LOS ANGELES, Jul 29, 2010 (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 Resources
Sciences Arabia Limited, a joint venture in which it participates with
Xenel, has been awarded a program management contract in Saudi Arabia.
The two-year contract, which will be worth approximately US$16 million,
was awarded by the country's Prince of Jazan Province, HE Prince
Mohammed. Under the contract, AECOM will provide program management
services for a new housing development in Jazan.
The development, which has an estimated construction value of US$1.6
billion, includes the creation of five new villages, totaling 6,000
housing units, and related infrastructure. The development will provide
free housing for citizens displaced from their homes along the Yemen
border by a military conflict during late 2009.
"We are proud to be involved in such a vital program that reflects our
commitment to enhancing and sustaining the world's built, natural and
social environments," said John M. Dionisio, AECOM president and chief
AECOM (NYSE: ACM) 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 46,000 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. A Fortune 500 company, AECOM
serves clients in more than 100 countries and had revenue of $6.3
billion during the 12-month period ended March 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 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, 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
Paul Gennaro, 212-973-3167
SVP & Chief Communications Officer