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|AECOM awarded U.S. Air Force Contract Field Teams task order worth up to US$15 million|
LOS ANGELES, Jun 06, 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 it has won a task order contract from the U.S. Air Force for Contract Field Teams (CFT) worth up to US$15 million, if the option year is exercised.
The CFT task order was awarded under AECOM's indefinite delivery/indefinite quantity (IDIQ) contract with the U.S. Air Force to support the U.S. Department of Defense and the U.S. Department of Homeland Security. Under this task order, AECOM will provide component repair, cleaning, packaging, shipping and A-10 wing refurbishment support for a previously awarded task order for the 309th Aerospace Maintenance and Regeneration Group, 576 Aerospace Maintenance and Regeneration Squadron, and Davis-Monthan Air Force Base (DMAFB) in Arizona.
Additionally, AECOM will be performing parts reclamation on multiple types of legacy aircraft stored at the DMAFB facility.
The task order's performance period is one base year and one option year. Approximately 100 AECOM employees will be added to support this effort at DMAFB's desert storage facility.
CFT task orders awarded to AECOM under its IDIQ contract to date total approximately US$330 million, and include assignments in Arizona, California, Florida, Georgia, Guam, North Carolina, Oklahoma, Texas and Utah. The CFT program, which has a maximum value of US$10.12 billion over a seven-year period through 2015, provides major and minor inspections, maintenance, modifications and repairs of aircraft and ground vehicles at government locations around the world.
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 $7.3 billion during the 12 months ended March 31, 2011. 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 March 31, 2011, 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