AECOM (/eɪ.iːˈkɒm/ ay-ee-KOM) (formerly known as
Corporation) is an American multinational engineering firm that
provides design, consulting, construction, and management services to
a wide range of clients.
AECOM has approximately 87,000 employees, and is number 161 on the
Fortune 500 list. This is down from 87,500 employees and
number 156 on the 2016 list. Fortune named
AECOM as one of 2015
World's Most Admired Companies, and again in 2016 & 2017.
Engineering News-Record ranked
AECOM as Number 1 Global Design
The company's official name from 1990 to early January 2015 was AECOM
Technology Corporation. Today, it is known simply as AECOM. The
company is listed on the
New York Stock Exchange
New York Stock Exchange (NYSE) under the
ticker symbol ACM and on the
Frankfurt Stock Exchange
Frankfurt Stock Exchange under the
ticker symbol E6Z.
4 Corporate affairs
5 Major projects
7 See also
10 External links
Operating through more than a dozen subsidiaries,
AECOM traces its
origins to Kentucky-based Ashland Oil & Refining Company, which in
turn grew out of Swiss Drilling Company, founded in Oklahoma in 1910
by J. Fred Miles. He gained control of some 200,000 acres and formed
Swiss Oil Company in Lexington. In 1924 Miles launched a refining
operation called Ashland Refining Company, headed by Paul Blazer.
While the parent company struggled, leading to the ouster of Miles,
Ashland prospered under Blazer's leadership, and in 1936 he was named
chief executive officer of the reorganized company, Ashland Oil &
Refining Company. In 1966 Ashland acquired Warren Brothers and became
involved in highway construction and construction materials. The
company was able to take advantage of refinery byproducts to produce
asphalt. Ashland grew into one of the nation's major road-construction
firms, and laid a foundation for AECOM. Through a series of
acquisitions and technological developments prior to the buyout,
Ashland grew to include chemical, petrochemical, highway construction,
and construction materials firms within its realm, laying the
groundwork for the creation of Ashland Technology in 1985.[citation
In the 1970s Ashland Oil & Refining became Ashland Oil, Inc. Five
years later the company consolidated its construction assets into a
construction division and also formed a coal subsidiary, indicative of
a changing focus at Ashland. Although it generated more than $1
billion a year in sales, Ashland was a small player in the oil
industry at a time when the cost of exploration was prohibitively
expensive. By 1980 Ashland sold its production assets, and a year
later was reorganized as a modified holding company. A new corporate
strategy was implemented as Ashland now focused on refining and
marketing, and sought to grow its non-refining businesses. In 1984
Ashland acquired Daniel, Mann, Johnson & Mendenhall (DMJM), a
global provider of transportation-related engineering services.
Originally focused on military projects, after World War II it had
become one of the first integrated engineering and architectural firms
in the western United States. The acquisition of DMJM also included
its president, Richard G. Newman, AECOM's future chief executive and
chairman. In 1985 DMJM became part of a new subsidiary, Ashland
Technology Corporation. Two years later Newman was named its new
When Ashland chose to return to its core petroleum refining business
in the late 1980s, Newman recommended an employee buyback proposal,
resulting in the spin-off of Ashland Technology and the creation of
AECOM (Architecture, Engineering, Consulting, Operations, and
Maintenance) in 1990. The company went on to acquire a number of
engineering, design and planning firms including engineering company
Maunsell, urbanism and sustainability practice EDAW, Economic Research
Associates (ERA), environmental management firm ENSR and The RETEC
Group Inc., architects
Ellerbe Becket and Davis Langdon, the quantity
surveyors and construction consultants.
AECOM went public during May 2007 with an initial public offering on
the NYSE, netting $468.3 million. On January 8, 2008 AECOM
acquired The Services Group, Inc., a provider of consulting services
to the US Agency for International Development and other multi-lateral
donor organizations. On July 28, 2008,
AECOM completed its purchase of
Earth Tech Inc., a consulting and engineering firm, from Tyco
International for $510 million. On July 14, 2010, AECOM
announced its acquisition of Tishman Construction Corp., a leading
provider of construction management services in the
United States and
the United Arab Emirates, in a $245 million transaction including $202
million in cash and the remainder in
AECOM common stock. On July
AECOM announced its acquisition of URS Corporation, an
engineering, construction, and technical services firm for US$56.31
per share in cash and stock. Effective July 10, 2014, it acquired
ACE International Consultants SL, a Madrid-based provider of
consulting services. In July 2014, it acquired Hunt Construction
Group, adding to AECOM's construction services business.
In 2012, the company had assets worth $5.67 billion, and equity of
$2.23 billion. In 2015, Aecom had operating income of $535.19
million and net income of $154.85 million. In 2016, Aecom had
revenue of $17.4 billion. In 2017, Aecom reported full year
revenue of $18.2 billion, a new high for the company.
Net income for
the year came to $339 million. Operating income for the full year came
to $241 million.
AECOM's first president and
CEO was Richard Newman, who came to
Ashland through its acquisition of DMJM. Newman served as president of
Ashland Technology and was instrumental in the creation of AECOM.
In 2005, John M. Dionisio succeeded Newman as president and
AECOM. In 2011, Dionisio became chairman of the company. In March
2014, Michael S. Burke succeeded Dionisio and serves as the company's
current chairman and CEO. Dionisio remains on AECOM's Board of
In 2011, Stephen M. Kadenacy was named chief financial officer and
currently serves as president. In 2017 Kadenacy was succeeded by
In May 2014, Kevin Lynch was appointed as executive vice president and
chief strategy officer at AECOM.
In March 2015, Carla Christofferson was appointed as executive vice
president and general counsel of the firm.
