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TheStreet Open House

AECOM Joins Alliance With Contract To Deliver Western Australia’s Largest Road Project

Stocks in this article: ACM

AECOM Technology Corporation (NYSE:ACM), a leading provider of professional technical and management support services for public and private clients in more than 140 countries around the world, announced today that an AECOM Australian subsidiary is part of a consortium that has been awarded a contract to improve access to Perth Airport, one of Australia’s fastest-growing airports.

AECOM’s Australia subsidiary is part of a consortium of companies that have formed an alliance with Main Roads Western Australia to deliver the state’s largest road project, the Gateway WA, which has a construction value of US$1.05 billion. AECOM’s contribution is expected to generate revenue in excess of US$10 million. The alliance includes design partners GHD and BG&E, and construction partners Leighton Contractors and Georgiou Group.

As design partner, AECOM will draw on national and international experience to provide engineering design, geotechnical investigations and environment approvals.

“We are eager to partner with Main Roads Western Australia on this key transportation infrastructure project,” said John M. Dionisio, AECOM chairman and chief executive officer. “We look forward to helping improve airport access for Western Australia residents, business travelers and visitors, and to enabling better management of the increasing traffic around and through the airport.”

The project will upgrade the Tonkin and Leach highways, and will include the construction of five new interchanges to create landmark road infrastructure around Perth Airport as well as surrounding industrial and freight hubs.

Construction on the project is scheduled to begin later this year and is expected to be completed by 2017, ahead of the planned consolidation of Perth Airport’s domestic and international terminals during 2018.

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 140 countries and had revenue of $8.2 billion during the 12 months ended Dec. 31, 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 Dec. 31, 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.

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