Latest news with #LaraPoloni
National Post
04-06-2025
- Business
- National Post
AECOM awarded global U.S. Air Force contract to support environmental programs
Article content DALLAS — AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced it has been selected by the U.S. Air Force Civil Engineer Center (AFCEC) to deliver global architecture and engineering services through a multiple award task order contract (MATOC) under an indefinite delivery, indefinite quantity framework. The contract supports a wide range of environmental initiatives, including restoration, conservation, planning, and environmental quality for the U.S. Air Force and other federal agencies. Article content 'Our team is honored to support the Air Force's mission with innovative, sustainable solutions that address complex environmental challenges around the world,' said Lara Poloni, AECOM's president. 'This contract reflects the trust our federal partners place in AECOM's technical excellence and ability to deliver. It strengthens our role in helping protect natural resources while supporting operational readiness across global installations.' Article content Under this MATOC, AECOM will provide comprehensive environmental services to the U.S. Air Force, Air Force Materiel Command, Air Force Installation and Mission Support Center, AFCEC, and various Department of Defense and federal stakeholders. Services will span the full project lifecycle—from planning, assessment and investigation to construction-phase design and long-term operations and management support. Article content 'AECOM is proud to continue supporting the U.S. Air Force with our industry-leading, integrated environmental and engineering expertise that aligns with national security and sustainability goals,' said Frank Sweet, chief executive of AECOM's global Environment business. 'This contract exemplifies the rising demand for resilient, future-ready infrastructure that addresses both national security imperatives and environmental sustainability.' Article content The contract ceiling is $1.5 billion, with services to be delivered over a five-year base period and a five-year option period. Article content About AECOM Article content AECOM (NYSE: ACM) is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients' complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2024. Learn more at Article content Forward Looking Statements Article content 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, capital allocation strategy including stock repurchases, 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; potential government shutdowns, changes in administration or other funding directives and circumstances that may cause governmental agencies to modify, curtail or terminate our contracts; losses under fixed-price contracts; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; changes in government laws, regulations and policies, including 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 and trade policies, geopolitical events, and conflicts; inflation, currency exchange rates and interest rate fluctuations; changes in capital markets and stock market volatility; retaining and recruiting key technical and management personnel; legal claims and litigation; 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; managing pension costs; AECOM Capital real estate development projects; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and result in any future proceeds owed to us as part of the 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. Article content Article content Article content Media Contact: Article content Article content Brendan Ranson-Walsh Article content 213.996.2367 Article content Article content Article content
Business Wire
04-06-2025
- Business
- Business Wire
AECOM awarded global U.S. Air Force contract to support environmental programs
DALLAS--(BUSINESS WIRE)--AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced it has been selected by the U.S. Air Force Civil Engineer Center (AFCEC) to deliver global architecture and engineering services through a multiple award task order contract (MATOC) under an indefinite delivery, indefinite quantity framework. The contract supports a wide range of environmental initiatives, including restoration, conservation, planning, and environmental quality for the U.S. Air Force and other federal agencies. 'Our team is honored to support the Air Force's mission with innovative, sustainable solutions that address complex environmental challenges around the world,' said Lara Poloni, AECOM's president. 'This contract reflects the trust our federal partners place in AECOM's technical excellence and ability to deliver. It strengthens our role in helping protect natural resources while supporting operational readiness across global installations.' Under this MATOC, AECOM will provide comprehensive environmental services to the U.S. Air Force, Air Force Materiel Command, Air Force Installation and Mission Support Center, AFCEC, and various Department of Defense and federal stakeholders. Services will span the full project lifecycle—from planning, assessment and investigation to construction-phase design and long-term operations and management support. 'AECOM is proud to continue supporting the U.S. Air Force with our industry-leading, integrated environmental and engineering expertise that aligns with national security and sustainability goals,' said Frank Sweet, chief executive of AECOM's global Environment business. 'This contract exemplifies the rising demand for resilient, future-ready infrastructure that addresses both national security imperatives and environmental sustainability.' The contract ceiling is $1.5 billion, with services to be delivered over a five-year base period and a five-year option period. About AECOM AECOM (NYSE: ACM) is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients' complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2024. Learn more at 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, capital allocation strategy including stock repurchases, 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; potential government shutdowns, changes in administration or other funding directives and circumstances that may cause governmental agencies to modify, curtail or terminate our contracts; losses under fixed-price contracts; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; changes in government laws, regulations and policies, including 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 and trade policies, geopolitical events, and conflicts; inflation, currency exchange rates and interest rate fluctuations; changes in capital markets and stock market volatility; retaining and recruiting key technical and management personnel; legal claims and litigation; 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; managing pension costs; AECOM Capital real estate development projects; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and result in any future proceeds owed to us as part of the 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.
