Bethesda, Maryland-based infrastructure investment firm Oroco Capital has completed its acquisition of the civil construction business from AECOM (NYSE: ACM) nearly one month after the latter company first announced the transaction.

THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards Boeing Conducts Taxi Test on AI-Powered Unmanned Aircraft Prototype An unmanned aircraft prototype Boeing developed with the Australia’s air force has undergone a low-speed taxi process as part of tests and preparations for a maiden flight slated for later this year. …

THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards AECOM Closes Sale of Power Construction Business to CriticalPoint Capital; Troy Rudd Quoted AECOM has sold its Power construction business to affiliates of CriticalPoint Capital, AECOM reported on Friday. The sale will add to AECOM’s business transformation strategy to become a higher-margin, lower-risk Professional …

THIS WEEK’S TOP 10 MOST POPULAR STORIES View Weekly Contract Awards AECOM Merges Design, Consulting Businesses into Global Organization; Names Lara Poloni as Lead AECOM has integrated its Design and Consulting Services (DCS) businesses into one global organization as part of the company’s phased strategy. The new unit will be led by Lara Poloni, AECOM’s …

THIS WEEK’S TOP 10 MOST POPULAR STORIES AECOM Names New Executives to Leadership Team; Troy Rudd Quoted AECOM has appointed Gaurav Kapoor, current chief accounting officer of the company, as chief financial officer, Douglas Stotlar as independent chairman of the Board of Directors and Troy Rudd as director of the …

A joint venture that includes AECOM (NYSE: ACM) has won a potential five-year, $95M contract to architect and engineer general type facilities within Naval Facilities and Engineering Command's Europe Africa Central area of operations and other locations across the globe.

A joint venture comprised of AECOM (NYSE: ACM), Baker and Cardno has won a potential five-year, $95M contract from Naval Facilities Engineering Command Atlantic to help plan multiple projects on the East Coast and international locations.

Shimmick Construction, a subsidiary of AECOM (NYSE: ACM), has been awarded a $116.4M contract modification to help the U.S. Army restore the LaGrange Lock and Dam system in Versailles, Ill.

AECOM (NYSE: ACM) has appointed Jannet Walker-Ford senior vice president of transportation strategy, growth and key accounts for the Design and Consulting Services Americas business, the company announced on Thursday.

AECOM (NYSE: ACM) has appointed Karl Jensen, a business development and strategy professional in the GovCon sector, as executive vice president of the national governments practice in the Americas.