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AECOM announces ‘all-time high’ for quarterly revenue

August 10, 2018

AECOM, the U.S. Department of Energy contractor with Savannah River Site ties and an Aiken footprint, reported a jump in revenue for the third quarter of fiscal year 2018.

On Aug. 7, the company announced a “quarterly all-time high” in a financial press release.

AECOM’s third quarter revenue reached $5.1 billion, an increase of 13 percent. The company’s Management Services sector, which works closely with the DOE and other defense organizations, reported a quarterly revenue of more than $935 million, an increase of roughly $79 million compared to 2017.

AECOM is based in Los Angeles and is involved in energy, engineering, construction, cleanup and management ventures. The company leads Savannah River Remediation, the current SRS liquid waste contractor. The SRR team includes BWXT, Bechtel National and CH2M.

The liquid waste mission involves processing radioactive waste and closing waste-storage tanks at the Site.

SRR received a 10-month contract extension at the end of May. The extension – which keeps SRR on the job as the DOE reviews new liquid waste bids – is valued at $450 million, according to company information.

SRR has been the liquid waste contractor since 2008. The AECOM website, as of Friday, prominently features a SRR accomplishments video on the main page.

AECOM has an office along Newberry Street in Aiken.

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