AECOM wins USAID-funded contract for irrigation and watershed-management program in Afghanistan
LOS ANGELES--(BUSINESS WIRE)-- AECOM Technology Corporation (NYS: ACM) , a leading provider of professional technical and management support services for public and private clients in more than 130 countries around the world, announced today that it has been awarded a five-year, US$44-million contract by Perini Management Services Inc. as part of a United States Agency for International Development (USAID) irrigation and watershed management program in Afghanistan.
Under the task order, AECOM's work will include capacity-building and institutional strengthening services in the agricultural, irrigation and livestock management sectors, coupled with civil engineering support.
"We look forward to assisting USAID in its community, agriculture and infrastructure improvement efforts in Afghanistan," said AECOM Chairman and Chief Executive Officer John M. Dionisio.
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 $8.2 billion during the 12 months ended Sept. 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, free cash flow, profit margins and statements of plans for future operations and growth, including with respect to our share repurchase program.AECOM believes that non-GAAP financial measures such as EBITDA and free cash flow also provide a meaningful perspective on its business results as the company utilizes this information to evaluate and manage the business.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, 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.
AECOM Technology Corporation
Paul Dickard, 646-432-8473
VP, External Communications
KEYWORDS: United States Asia Pacific North America Canada California Afghanistan
The article AECOM wins USAID-funded contract for irrigation and watershed-management program in Afghanistan originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.