AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that the U.S. Agency for International Development (USAID) awarded the company a contract to implement the Afghanistan Stability in Key Areas (SIKA)-East program worth up to US$177 million.
SIKA-East is a stabilization-focused community development program that supports USAID’s objective of increasing the people of Afghanistan’s confidence in their district-level governments, leading to the expansion of the Government of the Islamic Republic of Afghanistan’s (GIRoA) provincial authority and legitimacy.
Under the contract, AECOM will assist provincial and district entities in developing tools and participatory processes to understand and respond to sources of instability in their communities. The team will work closely with USAID to help build the capacity of district officials to leverage existing government, donor and military resources to aid in the design, implementation and monitoring of local programs and small-scale infrastructure projects that address both citizen concerns and root causes of instability.
The contract has an 18-month period of performance with an additional 18-month option period. The project will focus on key districts prioritized by the U.S. and Afghanistan governments.This win builds on AECOM’s Afghanistan Social Outreach Program, which set up more than 130 district councils across the country. About AECOM AECOM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in approximately 125 countries and had revenue of $8.0 billion during its fiscal year 2011. More information on AECOM and its services can be found at www.aecom.com. Forward-Looking Statements: All statements in this press release other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any projections of earnings, statements of plans for future operations or expected revenue. Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our annual report on Form 10-K for the fiscal year ended Sept. 30, 2011, and our other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statement. NR 11-1207
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