AECOM to provide critical environmental services under Comprehensive Long-Term Environmental Action Navy (CLEAN) Contract for the Pacific region

February 15, 2023 at 06:55 AM EST

The Company is proud to now serve the Naval Facilities Engineering Systems Command (NAVFAC) in both the Atlantic and Pacific regions to address key environmental and restoration challenges

AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced that it has successfully been awarded a single-award, indefinite-delivery, indefinite-quantity (IDIQ) contract by the Naval Facilities Engineering Systems Command (NAVFAC) Pacific to deliver architecture and engineering services for the Comprehensive Long-Term Environmental Action Navy (CLEAN) Program. Under this contract with a $239 million ceiling, AECOM will perform environmental studies, investigations, and designs that address pressing environmental challenges.

"With a rich history of partnerships with NAVFAC and a team of dedicated environmental experts guided by our Sustainable Legacies strategy, we are poised to deliver outstanding results on the CLEAN program in the Pacific Region," said Lara Poloni, AECOM's president. "Our deep regional expertise, combined with a proven track-record of innovation and successful project delivery, positions us as the go-to partner for delivering world-class environmental strategies for government clients."

Driven by the Company’s Honolulu-based team, AECOM will provide program management and technical environmental services that address critical issues, such as per- and polyfluoroalkyl substances (PFAS) and other emerging contaminants, vapor intrusion, water quality, sediments, munitions and radiological assessment, petroleum, polychlorinated biphenyls, and hazardous substances. To be performed throughout the Pacific Region and, if tasked by the Government, anywhere in the world, this work will support compliance with environmental restoration programs such as the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) and the Resource Conservation and Recovery Act (RCRA).

“We’re pleased to build on more than a decade of collaboration with NAVFAC to help realize this major program that promises to innovate new approaches to solving some of the greatest environmental restoration challenges of our time,” said Frank Sweet, chief executive of AECOM’s global Environment business. “This win demonstrates our focus on global collaboration to bring our best professionals to our projects and on allocating our time and capital on the best client relationships with the greatest growth potential.”

AECOM’s scope includes assessments, studies, investigations, and remedial designs; community relations plans; human health and ecological risk assessments; feasibility, pilot, and corrective measures studies; interim response and removal actions; geographical information system development and management; and emergency response actions.

About AECOM

AECOM (NYSE: ACM) is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.1 billion in fiscal year 2022. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

Forward-Looking Statements

All statements in this communication other than statements of historical fact are “forward-looking statements” for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs; currency exchange rate and interest fluctuations; retaining and recruiting key technical and management personnel; legal claims; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; AECOM Capital real estate development projects; managing pension cost; cybersecurity issues, IT outages and data privacy; risks associated with the expected benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas construction businesses, including the risk that any contingent purchase price adjustments from those transactions could be unfavorable and result in lower aggregate cash proceeds and any future proceeds owed to us under those transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.

View source version on businesswire.com: https://www.businesswire.com/news/home/20230215005153/en/

Contacts

Media Contact:

Brendan Ranson-Walsh

Senior Vice President, Global Communications

1.213.996.2367

Brendan.Ranson-Walsh@aecom.com

Investor Contact:

Will Gabrielski

Senior Vice President, Finance, Treasurer

1.213.593.8208

William.Gabrielski@aecom.com

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AECOM to provide critical environmental services under Comprehensive Long-Term Environmental Action Navy (CLEAN) Contract for the Pacific region

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