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DALLAS - AECOM (NYSE: ACM), a global infrastructure firm, announced its selection for Network Rail’s Asset Protection (ASPRO) support services framework for the North West & Central region. The contract, which includes a three-year term with an optional two-year extension, involves AECOM assisting with the mitigation of risks during third-party work on or near Network Rail infrastructure.
This new role continues AECOM’s 18-year history with Network Rail and involves collaboration with local authorities, train, and freight operating companies. The company will partner with SLC to leverage their joint expertise in third-party rail schemes.
Mark Southwell, AECOM’s chief executive of global Transportation, stated that the firm’s comprehensive technical capabilities would ensure safe and reliable improvement work by Network Rail partners. Nathan Campsall, Director of SLC, emphasized the importance of their expertise in facilitating third-party projects while maintaining safety and encouraging future investment.
AECOM’s involvement will span a range of services, including program and project management, engineering, commercial, construction, and PMO roles. The partnership with SLC also builds on recent collaborations, such as the West Midlands Rail Programme and the Northumberland Line project, which reopened in December 2024 after 60 years.
Richard Whitehead, chief executive of AECOM’s Europe & India region, expressed the company’s commitment to maintaining high safety standards and its preparedness to safeguard UK rail route improvements.
AECOM, a Fortune 500 firm with $16.1 billion in revenue for the fiscal year 2024, positions itself as a leader in delivering infrastructure solutions across various sectors. The company’s forward-looking statements highlight their strategic plans and the potential risks associated with their business.
This announcement is based on a press release statement from AECOM.
In other recent news, AECOM reported revenue of $16.1 billion for fiscal year 2024, reflecting its robust performance across various sectors. The company has been engaged in several significant projects, including a joint venture with the Highways Department of the Hong Kong Special Administrative Region Government to deliver technical services for the Northern Metropolis Highway. This project aims to enhance connectivity in Hong Kong’s Northern Metropolis, incorporating advanced technologies for efficient delivery. Additionally, AECOM has partnered with Sydney Water to revamp Sydney’s water infrastructure, addressing rapid population growth and climate resilience. This initiative supports the New South Wales Government’s vision for Greater Sydney.
Furthermore, AECOM has been awarded a contract to oversee a key section of Hong Kong’s Northern Metropolis development, emphasizing innovation and technology. The project involves creating a community-focused hub with a focus on urban-rural integration and sustainability. In governance matters, AECOM’s shareholders recently re-elected its Board of Directors and ratified Ernst & Young LLP as the independent accounting firm for the fiscal year ending September 30, 2025. KeyBanc Capital Markets recently adjusted its price target for AECOM to $109, maintaining an Overweight rating due to the company’s strong market position and growth prospects.
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