AECOM announces $63.6 million contract with U.S. Department of Defense

    Maintenance support services contract represents option exercised on
$254.3 million agreement to support U.S. Army

    LOS ANGELES, December 5 /CNW/ - 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 has been awarded a $63.6 million contract by the U.S. Department of Defense
(U.S. DOD) for maintenance support services in Iraq.

    This award represents the first option exercised by the U.S. Army on a
cost-plus-fixed-fee and cost-reimbursable contract with a potential value of
up to $254.3 million for maintenance support services at various locations in
Iraq. Under the terms of the original contract, which was announced in June,
there is a base period and three renewable options. The two remaining renewal
options are expected to be decided in June and December of 2008, respectively.

    About AECOM

    AECOM (NYSE:   ACM) is a global provider of professional technical and
management support services to a broad range of markets, including
transportation, facilities, environmental and energy. With more than 32,000
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 enhance and sustain the
world's built, natural and social environments. AECOM serves clients in more
than 60 countries and had revenue of $4.2 billion during fiscal year 2007.
More information on AECOM and its services can be found at

    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 or other financial items; any statements of the plans, strategies and
objectives for future operations; and any statements regarding future economic
conditions or performance. Although we believe that the expectations reflected
in our forward-looking statements are reasonable, actual results could differ
materially from those projected or assumed in any of our forward-looking
statements. Important factors that could cause our actual results, performance
and achievements, or industry results to differ materially from estimates or
projections contained in forward-looking statements include: uncertainties
related to funding, audits, modifications and termination of long-term
government contracts; losses under fixed-price contracts; limited control over
operations run through our joint venture entities; misconduct by our employees
or consultants or our failure to comply with laws or regulations; failure to
successfully execute our merger and acquisition strategy; the need to retain
and recruit key technical and management personnel; and unexpected adjustments
and cancellations related to our backlog. Additional factors that could cause
actual results to differ materially from our forward-looking statements are
set forth in our reports filed with the Securities and Exchange Commission. We
do not intend, and undertake no obligation, to update any forward-looking

    NR 07-1201

For further information:

For further information: AECOM Technology Corporation Paul Gennaro,
212-973-3167 SVP & Chief Communications Officer

Organization Profile

AECOM Technology Corp.

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890