In August 2015, Mary E. Finch was named executive vice president and
chief human resources officer, effective September 28.
AECOM provides professional technical and management support services
to both public and private sector clients.
AECOM currently works in
the following areas: the Americas, Europe, Asia, Middle East, Africa,
and Australia/New Zealand. Services relate to areas including
Architecture & Design,
Asset Management, Construction, Cost
Management, Decommissioning & Closure, Economics, Engineering,
Environmental Services, International Development, IT & Cyber
Security, Operations & Maintenance, Planning & Consulting,
Program, Management/Construction Management, Risk Management &
Resilience and Technical Services.
AECOM is headquartered in Los Angeles, California, United States, with
clients in more than 150 countries. The company reported a revenue of
US$17.4 billion during the 12 months that ended September 30,
AECOM provides Specialized Integrated Solutions in Alternative
Delivery Models, Cities Solutions, Converged Resilience, Equity
Investment, Multinational Investment &, Development, Process
Technologies and Public-Private Partnerships. The company operates
under the following business lines: Architecture; Building
Engineering; Construction Services; Design + Planning; Economics;
Energy; Environment; Government; Mining; Oil + Gas; Program
Management; Program, Cost, Consultancy; Transportation; and Water.
2016 Summer Olympics
Abu Dhabi International Airport
Adani Carmichael Coal Mine Rail Project
Al Raha Beach
Argyle diamond mine
Brisbane City Hall
Cape Town Stadium
Central Market Project
Central–Wan Chai Bypass
China National Convention Center
Defense Information Systems Agency
Defense Intelligence Agency Headquarters
Delhi Jal Board Sewerage System
Dubai Healthcare City
Envision Energy Headquarters
European Route 4
European Route 20 upgrade
E10 European Arctic Road upgrade
Fort Knox Gold Mine
Garuda Wisnu Kencana
Golden 1 Center
The Grand (Los Angeles)
Halley Research Station
Heinz Innovation Centre
Hong Kong International Airport
Hong Kong Science Park
Idaho National Laboratory
John F. Kennedy International Airport
Langley Research Center
Lawrence Livermore National Laboratory
Lincoln Center for the Performing Arts
Little Caesars Arena
Logan International Airport
Los Angeles International Airport
Los Angeles Stadium at Hollywood Park
Los Vaqueros Reservoir
Low Level Waste Repository
The Mersey Gateway Project, Liverpool
Moses Mabhida Stadium
National Broadband Network
National Energy Technology Laboratory
New Irvington Tunnel
New York University Shanghai
Olmsted Locks and Dam
One Bryant Park
Padma Bridge of Bangladesh
The Pavilion at Ole Miss
Pearl Harbor Memorial Bridge (Connecticut)
Public housing estates in the Kai Tak development area
Resorts World Sentosa
The Royal Bank of Scotland
Samsung Medical Center
San Roque Dam
Singapore Sports Hub
South Park (Downtown Los Angeles)
Spring Hill Manufacturing
Taizhou Yangtze River Bridge
Tappan Zee Bridge
U.S. Army Information Technology Agency
Union Station (Denver, Colorado)
Woodrow Wilson Bridge
World Trade Center
AECOM and its projects have received various awards, including:
2017 Number 1 Global Design Firm.
2016 Number 1 Global Design Firm.
2015 Number 1 Global Design Firm.
2015 Number 1 Green Building Design Firm.
2015 Number 1 International Design Firm.
2015 Number 1 Transportation and Water.
2015 Number 2 Environmental Firm.
2015 Global award for NCE/ACE Consultants of the Year.
Notre Dame Global Adaptation Index Corporate Prize for United
Nations International Strategy for Disaster Risk Reduction Disaster
Reduction Scorecard, 2015 Project Merit Award for Climate Change
Adaptation, 2015 Project Merit Awards for Environmental Remediation
and Habitat Protection.
Institution of Structural Engineers 2013 Supreme Award for
structural engineering of the Taizhou Yangtze River Bridge.
Financial Times names
AECOM Best Workplaces.
2009 "Best of the Best" winner by Black EOE Journal, Hispanic Network
Magazine, and Professional Woman's Magazine for its commitment to
diversity and its excellence in fostering an inclusive environment for
employees, clients, and business partners.
IStructE Supreme Award laureates
Dewhurst Macfarlane & Partners / Goldreich Engineering PC
Dar Al-Handasah Consultants
Buro Happold & engineers Haskins Robinson Waters
Flint & Neill and Sinclair Knight Merz
Jiangsu Provincial Comms Planning and Design Institute & AECOM
Fast + Epp
Gateshead Millennium Bridge, Gateshead, England
David L. Lawrence Convention Center, Pittsburgh, United States
Sungai Prai Bridge, Perai, Malaysia
Savill Building, Surrey, England
Heathrow Terminal 5, London, England
Infinity Footbridge, Stockton-on-Tees, England
Stonecutters Bridge, Hong Kong, China
London Velodrome, London, England
West Gate Bridge
West Gate Bridge strengthening, Melbourne, Australia
Taizhou Bridge, Taizhou, China
Glass Lantern, Apple Store, Zorlu Center, Istanbul, Turkey
Singapore Sports Hub, Singapore
Grandview Heights Aquatic Centre, Surrey, British Columbia
List of companies in the United States
List of S&P 400 companies
Department of Civil Engineering profiles, City College of New York
Engineering News-Record Top 500 list
Newsweek Top Greenest Companies
Sutong Bridge Project 2010 Outstanding Civil Engineering
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^ Fahy, Michael. "Aecom promotes Michael Burke to chairman -
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^ "Kevin Lynch".
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AECOM Reports Fiscal Fourth Quarter and Full Year 2016 Results".
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