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AECOM awarded two U.S. Army Corps of Engineers contracts for architecture and engineering services across Europe

1. AECOM won contracts from USACE for projects in Europe, valued over $490 million.

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FAQ

Why Very Bullish?

Securing large contracts from USACE is likely to enhance ACM's revenue and market position. Historical precedent shows similar contracts often lead to positive stock performance.

How important is it?

The substantial contract represents a significant growth opportunity for ACM, primarily in overseas markets.

Why Long Term?

These contracts will contribute to revenue over several years, ensuring sustained growth and stability for ACM.

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USACECMSKBRFLR
DALLAS--(BUSINESS WIRE)--AECOM (NYSE:ACM), the trusted global infrastructure leader, today announced it has been selected by the U.S. Army Corps of Engineers (USACE) Europe District to deliver architecture and engineering (A/E) services under two new indefinite delivery, indefinite quantity (IDIQ) contracts. The contracts will support projects throughout Germany, Poland, the Benelux region, Czech Republic, Norway, and Denmark, and have a combined program ceiling of more than $490 million, encom.

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