AECOM, one of the Energy Department’s top nuclear complex contractors, is scheduled to report earnings for the fiscal first quarter ended Dec. 30 ahead of the opening bell today.
A near-ubiquitous presence in Cold War nuclear cleanup , AECOM is already heavily invested in liquid-waste operations at the Hanford and Savannah River sites that represent some of the biggest revenue opportunities in the DOE complex.
A listen-only feed for the company’s earnings call with investors is scheduled to stream on AECOM’s website at 12 p.m. Eastern time today.
Of the $3.2 billion in revenue AECOM’s Management Services division pulled in its last fiscal year, 25 percent came from cleanup work for DOE’s Office of Environmental Management.The division led off 2017 with some $25 billion in bids under considation by clients in the federal sector, including a proposal for a 10-year contract to continue liquid waste management at the Savannah River Site in South Carolina — a job estimated to be worth about $6 billion in total.
AECOM is the senior partner in the incumbent for that work, Savannah River Remediation. The parent company is bidding against some of its current partners for the follow-on deal, including teams led by BWX Technologies, of Lynchburg, Va., and Fluor Corp., of Irving, Texas.
AECOM also leads Washington River Protection Solutions, the tank farm manager at the Hanford Site in Washington state. More broadly around the DOE complex, it is also a partner (via its URS subsidiary) in Los Alamos National Security, management and operations contractor for the Los Alamos National Laboratory in New Mexico; and in Nuclear Waste Partnership, which operates the Waste Isolation Pilot Plant further south in the state.
