Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



AECOM Awarded $110 Million USAID Contract

The U.S. Agency for International Development (USAID) has awarded AECOM Technology (NYSE: ACM  ) a $110 million contract to provide services to USAID's Viable Support to Transition and Stability (VISTAS) program in South Sudan, the company announced this week.

The program is designed to support South Sudan citizens as they continue to rebuild following the country's 2011 independence from the Republic of Sudan. Under the terms of the contract, AECOM will provide USAID with services to help citizens and the government mitigate conflict and participate in political and peace processes, among other things. The program is expected to take five years to carry out.

John Dionisio, AECOM's Chairman and CEO, said in the company's press release that the company is "excited by the opportunity to help create further stability for the people of South Sudan," adding that "AECOM's previous conflict-mitigation experience on various USAID-funded programs in the area since 2007 positions us well to make the VISTAS program a success."

AECOM has seen its price per share increase by 28.8%, from $23.80 to $30.66, since the start of 2013. The technical and management support provider has also seen a 58% increase in annual revenue, bringing in $8.2 billion in 2012.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2613815, ~/Articles/ArticleHandler.aspx, 8/26/2016 1:23:26 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 4 hours ago Sponsored by:
DOW 18,448.41 -33.07 -0.18%
S&P 500 2,172.47 -2.97 -0.14%
NASD 5,212.20 -5.49 -0.11%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

8/25/2016 4:02 PM
ACM $32.18 Down +0.00 +0.00%
AECOM Technology CAPS Rating: ****