LOS ANGELES (Jan. 16, 2018) — AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, announced today that it has been awarded a nine-year contract by the U.S. Army Mission and Installation Contracting Command, Joint Base Langley-Eustis, Virginia to provide rotary wing flight training instructor support services at Fort Rucker, Alabama. The US$442 million, cost-plus-fixed-fee contract, which successfully resolved a protest, includes a 12-month base period plus option years, and is expected to be completed by September 30, 2026. The value of the contract will be added to AECOM’s backlog for the first quarter of fiscal year 2018.
“We are honored to strengthen our relationship with the U.S. Army by continuing to serve as its primary partner for rotary wing flight training,” said Michael S. Burke, AECOM’s chairman and chief executive officer. “For several years, we have been investing in our business to further differentiate our leading government services capabilities. Our continued partnership at Fort Rucker speaks to our success in these efforts. We look forward to safely and successfully delivering this contract for the U.S. Army.”
AECOM will continue to provide all personnel, supervision and other services necessary to perform on-going services for rotary wing flight training, flight training support and flight training service support.
AECOM’s rotary wing flight training organization provides classroom academic instruction and hands-on flight training. Using a variety of helicopters and flight simulation devices, the Company instructs each and every U.S. Army aviator during their initial entry rotary wing aviator training. The Company also instructs each U.S. Air Force helicopter pilot during their specialized undergraduate helicopter pilot training course.
Since 1989, AECOM and its legacy companies have trained more than 25,000 Army, Air Force and Allied students to meet their world-wide commitments as military rotary wing pilots.
About AECOM
AECOM is built to deliver a better world. We design, build, finance and operate infrastructure assets for governments, businesses and organizations in more than 150 countries. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help clients solve their most complex challenges. From high-performance buildings and infrastructure, to resilient communities and environments, to stable and secure nations, our work is transformative, differentiated and vital. A Fortune 500 firm, AECOM had revenue of approximately $18.2 billion during fiscal year 2017. See how we deliver what others can only imagine at aecom.com and @AECOM.
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 the future term, value and financial impact of the U.S. Army Mission and Installation Contracting Command contract as well as other future business and economic conditions. 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-K for the year ended September 30, 2017, 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.
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Investor Contact:
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William.Gabrielski@aecom.com
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213.996.2367
Brendan.Ranson-Walsh@aecom.com
