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Aecom - ACM STOCK NEWS

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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.

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AECOM (NYSE: ACM) has been selected to support Southern Water's $4.8 billion capital delivery program for the AMP8 period (2025-2030). The company will serve as a detailed design partner to Kier on non-infrastructure water and wastewater projects, and as the sole design partner to Morrison Water Services for infrastructure projects and low complexity wastewater projects.

This selection builds on AECOM's existing appointments to Southern Water's AMP8 Professional Services Framework. The company will provide design engineering services, including optioneering, outline, and detailed design across water and wastewater projects. The frameworks run for seven and five years, respectively, with options for extension.

AECOM's involvement underscores its market sector leadership and technical expertise in water infrastructure modernization and sustainability. The collaboration aims to address challenges posed by population growth, climate change, and environmental protection needs.

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AECOM has been selected by the Texas Department of Transportation (TxDOT) to provide design services for Segment 3C-4 of the North Houston Highway Improvement Project (NHHIP). This project aims to redesign I-45N between downtown Houston and the North Sam Houston Tollway, focusing on lane expansions, traffic congestion alleviation, commuter safety enhancement, and flood resiliency improvement.

AECOM's scope includes designing four express lanes, realigning I-45's six main lanes, and widening from one to four managed lanes from west of Houston Avenue to west of White Oak Bayou. The project also involves drainage system improvements to ensure roadway functionality during extreme weather events.

The NHHIP is expected to expand multi-modal transit options by adding more high-occupancy vehicle lanes, bike lanes, and pedestrian trail paths. It also aims to enhance regional freight mobility, supporting Houston's growth as local ports continue to expand.

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AECOM (NYSE: ACM) has been selected by Peel Region to provide program management services for the Queen Street Housing Enabling Infrastructure Program (HEIP) in Ontario, Canada. This initiative aims to build essential wastewater and water infrastructure to support housing development mandated under Bill 23, which includes Ontario's goal to build 1.5 million units by 2031.

AECOM's scope of work includes planning, designing, and implementing new water and wastewater systems to meet accelerated growth and housing demands in Peel. The company's recent work in the region includes expanding the Clarkson Water Resource Recovery Facility and supporting drinking water treatment projects at the Arthur P. Kennedy and Lorne Park water treatment plants.

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AECOM (NYSE: ACM) has been selected as the design partner for Phase 1 of Edmonton's Capital Line South Light Rail Transit Extension project in Alberta, Canada. The project, subcontracted to Capital Line Design-Build , includes a 4.5-kilometer light rail extension from Century Park to north of Ellerslie Road, two new stations, and a light rail vehicle storage and maintenance facility.

As the design lead, AECOM will be responsible for infrastructure and systems design. The new line will feature an underpass at 23 Avenue, new bridges crossing Blackmud Creek and Anthony Henday Drive, and new stations at Twin Brooks and Heritage Valley North. AECOM's extensive experience in Canada, including their work on Edmonton's Valley Line project, positions them to deliver high-quality infrastructure design for the Capital Line South.

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AECOM (NYSE: ACM) has appointed Jill Hudkins as chief executive of its new Water & Environment Advisory global business line. This move is part of AECOM's growth strategy to extend its competitive advantage by developing complementary, high-value businesses. The new advisory business will focus on guiding clients through complex water and environmental management challenges, leveraging AECOM's existing top-ranked water and environmental engineering capabilities.

The business line aims to expand into high-growth areas such as advanced digital water asset management, environmental permitting, and PFAS remediation. Hudkins, with over 25 years of experience, previously served as President at Tetra Tech, where she led the advancement of digital applications and data analytics in water, environment, and sustainable infrastructure.

AECOM's CEO, Troy Rudd, expressed excitement about the opportunities ahead, responding to increasing client demand for comprehensive advisory, consulting, design, and program management solutions addressing pressing water and environmental challenges.

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AECOM (NYSE: ACM) has been awarded a contract to support the Los Angeles County Metropolitan Transportation Authority's (Metro) transition to Zero Emission Buses (ZEB). This initiative, one of the largest electric bus programs in the nation, aims to reduce greenhouse gas emissions and improve air quality in Los Angeles County. AECOM will provide:

  • Program management, design, and engineering services
  • ZEB and charging infrastructure conceptual design
  • Specification and procurement support
  • Implementation strategies for a seamless transition

The project, supported by the Infrastructure Investment and Jobs Act, aligns with AECOM's Sustainable Legacies strategy and will set a national example for transit agencies transitioning to zero-emission fleets.

