AECOM awarded contract for Stony Brook University Medical Center’s new
medical and research building and support tower
LOS ANGELES -- January 17, 2013
AECOM Technology Corporation (NYSE: ACM), a leading provider of professional
technical and management support services for public and private clients in
more than 130 countries around the world, announced today that it is working
on a new 465,000-square-foot addition for Stony Brook University Medical
Center’s new Medical and Research Translation (MART) Building and New Beds
Support Tower on Long Island, N.Y.
AECOM is providing planning, medical engineering, design, project management,
interior fit-out, cost estimating, project cost model and risk registry
services. The new, 150-bed wing will house the university’s center for
advanced medical imaging and cancer care, the new children’s and heart
hospitals as well as neuro and surgical intensive care units.
AECOM previously provided the master plan for the university’s medical center.
“This new project provides a vital addition to Stony Brook University and the
region’s health care infrastructure, and we are excited to be making a
positive difference in the community,” said AECOM Chairman and Chief Executive
Officer John M. Dionisio.
The approximate cost of the new facility is US$275 million. The project is
scheduled for completion during 2016.
AECOM is a global provider of professional technical and management support
services to a broad range of markets, including transportation, facilities,
environmental, energy, water and government. With approximately 45,000
employees around the world, AECOM is a leader in all of the key markets that
it serves. AECOM provides a blend of global reach, local knowledge, innovation
and technical excellence in delivering solutions that create, enhance and
sustain the world's built, natural, and social environments. A Fortune 500
company, AECOM serves clients in more than 130 countries and had revenue of
$8.2 billion during the 12 months ended Sept. 30, 2012. More information on
AECOM and its services can be found at www.aecom.com.
Forward-Looking Statements: All statements in this press release other than
statements of historical fact are "forward-looking statements" for purposes of
federal and state securities laws, including any projections of earnings, free
cash flow, profit margins and statements of plans for future operations and
growth, including with respect to our share repurchase program. AECOM believes
that non-GAAP financial measures such as EBITDA and free cash flow also
provide a meaningful perspective on its business results as the company
utilizes this information to evaluate and manage the business. Actual results
could differ materially from those projected or assumed in any of our
forward-looking statements. Important factors that could cause actual results
to differ materially from our forward-looking statements are set forth in our
annual report on Form 10-K for the fiscal year ended Sept. 30, 2012, and our
other reports filed with the U.S. Securities and Exchange Commission. AECOM
does not intend, and undertakes no obligation, to update any forward-looking
Paul Dickard, 646-432-8473
VP, External Communications
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