GERMANTOWN, Md.--(BUSINESS WIRE)--AECOM (NYSE:ACM), a premier, fully integrated global infrastructure firm, has been awarded a Multiple Award, Indefinite Delivery Indefinite Quantity contract by the U.S. Department of State for Diplomatic Platform Support Services. The contract ceiling is $6 billion over a five-year period and provides an opportunity for AECOM to expand its proven global logistical and operations and maintenance capabilities.
“This is a significant program of work with the Department of State and expands our market share in providing logistical and mission support for many branches of the U.S. Government,” said John Vollmer, AECOM's president of its Management Services group. “We have made significant investments in asset management solutions which are paying dividends in our growth in this market.”
The contract requires Program Management, Procurement of Critical Items, Life Support Services, Logistics Services, Operation and Maintenance Services, and Construction and Renovation Projects for U.S. Department of State facilities, and other U.S. Government facilities overseas, with a focus on high-threat contingency environments.
“We look forward to the opportunity to deliver these key services to the Department of State, partnering with them to provide world-class support for the conduct of U.S. foreign policy,” said Dr. Karl Spinnenweber, AECOM's executive vice president and general manager of its Mission Readiness business.
For over 100 years, AECOM and its legacy companies have worked with governments around the world, providing cost-effective and innovative solutions to help them achieve mission success. AECOM leverages its global defense, civilian and commercial expertise to deliver services across the entire life cycle for clients' most challenging projects – from concept design, development, construction, acquisition, management and operation to testing, training, sustainment and supply chain management.
AECOM is built to deliver a better world. We design, build, finance and operate critical infrastructure assets for governments, businesses and organizations. As a fully integrated firm, we connect knowledge and experience across our global network of experts to help clients solve their most complex challenges. From high-performance buildings and infrastructure, to resilient communities and environments, to stable and secure nations, our work is transformative, differentiated and vital. A Fortune 500 firm, AECOM had revenue of approximately $20.2 billion during fiscal year 2018. See how we deliver what others can only imagine at aecom.com and @AECOM.
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 the future term, price, performance and financial impact of the Department of State support service agreement as well as other future business and economic conditions. Actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important risk factors that could cause actual results to differ materially from our forward-looking statements are set forth in AECOM's periodic report on Form 10-Q for the quarter ended March 31, 2019, and other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statements.