The AECOM Technology Corp. acquisition juggernaut, running now for at least five years, is showing few signs of slowing down, despite the recession. The Los Angeles-based engineer said on Aug. 5 that it would spend a total of nearly $680 million to buy two more companies, less than a month after its $245-million purchase of Tishman Construction Co. propelled the firm deeper into the construction management business. AECOM announced an agreement to acquire Davis Langdon, a U.K.-based cost and project management consultant, for $324 million. The much-rumored purchase is set to add 2,800 global employees and $430 million in 2009
Despite a faltering international market, 2015 and the beginning of 2016 are proving to be strong years for U.S. contractors, with steady domestic growth and only moderate strain from workforce shortages.