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AECOM (NYSE: ACM) has been selected by the City of Austin as the prime consultant for the expansion of the Walnut Creek Wastewater Treatment Plant (WWTP) in Austin, Texas. The project aims to increase the plant's capacity from 75 million gallons per day (MGD) to 100 MGD, addressing the needs of Austin's growing population and enhancing the resilience of its wastewater infrastructure.

The scope of work includes process, mechanical, civil, electrical, and structural engineering services to modernize and upgrade existing infrastructure. Key components of the expansion include:

  • Replacing aging equipment
  • Constructing a new 25 MGD treatment train
  • Building a new 120-inch outfall line and structure
  • Providing wet weather treatment with new 100 MGD cloth filters
  • Building a flood wall for protection against 100-year floods

The Walnut Creek WWTP, originally built in 1977, has undergone three previous expansions. The facility is expected to remain operational throughout the upgrade process.

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AECOM (NYSE: ACM) has been awarded first place on the design consultant lot of Wessex Water's new Capital Delivery Framework. This appointment supports Wessex Water's planned £3.7 billion investment between 2025-2030 for improvements across the South West of England. AECOM's role includes providing multidisciplinary design services for water and wastewater infrastructure.

The framework is initially for six years with an option to extend for five more years. AECOM will offer services from optioneering to detailed design and construction support throughout the next regulatory period, AMP8. The company will collaborate with other framework suppliers to support Wessex Water's '8 Outcomes', including net zero carbon, biodiversity improvements, and effective sewerage systems.

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AECOM (NYSE: ACM) has been selected by the San Diego County Regional Airport Authority to provide program management services for the Capital Improvement Plan at San Diego International Airport (SAN). The project includes managing the $3.8 billion New Terminal 1 (NT1) program and modernizing Terminal 2 East (T2E). Key improvements include:

- New on-airport entrance road for faster access
- Bicycle lanes and pedestrian path connecting to surrounding communities
- Space for future public transit connection
- Enhanced passenger experience, safety, and airport design

AECOM's role encompasses program, project, and construction management services. The company has a history of supporting major capital development projects at SAN since 2005, including the 'Green Build' expansion and various facility improvements.

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AECOM (NYSE: ACM) has been appointed to Northern Ireland Water's IF182 Professional Services Framework to deliver asset management, design, site supervision, program and project management services. The company will support NI Water's strategic objectives in two key areas:

1. Lot 1: Civil and mechanical, electrical, instrumentation, control and automation (MEICA) site supervision services.
2. Lot 3: Feasibility, design, project management, and climate change management services.

This appointment builds on AECOM's decades-long partnership with NI Water and aligns with the utility's long-term strategy for delivering high-quality drinking water, protecting the environment, and supporting sustainable growth. The framework covers the remaining three years of price control period PC21 and extends into PC27, with an initial duration of four years and potential for a four-year extension.

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FAQ

What is the current stock price of Aecom (ACM)?

The current stock price of Aecom (ACM) is $104.89 as of October 24, 2024.

What is the market cap of Aecom (ACM)?

The market cap of Aecom (ACM) is approximately 14.0B.

What does AECOM specialize in?

AECOM specializes in infrastructure consulting, offering services in advisory, planning, design, engineering, and program and construction management across various sectors.

Where is AECOM headquartered?

AECOM is headquartered in Los Angeles, California.

How many employees does AECOM have?

AECOM employs approximately 51,000 professionals worldwide.

What are some recent projects undertaken by AECOM?

Recent projects include the NAVFAC Pacific environmental planning contract, the Texas Capital Express project, and the expansion of Ontario’s Clarkson Water Resource Recovery Facility.

What sectors does AECOM operate in?

AECOM operates in various sectors including transportation, buildings, water, new energy, and the environment.

What was AECOM’s revenue in fiscal year 2023?

AECOM reported revenue of $14.4 billion in fiscal year 2023.

How is AECOM contributing to sustainability?

AECOM is committed to sustainability through various projects such as water treatment improvements, disaster resilience programs, and infrastructure projects supporting environmental compliance and sustainability.

What is AECOM’s role in supporting Ukraine’s hydropower infrastructure?

AECOM is partnering with Ukrhydroenergo to restore and reconstruct Ukraine’s hydropower assets, showcasing their expertise in renewable energy and disaster recovery.

What recent contracts has AECOM secured?

AECOM recently secured a contract with FEMA for disaster recovery services and a joint venture contract with NAVFAC Pacific for facility support services.

What is AECOM’s commitment to diversity and inclusion?

AECOM is dedicated to a culture of equity, diversity, and inclusion, driving their purpose to deliver a better world through technical and digital expertise.

Aecom

NYSE:ACM

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14.04B
134.07M
0.48%
90.4%
2.3%
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