Press release from Business Wire
AECOM wins US$19.5-million contract for work on Australia's largest public-transportation project
Thursday, June 21, 2012
LOS ANGELES (Business Wire) -- AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for public and private sector clients in more than 130 countries around the world, announced today that it is part of a consortium that has been awarded a US$555-million contract for a package of work on Australia's Regional Rail Link in the state of Victoria.
AECOM's contribution in delivering the contract is expected to generate revenue of US$19.5 million.
Under the contract from Victoria's Department of Transport, AECOM will provide rail, structural, electrical, signaling and civil infrastructure design as well as geotechnical, waterway modeling and environmental management services for the project — which runs from Melbourne's Southern Cross Station to the Maribyrnong River — until February 2015.
“We are excited to play a key role in an effort that will remove major bottlenecks in Victoria's rail network by untangling metropolitan and regional tracks,” said John M. Dionisio, AECOM chairman and chief executive officer.
Planning and design work will begin immediately, and major construction for the project is scheduled for completion during February 2015. The overall Regional Rail Link is expected to be complete in early 2016. AECOM's work on the project is expected to conclude during February 2015.
The Regional Rail Link currently is Australia's largest public-transportation project and the first major rail line construction project for metropolitan Melbourne in 80 years. AECOM is part of a consortium of companies that have formed an alliance with Metro Trains Melbourne, V/Line and the Regional Rail Link Authority to deliver the project.
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 45,000 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 create, enhance and sustain the world's built, natural and social environments. A Fortune 500 company, AECOM serves clients in more than 130 countries and had revenue of $8.2 billion during the 12 months ended March 31, 2012. 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 projections of earnings, 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 annual report on Form 10-Q for the fiscal quarter ended March 31, 2012, 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 Dickard, 646-432-8473
VP, External Communications