Welcome to our dedicated page for AECOM news (Ticker: ACM), a resource for investors and traders seeking the latest updates and insights on AECOM stock.
AECOM (NYSE: ACM) describes itself as the global infrastructure leader and a trusted professional services firm with deep technical abilities. The news flow around AECOM highlights its role in large, complex infrastructure programs across water, transportation, environment, energy, and buildings, providing insight into how the company applies advisory, design, engineering, and program and construction management services in practice.
Recent announcements show AECOM being selected as a preferred bidder and primary designer for Scottish Water’s Enterprise Alliance, where it will support a multi‑year investment program to enhance water and wastewater infrastructure. Other news covers its appointment, through the Unite32 joint venture, as Delivery Partner for the Brisbane 2032 Olympic and Paralympic Games venues infrastructure program, reflecting its involvement in major sports and events infrastructure.
AECOM’s news also includes awards of significant government contracts, such as a position on the U.S. General Services Administration’s OASIS+ contract for integrated professional services across federal agencies, and an FAA-wide architecture and engineering contract to support air traffic control and related aviation facilities. In the United Kingdom, the company reports participation in National Highways’ SPaTS3 framework, providing specialist technical and advisory services for the strategic road network.
Investors and observers following ACM news can see updates on quarterly and annual financial results, dividend declarations, capital markets transactions such as senior notes offerings and tender offers, and strategic initiatives including reviews of alternatives for the Construction Management business and long-term financial targets tied to AECOM AI and Advisory growth. This news page brings together these company-issued updates so readers can track AECOM’s evolving project portfolio, financial disclosures, and strategic priorities over time.
AECOM, in partnership with Arup, has been appointed as a design and consenting service partner for the UK National Grid's Great Grid Upgrade. The project aims to connect clean energy to homes and businesses in England and Wales by 2030, part of a £9bn supply chain framework. AECOM's expertise in grid design will help meet the demand for grid improvements and support the transition to net zero, providing cheaper energy and less reliance on fossil fuels.
AECOM reported strong second quarter fiscal 2024 results with revenue increasing 13% to $3.9 billion, operating income up 2% to $200 million, net income down 6% to $111 million, and diluted earnings per share down 4% to $0.81. Backlog reached an all-time high, and the Company raised its fiscal 2024 adjusted EBITDA guidance to between $1,070 million and $1,105 million. Operating cash flow was $94 million, free cash flow $74 million, and $145 million was returned to shareholders in the first half of the year. AECOM remains optimistic about the future based on strong financial performance.
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