Leading provider of professional technical and management
support services for public and private clients
AECOM Technology Corporation
) was recently awarded a $49 million contract by the U.S. Agency
for International Development's Office of Transition Initiatives
(USAID/OTI) for the Mali Transition Initiative (MTI). The MTI
program aims to promote peace and stability in Mali, West
AECOM will be acting as the implementing partner for the
three-year MTI program. As per the agreement, AECOM is expected
to assist the U.S. government in reinstating democracy in Mali
and making information freely available to the public.
The MTI program will also focus on providing immediate
stability in Northern Mali with the re-establishment of the
region's governance structures.
The contract will be included in the Management Support
Services (MSS) segment of AECOM, which primarily offers program
and facilities management and maintenance, training, logistics,
consulting, technical assistance and systems integration services
for the U.S. government. The MSS segment contributed $0.9 million
or 11% of total consolidated revenue during fiscal 2012.
Based in Los Angeles, California, AECOM provides services to
diversified markets such as transportation, facilities,
environmental, energy and government. The company has around
45,000 employees to serve its clients, which are spread in more
than 140 countries. AECOM reported revenues of $1.9 billion
during its last quarter.
AECOM currently carries a Zacks Rank #3 (Hold). Some
better-placed stocks in the construction sector that are worth a
DR Horton Inc.
Dycom Industries Inc
Eagle Materials Inc
). All these stocks carry a Zacks Rank #1 (Strong Buy).
AECOM TECH CORP (ACM): Free Stock Analysis
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