AECOM will exit work in Russia “immediately” in response to Russia's invasion of Ukraine, the company announced on March 7, an action it said would generate up to a $50-million one-time expense in its second quarter, based on impaired assets.
The firm, which reported $13.3 billion in global revenue, said the financial contribution from its Russia operations is not “material,” but a spokesman declined to disclose details on pending projects. operations or clients there that would be affected.