ME Construction
20-05-2025
- Business
- ME Construction
AECOM extends collaboration with Saudi Arabia's Ministry of Sports for site supervision services at the King Fahd Sport City
Infrastructure AECOM extends collaboration with Saudi Arabia's Ministry of Sports for site supervision services at the King Fahd Sport City By AECOM Hunt will serve as a key consulting partner in the stadium's transformation and brings extensive expertise managing the construction of sports and entertainment venues with over 125 stadium projects in their portfolio, AECOM Hunt will provide unique insights to support a successful delivery of this landmark stadium AECOM has extended its collaboration with the Kingdom of Saudi Arabia's Ministry of Sports for specialised site supervision consultancy services at the King Fahd Sport City in Riyadh. The partnership is particularly timely as Saudi Arabia is to host two of the world's major sporting events, the AFC Asian Cup 2027 and the 2034 FIFA World Cup. AECOM's involvement will encompass the transformation of the stadium into a venue, ensuring the standards for both domestic and international audiences. Lara Poloni, AECOM's President said, 'As Saudi Arabia accelerates towards the Kingdom's Vision 2030, we're proud to deepen our collaboration with the Ministry of Sport on this iconic project. Around the world, strategic investments in infrastructure are driving growth and resilience, and this transformation reflects how sport can be a powerful catalyst for creating opportunity and improving communities.' Known as the 'Pearl of Stadiums' this stadium has been an important component of Saudi Arabia's sports landscape since its inauguration in 1987. Leveraging its global expertise in sports infrastructure, AECOM will lead the enhancement process as per FIFA's standards, ensuring the stadium's readiness for international competitions. These upgrades will further solidify the venue's status as a premier sports center, aligning with the Kingdom's growing sports aspirations and the objectives of Kingdom's Vision 2030, the statement explained. 'Our collaboration with the Ministry of Sport highlights AECOM's commitment to delivering world-class infrastructure,' said Hamed Zaghw, Chief Executive of AECOM's Middle East and Africa region. 'By leveraging our expertise from major international events like the 2022 Qatar World Cup, the 2012 global sporting event in London and 2010 FIFA World Cup South Africa, combined with AECOM Hunt's construction management experience on some of the world's most renowned sports facilities, we are proud to contribute to transforming the King Fahd Sports City into a global benchmark.' AECOM Hunt will serve as a key consulting partner in the stadium's transformation and brings extensive expertise managing the construction of sports and entertainment venues across the United States, including the Intuit Dome, Lucas Oil Stadium, Mercedes Benz Stadium and SoFi Stadium. With over 125 stadium projects in their portfolio, AECOM Hunt will provide unique insights to support a successful delivery of this landmark stadium, the statement concluded.
