AECOM to provide comprehensive technical services for enhanced railway safety across England
DALLAS--(BUSINESS WIRE)--AECOM (NYSE: ACM), the trusted global infrastructure leader, today announced it has been awarded a position on Network Rail's Asset Protection (ASPRO) support services framework for the North West & Central region. The three-year framework, with an optional two-year extension, will see AECOM supporting the region's three ASPRO services teams to mitigate risks to the railway during third-party and outside-party organizations work on or near Network Rail-owned or operated infrastructure.
'AECOM is proud to support ASPRO services in the North West & Central region, continuing our longstanding relationship with Network Rail as we bring together our years of experience and deep bench of skillsets to bear,' says Mark Southwell, chief executive of AECOM's global Transportation business. 'As the industry's top rail and mass transit firm, our teams possess the comprehensive technical capabilities to ensure safe, reliable improvement work by Network Rail partners across England.'
This appointment follows AECOM's 18-year history of providing asset protection services for Network Rail and will involve work with key clients including local authorities, and train and freight operating companies. AECOM will be supported on the framework by SLC, building on its existing strong partnership and SLC's experience in the development and delivery of third-party rail schemes for local authorities, developers and operators.
'Successfully navigating the processes within the rail sector to facilitate the execution of third-party and outside-party projects is crucial—it helps keep the operational rail environment safe and encourages future investment too,' said Nathan Campsall, Director of SLC. 'Our people are experts at working in this area and we look forward to supporting the continued development and innovation of ASPRO services with AECOM and Network Rail.'
'We're honored to partner with SLC as we extend our role on the next generation rail investments across the UK,' said Richard Whitehead, chief executive of AECOM's Europe & India region. 'We are committed to ensuring the highest standards of safety on every project we deliver, and our integrated expertise across transportation, program management and engineering prepares us to safeguard critical improvement operations along the UK's busiest rail routes.
The framework covers a broad range of services, including program, project management, engineering, commercial, construction and project management office (PMO) roles. The appointment also follows AECOM and SLC's delivery of a number of third-party funded rail schemes in recent years, including the West Midlands Rail Programme and the Northumberland Line project, which reopened for passenger travel in December 2024 after 60 years of solely transporting freight.
About AECOM
AECOM (NYSE: ACM) is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients' complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2024. Learn more at aecom.com.
Forward Looking Statements
All statements in this communication other than statements of historical fact are 'forward-looking statements' for purposes of federal and state securities laws, including any statements of the plans, strategies and objectives for future operations, profitability, strategic value creation, capital allocation strategy including stock repurchases, risk profile and investment strategies, and any statements regarding future economic conditions or performance, and the expected financial and operational results of AECOM. Although we believe that the expectations reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in our forward-looking statements include, but are not limited to, the following: our business is cyclical and vulnerable to economic downturns and client spending reductions; potential government shutdowns, changes in administration or other funding directives and circumstances that may cause governmental agencies to modify, curtail or terminate our contracts; losses under fixed-price contracts; limited control over operations that run through our joint venture entities; liability for misconduct by our employees or consultants; changes in government laws, regulations and policies, including failure to comply with laws or regulations applicable to our business; maintaining adequate surety and financial capacity; potential high leverage and inability to service our debt and guarantees; ability to continue payment of dividends; exposure to political and economic risks in different countries, including tariffs and trade policies, geopolitical events, and conflicts; inflation, currency exchange rates and interest rate fluctuations; changes in capital markets and stock market volatility; retaining and recruiting key technical and management personnel; legal claims and litigation; inadequate insurance coverage; environmental law compliance and adequate nuclear indemnification; unexpected adjustments and cancellations related to our backlog; partners and third parties who may fail to satisfy their legal obligations; managing pension costs; AECOM Capital real estate development projects; cybersecurity issues, IT outages and data privacy; risks associated with the benefits and costs of the sale of our Management Services and self-perform at-risk civil infrastructure, power construction and oil and gas businesses, including the risk that any purchase adjustments from those transactions could be unfavorable and result in any future proceeds owed to us as part of the transactions could be lower than we expect; as well as other additional risks and factors that could cause actual results to differ materially from our forward-looking statements set forth in our reports filed with the Securities and Exchange Commission. Any forward-looking statements are made as of the date hereof. We do not intend, and undertake no obligation, to update any forward-looking statement.
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