Sign In
Search
Business/Financial

AECOM to Sell Government Contracting Biz to Investment Group for $2.4 Billion

Defense Daily Staff Defense Daily Staff
SHARE:
AECOM to Sell Government Contracting Biz to Investment Group for $2.4 Billion

AECOM [ACM] said on Monday it plans to sell its government contracting business for $2.4 billion to two investment firms rather than advancing its previous plan to spin the branch off into a stand-alone public company. Affiliates of New York City-based American Securities and Lindsay Goldberg are joining to buy AECOM’s Management Services business. In June, AECOM announced plans for a 2020 initial public offering for the Management Services group, which holds billions of dollars’ worth of contracts with the…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at [email protected] or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.

Recommended

Business/Financial

Damian Gonzalez, Reliability Engineer at Lockheed Martin

Business/Financial

Safran Closes Acquisition of L-1

Business/Financial

CBP Seeks Proposals For Mobile Video Surveillance System

Business/Financial

Boeing Selling Tactical Intelligence Aircraft to Single- and Multi-Mission Customers

Trending

Red Cat Expects LRIP Order Soon For Army’s SRR Small Drone, ‘Aggressive’ Ramp Up In FY ‘26
Golden Dome Head Outlines Near Term Goals, Space-Based Interceptors, And Undecided Architecture
Armada Announces $131 Million Funding Raise To Scale Relocatable Data Center
DoD Acquisition Chief Supports HASC’s Reform Proposal, Lawmakers Urge More Communication
Lockheed Martin Outlines $1.6 Billion In Charges, Including Skunk Works Program

Contract Updates

BAE Systems Space & Mission Systems Inc. (Boulder, Colorado) – $48,000,000

BAE Systems Space & Mission Systems Inc., Boulder, Colorado, was awarded a $48,000,000 firm-fixed-price contract for the study, design, development, enhancement, testing, and procurement of advanced communication-electronics technologies. Bids were solicited via the internet with one received. Work locations and…

Portus Stevedoring LLC (Jacksonville, Florida) – $8,292,583

Portus Stevedoring LLC, Jacksonville, Florida, is awarded a not-to-exceed $8,292,583 firm-fixed-price, indefinite-delivery/indefinite-quantity contract with a five-year ordering period for stevedoring and related terminal services. This contract provides for full range of stevedoring and related terminal services to include the receipt,…

Foster Miller doing business as QinetiQ North America (Waltham, Massachusetts) – $11,310,230

Foster Miller, doing business as QinetiQ North America, Waltham, Massachusetts, is awarded an $11,310,230 firm-fixed-price modification to a previously awarded indefinite-delivery/indefinite-quantity contract (N00174-21-D-0019) to exercise Option Year Four for production, engineering support, and post-production support of the MK 2 Man…

EnergySolutions Services Inc. (Oak Ridge, Tennessee) – $13,336,650

EnergySolutions Services Inc., Oak Ridge, Tennessee, is being awarded a $13,336,650 firm-fixed-price, indefinite-delivery/indefinite-quantity contract action (N42158-25-D-E001) for nuclear services for the processing, recycling and disposal of radiologic materials through disassembly, decontamination, metal melting, compaction, incineration, resin sluicing/dewater, bulk waste assay…

The Force Multipliers

Force Multipliers

Force Multipliers – Fred Taylor

Force Multipliers

Force Multipliers – Adam Maruyama

Force Multipliers

Chris Wilson – Qlik

Force Multipliers

Tim Solms – Slingshot Aerospace

Job Feed

Post a Job // Post a Resume