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Paul Strasser, who has served as president of Brillient over the past year, took the helm of the Reston, Va.-based government services provider as CEO. He succeeds Sukumar Iyer, who aims to continue driving growth initiatives of the company as its executive chairman...

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 accelerat...

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, surveillanceÂ...

AECOM (NYSE: ACM) has been awarded a one-year, $101M contract modification for logistics support to the Army Prepositioned Stocks-5 program. The company's management services business will continue helping the service brand manage the supply and transportation of APS-5 equipment for soldiers in Camp Arifjan, Kuwait and Doha, Qatar, the Dep...

AECOM has entered into a definitive agreement to sell its management services business to affiliates of American Securities and Lindsay Goldberg for $2.4 billion, the company announced on Monday. The transaction has been unanimously approved by the company™s board of directors and is subject to customary closing conditions and regulatory approv...