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Weekly Roundup: Leidos Secures $649M Task Order; Todd Probert Joins CACI; AECOM Names New Execs; KBR Announces Two-Segment Business Model & Weekly Top Ten Stories

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 …

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Private Equity Firms Close $2.4B Purchase of AECOM’s Management Services Arm; Michael Burke Quoted

Affiliates of private equity firms Lindsay Goldberg and American Securities have completed the acquisition of AECOM’s (NYSE: ACM) management services business for $2.4B. “We are pleased to complete this value-enhancing transaction, which further hones our focus on our Professional Services business and we expect will enable us to accelerate debt reduction and share repurchases,” Michael Burke, chairman and CEO of AECOM, said in a statement published Monday.

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AECOM Gets $192M Army Tactical Network Logistics Support Order; John Vollmer Quoted

AECOM (NYSE: ACM) has received a potential five-year, $192M task order to support the delivery of a unified tactical network for a U.S. Army component operating at the Aberdeen Proving Ground facility in Maryland. “We are proud to expand our support of critical command, control, communications, computers, cyber, intelligence, surveillance and reconnaissance systems for our nation’s defense,” said John Vollmer, president of AECOM's management services group and a 2019 Wash100 winner.

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