AECOM

AECOM. AECOM is a global infrastructure consulting firm, delivering professional services across the project lifecycle from planning and design to construction and operation. The company operates in over 150 countries, providing solutions in transportation, water management, environmental remediation, and sustainable development. It is publicly traded on the New York Stock Exchange under the symbol ACM and is a component of the S&P 400.

History

The company was founded in 1990 by Richard G. Newman as Ashland Technology, later renamed AECOM, an acronym for Architecture, Engineering, Construction, Operations, and Management. Its growth was fueled by a series of strategic acquisitions, including the engineering firm Metcalf & Eddy in 1999 and the construction services group URS Corporation in a landmark 2014 deal valued at approximately $6 billion. This merger with URS Corporation, one of the largest in the engineering industry, significantly expanded its capabilities in federal government contracting and program management. Earlier, it had integrated the operations of Earth Tech from Tyco International and completed an initial public offering on the New York Stock Exchange in 2007.

Services

The firm's service portfolio is organized around several core practice areas. Its Design and Consulting Services segment encompasses master planning, architectural design, and engineering for major infrastructure, working on projects like the Gerald Desmond Bridge Replacement and the Los Angeles International Airport modernization. The Construction Services division, largely through its AECOM Capital and Tishman Construction subsidiaries, manages building, energy sector projects, and public-private partnership developments. Its Environmental services include contaminated site assessment, ecosystem restoration, and compliance support for agencies like the United States Environmental Protection Agency. Additionally, its Program Management group oversees large-scale, complex initiatives for clients such as the United States Department of Defense and various national governments.

Operations

AECOM is structured into three primary reporting segments: the Americas, which includes its extensive work in the United States, Canada, and Latin America; the Asia Pacific region, with major hubs in Hong Kong, Australia, and Singapore; and the Europe, Middle East and Africa (EMEA) zone, covering the United Kingdom, Saudi Arabia, and the United Arab Emirates. Its operational model emphasizes integrated delivery, leveraging global expertise from offices in London, Dubai, Sydney, and Toronto to serve multinational clients. The company frequently partners with entities like the World Bank, the Asian Development Bank, and various state-owned enterprises on international development projects.

Major projects

The company has been involved in numerous high-profile infrastructure programs worldwide. In transportation, it provided design and engineering for the East Side Access project in New York City, the Crossrail railway in London, and the High Speed 2 (HS2) rail link in the United Kingdom. Its environmental work includes the multi-billion dollar restoration of the Florida Everglades and post-Hurricane Katrina reconstruction in New Orleans. Internationally, it has contributed to the development of Lusail City in Qatar, the King Abdulaziz International Airport in Saudi Arabia, and the Mumbai Metro system in India. It also managed construction for iconic structures like the One World Trade Center in Manhattan.

Corporate affairs

The company's headquarters are located in Dallas, following a relocation from Los Angeles in 2021. Its corporate governance is led by a Board of Directors and executive leadership, including the Chief Executive Officer. AECOM has faced scrutiny and legal settlements, such as with the United States Department of Justice over allegations related to False Claims Act violations on federal contracts. The firm actively promotes initiatives in corporate social responsibility, focusing on sustainable engineering and community engagement, and has been recognized on the Dow Jones Sustainability Index. It has also undergone significant portfolio restructuring, including the sale of its Management services division to affiliates of American Securities and Lindsay Goldberg.

Category:Engineering companies of the United States Category:Companies listed on the New York Stock Exchange Category:Construction and civil engineering companies Category:Companies based in Dallas