StockNews.AI
ACM
StockNews.AI
84 days

AECOM awarded a more than $80 million environmental remediation contract for Vandenberg Space Force Base in California

1. AECOM awarded a $81.3 million contract by the USACE for environmental remediation. 2. The contract duration is 10 years, reflecting AECOM's strong market position.

Mass Contract
+1.02%Current Return
VS
+1.84%S&P 500
$107.605/27 07:02 AM EDTEvent Start
$108.705/28 01:35 PM EDTLatest Updated
2m saved
Insight
Article

FAQ

Why Bullish?

This significant contract enhances AECOM’s revenue stability and growth potential. Historical trends show similar contracts positively influenced ACM's stock performance.

How important is it?

The award boosts AECOM's visibility and financials, likely impacting share price positively.

Why Long Term?

The long duration of the contract ensures steady revenue over the next decade, supporting ACM's growth.

Related Companies

FLRKBRTTEK
DALLAS--(BUSINESS WIRE)--AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced that it has been awarded an Optimized Remediation Contract (ORC) by the U.S. Army Corps of Engineers (USACE) Los Angeles District to provide environmental remediation services at Vandenberg Space Force Base on California's Central Coast. The 10-year, $81.3-million single award is one of the largest optimized remediation contracts awarded by the USACE Los Angeles District, reinforcing AECOM's po.

Related News