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Tag Archives: aecom

AECOM Closes $4B Buy of URS Corp. in Energy, Gov’t Services Market Push

AECOM Technology Corp. (NYSE: ACM) has closed its estimated $4 billion purchase of San Francisco-based engineering and construction services firm URS Corp. after shareholders at URS approved the transaction Thursday. Los Angeles-based AECOM announced the completion of the deal Friday and said it planned to pursue growth in the oil and …

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AECOM Issues Initial Election Results on URS Merger

URS Corp. (NYSE: URS) stockholders have completed the initial election phase for the form of merger consideration in relation to AECOM Technology‘s (NYSE: ACM) acquisition bid for URS. Holders of nearly 35.3 percent of outstanding URS shares have chosen to receive AECOM shares and will also receive cash for their URS shares,  AECOM said Thursday. Holders of …

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Report: Michael Burke Details Leadership Moves in AECOM-URS Combination

AECOM (NYSE: ACM) and URS Corp. (NYSE: URS) will have a restructured senior management setup after the completion of their $4 billion merger, Building.co.uk reported Wednesday. Vern Pitt writes that Michael Burke, AECOM president and CEO, has told employees that the integrated company will comprise of four operating groups and a business development organization that …

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AECOM Buys Hunt Construction Group; Michael Burke, Daniel McQuade Comment

AECOM Technology Corp. (NYSE:ACM) has moved to grow its construction services business with the acquisition of Hunt Construction Group for an undisclosed amount. Daniel McQuade, AECOM’s chief executive for construction services, said Tuesday the company that will integrate Hunt Construction’s sports, healthcare and aviation portfolios into AECOM’s construction services for …

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AECOM Signs $4B Deal to Buy URS Corp

Engineering design and infrastructure services firm AECOM has agreed to buy URS Corp. (NYSE: URS) for approximately $4 billion in cash and stock, or $56.31 per share, the companies said Sunday. AECOM will also assume URS’ debt and expects to close the acquisition in October, pending regulatory approvals and approval by …

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Gerry Decker Joins OMNIPLEX as Chief Growth Officer; Mike Santelli Comments

Gerry Decker, formerly a president at Project Team Solutions,  has joined OMNIPLEX World Services Corp. as chief growth officer, OMNIPLEX has confirmed to GovConWire. In his new role, Decker will be responsible for OMNIPLEX’s business development, strategy, marketing and corporate development functions as well as overseeing new service development, partnering and expansion efforts …

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AECOM Wins $209M to Manage Libya Housing Project; John Dionisio Comments

AECOM Technology Corp. (NYSE: ACM) has been awarded a potential 25-month, $209 million contract to serve as lead program manager and main adviser for a housing project in Libya. The company will work to manage the Housing and Infrastructure Board’s capital budget program and to advise the Ministry of Housing …

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Engility-AECOM JV Awarded $142M DOJ Asset Forfeiture Award; Tony Smeraglinolo Comments

A joint venture of Engility Holdings (NYSE: EGL) and AECOM Technology Corp. (NYSE: ACM) has been awarded a $142 million contract option to continue analytical, legal, program and business support work for the Justice Department‘s Asset Forfeiture Program. The single-award, indefinite-delivery/indefinite-quantity, time and material contract covers 36 labor categories such as financial …

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AECOM Wins $110M to Support USAID’s South Sudan Work; John Dionisio Comments

AECOM Technology Corp. (NYSE: ACM) has won a $110 million contract to provide the U.S. Agency for International Development with conflict mitigation support services for their work in South Sudan. The South Sudan Viable Support to Transition and Stability program builds on a previous initiative that AECOM launched in 2009 …

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Andrew Peters Named AECOM SVP, Safety Lead; John Dionisio Comments

Andrew Peters, a former Parsons Corp. vice president for safety, health and environment, has joined AECOM Technology Corp. as senior vice president and chief safety officer. The 35-year industry veteran brings experience in managing both direct hire and contractor workforces, AECOM said Monday. Peters will lead AECOM’s safety, health and …

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