Core Insights - AECOM (ACM) has secured a $1.5 billion multiple-award task order contract from the U.S. Air Force Civil Engineer Center for global architecture and engineering services, with a five-year base period and an option for an additional five years [1][7] Group 1: Contract Details - The contract encompasses various environmental programs, including restoration, planning, and conservation across federal agencies, reinforcing AECOM's role in delivering environmental services [2][3] - AECOM will provide services throughout all project lifecycle phases, including planning, assessment, investigation, design, and long-term management [3][7] Group 2: Company Performance - AECOM has shown strong backlog growth, with a total backlog of $24.27 billion at the end of the second quarter of fiscal 2025, up from $23.74 billion in the previous year, reflecting a 54.9% contracted backlog growth [5] - The company achieved an 80% win rate on major enterprise pursuits in the fiscal second quarter, maintaining an overall win rate of over 50%, indicating its competitive advantage in securing large, complex projects [5] Group 3: Market Position and Growth Prospects - AECOM's shares have increased by 3.7% year-to-date, outperforming the Zacks Engineering - R and D Services industry's 2% gain, supported by the $1.2 trillion IIJA funding in the U.S. and infrastructure investments in the U.K. [8] - The company has delivered a trailing four-quarter earnings surprise of 11.5% on average and has seen its stock increase by 67.4% over the past year, indicating strong market performance [10]

Core Viewpoint - Aecom Technology (ACM) shares have increased by approximately 7.5% over the past month, outperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings release [1]. Earnings Estimates - Estimates for Aecom have trended downward over the past month, indicating a negative shift in expectations [2][4]. VGM Scores - Aecom currently holds an average Growth Score of C, a Momentum Score of D, and a Value Score of C, resulting in an aggregate VGM Score of C, placing it in the middle 20% for investment strategies [3]. Industry Performance - Aecom is part of the Zacks Engineering - R and D Services industry, where competitor Fluor (FLR) has seen a significant gain of 23.6% in the past month. Fluor reported revenues of $3.98 billion for the last quarter, reflecting a year-over-year increase of 6.6% [5]. Future Outlook - Despite the downward trend in estimates, Aecom has a Zacks Rank of 2 (Buy), suggesting an expectation of above-average returns in the coming months [4].

Group 1 - Aecom Technology (ACM) is currently performing better than the average Construction sector, with a year-to-date return of approximately 2.8% compared to the sector's average return of -4.4% [4] - The Zacks Rank for Aecom Technology is 2 (Buy), indicating a positive earnings outlook, with the consensus estimate for full-year earnings having increased by 1% over the past quarter [3] - Aecom Technology is part of the Engineering - R and D Services industry, which has an average year-to-date loss of 1.2%, further highlighting ACM's relative performance [6] Group 2 - Janus International Group, Inc. (JBI) has also outperformed the Construction sector with a year-to-date return of 11.2% [4] - The consensus EPS estimate for Janus International Group has increased by 150% over the past three months, and it also holds a Zacks Rank of 2 (Buy) [5] - Janus International Group belongs to the Building Products - Miscellaneous industry, which has experienced a year-to-date decline of 10.9% [7]

Core Viewpoint - AECOM has secured a 10-year Optimized Remediation Contract valued at $81.3 million from the U.S. Army Corps of Engineers, enhancing its position in environmental remediation services [1][2]. AECOM's Work Scope Under ORC - The contract involves providing environmental remediation services at Vandenberg Space Force Base, covering 60 sites and utilizing advanced digital tools for data collection and analysis [2][3]. Strong Backlog Growth - AECOM's total backlog reached $24.27 billion as of the end of Q2 fiscal 2025, reflecting a 3% increase from $23.74 billion year-over-year, with 54.9% of this backlog contracted [5]. - The company maintains a win rate of over 50% for large projects, which increases for contracts exceeding $25 million, indicating a strong competitive advantage [5]. Market Performance - AECOM's shares have increased by 2.4% year-to-date, outperforming the Zacks Engineering - R and D Services industry's decline of 0.6% [7]. - The company is well-positioned to benefit from the $1.2 trillion IIJA funding in the U.S. and infrastructure investments in the U.K., particularly in transportation and water markets [7].

Group 1: AECOM's Partnership and Project Involvement - AECOM has partnered with the Saudi Ministry of Sport to provide site supervision consultancy at King Fahd Sport City in Riyadh, supporting the transformation of the stadium for the AFC Asian Cup 2027 and the 2034 FIFA World Cup [1][2][3] - The project aligns with Saudi Arabia's Vision 2030, aiming to use sports to boost the economy and enhance community well-being [2][3] - AECOM will leverage its global experience from major sports events to meet FIFA standards and support the stadium's upgrades [3][4] Group 2: AECOM's Experience and Capabilities - AECOM Hunt will act as a key consulting partner, bringing expertise from managing over 140 stadiums, including notable venues like Intuit Dome and SoFi Stadium [5] - The partnership reflects AECOM's focus on delivering significant infrastructure projects, utilizing experience from past global sports events [4] Group 3: Financial Performance and Backlog - AECOM has reported a total backlog of $24.27 billion at the end of the second quarter of fiscal 2025, an increase from $23.74 billion in the prior year, with a 54.9% contracted backlog growth [6][7] - The company achieved an 80% win rate on major enterprise pursuits in the fiscal second quarter, maintaining an overall win rate of over 50% [7] - AECOM's net service revenues grew by 4% on an adjusted basis in the second quarter of fiscal 2025, indicating solid organic growth [10]

