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 (NYSE: ACM) has secured a contract with Public Services and Procurement Canada for the Faro Mine Remediation Project, a significant environmental clean-up effort. This project, expected to run through March 2024, will involve the design of a remediation plan and quality assurance services, aimed at restoring traditional territories for affected First Nations. AECOM will work alongside a team of experienced partners and aims to ensure human health, safety, and environmental protection in the area.
AECOM (NYSE: ACM) has announced the next phase of its Sustainable Legacies ESG strategy, launched a year ago, which aims to advance sustainability initiatives globally. Key updates include more ambitious net-zero carbon emission targets, operational net-zero achievement for Scopes 1 and 2 for fiscal 2021, and enhanced governance frameworks. The strategy focuses on sustainable development, improving social outcomes, equity, and diversity. AECOM aims for a 60% reduction in Scope 1 and 2 emissions by 2030 and net-zero by 2040, marking a proactive stance in the ESG space.
AECOM (NYSE: ACM) has been awarded a significant contract by NJ TRANSIT for engineering services related to its Bus Garage Modernization Program. This initiative aims to facilitate the transition to a zero-emissions bus fleet by upgrading the Hilton Garage in Maplewood and assessing 16 statewide bus garages. AECOM will provide essential engineering and construction assistance, focusing on electrification upgrades such as solar systems and charging equipment.
AECOM (NYSE: ACM) has formed a joint venture with EnSafe to tackle environmental challenges through a new contract awarded by the Naval Facilities Engineering Systems Command (NAVFAC). The IDIQ contract has a ceiling of $400 million and focuses on delivering architecture and engineering services as part of the Comprehensive Long-Term Environmental Action Navy (CLEAN) program. This initiative will address critical issues, including PFAS contamination and compliance with major environmental laws.
AECOM reported its second quarter fiscal 2022 results, achieving a fifth consecutive quarter of net service revenue (NSR) growth. Revenue declined 2% to $3.2 billion, with operating income down 29% to $111 million. The total backlog reached $40.8 billion, marking a strong book-to-burn ratio of 1.6. Cash flow was robust, with nearly $300 million returned to shareholders through dividends and stock repurchases. Adjusted EPS increased by 24% to $0.83. AECOM reiterated its fiscal 2022 guidance and long-term fiscal 2024 targets for continued growth.
AECOM (NYSE: ACM) has been reappointed by the City of Austin’s Transportation Department as its engineering consultant, continuing its role since 2018. The firm will assist in enhancing Austin's transportation network, focusing on accessibility, safety, and efficiency. AECOM aims to support ATD's objectives such as managing congestion and improving infrastructure. The company's services will encompass engineering studies, traffic safety engineering, and public outreach, aligning with the city’s strategic transportation plans.
AECOM (NYSE:ACM) has announced an expansion of its Digital AECOM offering to assist U.S. clients in navigating funding opportunities provided by the Infrastructure Investment and Jobs Act (IIJA) and the federal Justice40 Initiative. The solution integrates artificial intelligence, geospatial analytics, and grant application services to optimize capital planning and enhance project outcomes. AECOM aims to empower clients to effectively compete for discretionary funds under the new bipartisan infrastructure law.
AECOM (NYSE: ACM) will report its Q2 fiscal year 2022 earnings before the market opens on May 9, 2022. A conference call with analysts and investors is scheduled for 10 a.m. Eastern Time the same day, where management will discuss financial results, strategic accomplishments, and market trends. The webcast and a replay will be available at investors.aecom.com. In fiscal year 2021, AECOM generated $13.3 billion in revenue, emphasizing its role as a leading infrastructure consulting firm.
AECOM (NYSE: ACM) has been appointed as the Lead Engineering Firm for the Southeast Connector project by the Texas Department of Transportation. The project, valued at nearly $1.6 billion, aims to enhance mobility and safety in the Fort Worth area through the construction of over 16 miles of non-tolled freeways. The joint venture team, including Kiewit Engineering Group, will utilize advanced project management technology to optimize efficiency and ensure safety standards are met, addressing current and future travel demands effectively.
AECOM (NYSE: ACM) has been selected by the Texas Department of Transportation to provide engineering services for the Maritime Division. This role involves enhancing the efficiency of Texas ports, including Port Houston, the largest U.S. port by waterborne tonnage. AECOM will manage planning, economic analysis, and technical reporting. This partnership extends efforts started in 2016 to support Texas' port infrastructure, crucial for intermodal freight movement and economic growth.