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 it was awarded the US$85-million construction management contract for the new Midfield Terminal Complex at Abu Dhabi International Airport.
AECOM will carry out the work in association with Hill International as the prime sub-consultant.
“We are very pleased to have been selected by Abu Dhabi Airports Company to participate in this prestigious project, which is a significant investment in the Emirate’s growth and its position as the capital of the United Arab Emirates,” said AECOM Chairman and Chief Executive Officer John M. Dionisio. “With a global network of expertise in the aviation and construction sectors, AECOM is perfectly placed to serve our client’s needs.”
Under the five-year contract, which commences immediately, AECOM will take responsibility for many aspects of the construction of the Midfield Terminal Building, which will be a 7.5-million-square-foot terminal building as well as the required associated airside and landside infrastructure. The terminal building is scheduled to open during 2017. Passenger facilities will also include more than 296,000 square feet of airline hospitality lounges, a transit hotel and a heritage and culture museum. The terminal will be able to handle more than 30 million passengers and will have sufficient piers to accommodate 65 aircraft, including the Airbus A380.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 more than 130 countries and had revenue of $8.3 billion during the 12 months ended June 30, 2012. 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 quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2012, 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 12-0802
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV