Key Developments: AECOM Technology Corp (ACM)
30.93USD
22 May 2013
$-1.08 (-3.37%)
$32.01
$32.15
$32.24
$30.77
760,894
812,354
$33.09
$14.50
Latest Key Developments (Source: Significant Developments)
AECOM Technology Corp Secures USD94.6 Million Program Management Contract
AECOM Technology Corp announced that it has been awarded a USD94.6-million program management contract for the final phase of the Los Angeles Community College District`s (LACCD) building program. The LACCD`s building program is a 14-year, USD6-billion program that is modernizing and renovating the district`s nine colleges and related facilities for students, faculty and staff, funded primarily through taxpayer-approved bonds with supplemental funding from the state of California. As program manager, AECOM will manage funds to achieve the goals of first-rate results and maximum value for taxpayers. The final phase will follow a more centralized structure following the LACCD`s recent reforms, including strict oversight and a transparent process for completing the building project, resulting in the remaining USSD2.7-billion in funds being spent efficiently and effectively. The building program`s final phase is expected to be completed within five years. Full Article
AECOM Technology Corp Reaffirms FY 2013 EPS Guidance
AECOM Technology Corp announced that fiscal 2013 earnings per share guidance range of $2.40 to $2.50. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.50 for fiscal 2013. Full Article
AECOM Technology Corp's Consortium USD85-Million Contract For New Princess Grace Hospital In Monaco
AECOM Technology Corp announced that an AECOM-led consortium was awarded a USD85-million contract for the new Princess Grace hospital in Monaco. AECOM's fees for the project are expected to be approximately USD18 million. AECOM will act as consortium lead and program manager for the approximately 968,750-square-foot, 400-room hospital. The consortium was selected after being one of three groups invited to participate in a design competition for the new hospital. Design work for the new hospital is expected to begin in July and last for two years, followed by a 10-year construction period reflecting the highly constrained site and the need to minimize impact on the existing hospital. Full Article
AECOM Technology Corp Receives Contracts Worth Up To USD37.5 Million By Pennsylvania Department Of Transportation
AECOM Technology Corp announced that it was awarded several contracts with a total potential value of up to USD37.5 million by the Pennsylvania Department of Transportation (PennDOT) to provide design solutions for repairing corridors and upgrading infrastructure on several Pennsylvania interstates. Full Article
AECOM Technology Corp Revises FY 2013 EPS Guidance To A Range Below Analysts' Estimates-Conference Call
AECOM Technology Corp announced that fiscal 2013 earnings per share guidance range of $2.40 to $2.50. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.52 for fiscal 2013. Full Article
AECOM Technology Corp's Joint Venture Receives Contract Worth Up To USD500 Million By Transport For London
AECOM Technology Corp announced that a joint venture in which it participates was awarded an eight-year highways contract worth up to USD500 million by Transport for London to provide design and engineering services. Full Article
AECOM Technology Corp Secures Renewable Contract
AECOM Technology Corp announced that it has been awarded a USD15.6-million first-year contract for the Western Corridor Gas Infrastructure Development Project (WCGIDP) by the Ghana National Gas Company. The contract is renewable annually. AECOM will provide full program management services, including consultancy and construction supervision as well as technical training and professional capacity building, during the entire development of the project. Full Article
AECOM Technology Corp Sees FY 2013 EPS At High End Of Prior Range
AECOM Technology Corp announced the fiscal 2013 target EPS range is $2.40 to $2.50, and the Company now has increased confidence in the high end of the range. The impact of a lower full-year diluted share count and effective tax rate gives the Company increased confidence in the high end of the range. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $2.45 for fiscal 2013. Full Article
AECOM Technology Corp Secures Architecture-Engineering Contract From U.S. Naval Facilities Engineering Command Southwest
AECOM Technology Corp announced that it was awarded a USD15-million firm-fixed-price, indefinite-delivery/indefinite-quantity (IDIQ) contract by the U.S. Naval Facilities Engineering Command (NAVFAC) Southwest to provide architect and engineering services. AECOM will provide architect and engineering services for plans, studies, project planning documents, geo-spatial information and global positioning system services. Work may take place at various locations under the cognizance of NAVFAC Southwest, including Arizona, California, Colorado, Nevada, New Mexico and Utah. The contract term is for a one-year base period with two option periods. Full Article
AECOM Technology Corp Secures Contract From United States Agency For International Development
AECOM Technology Corp announced that it is one of seven companies awarded an indefinite delivery/indefinite quantity (IDIQ) contract worth up to a total of USD350 million by the United States Agency for International Development (USAID) to provide clean energy technical assistance. Under the five-year contract, AECOM may provide technical energy services such as developing activities and strategy designs; creating enabling environments for clean energy development and energy-sector reform; incorporating climate change into USAID mission programs; increasing human resource capacity relating to energy services; fostering private-sector participation and investment; facilitating financing approaches; assessing the environmental implications of energy services; and improving disaster preparations, responses and recovery in the energy sector. The contract covers non-critical priority countries as designated by USAID. Full Article
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