AECOM Technology Corp. gave investors some good news in its first quarter 2010 earnings announcement, released on Feb. 9. The firm reported revenue up 2% to $1.5 billion, for the three months ending Dec. 31, 2009, compared to the same period a year earlier. Backlog jumped 11% in the quarter to $10 billion and net income increased 12%, to $46 million over last year. Based in Los Angeles, AECOM has built itself through acquisitions that have broadened its reach and made results less sensitive to a fall-off in one sector of the economy or world. The company acknowledged that first
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.