LOS ANGELES--(BUSINESS WIRE)--AECOM (NYSE:ACM) announced today that the U.S. Department of Energy’s (DOE’s) Savannah River Operations Office in Aiken, S.C., has extended the current liquid-waste-management contract with AECOM-led Savannah River Remediation LLC for an additional two years.
This $797-million extension will run from July 1, 2015, to June 30, 2017.
“We are pleased to have been awarded this extension,” said Randy Wotring, president of AECOM’s Management Services Group. “AECOM and our heritage companies have a long history of supporting the DOE’s environmental management program and have extensive experience in liquid waste deposition, which includes the vitrification of high-level radioactive waste and the closure of waste tanks.
“We are committed to safely processing the Savannah River Site’s high-level radioactive liquid waste and reducing this environmental risk in South Carolina.”
AECOM is a premier, fully integrated professional and technical services firm positioned to design, build, finance and operate infrastructure assets around the world for public- and private-sector clients. With nearly 100,000 employees — including architects, engineers, designers, planners, scientists and management and construction services professionals — serving clients in over 150 countries around the world, AECOM is ranked as the #1 engineering design firm by revenue in Engineering News-Record magazine’s annual industry rankings, and has been recognized by Fortune magazine as a World’s Most Admired Company. The firm is a leader in all of the key markets that it serves, including transportation, facilities, environmental, energy, oil and gas, water, high-rise buildings and government. AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering customized and creative solutions that meet the needs of clients’ projects. A Fortune 500 firm, AECOM companies, including URS Corporation and Hunt Construction Group, had revenue of approximately $19 billion during the 12 months ended Dec. 31, 2014. 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 statements relating to the future term, value and performance of the liquid-waste-management contract as well as future economic and industry conditions. 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, 2014, 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 statements.