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AECOM

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AECOM : supporting the U.S. Army Corps of Engineers' work on a temporary medical facility in New York to assist with the region's coronavirus pandemic recovery efforts

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04/06/2020 | 06:56am EDT

AECOM (NYSE:ACM), the world’s premier infrastructure firm, today announced that it is supporting the U.S. Army Corps of Engineers (USACE), New York District, with design and construction management services to transform a university facility on Long Island into a temporary medical facility with more than 1,000 beds. In support of a FEMA mission, the alternate care facility at the State University of New York, College at Old Westbury will help ease the strain on existing medical facilities during the coronavirus pandemic.

“As a global community, we face the challenge of responding to the coronavirus pandemic,” said Michael S. Burke, AECOM’s chairman and chief executive officer. “We’re incredibly proud to support the U.S. Army Corps of Engineers on this critical mission as they seek to protect the people of New York. With more than 3,000 staff in metro New York, the pandemic hits close to home, and our passionate team of experts are committed to helping deliver a better world.”

During national emergencies, the USACE is the U.S. federal government's lead public works and engineering support agency. AECOM began to support this essential work on Monday, March 30. The contract has an estimated completion date of April 20, 2020.

Amid the ongoing global coronavirus pandemic, AECOM is doing everything it can to help ensure the safety and well-being of its employees, maintain operational resilience and provide solutions that can help clients and communities along the path to recovery. Learn more about the company's approach to business resilience and continuity, and its commitment to deliver a better world.

About AECOM

AECOM (NYSE:ACM) is the world’s premier infrastructure firm, delivering professional services throughout the project lifecycle – from planning, design and engineering to consulting and construction management. We partner with our clients in the public and private sectors to solve their most complex challenges and build legacies for generations to come. On projects spanning transportation, buildings, water, governments, energy and the environment, our teams are driven by a common purpose to deliver a better world. AECOM is a Fortune 500 firm with revenue of approximately $20.2 billion during fiscal year 2019. See how we deliver what others can only imagine at aecom.com and @AECOM.


© Business Wire 2020
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Financials (USD)
Sales 2020 12 876 M - -
Net income 2020 112 M - -
Net cash 2020 1 369 M - -
P/E ratio 2020 65,6x
Yield 2020 -
Capitalization 7 068 M 7 068 M -
EV / Sales 2019
EV / Sales 2020 0,44x
Nbr of Employees 86 000
Free-Float 95,2%
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Mean consensus BUY
Number of Analysts 10
Average target price 45,40 $
Last Close Price 45,44 $
Spread / Highest target 10,0%
Spread / Average Target -0,09%
Spread / Lowest Target -7,57%
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Managers
NameTitle
Michael S. Burke Chairman & Chief Executive Officer
Randall A. Wotring Chief Operating Officer
W. Troy Rudd Chief Financial Officer & Executive Vice President
Daniel R. Tishman Vice Chairman
Robert John Routs Independent Director
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