Aecom Technology Inks LAX Contract

By Associated Press
April 10, 2008
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Aecom Technology Corp. said Thursday it received a one-year, $25-million contract to provide program management services for the capital improvement program at Los Angeles International Airport.

Aecom said it will manage the development program at the airport, which includes the Midfield Satellite Concourse, new large aircraft gates at the Tom Bradley International Terminal and related projects.

The contract term could also be extended, with Los Angeles City Council approval, to continue program management services over a six-year period, the company said.

Shares of Aecom, a provider of professional technical and management support services, rose 66 cents, or 2.6 percent, to close at $26.58.
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