AECOM Stock Price, News & Analysis

AECOM (NYSE: ACM) has secured a significant contract with the U.S. Air Force Civil Engineer Center (AFCEC) to provide global architecture and engineering services. The multiple award task order contract (MATOC) has a ceiling of $1.5 billion and spans a five-year base period with an additional five-year option. Under this indefinite delivery, indefinite quantity framework, AECOM will deliver comprehensive environmental services including restoration, conservation, planning, and environmental quality support. The contract scope covers the full project lifecycle from planning and assessment to construction-phase design and long-term operations management, serving the U.S. Air Force, Air Force Materiel Command, and various Department of Defense stakeholders.

AECOM (ACM) has secured a significant $81.3 million environmental remediation contract from the U.S. Army Corps of Engineers Los Angeles District for work at Vandenberg Space Force Base in California. The 10-year Optimized Remediation Contract (ORC), one of the largest awarded by USACE Los Angeles District, involves remediation and management activities across 60 sites throughout the base.

The project will utilize state-of-the-art digital tools for enhanced data collection, analysis, and reporting to optimize site remediation. AECOM will implement innovative, sustainable remediation solutions aligned with their Sustainable Legacies strategy to restore natural systems at the base.

AECOM (ACM) has announced its continued partnership with the Saudi Ministry of Sport to provide site supervision consultancy services for the transformation of the King Fahd Sport City in Riyadh. The project aims to prepare the iconic "Pearl of Stadiums" for hosting the AFC Asian Cup 2027 and 2034 FIFA World Cup.

AECOM will leverage its global sports infrastructure experience, including expertise from the 2022 Qatar World Cup, 2012 London Olympics, and 2010 FIFA World Cup South Africa. AECOM Hunt, with a portfolio of over 140 stadium projects, will serve as a key consulting partner, bringing experience from major U.S. venues like Intuit Dome and SoFi Stadium.

AECOM (NYSE: ACM) reported strong Q2 FY2025 results, leading to increased financial guidance for the second time this year. The company achieved 8% growth in adjusted EBITDA and 20% growth in adjusted EPS. Net service revenue grew 4%, with the Americas segment showing 6% growth. Key financial highlights include: operating income up 28%, net income increased 38%, and free cash flow surged 141%. The company maintained a strong balance sheet with 0.7x net leverage and reached a new record in total backlog of $24.27 billion, driven by a 1.1x book-to-burn ratio. AECOM was ranked #1 overall design firm by ENR and secured position as Official Venue Infrastructure Partner for LA28 Olympic Games. Updated FY2025 guidance projects organic NSR growth of 5-8% and adjusted EPS of $5.10-$5.20, representing 14% growth at midpoint.

AECOM (NYSE: ACM) has acquired Scotland-based Allen Gordon LLP, a leading technical design and advisory services provider for the U.K. & Ireland water and energy sectors. The strategic acquisition positions AECOM to capitalize on anticipated investments exceeding £250 billion over the next decade in regional water and energy markets.

Founded in 1971, Allen Gordon brings established relationships with major water utilities and renewable energy clients. The acquisition strengthens AECOM's Water and Energy teams in the UK&I region, supporting the company's goal of doubling its global water business within five years.

AECOM (NYSE: ACM) has secured a position on Network Rail's Asset Protection (ASPRO) support services framework for the North West & Central region. The framework spans three years with a possible two-year extension, focusing on mitigating risks during third-party work near Network Rail infrastructure.

The company will collaborate with SLC to provide comprehensive technical services, building on AECOM's 18-year history of asset protection services for Network Rail. The framework encompasses program management, engineering, commercial, construction, and PMO roles.

Notable recent collaborations between AECOM and SLC include the West Midlands Rail Programme and the Northumberland Line project, which resumed passenger service in December 2024 after 60 years of freight-only operations.

AECOM (NYSE: ACM) and its joint venture partner AtkinsRéalis have been selected by Hong Kong's Highways Department to provide technical services for the Northern Metropolis Highway (NMH) project. The NMH will span approximately 23 kilometers, featuring dual three-lane sections and at least 8 major interchanges.

The project will connect Tin Shui Wai in the west to the New Territories North New Town near Ping Che in the east, comprising four main sections. AECOM's scope includes assessing engineering feasibility, alignment options, preliminary design, and conducting various assessments including traffic and environmental impact studies.

The company will implement innovative solutions including digital twins, BIM, and Design for Manufacturing and Assembly (DfMA) to ensure cost-effective designs. This strategic corridor aims to enhance east-west connectivity, reduce congestion on existing highways, and support Hong Kong's Northern Metropolis development.

AECOM (NYSE: ACM), the global infrastructure leader, has scheduled its second quarter fiscal 2025 earnings announcement for May 5, 2025, after U.S. market hours. The company will hold a conference call and webcast with analysts and investors on May 6, 2025, at 8 a.m. Eastern Time / 7 a.m. Central Time.

During the call, management will discuss financial results, outlook, strategic achievements, and market trends. Investors can access the webcast at investors.aecom.com, where presentation slides and press release will be available. For direct dial-in, U.S. participants can call 800-599-5188, while international callers should use 646-307-1591 with passcode 7295287.

AECOM (NYSE: ACM) has been selected as a Design Development Partner for Sydney Water, Australia's largest water utility, to support the delivery of a major capital investment program over the next decade. The program aims to enhance climate resilience, support Sydney's growth, and upgrade aging infrastructure.

As Design Development Partner, AECOM will provide engineering design services to develop preferred options and concept designs across various asset classes, including pipes, pumps, reservoirs, treatment plants, and facilities. The program aligns with the New South Wales Government's vision for Greater Sydney through 2050.

Sydney Water serves 5.3 million customers across Greater Sydney, including the Blue Mountains and Illawarra. AECOM has previously collaborated with Sydney Water on key projects, including the Sydney Desalination Plant, Rouse Hill water recycling plant upgrades, and the Western Sydney Regional Master Plan.