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|AECOM joint venture wins contract worth up to US$1.66 billion to support U.S. Department of Justice's Asset Forfeiture Program|
LOS ANGELES, Mar 21, 2011 (BUSINESS WIRE) --
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 Forfeiture Support Associates (FSA), LLC, a joint venture with L-3 MPRI, has been awarded a contract to provide professional, financial and legal support to the Department of Justice's (DOJ) Asset Forfeiture Program.
Valid through March 2018, the contract encompasses 36 labor categories ranging in specialization from clerical to financial analysis and litigation support. The indefinite delivery/indefinite quantity (IDIQ) award has a ceiling value of US$1.66 billion, if all options are exercised.
The joint venture employs more than 1,600 professionals at more than 500 federal law enforcement agency sites and in 92 United States Attorneys' Offices, supporting all of the participant agencies in the Asset Forfeiture Program. FSA has maintained a contract with the DOJ Asset Forfeiture Program since 2004, and this latest competitive contract win extends FSA's incumbency on the program.
"We are excited to play a continuing role in enhancing the operations of the Asset Forfeiture Program as we further our relationship with the Department of Justice," said John M. Dionisio, AECOM president and chief executive officer.
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 $7.0 billion during the 12 months ended Dec. 31, 2010. 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, 2010, 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.
SOURCE: AECOM Technology Corporation
AECOM Technology Corporation