Core Viewpoint - Allied Critical Metals Inc. has provided an update on its use of funds following a concurrent financing of approximately $4.6 million, emphasizing the prioritization of exploration at the Borralha Tungsten Project to achieve a preliminary economic assessment by summer 2025 [1][3][4]. Summary by Relevant Sections Use of Funds - The company plans to allocate the funds from the concurrent financing as follows: - Borralha Phase 1: $492,600 - Borralha Phase 2: $1,503,200 - Vila Verde Phase 1: $0 (not funded) - Vila Verde Phase 2: $0 (not funded) - Prepayment on 2027 Note: $100,000 - General and administrative costs: $180,000 - Investor relations services: $885,500 - Additional working capital: $231,866 - Total estimated use of funds is $3,574,811, which is $245,824 less than the maximum projected amount of $3,820,635 [2][5]. Exploration Focus - The company is prioritizing the Borralha project for exploration, which is expected to enable the completion of a preliminary economic assessment (PEA) or prefeasibility study (PFS) by the end of summer 2025. Drilling at Borralha is anticipated to commence on May 22, 2025 [3][4]. Investor Relations Strategy - A total of $885,500 has been allocated for investor relations services to enhance the company's profile and facilitate future capital raising efforts following the completion of the PEA/PFS [4][5]. Market Context - The tungsten market is currently valued at approximately $5 to $6 billion USD, with prices having risen by 25% from $320/MTU to $400/MTU over the past five months. This increase is attributed to a favorable macroeconomic environment for tungsten, which is considered a critical metal [4][12]. Management Changes - Sean Choi has been appointed as the new Chief Financial Officer, replacing Keith Margetson, who will continue as a consultant [8][9]. Stock Options and RSUs - The company has granted 3,500,000 stock options at an exercise price of $0.22 per share and 4,097,760 restricted share units (RSUs) to its directors, officers, employees, and consultants [10][11].

Company Overview - Allied Critical Metals Inc. is a Canadian-based mining company focused on the expansion and revitalization of its 100% owned past producing Borralha and Vila Verde tungsten projects in northern Portugal [3] - Tungsten has been designated a critical metal by the United States and other western countries, with China and Russia representing 90% of the total global supply and reserves [3] Market Context - The tungsten market is estimated to be valued at approximately $5 - $6 billion USD and is utilized in various industries such as defense, automotive, manufacturing, electronics, and energy [3] Recent Developments - Allied's common shares are now trading on the Frankfurt Stock Exchange under the symbol "0VJ0", which is expected to broaden the shareholder base in Europe and increase trading activity [1] - The listing coincides with Allied's presentation of its tungsten projects at the Deutsche Goldmesse investor conference in Frankfurt on May 16 & 17, 2025 [2]

Group 1 - Aecom Technology (ACM) has been outperforming its peers in the Construction sector, with a year-to-date return of approximately 0.2% compared to an average loss of 2.7% for the sector [4] - The Zacks Consensus Estimate for ACM's full-year earnings has increased by 1% over the past three months, indicating improved analyst sentiment and a stronger earnings outlook [4] - Aecom Technology is ranked 2 (Buy) in the Zacks Rank system, which highlights stocks with characteristics likely to outperform the market in the near term [3] Group 2 - Aecom Technology is part of the Engineering - R and D Services industry, which consists of 17 companies and currently holds a Zacks Industry Rank of 21, with an average loss of 1.2% this year [6] - In comparison, Primoris Services (PRIM), another outperforming stock in the Construction sector, has a year-to-date return of 0.6% and a consensus EPS estimate increase of 5.4% over the past three months [5] - The Building Products - Heavy Construction industry, which includes Primoris Services, is ranked 1 and has seen a year-to-date increase of 0.9% [7]

Group 1 - The core viewpoint is that ACM Research, Inc. (NASDAQ: ACMR) is seen as a promising investment due to its growth potential in the wafer cleaning segment, which is crucial for the semiconductor supply chain [1] - The company is emerging as a significant player in its industry, indicating a positive outlook for future performance [1] Group 2 - The analysis is based on thorough research and analysis of financial statements, market trends, and upcoming events that may impact the company or industry [1]

Core Viewpoint - Aecom Technology (ACM) is showing potential as a strong investment opportunity due to its recent technical indicators and positive earnings revisions [1][2][3] Technical Analysis - ACM has recently surpassed the 200-day moving average, indicating a long-term bullish trend [1] - The stock has appreciated by 12% over the past four weeks, suggesting upward momentum [2] Earnings Estimates - There have been two upward revisions in earnings estimates for the current fiscal year, with no downward revisions, indicating positive sentiment among analysts [3] - The consensus estimate for ACM has also increased, further supporting the bullish outlook [3] Investment Recommendation - Given the strong technical indicators and positive earnings revisions, ACM is recommended for investors to consider adding to their watchlist [3]