Trade Arabia
19-05-2025
- Business
- Trade Arabia
AECOM to oversee transformation of iconic King Fahd stadium
AECOM, a leading global infrastructure leader, has announced its continued collaboration with the Saudi Ministry of Sport for site supervision consultancy services at the iconic King Fahad Sport City in Riyadh. This partnership comes as Saudi Arabia prepares to host two major international tournaments: the AFC Asian Cup 2027 and the 2034 FIFA World Cup. As per the deal, AECOM will oversee the transformation of the stadium into a premier venue. "As Saudi Arabia accelerates towards the Kingdom's Vision 2030, we're proud to deepen our collaboration with the Ministry of Sport on this iconic project," remarked AECOM's President Lara Poloni. "Around the world, strategic investments in infrastructure are driving growth and resilience, and this transformation reflects how sport can be a powerful catalyst for creating opportunity and improving communities," he stated. Known as the 'Pearl of Stadiums,' the stadium has been a cornerstone of Saudi Arabia's sports culture since its opening in 1987. Drawing from its extensive global experience in sports infrastructure, AECOM will guide the enhancement to meet FIFA's rigorous standards, ensuring the stadium's readiness for prestigious international events. These upgrades will further solidify its position as a premier sports venue, aligned with the Kingdom's growing sports ambitions and the broader goals of Kingdom's Vision 2030, which is harnessing sports to drive economic growth, enhance quality of life, and strengthen communities, it stated. Hamed Zaghw, chief executive of AECOM's Middle East and Africa region, said its collaboration with the Ministry of Sport highlights the group's commitment to delivering world-class infrastructure. "By leveraging our expertise from major international events like the 2022 Qatar World Cup, the 2012 global sporting event in London and 2010 FIFA World Cup South Africa, combined with AECOM Hunt's construction management experience on some of the world's most renowned sports facilities, we are proud to contribute to transforming the King Fahad Sports City into a global benchmark," he stated. AECOM Hunt will serve as a key consulting partner in the stadium's transformation and brings extensive expertise managing the construction of sports and entertainment venues across the United States, including the Intuit Dome, Lucas Oil Stadium, Mercedes Benz Stadium and SoFi Stadium, said the statement.
Zawya
19-05-2025
- Business
- Zawya
AECOM to oversee transformation of the iconic King Fahd International Stadium
In collaboration with the Saudi Ministry of Sport, this iconic project will further advance the Kingdom's sporting ambitions ahead of the AFC Asian Cup 2027 and 2034 FIFA World Cup DALLAS – AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced its continued collaboration with the Saudi Ministry of Sport for site supervision consultancy services at the iconic King Fahd Sport City in Riyadh. This partnership comes as Saudi Arabia prepares to host two major international tournaments: the AFC Asian Cup 2027 and the 2034 FIFA World Cup™. AECOM will oversee the transformation of the stadium into a premier venue. 'As Saudi Arabia accelerates towards the Kingdom's Vision 2030, we're proud to deepen our collaboration with the Ministry of Sport on this iconic project,' said Lara Poloni, AECOM's president. 'Around the world, strategic investments in infrastructure are driving growth and resilience, and this transformation reflects how sport can be a powerful catalyst for creating opportunity and improving communities.' Known as the 'Pearl of Stadiums,' the stadium has been a cornerstone of Saudi Arabia's sports culture since its opening in 1987. Drawing from its extensive global experience in sports infrastructure, AECOM will guide the enhancement to meet FIFA's rigorous standards, ensuring the stadium's readiness for prestigious international events. These upgrades will further solidify its position as a premier sports venue, aligned with the Kingdom's growing sports ambitions and the broader goals of Kingdom's Vision 2030, which is harnessing sports to drive economic growth, enhance quality of life, and strengthen communities. 'Our collaboration with the Ministry of Sport highlights AECOM's commitment to delivering world-class infrastructure,' said Hamed Zaghw, chief executive of AECOM's Middle East and Africa region. 'By leveraging our expertise from major international events like the 2022 Qatar World Cup™, the 2012 global sporting event in London and 2010 FIFA World Cup South Africa™, combined with AECOM Hunt's construction management experience on some of the world's most renowned sports facilities, we are proud to contribute to transforming the King Fahd Sports City into a global benchmark.' AECOM Hunt will serve as a key consulting partner in the stadium's transformation and brings extensive expertise managing the construction of sports and entertainment venues across the United States, including the Intuit Dome, Lucas Oil Stadium, Mercedes Benz Stadium and SoFi Stadium. With over 125 stadium projects in their portfolio, AECOM Hunt will provide unique insights to support a successful delivery of this landmark stadium. About AECOM AECOM (NYSE: ACM) is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients' complex challenges in water, environment, energy, transportation and buildings. Our teams' partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2024. Learn more at
