMA's four Consolidated Resource Centers (CRCs) located in Virginia, Texas, California, and Puerto Rico. The firm will support the Public Assistance grant program aimed at repairing and replacing public infrastructure damaged by disasters. AECOM’s role will also involve technical support for Environmental Planning, Historical Preservation, and insurance. This initiative aligns with AECOM’s Sustainable Legacies strategy, emphasizing disaster resilience and community recovery. AECOM has over 40 years of experience working with FEMA in this area.

AECOM, a leading infrastructure consulting firm, announced its appointment by Unitywater as a Professional Services Partner in a joint venture with Aurecon. Unitywater supplies water and sewage services to over 800,000 people in South East Queensland, Australia. The partnership will support Unitywater’s $1.8 billion, five-year capital works program to meet regional growth and sustainability goals. AECOM will provide end-to-end professional services, including planning, design, technical assurance, and construction support. This collaboration aims to enhance water distribution, sewage collection, and recycled water schemes, aligning with AECOM's strategy to deliver transformative water projects.

AECOM (NYSE: ACM) has secured a five-year, multiple-award contract from the U.S. Army Environmental Command for comprehensive environmental remediation services. The agreement covers the investigation and remediation of per- and polyfluoroalkyl substances (PFAS) at numerous locations across the contiguous United States, Puerto Rico, Hawaii, and Alaska. AECOM's extensive experience with PFAS at over 600 global sites makes it well-equipped for this task. This contract augments AECOM's existing U.S. government partnerships and reinforces its role in addressing regulatory demands for hazardous compounds. The initiative aims to protect water resources, public health, and the environment.

AECOM's joint venture, Perfect Circle, has been appointed to two new consultancy frameworks by SCAPE, the UK's leading public sector procurement authority. The frameworks, valued at up to £1.25 billion, will deliver professional services across the utilities sector in the UK. The appointment includes a £750 million direct award framework for England, Wales, and Northern Ireland, and a £500 million dedicated framework for Scotland. The frameworks will last four years, with an option to extend for two additional years. Services will cover a range of utility sectors such as water, renewables, energy, rail, aviation, ports, and telecommunications. This initiative aims to support the UK's grid and utilities infrastructure modernization objectives and facilitate the energy transition.