LOS ANGELES--(BUSINESS WIRE)-- AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for public and private sector clients in more than 130 countries around the world, announced today that it has won a task order contract from the U.S. Air Force for Contract Field Teams (CFT) worth up to US$16.5 million during a three-year duration, if all options are exercised.
The CFT contract is an indefinite delivery/indefinite quantity (IDIQ) contract with the U.S. Army Reserve (AR) Command to supplement its Aviation Support Facilities full-time maintenance support. Under this task order, AECOM will provide aviation field maintenance and limited sustainment maintenance for AH-64, CH-47, UH-60 and HH-60 aircraft, and associated ground support equipment for all rotary wing aviation units assigned to the AR Command in accordance with the U.S. Army’s established policies and procedures.
Under the assignment, approximately 95 AECOM employees will provide support across nine locations.
CFT task orders awarded to AECOM under its IDIQ contract to date total approximately US$376 million, and include assignments in Arizona, California, Florida, Georgia, Guam, Kansas, North Carolina, Oklahoma, Texas and Utah. The CFT program, which has a maximum value of US$10.12 billion over a seven-year period through 2015, provides major and minor inspections, maintenance, modifications and repairs of aircraft and ground vehicles at U.S. government locations around the world.
AECOM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 130 countries and had revenue of $8.0 billion during its fiscal year 2011. More information on AECOM and its services can be found at www.aecom.com.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are 'forward-looking statements' for purposes of federal and state securities laws, including any projections of earnings, statements of plans for future operations or expected revenue.Actual results could differ materially from those projected or assumed in any of our forward-looking statements.Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our annual report on Form 10-K for the fiscal year ended Sept. 30, 2011, and our other reports filed with the U.S. Securities and Exchange Commission. AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.