AECOM

Fewer Piers Are More for Illinois Tollway's Mile-Long Bridge Replacement

June 29, 2020

The Illinois Tollway Authority widened the Central Tri-State’s Mile Long Bridge while also reducing the number of piers beneath it by half, making room for the three waters and two railways underneath.

Leadership Transition

AECOM Names CFO Troy Rudd to Replace Michael Burke as CEO

Debra K. Rubin

June 15, 2020

No Comments

But three board members opposed selection of finance rather than operational chief, and one resigns from director service.

WSP Plans New Stock Offering, Reviving Speculation About Deal

Richard Korman

June 2, 2020

No Comments

Stock with a value of $437 million will be offered.

GAO Rejects Bechtel Team Protest of $10B DOE Contract to Ex-AECOM Group

Mary B. Powers

Debra K. Rubin

May 14, 2020

No Comments

Ten-year Hanford site final award to new spinoff Amentum comes as DOE on May 14 said that much-watched $13B cleanup at site will go to BWXT-Fluor team. Analyst predicts a Jacobs bid protest.

Coronavirus and Construction

AECOM Says Owners Are Paying For Most Pandemic-Idled Project CM Costs

The company continued to pile up restructuring-related losses in fiscal 2020 first half

Richard Korman

May 6, 2020

No Comments

The engineering and construction services giant is working its way out of fixed-price contracts.

Whistleblower Suit Dismissed Against AECOM on $1.9B U.S. Army Contract

Mary B. Powers

April 16, 2020

No Comments

Federal judge rejects former finance manager's charges of overbilling and other violations, citing "underlying invalidity of the merits."

Financial Turmoil

AECOM and WSP Halt Talks to Create Megafirm, Sources Say

Value uncertainty created by COVID-19 pandemic is apparent reason

Debra K. Rubin

April 2, 2020

No Comments

Two giants won't confirm negotiations, but deal was close before COVID-19 projections, with talks that could pick up by summer, source says.

Transit Veteran Leaves STV C-Suite for AECOM

Debra K. Rubin

Tom Ichniowski

March 4, 2020

No Comments

U. of Maryland picks engineering school dean as next president of the Top 25 US public university.

Crane Collapses at SoFi Stadium Site in Calif., No Injuries Reported

Erica Berardi

February 28, 2020

No Comments

A stationary crane collapsed Friday morning at SoFi Stadium., the soon-to-be home to the Los Angeles Rams and Chargers located in Inglewood, Calif. Los Angeles County Fire Department remained on the scene as of Friday afternoon.

Transportation