The task orders were awarded under AECOM's Indefinite Delivery/Indefinite Quantity (IDIQ) contract with the U.S. Air Force Civil Engineer Support Agency to provide worldwide design-build and construction services. The contract, which was awarded during 2008 to multiple companies, has a contract ceiling of US$4 billion with a basic ordering period of 60 months plus five one-year options.
The runway reconstruction projects, slated for completion in 2011, involve reconstruction of the runway and taxiway pavements, in addition to replacement of the airfield lighting and approach system at Fairchild Air Force Base as well as milling and repaving the asphalt concrete at Scott Air Force Base. Fairchild Air Force Base is home to the Air Mobility Command's 92nd Air Refueling Wing, and Scott Air Force Base is headquarters for the Air Mobility Command.
AECOM (NYSE: ACM) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 51,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that enhance and sustain the world's built, natural and social environments. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $6.3 billion during the 12-month period ended June 30, 2010. More information on AECOM and its services can be found at www.aecom.com.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any statements of plans for future operations or expected revenue. Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2010, and our other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.
AECOM Technology Corporation Paul Gennaro, 212-973-3167 SVP & Chief Communications Officer Paul.Gennaro@aecom.com
Source: AECOM Technology Corporation